with annual revenues income reached 66.19 million yuan.

Domestic automotive air conditioning electromagnetic clutch bearing market brand - Ted
At present, China's automotive air conditioning electromagnetic clutch bearing products of the leading enterprises in Qingdao Automobile Bearing Co., Ltd. Ted, "Ted" has become the domestic automotive air conditioning electromagnetic clutch Precision bearing market first brand, its domestic market share ranked first. First half of 2006, the company had produced bearing 918,000 units, sales revenue of 19.096 million yuan, taxes paid 1.133 million yuan from 2010, its production capacity has more than 4 million units, employing more than 300 people, with annual revenues income reached 66.19 million yuan.
Ted company is on the verge of bankruptcy in 2001, the old state-owned enterprises in Qingdao Bearing Factory, based on the restructuring of high-tech private enterprises. After the founding of the automotive air conditioning electromagnetic clutch bearing strong R & D as a key in a short time he mastered the core technology of the product, its leading technical level, is the first to enter the only manufacturer of OEM package, "made ??with a small product a big market. "OEM package due to years of excellent performance, is now internationally famous auto parts company began supporting the development of bearing products, technical content and quality reached the international level of similar products. In 2011, the company was awarded the Excellence Ted AAA credit enterprise certificate.