China Yantai Friction Co., Ltd.

China Yantai Friction Co. Ltd. ("Yantai Friction") is a wholly owned subsidiary company of China City Construction Holding Group Company ("CCCC"). It is incorporated in December ***9 in the beautiful coastal city of Penglai, Shandong Province. The company plant occupies over **0, **0 sqm in Penglai city. Its initial capital injection from its parent company exceeded RMB **0 million and the company currently employs over **0 highly trained and qualified professionals. The company has a combined focus on Production, Research & Development and Product Distribution, capable of producing a wide range of frictional products for passenger cars, CV trucks, trains and industrial machineries both in original equipment and after market manufacturing whereby *0% of our products are distributed to the international market, particularly in the USA and the EU market, and *0% of our products are distributed to the high-end local market. We are proud of our product and always believe in our quality philosophy - "world class products - made in China". With heavy focus on R&D, CYFC aims to build one of worlds most advanced R&D centre in the coming years to serve the growing needs of the international market. At Yantai Friction, we put Safety, Quality and Services as our number one priority. We have exceptionally experienced management team that understands the market, heavy focus and adequate funding in R&D and the most advanced production lines, Yantai Friction will strike to become one of the world leading manufacturers of frictional products.