April 29,2025
On the evening of April 17, Aeolus Tyre Co., Ltd. announced its 2024 annual report. In 2024, the company achieved total operating revenue of 6.708 billion yuan, a year-on-year increase of 16.89%; net profit attributable to shareholders of the parent company was 281 million yuan, a year-on-year decrease of 19.47%; non-net profit was 236 million yuan, a year-on-year decrease of 28.55%.
April 27,2025
On April 15, Jinyu Tire held a "full-line completion ceremony for the annual production of 10 million high-performance semi-steel radial tires project." in Tay Ninh Province, Vietnam. Senior leaders of Jinyu Tire, representatives of the local government of Vietnam, representatives of Phuoc Dong Industrial Park, global partners and employee representatives witnessed this important moment together.
April 18,2025
Recently, the new Pirelli P Zero took the lead in the ultra-high performance tire (UHP) comparison test organized by the well-known tire evaluation platform "Tyre Reviews". This means that the product achieved excellent results in important tests within days of its official release, once again demonstrating the product's new performance and safety features as announced at the launch conference.
April 15,2025
On April 7, Pirelli celebrated the 20th anniversary of its industrial layout in Shandong Province, China. After 20 years of development, the group currently has 3 factories in Shandong Province and employs more than 5,000 people.
April 11,2025
In the face of the turbulent global trade situation and market changes, tire giants are stepping up their efforts to adjust their development strategies and actively changing the layout of their plant production capacity. Especially, the tire industry in the United States has become the focus of these giants.
April 08,2025
Continental AG recently announced plans to exit the agricultural tire business by the end of the year and refocus its OTR business on material handling, earthwork, and port operations.
April 01,2025
According to media reports, a new company led by former executives from Nokian Tyres and Cooper Tire plans to build a tire factory near Tulsa, Oklahoma, specifically for producing tier-three private label tires for the North American market.
March 28,2025
Hankook Tire recently made important progress in the capital market and successfully issued corporate bonds totaling 460 billion won. This move aims to optimize the financial structure and provide strong financial support for the company's global expansion and raw material procurement.
March 25,2025
On March 18, Himile Mechanical Science and Technology (Shandong) Co.,Ltd. released its 2024 financial report.
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