February 27,2024
In the past two years, domestic tires have set off an investment boom in China. Domestically, many tens of billions of large-scale projects are planned to be implemented. While domestic brands are making rapid progress, what measures are foreign brands taking in mainland China? In fact, although the sales and production capacity of foreign-owned truck and bus tires are indeed declining in China, passenger tires are not showing signs of timidity. In the past year, many foreign brands have announced plans to build factories and expand in mainland China.
February 20,2024
On February 17, the spirit of the New Year has not yet dissipated. General Science (601500.SH) domestic and overseas production bases are busy. All positions have already been put into intense production and are working hard to catch up on orders, striving for a "good start" in the first quarter of 2024.
February 06,2024
At 12:58 on January 31, 2024, the first 57-inch giant OTR tire independently developed by Linglong Tire rolled off the production line in 46/90R57 specification. The tire diameter of this specification can reach 3.6 meters, and the weight of a single tire is 3.6 tons. Suitable for rigid dump trucks with a load capacity of 220 tons.
February 02,2024
From January 23rd to 25th, the 2024 Aeolus Tire Overseas Dealers Conference was successfully held in Indonesia. Nearly 300 Aeolus truck, bus and construction machinery tire dealer representatives from more than 70 countries attended the meeting.
January 31,2024
Japan's Bridgestone Tire is about to disclose an investment plan. The company expects to invest 800 billion yen in the next three years.
January 26,2024
On January 18, the General Administration of Customs disclosed China's tire export data for December 2023 and the whole year of 2023. In 2023, China's tire export volume and export value maintained double-digit growth.
January 23,2024
Recently, the National Bureau of Statistics announced the tire industry output in 2023. It can be said that in 2023, the tire industry has shown strong resilience and vitality, especially export support, which has led to strong expectations for 2024.
January 19,2024
2023 is an unforgettable year, 3 years epidemic dissipated, prevention and control of smooth transition, rubber industry to seize the opportunity of the continued launch of national policies, economic stabilization and improvement, showing a strong development resilience, in the post-epidemic era delivered a satisfactory answer sheet. Leveraging on the strong momentum of new energy vehicles, Chinese tire brands have emerged from the siege, reversing the situation where passenger cars are dominated by foreign brands. The process of internationalization was accelerated, overseas projects continued to increase, product production and sales were booming, and it became a strong engine for the parent company's performance growth.
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