July 23,2024
On July 19, the General Administration of Customs released the rubber tire export data for June 2024. In June, the country exported 880,000 tons of rubber tires, an increase of 8.6% year-on-year. The cumulative exports from January to June were 4.51 million tons, an increase of 5.3% year-on-year, maintaining a good development trend overall.
July 19,2024
On July 18, according to the latest data released by the National Bureau of Statistics, China's rubber tire casing production in June 2024 was 93.4 million, an increase of 8.8% year-on-year. From January to June, the output of rubber tire casings increased by 10.5% year-on-year to 525.92 million.
July 16,2024
The tire industry has gone through a century of development, from solid tires to radial tires, and has entered a bottleneck period that is difficult to break through, and no major innovations have occurred since then. Many industry insiders believe that the next disruptive revolution in the tire market will be the change in product structure and materials - Airless tires replacing radial tires may be the trend of the future market.
July 12,2024
Recently, Linglong Tire and General Science respectively issued announcements of expected increase in 2024 semi-annual performance. The profitability of the two companies has once again soared on the basis of last year's substantial growth.
July 09,2024
In the first half of 2024, several large tire projects started construction, attracting a lot of attention. Some of these projects are exciting, some are mysterious, and some are controversial.
July 05,2024
According to relevant data, in June 2024, China's heavy-duty truck market sold about 74,000 vehicles (invoicing basis, including exports and new energy vehicles), a month-on-month decrease of 5% and a year-on-year decrease of 14%.
July 02,2024
On June 28, the commissioning ceremony for the domestic semi-steel tire technical transformation project of General Science and the Thailand Phase II project was held on the same day. General Manager Cheng Jinyuan and General Manager of overseas company Gu Yahong unveiled the products in Wuxi, China and Rayong, Thailand respectively. This important moment marks the accelerated release of GS's high-performance, green semi-steel tire high-quality production capacity, and achieves a new leap in high-quality development.
June 28,2024
In 2024, while the overall development of the tire industry in Shandong Province has slowed down, the tire industry in Jiangsu Province has ushered in an explosion in production capacity. According to incomplete statistics, seven major tire projects will be put into production or planned to be built in 2024 alone, with a total investment of nearly 20 billion yuan. We have sorted out the specific progress of the project and found that Jiangsu is becoming a hot spot for domestic tire investment.
June 25,2024
According to data released by the General Administration of Customs, in May 2024, China's new pneumatic rubber tire exports were 750,000 tons, 56.38 million units, and 13.04854 billion yuan, the monthly growth rates were 0.5%, 4.8% and 2.1% respectively compared with the same period last year. From January to May 2024, China's cumulative exports of new pneumatic rubber tires reached 3.5 million tons, 265.93 million tires and 61.72911 billion yuan, an increase of 4.3%, 9.5% and 6.0% respectively compared with the same period last year.
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