The Chinatex Rubber (Jintan) tire production base project was started in Jiangsu Jintan last week. Chen Qirong, Chairman and General Manager of Hangzhou Zhongce, and Party Secretary Wu Liming attended the launching ceremony.
The Chinatex Rubber (Jintan) tire production base project was officially signed in 2011 with a total investment of 8 billion yuan, mainly producing radial tires . The company plans to use 6-8 years to build world-class tires with annual sales of over 20 billion yuan. Production base.
In the past year, the project completed a 500-acre land certificate, filled 1.5 million cubic meters of land, and completed environmental assessment procedures. In the first phase, the company will invest 2.4 billion yuan to build a 218,000-square-meter plant to form an annual capacity of 10 million high-performance half-steel cars and light-load radial tires. It is expected to be completed by the end of 2013. After the first phase of production, it is expected that annual sales income of more than 4 billion yuan will be realized.
Hangzhou Zhongce Rubber Co., Ltd. is currently the largest tire manufacturer in China. It ranked 175th in China's manufacturing industry and 11th in the world's tire industry last year. The "Chaoyang" brand all-steel radial tires produced by the company are "China Top Brand Products" and "China Famous Brand".
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