One of the Largest Tyre Manufacturer

 

Guizhou Tyre Co., Ltd is one of the largest tire manufacturers and has been in the tire industry since 1958 and was initially merged with the Shanghai Ta Chung Hua Rubber Factory in 1965. It also has the biggest OTR tires production line in China and most of the tires are exported from there. They have five brands that have an excellent global presence and reputation that are:

  1. Advance
  2. Tornado
  3. Samson
  4. Chinhoo
  5. Jingang

The Company manufactures tires in three categories PCR, TBR and OTR tires. In all the brands they have around 3,000 specifications and models. They have one of the best models in China. Advance is their first brand which they introduced and that brand is the most popular among all the brands they own.

The company ranks among the top 30 tire manufacturers globally and is in the 28th position currently and is expected to climb the ladder as it has invested a lot in its production lines to increase the annual production. They have total assets of around RMB 8.8 billion and net assets around RMB 3.4 billion. They have around 7,000 employees registered. Most of their revenue is spent on the technology as they understand expanding their technology will help them in the future and it is the right investment.

 

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