Recently, Wuchan Zhongda Chemical Group and Hainan Rubber Group signed a strategic cooperation agreement in Haikou. Wuchan Chemical expressed the hope that both parties will deepen development in "upstream and downstream" and "going global".

In the first two weeks of 2025, China's tire operating rate once again hit the boundary, and the operating rate of semi-steel tires close to 80% hit a five-year high.

As a long-term strategic partner of Geely Auto, Linglong Tire keeps pace with Geely's development. By continuously improving R&D capabilities, optimizing manufacturing standards

With the saturation of the Chinese tire market, the domestic market alone can no longer meet the needs of tire companies for development.

According to Hankook Tire's latest tire production capacity layout, by 2026, Hankook's production in the United States will double, reaching three times the average production of American tire factories.

On January 10, 2025, Qingdao Sentury Tire Co., Ltd. issued a notice on the adjustment of domestic market prices. According to the data, due to the sharp rise in raw material prices, the manufacturing cost of the company's tire products has increased significantly.

It is not only the first overseas project of Wanli Tire, but also a key step for Guangzhou Industrial Control Group to accelerate the globalization strategy and actively participate in the high-quality construction of the "Belt and Road".

From 2023 to 2024, Chinese tires took advantage of the global high demand to expand their production capacity crazily. In two years, more than 30 tire companies built 35 factories around the world, adding 337 million tire production capacity.

Original tires are tires that are directly supplied to automobile manufacturers after strict testing according to the model requirements of automobile manufacturers. They are original tires.

The most important thing in the tire business is the two words "buy" and "sell". As a commodity, the circulation of tires is crucial.

In the tire industry, the current situation of some domestic tire companies is often summarized by a slightly teasing but thought-provoking sentence: "First-rate equipment, second-rate market, third-rate products, fourth-rate brands, and fifth-rate prices."

The specialty tire market is very bad in 2024. Even the leading tire companies with great advantages in this market segment have given a "pessimistic" report, and even said that their sales of specialty tires in 2024 will be lower than expected.

On January 8, 2025, Continental, a world-leading tire manufacturer, and Kase, an automotive aftermarket industrial Internet company, held a signing ceremony for in-depth strategic cooperation in Shenzhen under the theme of "Riding Thousands of Miles and Linking the Future"

In December 2024, S&P Dow Jones Indices, a subsidiary of S&P Global, announced the scores of the 2024 S&P Corporate Sustainability Assessment. After reviewing economic, environmental and social standards

In 2024, mainland China manufactured more than 1 billion tires; in the first 11 months of 2024, mainland China exported 620 million tires. More than 60% of tires manufactured by Chinese factories are exported.