Zhengxin Tire will produce 10 million radial tires annually

In mid-March 2010, the Signing Ceremony of Zhengxin Tire (Taiwan) Group's 10 million/year longevity tyre production project longevity production base was held in Chongqing Jinyuan Hotel. Tong Xiaoping, deputy mayor of Chongqing, Tao Changhai, deputy secretary-general of the municipal government, district leaders Han Shuming, Di Wenmin, You Zhiming and Xiao Qinghua, and Luo Cairen, deputy chairman of Zhengxin Tire (Taiwan) Group attended the signing ceremony.

Zhengxin Tire (Taiwan) Group is a multinational corporation with separate logistics companies, warehousing services, motorcycles, electric vehicle companies, tire companies, import and export companies, etc. in Taiwan, the mainland, the United States, Canada, Thailand, Vietnam and other countries. With 12 factories in the region, the company is the largest rubber tire manufacturer in China. It ranks among the top 10 in the world, and has close cooperation relationships with many domestic automobile industry leaders.

It is reported that Zhengxin Tire is the fourth Taiwan-funded enterprise currently introduced by Changshou, and is the second largest investment project introduced by Yanjia Park after Xinzhong Steel, with a total investment of US$1 billion, and an annual output of 8 million semi-steels after completion. Radial tires, 2 million all-steel tires, annual output value of 9 billion yuan.

Zhengxin Tire has manufacturing facilities in Kunshan, Xiamen and Tianjin. It is reported that Zhengxin Tire Group's 10 million/year radial tire project longevity production base will employ 7,000 people. It is expected to start construction in June 2010 and put into production in June 2011. It will create a new speed for new tires in Changshou.

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