Linglong: Serbia plant will be officially put into production soon

On November 2, Linglong held a performance presentation on the operation of the third quarter of 2022. Linglong chairman Wang Feng, board secretary Sun Songtao and heads of relevant departments attended the performance presentation and interacted with investors on Linglong’s business situation.

Tyrepress found that Linglong officially stated at the performance presentation that the Serbian factory will be officially put into production soon. On June 27, 2022, Linglong’s Serbia plant produced the first all-steel radial tyre. Since then, Linglong has not disclosed when the overseas factory will be put into formal production.

According to previous reports from Tyrepress, Linglong stated in September that (the Serbian factory) was “in the process of commissioning production and expediting formal production procedures”. In October, Linglong’s information to the outside world was that “the Serbian factory is in the stage of equipment debugging and plant finishing and has not yet officially put it into production”.

At the performance presentation on November 2, Linglong said that the Serbian plant would help Linglong deal with trade barriers and generate profits when it starts production. Linglong predicts that the Serbian all-steel radial tyres project, with an annual output of 1.2 million sets of tyres, will be fully operational by the first quarter of 2023. The semi-steel radial tyre project is expected to be trial-produced in the second quarter of 2023 and will have a production capacity of 6 million tyres by the end of 2023.