Nine tyre brands shortlisted in the top 500 Chinese brands

Recently, the World Brand Summit 2023 was held in Beijing. Tyrepress China learned that nine tyre manufacturing companies had been listed in “China’s 500 Most Valuable Brands”.

The brand value of Doublestar is 86.872 billion yuan, ranking 93rd, which ranks first among Chinese tyre brands. Compared with 2022, the brand value of Doublestar this year has increased by more than 10 billion yuan, and the ranking has improved by two places.

Other shortlisted tyre brands include Linglong, Sailun, Chaoyang (belonging to ZC Rubber), Double Coin (belonging to Huayi Group), Advance (belonging to Guizhou Tyre), Celimo (belonging to Jiangsu General), Cheng Shin and Techking.

Compared with the data in 2022, the rankings of Double Star, Linglong, Sailun, Chaoyang, Advance, and Celimo have improved. Double Coin, Cheng Shin, and Techking are among the newly-listed tyre manufacturers. Meanwhile, Chengshan and Wanli, which entered the top 500 brands in 2022, failed to join the list in 2023.

Among the nine tyre manufacturers on the 2023 list, Chaoyang and Techking are preparing to go public, and Cheng Shin is a Taiwanese manufacturer. The other six companies are all listed in mainland China.