Double Coin partners Altra Tyres in Kazakhstan

On 27 October, Double Coin held a strategic cooperation signing ceremony with Altra Tyres, a tyre sales company in Central Asia. Tyrepress China learned that the two parties are strengthening cooperation in Kazakhstan, involving the sales of TBR, PCR and OTR tyres made by Double Coin in the region, as well as overseas warehouse projects.

Altra Tyres is involved in auto parts, logistics, rubber, agricultural products and automotive aftermarket services. Through the cooperation between the two parties, Double Coin will provide “a full range of high-quality tyre products and full life cycle management services” to customers in Central Asia.

Xu Xiaojing, assistant to the general manager of Double Coin, and Vlad, chairman of Altra Tyres, signed a strategic cooperation agreement. Zhang Wanyou, chairman of Double Coin, attended the ceremony. Double Coin called the signing “a major milestone in its entry into the Central Asian market”, allowing its products to “better enter the Central Asian market” and gain greater “market share and brand awareness” in the region.

In recent years, Double Coin has actively explored the Central Asian market and increased its local market share year by year. Zhang Wanyou said that as of October 2023, the transaction volume of Double Coin products in Russia, Belarus and Kazakhstan has exceeded 100 million yuan. He also noted that in 2024, Double Coin plans to maintain a growth pattern of more than 20 per cent in the region.