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Tianji Tire to go public via Embrace Change merger

Author: Stephen Goodchild Comments: 0
Founded in 2020, Tianji Tire has capacities to produce 1.2 million TBR & 10 million PCR tyres (Photo: Tianji Tire)

On 26 January 2025, publicly traded special purpose acquisition company Embrace Change Acquisition Corp entered into a definitive merger agreement with tyre maker Tianji Tire Global (Cayman) Limited. This purpose of this merger is to provide Tanji Tire a streamlined pathway to enter public markets without a traditional IPO.

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