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About Xuda Wang

An inclusive idealist. I am a Masters graduate from the University of Westminster. I’ve read over 1000 books, traveled to every province in China as a backpacker, and volunteered with several NGOs in Southeast Asia. I have many years of working experience as a journalist in the auto industry.

Entries by Xuda Wang

Sailun overtakes Linglong into pole position in China: Analysing the 2022 annual reports of listed Chinese tyremakers

Recently, Chinese listed companies have released their 2022 annual reports. Tyrepress China conducted a statistical analysis of the annual report data of 10 tyre companies. Among the companies included in the analysis list, Sailun, Linglong, Triangle, Huayi (the parent company of Double Coin), Aeolus, and Jiangsu General are listed on the Shanghai Stock Exchange. Guizhou Tyre, Doublestar, and Sentury are listed companies on the Shenzhen Stock Exchange. The data of Prinx Chengshan comes from the Hong Kong Stock Exchange.

Related news:

  1. Advanced ID to Supply 2 million RFID Chips to Mesnac in China
  2. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  3. Rebuilding Sailun: Multi-billion dollar plans for new tyre and materials factories analysed
  4. Shen Jinrong: The competitive advantage of Chinese tyres may be disappearing
30th June 2023 by

Michelin Shenyang plant increases production of silent tyres

Michelin’s Shenyang factory recently stated that it would change the post-processing project. Tyrepress China found that after adjusting the product structure, the tyre manufacturing base significantly increased the production of silent tyres and reduced the production of self-sealing tyres.

Related news:

  1. Twice as much in half the time – Giti’s plan to penetrate European tyre market in five years
  2. Malaysia: Car tyre sales worth US$78 Million in Q4 2010
  3. Triangle returns to China car tyre top 10, Michelin retains top spot
  4. Michelin China opens new Shanghai HQ
29th June 2023 by

Double Coin expands Jiangsu OTR tyre plant

The Double Coin Jiangsu factory recently applied to the local environmental protection department to expand its OTR tyre production capacity. The Jiangsu factory is a joint venture established in January 2024. The company can produce 2.9 million all-steel radial (truck) tyres and 74,000 OTR tyres annually.

Related news:

  1. Linglong adds Hubtrac OTR tyre range within ongoing strategic development plans
  2. Conti opens training centre in Hefei, China
  3. Linglong lays foundation stone for fourth Chinese tyre factory
  4. Xingda investing £200 million expanding Thailand tyre cord factory
29th June 2023 by

Continued growth for China tyre exports in May

China’s tyre exports continued to grow in May 2023. During the month, the country’s manufacturers exported 53.82 million new pneumatic rubber tyres, 10.3 per cent more than in May 2022. The value of these tyres rose 16.6 per cent year-on-year, to approximately RMB 12.8 billion (£1.4 billion).

Related news:

  1. China’s tyre export growth slowed in August
  2. Triangle ‘goes global’ at Weihai summit
  3. China’s tyre exports volume fell for three consecutive months
  4. Prinx Chengshan suspends Anhui project, looks to Europe
21st June 2023 by
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Lo Tsai-Jen becomes Cheng Shin Rubber vice chairman

Taiwanese tyre manufacturer Cheng Shin Rubber has re-elected its board of directors. Chen Yun-Hwa continues as chairman of the tyre maker and Lo Tsai-Jen succedes Chen Shiu-Hsiung as vice chairman. Other members of the board of directors include Chen Shiu-Hsiung, Tseng Sung-Chu, Lee Chin-Chang, Lo Yuan-Long, Chen Han-Chi and Wu Hsuan-Miao. In addition, Lo Tsai-Jen’s son Lo Yuan-Long succeeded Huang Chung-Jen as the new director. Tseng, Sung-Ling’s directorship was replaced by his cousin Tseng Sung-Chu.

Related news:

  1. Lin Junying becomes general manager of Nankang Rubber Tire
  2. Nokian Tyres appoints Hille Korhonen as president and CEO
  3. Cooper Tire names new North American president
  4. Yokohama promotes senior technical executive
19th June 2023 by

Sentury gives Spain, Morocco and Thailand tyre factory updates

At the end of May, Sentury published details relating to the development of its overseas factories. The tyremaker said data for April and May 2023 showed that its production capacity was temporarily unable to meet orders. Therefore, the company believes there is an urgent need to increase production capacity in order to meet customer demand. According to Sentury’s statement, the overseas tyre traders and retailers they cooperate with include Discount Tire, OAK Tyres, Inter-Sprint, American Omni and Turbo Wholesale.

Related news:

  1. Sentury self-financing Spanish tyre factory shortfall
  2. Sentury CEO and ‘number two’ running Spain factory project
  3. Sentury’s Morocco tyre plant gains overseas investment approval
  4. Sentury Tire Spain factory still set to start construction in 2023
16th June 2023 by
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Sailun appoints two vice presidents

Recently, two vice presidents of Sailun, Zhou Tianming and Zhu Xiaobing, resigned from their positions due to work adjustments. The two will continue to hold other jobs in Sailun. On 12 June, Sailun held a board meeting and appointed Zhang Xiaojun and Sun Guangqing as vice presidents.

Related news:

  1. Liu Yanhua named chairwoman of Sailun
  2. European FinTyre appoints Massimiliano Messina as CFO
  3. Apollo Tyres creates Chief Digital Officer role
  4. Tony Lee joins Kumho as senior vice-president of global marketing
14th June 2023 by

Sentury supplied tyres to Nokian in the first quarter

On 13 June, Qingdao-based tyre manufacturer Sentury announced that it had supplied products to Nokian Tyres in the first quarter of 2023. Writing in a stock exchange filing, Sentury representatives specified that the company has delivered Nokian-branded winter tyres. Sentury said that “the supply will continue in the second quarter” and the current cooperation with Nokian is “good”.

Related news:

  1. Manufacturing Agreements Signed Between Nokian And Michelin
  2. Sentury internationalising with US tyre factory investment
  3. Nokian’s US staff travelling to Europe for training
  4. Nokian re-opens Russia factory
14th June 2023 by

Michelin expands car tyre production capacity at its Shenyang plant

Michelins plans to invest 200 million yuan (including 7.515 million yuan in environmental protection investment) to expand car tyre production capacity at its Shenyang, China factory by 1.3 million tyres. Tyrepress China learned that this project would expand the production capacity of passenger car tyres on the dismantled truck and bus tyre production line. In other words, the expansion plans won’t add workshop area. Rather, new production equipment will be installed in the original workshop to realise the increase.

Related news:

  1. Serbia open for business
  2. Shareholders approve US$1 billion Linglong Tongchuan factory investment
  3. Jinyu: Further international tyre factories on the agenda
  4. ZC Rubber plans to add 2.5 million tyres production capacity
14th June 2023 by

Auto and tyre cross-border forum focuses on future development

On June 9, the 2023 Auto-Tyre Cross-border Development Summit Forum was held in Beijing. The theme of this forum is “Looking forward, responding to changes”. Representatives attending the meeting came from automobile manufacturers such as Chery, Great Wall Motor (GWM) and BAIC and tyre manufacturers such as Michelin, Maxxis, Triangle and Giti.

Related news:

  1. Giti enters the top 10 of leading tyre manufacturers
  2. Chinese tyre makers off-shoring in Southeast Asia
  3. Triangle returns to China car tyre top 10, Michelin retains top spot
  4. Twice as much in half the time – Giti’s plan to penetrate European tyre market in five years
13th June 2023 by
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Doublestar and Kumho’s horizontal competition resolution postponed

Recently, the tyre manufacturer Qingdao Doublestar received the “Commitment on Delaying the Resolution of Horizontal Competition” from the controlling shareholder Doublestar Group. Doublestar Group stated that “it is not yet ripe for solving horizontal competition through asset injection, which is not conducive to the rights and interests of Qingdao Doublestar, and there is great uncertainty”. It is reported that Doublestar Group has decided to extend the fulfilment period of the original commitment for three years to July 5, 2026. Tyrepress China learned that the Doublestar Group also mentioned that it is “looking for other solutions that are more conducive to solving horizontal competition and can promote the development of Qingdao Doublestar”.

Related news:

  1. Doublestar the only bidder left to buy Kumho
  2. Acquisition ugliness: Kumho Tire execs threaten mass resignation
  3. Why Doublestar’s Kumho purchase is a good idea
  4. Doublestar shifts focus to overseas markets
12th June 2023 by

Hwa Fong Rubber sells Changshu facilities

Taiwanese tyre manufacturer Hwa Fong Rubber has sold the land and facilities of its subsidiary Hwa Fong Rubber (Suzhou), located in Changshu City, Jiangsu Province, China, to Changshu Economic Development Zone Construction Development Co., Ltd. for 276 million yuan, reports Tyrepress China. The company said the deal could help it save management costs, revitalise assets and enrich working capital. The total size of the land sold is 184,222 square meters, while the facilities cover 110,786.45 square meters. Hwa Fong Rubber will carry out relocation work in the future.

Related news:

  1. Open for business: T&A tours Triangle HQ and manufacturing base
  2. Triangle: no Russian tyre plant…for now
  3. Linglong considering European factory
  4. Sailun Dongjiakou factory construction underway
12th June 2023 by

Huasheng Rubber’s “Huasheng Dream”

In 1983, Zhang Shulin, Huasheng Rubber’s founder, began producing agricultural machinery springs, sealing rings and motorcycle rubber pedals in his six bungalows. 40 years later, this family workshop evolved into a large tyre company with five factories and over 7,000 employees. In the list of the top 100 companies released by the China Rubber Industry Association in 2023, Huasheng Rubber ranked 16th among tyre manufacturers with a revenue of 5.17 billion yuan (international brands, including Michelin, in this ranking, only count China company performance). We were curious about how this company survived the highly competitive Chinese tyre industry and realised the “Huasheng Dream” step by step. With this question in mind, Tyrepress China interviewed Zhang Jing, deputy general manager of Huasheng Rubber, during the 2023 Guangrao Tyre exhibition.

Related news:

  1. Hankook iON: the new global tyre family for EVs
  2. Bridgestone supplies ‘hyper-efficient tyre’ for Mercedes-Benz Vision EQXX
  3. Top 10 Chinese tyre industry events in 2022
  4. Huasheng Rubber releases electric vehicle tyres
8th June 2023 by
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From Guangrao to the World: what’s new at the Guangrao tyre exhibition

The 2023 Guangrao tyre exhibition came to an end on May 17, bringing to an end its first live show – held “offline” – since 2019. Tyrepress attended the three-day 2023 exhibition, and noted similarities with the past but also some changes in exhibitors and visitors to the show. This article was originally posted in Chinese on our sister website, Tyrepress China. A few years ago, the tyre industry in Guangrao underwent integration and reorganisation due to many factors. After undergoing multiple rounds of reshuffling, the local tyre industry has achieved industrial upgrading. At the 2023 Guangrao tyre exhibition, Huasheng, Zhongyi, Jinyu, Hengfeng, Fangxing, Yongsheng and other well-known local tyre companies have booths.

Related news:

  1. Maxam moves operational team to Sailun Europe’s UK office, plans expansion
  2. Huasheng Rubber releases electric vehicle tyres
  3. CITExpo 2018: still room for small-medium Chinese players, though times are tough
  4. Up to 49” – Sailun upgrading OTR tyre production
5th June 2023 by

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