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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

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Huasheng Rubber releases electric vehicle tyres

At the 2023 Guangrao tyre exhibition, Huasheng Rubber held a press conference and released a variety of electric vehicle tyres. Tyrepress China learned at the press conference that the new electric vehicle tyres released by the tyre manufacturer cover PCR and TBR. Passenger car tyres include three products: ultra-quiet series, self-repairing series and colourful customised series. The ultra-quiet series products use new polyurethane foam mute cotton material with an excellent silent effect. Compared with ordinary products on the market, the noise of this product is reduced by 6-10 decibels. Self-repairing series products can maintain stable performance between minus 35 and 120 degrees Celsius. Colourful customised series tyres are designed to meet the market’s demand for trends.

Related news:

  1. CITExpo 2018: still room for small-medium Chinese players, though times are tough
  2. ‘Born for the electric age’ – Prinx debuts latest products
  3. Sentury launches Qirin EV
  4. China: Hankook supplying tyres to various EV models
5th June 2023 by

From Guangrao to the world

On May 17, 2023, the three-day 13th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition (ChinaGRTAE 2023) ended, with Chinese language Tyrepress sister site, Tyrepress China in attendance. An organiser press conference on the last day of the show claimed that ChinaGRTAE 2023 had “achieved outstanding results”. According to preliminary statistics, more than 830 trade intentions, agreements, and contracts were reached on May 15th and 16th, exceeding 21.9 billion yuan. One special event hosted by the exhibition achieved more than 330 “one-to-one” negotiations, reaching an intention amount of 2.3 billion yuan.

Related news:

  1. E-commerce on show at Guangrao tyre exhibition
  2. Davanti progressing with Protoura, planning all-season segment entry
  3. CITEXPO postponed until 2022
  4. The top 10 listed Chinese tyre companies 2022
31st May 2023 by
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Prinx Chengshan outlines emission reduction goals

The tyre industry has long been considered a high-energy consumption industry, and manufacturers based in China have therefore been profoundly impacted by their government’s carbon neutrality and carbon peaking policies. Prinx Chengshan comments that Shandong Province, where its factory in China is located, frequently issues guidance to aid qualitative development within the tyre industry.

Related news:

  1. Prinx Chengshan: Profit down 24.7% despite higher revenue in 2021
  2. Prinx Chengshan: Increased sales, lower profit in H1 2022
  3. Prinx Chengshan appoints new CFO
  4. Prinx Chengshan appoints marketing & communications manager for Europe
25th May 2023 by
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Airless two-wheel tyremaker Risingsun lists on stock market

On May 16, Risingsun, a Chinese manufacturer of air-free tyres, was listed on the National Equities Exchange and Quotations (NEEQ). The move means the company’s shares can be publicly traded.

Related news:

  1. Goodyear investing 16.5 million euros in Montluçon motorcycle tyre production, ends light-truck tyre making
  2. Is Avon now a motorcycle tyre brand?
  3. ZC Rubber’s Anji factory starts making tyres
  4. Seyoun Tire’s 3.2 million tyre factory project gets underway
23rd May 2023 by
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Shandong-EU tyre exports maintain high growth rate

Tyrepress China learned that China’s Shandong Province exported 75.419 million new pneumatic rubber tyres in the first quarter, an increase of 11.1% over the same period last year. The total export value was 19.45 billion yuan, a year-on-year increase of 17.6%; the average export price was 257.9 yuan per tyre, a rise of 5.8%.

Related news:

  1. Sentury will significantly increase production capacity in 2023
  2. US Imposes 35% Tyre Tariff, China Plays Chicken
  3. Deruibotire Targets 24 Million Tyres Produced in 2011
  4. Decade of Action gets underway – Michelin signs on
22nd May 2023 by

Jiangsu General’s Cambodia tyre plant officially starts production

On 22 May, General Tires Technology (Cambodia) held its opening ceremony, which means Jiangsu General’s second overseas production base has officially begun operation. Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia Wang Wentian attended the ceremony and cut the ribbon for the Jiangsu General Cambodia factory.

Related news:

  1. Jiangsu General investing US$300 million in Thailand tyre plant
  2. First tyre rolls off Jiangsu General Cambodian factory production line
  3. Jiangsu General to build joint-venture tyre factory in Baotou, Inner Mongolia
  4. Linglong completes technical assistance to Uzbek tyre plant project
22nd May 2023 by
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Linglong EV OE reaches more than 6 million in 2022

In 2022, Linglong Tire’s revenue was 17 billion yuan (approximately £1.94 billion; €2.24 billion). Within that, Linglong achieved a revenue of 16.73 billion yuan (about £1.91 billion; €2.2 billion) specifically from tyres. Linglong balanced its domestic and overseas businesses but the revenue brought in by domestic trade was slightly higher. The company’s tyre sales in China reached 8.55 billion yuan, and its export and overseas sales reached 8.18 billion yuan.

Related news:

  1. Top 10 Chinese tyre industry events in 2022
  2. Safe-Run equipping Linglong’s Serbia tyre plant
  3. Linglong Tire achieves all-time record share price
  4. Doublestar suffers huge losses
11th May 2023 by

Guangrao tyre show combines offline and online formats with Russia, Africa and Middle East focus

The 13th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition (ChinaGRTAE 2023), will be officially unveiled in a few days. On 8 May, a week before the start of the exhibition, the government of Dongying, the city to which Guangrao County belongs, held a press conference on the overall situation relating to the exhibition. At the time, the organisers said that between 15-17 May at least 20,000 professional visitors will participate in the exhibition, and more than 800 foreign businessmen would visit. Tyrepress has China learned that the theme of this exhibition is “Gathering the power of the industrial chain; Building a new development pattern”. In terms of format, ChinaGRTAE 2023 will be mainly offline and supplemented by online.

Related news:

  1. Reifen China still a ‘popular ordering and information platform’
  2. Bringing the World to China
  3. Automechanika Shanghai Attracts Record Number of Exhibitors
  4. Pirelli – 20% More Capacity by end of 2011
11th May 2023 by
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Jiangsu General to build joint-venture tyre factory in Baotou, Inner Mongolia

On 5 May, Jiangsu General announced plans to build a tyre plant in Baotou City, Inner Mongolia, China. The total investment is about 1.51 billion yuan (about £170 million; €200 million). After completion, it will produce 1.2 million all-steel radial truck tyres and 100,000 OTR tyres per year. Jiangsu General says it is “the first modern tyre factory in Baotou City”.

Related news:

  1. Jiangsu General investing US$300 million in Thailand tyre plant
  2. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
  3. Seyoun Tire’s 3.2 million tyre factory project gets underway
  4. China’s GS Tire raises Cambodia investment to $300 million
10th May 2023 by

E-commerce on show at Guangrao tyre exhibition

On 15 May, the 13th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition (ChinaGRTAE 2023) opens. Since it was first held in 2010, the Guangrao Tire Exhibition has held ten offline and two online exhibitions. The ChinaGRTAE 2023 is this large tyre exhibition’s first physical event since 2019.

Related news:

  1. From Guangrao to the world
  2. CITExpo 2019 awaits. Are you ready?
  3. Davanti progressing with Protoura, planning all-season segment entry
  4. CITEXPO postponed until 2022
4th May 2023 by

Sailun’s revenue exceeds 20 billion yuan, ranked #1 Chinese listed tyre firm

In 2022, Sailun’s revenue was 21.9 billion yuan (approximately £2.55 billion; €2.89 billion), a year-on-year increase of 21.69 per cent. Sailun became the first listed Chinese tyre company with revenue exceeding 20 billion yuan. At the same time, the company’s revenue in 2022 surpassed Linglong, becoming the number one listed tyre company in China. During the reporting period, Sailun produced 43.2078 million tyres, sold 43.903 million tyres, and realized a net profit of 1.33 billion yuan (about £150 million; €180 million).

Related news:

  1. The top 10 listed Chinese tyre companies 2022
  2. Sailun investing in 8th tyre factory
  3. Rebuilding Sailun: Multi-billion dollar plans for new tyre and materials factories analysed
  4. Chinese listed tyre companies release third-quarter results
3rd May 2023 by

2023 Guangrao Tire Exhibition showcasing Chinese and international tyre manufacturing

From 15-17 May 2023, the 13th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition (ChinaGRTAE 2023) will be held in Guangrao County, Shandong Province, China. According to the show’s organiser, more than 50 tyre manufacturers are participating in the ChinaGRTAE 2023. In addition to local tyre manufacturers, well-known tyre manufacturers such as Goodyear, Continental, Dunlop, CST (Cheng Shin Tire), Giti, Sailun, Nexen, and Kenda, will also set up booths at this exhibition. Upstream and downstream enterprises in the tyre manufacturing industry chain, such as Solprima, Xingda Steel Cord, MAK, Jinfei Kaida wheel, and Yueling wheel hub, will also participate in this exhibition.

Related news:

  1. Reifen China 2016 ready for 1 December opening
  2. No CITExpo show in 2020
  3. Shanghai Baolong Offers Non-Lead Wheel Balancing Weights
  4. South African Anti-Dumping Decision "Means Level Playing Field"
26th April 2023 by

Chinese tyre export value increases for three consecutive years

In March 2023, China exported 52.98 million new pneumatic rubber tyres, a year-on-year increase of 12.3 per cent. After experiencing a downturn in January, China’s tyre exports substantially grew in the last two months of the first quarter. Due to the sluggish performance in January, the export volume of Chinese tyres from January to March was 139 million, an increase of only 1.3 per cent compared with the same period in 2022.

Related news:

  1. Sameer exploring share sale, tyre export options
  2. Shandong, China tyre production picks up
  3. Customs fines Hankook Jiangsu factory again
  4. Sentury will significantly increase production capacity in 2023
20th April 2023 by
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Revenue of Double Coin parent (Huayi) exceeded 10 billion yuan in 2022

Recently, Shanghai Huayi, the parent company of Double Coin, announced its operating data for 2022. In 2022, the revenue of Huayi’s tyre segment reached 10.02 billion yuan (approximately £1.175 billion; €1.338 billion), a year-on-year increase of 6.62 per cent. Regarding net profit, Huayi relies heavily on Huayi Group (Hong Kong), which is responsible for overseas business (especially the business of factories in Thailand). During the reporting period, Huayi Group (Hong Kong) achieved a net profit of 172 million yuan (about £20 million; €23 million). The Double Coin Tire Group, responsible for Huayi’s domestic tyre business in China, lost 26.4318 million yuan (about £3.1 million; €3.53 million).

Related news:

  1. Huayi’s tyre turnover totalled 4.968 billion yuan
  2. Double Coin opens Canada distribution centre
  3. Jiangsu General investing US$300 million in Thailand tyre plant
  4. ZC Rubber expanding PCR capacity to meet growing domestic demand
17th April 2023 by

Five tyre factories on Chinese government green list

On 24 March, the Chinese Ministry of Industry and Information Technology revealed its 2022 Green Manufacturing List. Tyrepress China noted that the list of green factories includes five tyre manufacturers, namely Jinyu Tires, Triangle, Zodo Tire, Doublestar Dongfeng, and Sailun. Among them, Doublestar Dongfeng is the manufacturing base of Doublestar, located in Shiyan, Hubei.

Related news:

  1. China recycling plant and joint venture: Enviro signs MoUs with Vanlead Group
  2. Sustainability: ZC Rubber setting up tyre pyrolysis, recycling facilities
  3. China’s tyre recycling industry lags behind
  4. ZC subsidiary invests in waste tyre treatment project
6th April 2023 by

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