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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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Chinese listed tyre companies release third-quarter results

At the end of October, several listed companies, including Linglong, Triangle, Sailun, Aeolus, Jiangsu General, Guizhou Tyre (Advance), Doulestar and Sentury, released their operating results for the third quarter. In the third quarter, Linglong produced 17,015,900 tyres and sold 16,623,600 tyres, with a revenue of about 4.37 billion yuan (about 520 million pounds, 600 million euros) and a net profit of about 110 million yuan (about 13.1 million pounds, 15.22 million euros).

Related news:

  1. The top 10 listed Chinese tyre companies 2022
  2. Sailun rising: China’s listed tyre companies ranked in 2022 Q3
  3. Chinese tyre makers off-shoring in Southeast Asia
  4. Show review: Reifen China 2014
31st October 2022 by
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Four tyre companies release September results

Recently, four Taiwanese tyre manufacturers, Cheng Shin, Nankang, Federal and Kenda, successively announced their September results. In September, Cheng Shin’s operating revenue was approximately NT$8.875 billion (about 244 million pounds, 280 million euros), an increase of 13.03 per cent over the same period last year.

Related news:

  1. Taiwan-based tyre manufacturers raising prices
  2. Nankang Tyre took over “management rights” of Federal in Q4 2021
  3. Nankang and Federal’s cumulative operating revenue declined
  4. Kenda buys Starco
26th October 2022 by
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China’s tyre exports slowed further in September

On October 24, China Customs announced the export data. In September, China exported 41.37 million new pneumatic rubber tyres, down 19.4 per cent year-on-year. The total weight of these tyres was 580,000 tons, down 1.4 per cent. While the number and weight of tyre exports declined, the export value still increased significantly compared to last year’s period. In September, the export value of Chinese tyres reached 10.14 billion yuan (about 1.24 billion pounds, 1.41 billion euros), an increase of 9.6 per cent.

Related news:

  1. US Tariffs an Opportunity for Asian Manufacturers
  2. 3rd plenary points to a bigger and more valuable Chinese tyre parc
  3. Introducing Fangxing Rubber
  4. China’s tyre export growth slowed in August
26th October 2022 by

Sentury and former employee go to court

On September 22, the Qingdao court finally ruled on the “property damage compensation dispute” between Sentury Tire and one of its former employees, Wang. It is reported that the lawsuit had a first-instance judgment in 2021. Subsequently, Sentury filed an appeal. In addition to the “property damage compensation dispute”, the two sides also went to court on the “labour dispute” issue, which completed the first and second instance judgments in 2021.

Related news:

  1. Court calls in liquidator to deal with Dunlop India
  2. Sentury Tire looking to erect US plant at Tennessee ‘Megasite’
  3. Prison sentence for Apollo/Cooper insider trading
  4. Bridgestone wins another Chinese design rights case
26th October 2022 by
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Linglong signs building contract for Serbia tyre plant

Recently, Linglong Tire signed a cooperation agreement with CCCC First Highway Engineering Group. CCCC First Highway Engineering Group will lead the continuing construction of the Serbian project of Linglong International Europe into the plant’s next phase. The plant produced its first tyre, an Eplus-01 truck and bus radial tyre, on 27 June. It is reported that CCCC First Highway Engineering Group’s main task is to be responsible for the current and subsequent construction projects and to promote the construction progress of Linglong’s European project. The two parties did not disclose the specific cooperation details.

Related news:

  1. Linglong Tire confirms Serbia factory plans
  2. Linglong Tire to officially start Serbia plant project
  3. Linglong Tire begins Serbia factory project
  4. Linglong car tyre plant commissioned
26th October 2022 by

Qingdao has closed more than 30 tyre companies

The Qingdao Municipal Government of Shandong Province recently stated that it would build a rubber industry chain worth 100 billion yuan (RMB). According to reports, the city’s government departments will list rubber products and equipment as the focus of future industries and make every effort to promote these industries’ development.

Related news:

  1. Deruibao Tire enters ‘restructuring’ proceedings
  2. Shandong provincial government ‘eliminating’ outdated tyre production capacity
  3. Sailun Dongjiakou factory construction underway
  4. Doublestar constructing tyre recycling plant
19th October 2022 by

Land development plan for Federal plant approved

Recently, Taiwanese tyre manufacturer Federal disclosed to the public its recent operations, including land development plans associated with one of its factories. Federal has two factories in Taiwan, located in Chungli and Guanyin, with a total of 535 employees. The tyre maker said the Guanyin plant has an annual capacity of 3 million tyres; the Chungli plant has been suspended due to the implementation of anti-dumping duties by the United States.

Related news:

  1. Groundbreaking held for Federal Tyres’ newest factory
  2. Taiwan-based tyre manufacturers raising prices
  3. Fire stops production at Federal’s Chungli tyre plant
  4. Fire breaks out at Federal’s Taiwan tyre factory
17th October 2022 by

Aeolus makes first 63-inch giant OTR tyre

On 11 October, a 59/80R63 radial engineering tyre rolled off the production line at Aeolus’s Jiaozuo manufacturing base. This giant OTR tyre has a diameter of over four metres and a weight of nearly six tons. It is mainly used for giant mining weighing about 400 tons.

Related news:

  1. Aeolus becomes Prometeon Tyre Group
  2. Prometeon/Aeolus integration stalls
  3. Yokohama Prometeon bid nearing completion, Aeolus Tyres now involved
  4. Aeolus officially controls 100% of Prometeon Tyre Group
14th October 2022 by

£200m Xingda Thailand factory phase II confirmed

On October 3, the Thailand factory of Jiangsu Xingda Steel Tyre Cord Co and Rojana Industrial Park Public Co held a land signing ceremony. It is reported that after seven months of planning, site selection and communication, the steel tyre cord factory finally decided to place Phase II in the Bowin Industrial Park in Chonburi Province, managed by Rojana.

Related news:

  1. Firms from six countries represented in Pirelli’s 2017 supplier awards
  2. Phase 2 of Yokohama’s ‘Forever Forest’ Completed in Thailand
  3. Thailand woos global tyre manufacturers
  4. Xingda investing £200 million expanding Thailand tyre cord factory
12th October 2022 by

Guangrao government awards six tyre industry companies

On October 8, the Guangrao County Government announced a list of awards that included six tyre industry companies. The awards stem from the fact that this county’s tyre industry was set as one of the advanced cluster industries by Shandong Province in 2020. It is reported that some enterprises in Guangrao County engaged in tyre-related fields can obtain incentive funds.

Related news:

  1. Triangle ‘goes global’ at Weihai summit
  2. Guangrao Tire Exhibition (GRTAE) postponed
  3. Entire Qingdao population being tested after Covid cases
  4. Two batches of Shandong-produced tyres fail sampling inspection
12th October 2022 by

2022 Asian Tyre Brand rankings revealed

The World Brand Lab has released the list of Asia’s 500 most influential brands in 2022. Tyrepress analysis shows seven brands related to tyres among those ranked, namely: Bridgestone, Hankook, Kumho, Doublestar Linglong, Sailun, and Sumitomo. The Sumitomo brand involves diversified industries, but its subsidiary Sumitomo Rubber is a world-renowned tyre manufacturer.

Related news:

  1. Decennial shift in global PCLT tyre volume market share
  2. Giti enters the top 10 of leading tyre manufacturers
  3. Triangle returns to China car tyre top 10, Michelin retains top spot
  4. Shifts in leading tyre manufacturer rankings, 2015-2019
12th October 2022 by

Cheng Shin Factory punished for exhaust emissions

On 7 September, an administrative penalty decision issued by Xiamen’s environmental protection department showed that Cheng Shin Tire (Xiamen) Co., Ltd was fined 23,857 yuan for an exhaust gas problem.

Related news:

  1. Manufacturing Agreements Signed Between Nokian And Michelin
  2. Maxxis unveils $150m Shanghai proving ground
  3. Toyo investing 390 million euros in Serbia tyre factory
  4. Tatneft investing 217 million euros in Kazakhstan tyre factory
23rd September 2022 by

China’s tyre export growth slowed in August

On 18 September, China Customs announced national export data for August. During the month, China exported 48.23 million sets of new pneumatic rubber tyres, down 8.9 per cent year-on-year. The weight of these tyres was 650,000 tons, an increase of 2.7 per cent. The export value reached 11.4 billion yuan (about 1.4 billion pounds, 1.6 billion euros), an increase of 15.3 per cent.

Related news:

  1. Shandong, China tyre production picks up
  2. Profits fall at large Chinese tyremakers
  3. Sameer exploring share sale, tyre export options
  4. Even cheaper Chinese tyres?
21st September 2022 by

European Commission: No anti-dumping or anti-subsidy tariffs during re-investigation

Tyrepress has learned from the China Rubber Industry Association (CRIA) that on 14 September, CRIA and the European Commission investigators held an online hearing on the European Commission’s renewed anti-dumping and anti-subsidy investigations relating to the imports of Chinese-made truck tyres. China’s tyre industry applied for the hearing, and the participants from China came from CRIA, tyre manufacturers and law firms.

Related news:

  1. Russian Tyre Market Value Shrunk 40% in 2009
  2. CRIA: Chinese tyre market will be ‘tested’ in 2H 2011
  3. Chinese truck tyre tariffs annulled
  4. Chinese truck tyre tariffs to persist in UK?
21st September 2022 /1 Comment/by

Linglong Tire reveals details of Serbia and Aircraft tyre plant progress

Linglong Tire recently answered questions from investors via the interactive platform of the Shanghai Stock Exchange. The answers reveal details related to developments at the company’s Serbian factory and its Chinese aircraft tyre production plant.

Related news:

  1. Serbia open for business
  2. Linglong’s Serbia factory faces local environmental opposition
  3. Dunlop Aircraft Opens Chinese Retread Plant
  4. Dunlop Aircraft Tyres strengthens manufacturing, testing with ex-Yokohama equipment
20th September 2022 by

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