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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

Import duties: Thailand-produced car tyres may make US market gains

The United States Department of Commerce has released the results of its anti-dumping review of imported passenger car and light truck tyres (PCR) made in Thailand. The result of the re-examination investigation is consistent with the preliminary one and its good news for Thai tyre manufacturing plants. The release of the result also means PCR products produced in Thailand are expected to enter the United States market in large quantities soon.

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Related news:

  1. Sentury internationalising with US tyre factory investment
  2. Chinese tyre makers off-shoring in Southeast Asia
  3. China’s GS Tire raises Cambodia investment to $300 million
  4. US anti-dumping review preliminary results favour Thailand factories
30th January 2024 by

Key personnel changes in the Chinese tyre industry

In 2023, China’s tyre industry experienced a number of significant changes among key personnel. Tyrepress China observes that the operations of foreign brands in China are relatively stable, with only Bridgestone China’s leaders having changed.  However, several Chinese state-owned enterprises and listed companies have undergone significant personnel changes this year.

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Related news:

  1. 19 finalists chosen for 2015 AutoBild winter tyre test
  2. Former chairman of Sinochem Holdings Ning Gaoning retires
  3. Wang Feng appointed chairman of CNRC
  4. Nankang provides off-take tyres to Federal, appoints new leadership
22nd January 2024 by
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Chinese tyre industry projects new in 2023

In 2023, Chinese tyre companies invested in a number of new projects. Tyrepress China’s analysis found that the once popular all-steel radial tyres (generally truck tyre products) have gradually experienced overcapacity, and the new projects increasingly focus on the production capacity of semi-steel radial tyres (car and light truck products). At the same time, Chinese tyre companies pay more attention to overseas projects. In addition, consistent with the trend in 2022, OTR tyres have become an essential focus of the Chinese tyre industry.

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Related news:

  1. Hangzhou Zhongce confirms Thai factory reports
  2. Serbia open for business
  3. Sentury internationalising with US tyre factory investment
  4. ZC Rubber’s Anji factory starts making tyres
22nd January 2024 by

China announces 2023 green manufacturing list

The “2023 Green Manufacturing List” announced by the Ministry of Industry and Information Technology of China commends companies with outstanding performance in the field of green manufacturing. Tyrepress China notes that several companies related to the tyre industry were selected as “Green Factories” and “Green Supply Chain Management Companies”.

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Related news:

  1. Serbia open for business
  2. Top 10 Chinese tyre industry events in 2022
  3. Prinx Chengshan makes strategic agreement with two steel cord manufacturers
  4. Show review: Reifen China 2014
22nd January 2024 by
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Linglong’s net profit increases >300%

On 15 January, Linglong disclosed its estimated net profit for 2023. The tyre manufacturer reported net profit in 2023 of between 1.35 billion yuan (approximately £148 million; €173 million) and 1.61 billion yuan (about £176 million; €206 million), a year-on-year increase of 362 per cent to 451 per cent.

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Related news:

  1. Doublestar suffers huge losses
  2. Chinese listed tyre companies release third-quarter results
  3. Linglong EV OE reaches more than 6 million in 2022
  4. Doublestar, Guizhou Tyre, Linglong, Triangle, and Aeolus publish results forecast
18th January 2024 by

Haian Group’s giant tyre product lines in context

Haian Group, a Chinese manufacturer of all-steel giant OTR tyres (engineering tyres with rim diameters of 49 inches and above), has commented on the market situation in response to questions from the stock exchange.

Globally, Michelin, Bridgestone and Goodyear are described as the first echelon of giant OTR products. Chinese tyre manufacturers capable of producing all-steel giant tyres include Haian, Sailun, Xingyuan, Triangle, Zhongce, Aeolus and Doublestar. In early January, Linglong’s Jilin plant had the first 49-inch all-steel OTR tyre, also entering this field.

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Related news:

  1. Triangle Tyre joins the “63-inch” club
  2. Aeolus makes first 63-inch giant OTR tyre
  3. Up to 49” – Sailun upgrading OTR tyre production
  4. Haian Group’s IPO application accepted
18th January 2024 by

Wanli expands Guangzhou tyre production base

At the beginning of 2024, Wanli Tire launched the construction of a 6 million semi-steel radial tyre project at its Guangzhou factory. The tyre manufacturer invested 1.086 billion yuan this time, which is the first part of the third-phase project. According to the plan, Wanli’s Guangzhou plant will increase its tyre production capacity by another 6 million units to achieve the target of 12 million tyre production capacity in the third-phase of the project.

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Related news:

  1. Wanli considering Europe for $1 billion tyre factory investment
  2. Chinese tyre manufacturers aim to increase OE supply
  3. Wanli increases Guangzhou tyre factory capacity to 30 million units
  4. Hankook expands Chongqing factory’s TBR tyre capacity
17th January 2024 by

Jiangsu General’s overseas factory tyre capacity may usher in breakthrough growth

On 12 January, Jiangsu General held an expansion ceremony for its Cambodian factory expansion project. If we look at the time, the tyre manufacturer just held its shareholders’ meeting on January 12 and approved the proposal to expand the production capacity of its Cambodian production base. Jiangsu General has previously disclosed that the Cambodian factory expansion project is expected to be put into production in the fourth quarter of 2024.

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Related news:

  1. China’s GS Tire raises Cambodia investment to $300 million
  2. Jiangsu General’s Thailand plant starts second phase
  3. Jiangsu General renovates the Wuxi tyre factory’s TBR line
  4. Giti relocates Hefei tyre factory
16th January 2024 by

Chinese authorities issue guidance document on tyre industry structural adjustment

The “Guidance Catalog for Industrial Structural Adjustment (2024 Edition)” issued by the Chinese authorities has a guiding role in how China’s tyre industry will develop in the next year. The new guidance document will be effective from February 1, 2024, covering three categories: encouragement, restriction, and elimination.

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Related news:

  1. Boto Tyre to Build New Passenger Car Radial Factory
  2. OTR Tyre Specialist Qizhou Diversifying its Range
  3. US Congress passes fresh tariff legislation
  4. What’s different about desegmentation in the agricultural tyre sector?
15th January 2024 by

Linglong produces first 49-inch giant OTR tyre

Witnessed by chairman and president Wang Feng, Linglong’s Jilin Factory has rolled out its first 27.00 R49 giant engineering radial tyre and hence Linglong can now produce larger volumes 49-inch tyres. The tyre manufacturer said that the 49-inch tyre product “further improves the OTR tyre product system and marks that its OTR tyre development has entered a period of rapid development”.

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Related news:

  1. Serbia open for business
  2. Linglong’s Serbia factory faces local environmental opposition
  3. Linglong Tire achieves all-time record share price
  4. Linglong adds Hubtrac OTR tyre range within ongoing strategic development plans
15th January 2024 by

Zhongce builds second overseas factory in Indonesia

“The Indonesian factory has been confirmed, and the Mexican factory is under preparation” – An employee of Zhongce Rubber (ZC Rububer) has revealed the latest progress of overseas factories to Tyrepress China. In other words, China’s largest tyre manufacturer has decided to establish a second overseas production base in Indonesia.

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Related news:

  1. Chinese tyre makers off-shoring in Southeast Asia
  2. Thailand woos global tyre manufacturers
  3. Chinese tyre manufacturers aim to increase OE supply
  4. China’s tyre industry facing five difficulties: ZC Rubber chairman, Shen Jinrong
15th January 2024 by

Prinx Chengshan makes strategic agreement with two steel cord manufacturers

In less than two months, Prinx Chengshan has signed strategic cooperation agreements with two steel cord manufacturers, Xingda and Shougang Century. Jiang Xizhou, executive vice president of Prinx Chengshan, and Yin Nengbo, purchasing director, both attended the two signing ceremonies.

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Related news:

  1. ZC Rubber, Bekaert sign strategic cooperation agreement
  2. Xingda tyre cord opens European office
  3. £200m Xingda Thailand factory phase II confirmed
  4. Xingda reports 11% increase in sales volume in 1H 2023
11th January 2024 /1 Comment/by

US launches sunset review investigation into Chinese-made TBR

On 2 January, the US Department of Commerce announced that it would launch the first anti-dumping and countervailing sunset review investigation into truck and bus tyres (TBR) imported from China. Stakeholders should register a response to the US Department of Commerce before January 12 (within ten days from the date of the announcement). According to the China Rubber Industry Association, the North American trade union organisation USW (United Steelworkers) has submitted a registration to respond.

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Related news:

  1. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  2. Will Europe impose tyre import tariffs?
  3. Show review: Reifen China 2014
  4. USA retains duties on PLT tyres
9th January 2024 by
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Cheng Shin’s revenue in 2023 decreased 2.08%

Cheng Shin Rubber has not yet disclosed its 2023 annual report, but it announced its 2023 revenue on the Taiwan Securities Exchange. Compared with the previous year, Cheng Shin Rubber’s yearly revenue decreased by 2.08 per cent.

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Related news:

  1. Chinese tyre makers lost share value in 2011
  2. Maxxis re-appoints Dr Wally Chen as chairman
  3. Doublestar suffers huge losses
  4. Subsidies didn’t stop Doublestar losing money in Q3
9th January 2024 by

First tyre rolls new Guizhou Tyre OTR production line

he first tyre of Guizhou Tyre (also known as Advance Tyre)’s newly constructed all-steel engineering radial tyre (OTR) project has rolled off the production line. According to the plan, the project will be able to produce 380,000 tyres per year after reaching total capacity.

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Related news:

  1. Guizhou (Advance) Tyre plans to expand EU sales
  2. Guizhou Tyre terminates ‘all-steel tyre project’
  3. Guizhou Tire begins $350 million construction project on two China factories
  4. Multiple factors affect Guizhou Tyre overseas market
9th January 2024 /1 Comment/by

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