Linglong and Geely establish joint R&D centre
Linglong Tire is partnering with Geely Automobile Research Institute in the establishment of a joint R&D centre called the Geely Engineering Center & Linglong Technology Center TIH Laboratory.
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Linglong commences strategic cooperation with SAIC Volkswagen
A new strategic cooperation between Linglong Tire and SAIC Volkswagen will facilitate the development of products and innovations. Wang Feng, chairman and president of Linglong Tire, signed the agreement on behalf of the tyre maker during a ceremony held at SAIC Volkswagen headquarters in Shanghai, China on 12 June.
Lv Xiaoyan resumes role as Linglong CFO
FinTwo Linglong Tire vice presidents have changed roles within the company, reports our sister website Tyrepress China. Due to job changes, Chen Xuemei resigned as vice president, but continues to hold other positions in Linglong. Li Wei resigned as chief financial officer (CFO), but remains a vice president at the tyre maker and a director on the board. Lv Xiaoyan, vice president of Linglong, took over from Li Wei and concurrently serves as CFO.
Linglong EV OE reaches more than 6 million in 2022
LinglongIn 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.
First look: Linglong Tire’s Serbia tyre factory
LinglongThe opening of its new tyre factory in Zrenjanin, Serbia, makes Linglong Tire the first Chinese tyre manufacturer to build a production base in Europe. Truck tyre production represents the first phase of the enormous overall 999-million-euro project that represents the largest single foreign investment in Serbia and will soon feature car tyre production followed by the manufacture of agricultural and OTR tyres. Ahead of its official opening, as well as an interview with Linglong Tire chairman, Wang Feng, Tyres & Accessories had an exclusive tour of the site including a close-up view of the truck tyre production line.
Linglong appoints Yu Hang as vice president
Prinx ChengshanOn 17 March, Linglong Tire announced that it hired Yu Hang as its vice president. The tyre manufacturer stated that the appointment of Yu Hang is to enhance Linglong’s brand value and competitiveness, optimise and improve its “product + service + value” system, build a world-class brand influence, and enhance Linglong’s international competitiveness.
Next stop “Americas”: Linglong aiming for global production capacity top 5 by 2030
Alongside an exclusive tour of Linglong Tire’s new European production base in Serbia, Tyres & Accessories sat down with chairman Wang Feng in a conversation that covered topics including the company’s plans for its latest factory in Serbia, the location of its next manufacturing investment and the fast-growing tyre manufacturer’s strategic goals.
Linglong to build tyre factory in the Americas
LinglongLinglong Tire will build its next tyre factory in the Americas region. Tyres & Accessories learnt the news during a recent interview with Linglong Tire chairman Wang Feng, which took place alongside an exclusive tour of the company’s new European tyre production facility in Serbia.
Doublestar suffers huge losses
Austin Diste; UnsplashAt the end of January, three Chinese tyre companies released their 2022 performance forecasts, which show that Aeolus and Linglong are in profit, but reveal huge losses at Doublestar.
Top 10 Chinese tyre industry events in 2022
In 2022, several significant events took place in China’s tyre industry. These things had a profound impact on the tyre industry not only in 2022, but for a long time.
Linglong moves Anhui factory address
LinglongOn 30 December Linglong announced that it would adjust the construction of its seventh production base in China. The construction location of the project was changed from Lujiang, Anhui, to Lu’an, Anhui. At the same time, the tyre manufacturer’s Lu’an factory is preparing to build a project with an annual output of 14 million sets of high-performance radial tyres and a project to regenerate via retreading and material recovery 30,000 tons of waste tyres. In the original design, Linglong’s seventh factory in China was intended to have an annual production capacity of 14.6 million sets of radial tyres.
Linglong making dandelion rubber progress
Linglong Tire intends to have 35 per cent sustainable and renewable resources in its tyres by 2025 and 40 per cent by 2030. One source of such materials will be dandelions. The tyre maker established the Dandelion Rubber Industry Technology Innovation Strategic Alliance in 2015, partnering with more than 20 universities, research institutes and rubber companies.
Domestic Chinese tyre companies in recruitment drive
Andreas Felske; UnsplashRecently, several tyre manufacturers have released recruitment information, which is not enough to be strong evidence that China’s tyre industry is gradually recovering. However, the recruitment information shows that some Chinese tyre companies have not hesitated in the challenging environment.
Pessimistic Chinese tyre industry: what does the future hold?
Christian Lue; Unsplash2022 has been a challenging year for the Chinese tyre industry. This year is coming to an end, but a feeling of anxiety is crossing regions and classes and spreads throughout the industry. From manufacturers to distributors, from vulcanisation workshop workers to corporate executives, many professionals are asking the question: Where is the future of China’s tyre industry?
Linglong: Serbia plant will be officially put into production soon
LinglongOn November 2, Linglong held a performance presentation on the operation of the third quarter of 2022. Linglong chairman Wang Feng, board secretary Sun Songtao and heads of relevant departments attended the performance presentation and interacted with investors on Linglong’s business situation.
