Prinx Chengshan Archives - Page 4 of 6 - Tyrepress

Posts

华 – Prinx Chengshan launches flagship line for China

International News, Product News

Prinx Chengshan has unveiled a new flagship passenger car tyre range in the company’s home market. Called “华” (Hua), the Chengshan tyre is crammed with innovations that the manufacturer claims elevate it to the standards of international first-line brands. In addition to offering high durability, wear resistance and mileage potential, as well as low rolling resistance, Prinx Chengshan points out aesthetic highlights – Hua is the first domestic tyre line in China to feature velvet textured sidewalls.

3rd March 2022/by Stephen

Prinx Chengshan appoints Costache European sales director

Adrian Costache is the new sales director for the Austone, Fortune and Chengshan tyre brands in Europe. He began in this role on 1 February and reports directly to Thomas Wohlgemuth, managing director of Prinx Chengshan Tire Europe. As sales director, Costache is responsible for complete price management as well as European sales for both passenger car and commercial products.

7th February 2022/by Stephen

Prinx Chengshan expecting 50% drop in net profit

Company News, International News

Prinx Chengshan Holdings Limited and its subsidiaries have issued a profit warning to shareholders and potential investors. The company’s Board of Directors informs that although they anticipate group revenues for 2021 increasing by approximately 20 per cent year-on-year (2020 revenue: 6.28 billion yuan), they project that net profit will decline by approximately 50 per cent year-on-year, to an expected 260 million to 330 million yuan (£30.8 million to £39.1 million).

21st December 2021/by Stephen

Prinx Chengshan acknowledged for energy efficiency

International News

When the China Petroleum and Chemical Industry Federation announced its list of most energy efficient companies within the petrochemical industry (for 2020) in October, it recognised tyre maker Prinx Chengshan as a leading ‘Energy Efficiency Benchmark Company’ for the sixth year in a row. Prinx Chengshan attributes these half-dozen consecutive accolades to its focus on sustainability in recent years, including energy and materials conservation as well as efforts to promote a circular economy.

9th December 2021/by Stephen

NUFAM launch for European Austone, Fortune ranges

With some 22,000 people visiting this year’s NUFAM commercial vehicle trade fair in Germany between 30 September and 3 October, attendance numbers were around 85 per cent of those at the last pre-Covid show in 2019. These visitors met with numerous tyre industry exhibitors, including Prinx Chengshan Tire Europe GmbH, which was there to launch its commercial vehicle tyre portfolio for Europe.

9th November 2021/by Stephen

European debut for Prinx Chengshan’s Austone commercial tyre range

Prinx Chengshan Tire Europe is launching its commercial vehicle tyre programme throughout Europe at the NUFAM 2021 commercial vehicle show, which will take place in Karlsruhe, Germany between 29 September and 3 October. The company will present a range of tyres for trucks, buses and trailers that covers regional transport, long-haul transport and construction site applications under the Austone brand name, as well as Fortune van tyres.

20th September 2021/by Stephen

Prinx Chengshan opens European warehouse

With the opening of its new central warehouse last month, Prinx Chengshan can now supply its wholesale customers in all parts of Europe with locally-held stocks. The new Prinx Chengshan Tire Europe GmbH facility is situated in the south of Germany, and initially it will exclusively stock Fortune passenger car tyres.

29th June 2021/by Stephen

Prinx Chengshan resumes European testing

After commencing tests of its tyres in Europe last year, Prinx Chengshan returns in 2021 to continue its testing programme. The Chinese tyre maker is utilising a number of sites, including Applus IDIADA in Spain and a facility in Ivalo, Finland, in order to test its winter, all-season and UHP summer tyres.

12th May 2021/by Stephen

Steven Buytaert to oversee Prinx Chengshan’s European TBR debut

Prinx Chengshan Tire Europe GmbH is expanding its range to include truck and bus tyres in the second half of 2021, and the tyre maker is supporting their introduction by a new appointment within its European team. As of 1 March 2021, Steven Buytaert is sales manager TBR Europe, and his remit includes overseeing the Europe-wide introduction of PRINX Chengshan truck and bus tyres as well as the associated development and expansion of these ranges.

14th April 2021/by Stephen

Prinx Chengshan appoints marketing & communications manager for Europe

Prinx Chengshan relocated its European operations to Germany in 2019, and the Darmstadt-based Prinx Chengshan Tire Europe GmbH team has now been reinforced by the arrival of Sybille Schümann-Huth as senior marketing & communications manager. She reports directly to managing director Thomas Wohlgemuth.

17th February 2021/by Stephen

Prinx truck tyres being distributed in the USA by TBC

International News

TBC Brands, a North American tyre distributor, has introduced a range of Prinx Tires-branded medium radial truck tyres to the US market.

24th November 2020/by Chris

Prinx Chengshan: Increased profits despite corona

Prinx Chengshan

In spite of COVID-19, Prinx Chengshan managed to increase its net profit in the first half of 2020, a feat aided in part by a prompt response to the pandemic. Sales revenue for Prinx Chengshan (Cayman) Holding Limited and its subsidiaries in the six months to 30 June 2020 came to RMB 2,844.0 million (£317.2 million), 1.0 per cent less than in the same period of 2019. Gross profit rose 9.9 per cent year-on-year to RMB 606.3 million (£66.7 million) and net profit increased 1.6 per cent to RMB 265.3 million (£29.2 million).

4th September 2020/by Stephen

Prinx Chengshan develops label-topping tyre

International News, Product News

Prinx Chengshan

Many international manufacturers view a good EU tyre label result as a benchmark of product performance. At the end of 2018, Prinx Chengshan’s research and development centre in China began work on its ‘AA1’ project, with the aim of developing a product achieving the best label category for wet grip, rolling resistance and noise. The tyre maker reports that it’s achieved its goal.

13th May 2020/by Stephen

Prinx Chengshan begins PCR tyre production in Thailand

International News

Prinx Chengshan produced its first car tyre at its new plant in Thailand on Saturday. The start of PCR tyre production at the Prinx Chengshan Tire (Thailand) Co., Ltd. facility follows the start of TBR tyre production on 25 March.

20th April 2020/by Stephen

TBR tyre production begins at Prinx Chengshan’s Thailand plant

Company News, International News

Prinx Chengshan reports that its new tyre factory in Thailand produced its first commercial vehicle all-steel radial on 25 March. The first phase production project at the Prinx Chengshan Tire (Thailand) Co., Ltd. is now expected to be concluded in the second quarter of this year, giving the facility an annual capacity to produce 800,000 TBR tyres. The plant is also capable of manufacturing 4 million passenger car and light truck tyres a year.

31st March 2020/by Stephen