Wanli manufacturer, Chinese vehicle maker erecting JV tyre plant
Last month, groundbreaking took place on a new tyre factory intended to produce some 2 million all-steel truck tyres a year and serve as an original equipment supplier for China Anhui Jianghuai Automobile (JAC). The vehicle manufacturer is partnering in a joint venture project together with Guangzhou Fengli Tire & Rubber Co., Ltd. The tyre maker is itself, in turn, a joint venture between South China Tire & Rubber, the company behind the Wanli and Sunny tyre brands, and Guangzhou International Group Co., Ltd., an authorised Chinese state-owned assets operating unit.