Online news sources are reporting that South China Tire & Rubber Co. and Guangzhou Yitao Rubber Manufacture Co. have signed cooperation agreement at a ceremony celebrating the creation of the Guangzhou Huayiyang Co., a limited joint venture.
South China Tire & Rubber general manager Zou Yongzhi said that through the joint effort, they are likely to compete with the world-leading tire corporations.
With a reported annual output of 12.5 million units, South China Tire & Rubber is said to have become the largest radial tire manufacturer in southern China.
Guangzhou Yitao is a private enterprise which specialized in rubber air spring and has an annual output of 900,000. It is announced that the newly established company is supposed to produce five million units and make 1.5 billion yuan per year.
Source: Tyres & Accessories
About us
Advertisements
Subscrible
Contact us
