Aeolus Tyre Publishing 2015 Annual Report

On April 29, Aeolus Tyre Co., Ltd. published 2015 Annual Report.

In 2015, the realized operating income of the company was 6.358 Billion Yuan, decreased by 22.15% compared with that in the same period of last year (year-on-year, the same below); and the realized net profit was 247 Million Yuan, with a decrease of 25.49%. The tire output reached 8.7586 million units, with a decrease of 5.21%; the sales was 8.7249 million units, with a decrease of 4.1%. The company planned to produce 9.50 million units of tires in 2016.

The realized taxes of the company in 2015 was 311 Million Yuan, with an increase of 8.36%; the foreign exchange earned by export of the whole year was USD 541 Million, with a decrease of 18.9%.

The First-Quarter Report of 2016 published at the same time showed that the operating income of the company in the first quarter reached 1.276 Billion Yuan, with a decrease of 18.52%; the net profit attributed to the shareholders of the listed company was 63.84 Million Yuan, with an increase of 17.19%.