Jiangyin Haida aims to become one of top 50 non-tire enterprises in the world

26 May 2020 | Source from China Rubber Journal

On March 28, Jiangyin Haida Rubber & Plastics Co., Ltd. issued its 2019 annual report, proposing to enter the top 50 non-tire rubber products enterprises in the world through 3-5 years' efforts.

In 2019, Jiangyin Haida achieved an operating revenue of 2.241 billion yuan, an increase of 5.22% (the same below), a net profit of 224 million yuan, an increase of 34.39%; a substantial increase in sales revenue, with a net cash flow increase of 774.78%, showing a strong development potential.

The rubber parts produced and sold by Haida Co., Ltd. are mainly used in rail transit, automobile, construction, and shipping these four fields, and lightweight aluminum products are mainly used in automobile skylights and other fields. In 2019, Haida automatic three-dimensional warehouse was built and put into operation; the new factory building of Ningbo KENO Aluminum Co., Ltd. was built and successfully relocated, greatly improving the original production capacity of automobile skylight and guide rail materials; the production equipment of the rubber mixing center, waterproof seals, automobile seals, vehicle shock absorbers, building seals and other business units was technically modified, and the mechanization of equipment and production operation was improved, degree of automation. The above investment in technological transformation has strengthened the potential and space of enterprise development and laid a foundation for subsequent development.

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