Linglong Tire President Named Among 2021 Forbes China Best CEOs

Wang Feng, Linglong Tire’s Chairman and President, has secured the position among the annual ranking of the mainland’s top 50 CEOs published today by Forbes China.

According to Frobs China, the list is prepared based on a company’s stock price performance, market value, revenue, net profit, profit growth, return on assets, and return on equity for listed businesses for the years between 2018 and 2020. Share prices were based on the three years to May 31. 

Feng was awarded the Influential Leader in China’s Petroleum and Chemical Industry in 2020 for his covid-19 aid initiatives. He also bagged personal awards, such as ‘Ernst & Young Entrepreneur Of The Year Award 2020 China’ and ‘2020 New Era Chinese Economic Outstanding Individual.'

Linglong Tire is a leading Chinese tyre manufacturer founded in 1975, and is committed to building a technology-driven, world class tyre manufacturing enterprise through accelerating its international R&D capabilities for the communities it serves. Having expanded into Southeast Asia and Eastern Europe, Linglong has established manufacturing facilities in China, Thailand and Serbia, as well as R&D centers in China and North America. With products sold in over 180 countries, Linglong’s partners include internationally-renowned automotive brands such as Audi, Volkswagen, Ford, and Hongqi. Additionally, the company has been among the global top 14 tyre enterprises.