"Aeolus" advances into the top 20 tires in the world

Under the pressure of economic downswing, Jiaozuo City's industrial front added another good news: Yesterday afternoon, the reporter learned from Aeolus Tyre Co., Ltd. that it was announced by the US “Global Rubber and Plastics News” weekly 2012 ranking of top 75 global tires. Aeolus Tyre, with sales revenue of US$1.5862 billion, entered the world's top 20 tires for the first time.

"Aeolus" advances into the top 20 tires in the world. It is a symbolic product of the city's industrial structure adjustment - 5 million sets of high-performance passenger tires were put on the market, and another awe of the Aeolus Tyres was sent to the people of the city.

The world's top 75 tires list is the world-famous Crain Communications Inc., which is based on the ranking of tire sales companies in the world last year related to tire manufacturing. The ranking has always been one of the hallmarks of tire companies in the global industry. According to the data released on the rankings, Fengshen Tire's global rankings moved three places higher than last year, more than Double Money and Qingdao Double Star, ranking in the top 20. It is understood that 32 Chinese companies were listed in the World Top 75 tires in 2012, an increase of 5 from last year (27), of which the top 20 are a total of 5 Chinese companies. Fengshen Tire is the only state-owned holding company.

In 2011, faced with the continuous rise of raw materials such as natural rubber and the increasingly fierce competition in the tire market, Fengshen Tire in accordance with the annual work arrangement of China National Chemical Corporation, deepened management reforms, vigorously explored the market, promoted technological innovation, grasped project construction, and accelerated Structural adjustment, active exploration of profitable models under complex and changing circumstances, and the realization of sustained and rapid development, the status and influence of the industry continues to increase. In 2011, sales of Aeolus Tire exceeded 10 billion yuan for the first time, achieving a sales revenue of 10.2 billion yuan, a year-on-year increase of 26%, far higher than the average growth rate of 22% of the world's 75 tires; and a profit of 270 million yuan, a year-on-year increase of 51 %, ranking first among the seven listed companies in the domestic tire industry.

In 2012, the global economic growth rate continued to slow down, and the domestic market demand was still sluggish. Facing various unfavorable factors, Fengshen Tire adhered to the group company's 2215 strategy as the traction and closely focused on the “three satisfied” annual work themes, adjusting the structure, Transferring methods, continuously advancing world-class manufacturing, and striving to implement connotative development, from January to June this year, Fengshen Tire achieved nearly US$300 million in foreign exchange through exports, a year-on-year increase of 5%; realized profits exceeded RMB200 million, a year-on-year increase of 24%, and both set a record. new highs.

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