Supply chain companies are laying out upstream, and tire companies can't sit still
Recently, Wuchan Zhongda Chemical Group and Hainan Rubber Group signed a strategic cooperation agreement in Haikou. Wuchan Chemical expressed the hope that both parties will deepen development in "upstream and downstream" and "going global".
There is an old saying: Money can make the devil push the mill, which later evolved into: Money can make the mill push the devil, further emphasizing the power of money. Money makes people selfish, money makes people complacent, money makes people greedy, and money makes people profit-seeking! When capital enters the tire industry with a large amount of funds, how sober can tire companies remain?
Origin of tire supply chain cooperation
The cooperation of the tire supply chain originated in 2017. When it comes to the tire supply chain, we have to mention Wuchan Zhongda, Zhejiang Tianlun Supply Chain and Xiamen International Trade Group. Speaking of these three companies, I believe that people in the tire industry are also familiar with them. Among them, Wuchan Zhongda has the deepest cooperation with major tire companies!
In December 2017, Wuchan Zhongda and Shandong Hawk International Rubber Industry Co., Ltd. officially signed a supply chain cooperation agreement in Laizhou, Shandong, marking the official launch of the Shandong Hawk International Rubber Supply Chain Cooperation Project. It also marks the official involvement of capital in the tire industry!
Subsequently, Wuchan Zhongda has successively started cooperation with Shandong Shengtai Group, Shandong Haoyu Rubber, Guangxi Xinguilun Rubber, Shandong Duoluchi Rubber and many other tire companies to jointly build a new tire supply chain model.
Tire supply chain giant-Wuchan Zhongda Group
In 2019, Wuchan Zhongda Chemical Group subscribed to a capital contribution of 370 million yuan, accounting for 92.5% of the shares, and established Shandong Xiongying Tire Group Co., Ltd. Xiongying Tire currently has four production bases, namely Xinhaoke, Xintu, Xiongying (Dongying), Xiongying (Qingzhou), and one sales center, Xiongying (Qingdao). The company currently has a production scale of 5.5 million sets of all-steel truck and bus tires, 15 million sets of passenger car tires, and 50,000 sets of all-steel engineering tires. The company owns well-known brands such as "Xiongying TERCELO", "Chifeng TRANSMATE", "Hawk", "Eagle Ba", "Three-Athree-A", "Libede RAPID", and "Aoteli AOTELI".
Tire companies after capital entry
Speaking of these tire companies that have been intervened by capital, Shandong Xiongying is undoubtedly lucky, and it is also one of the best-developed tire companies among these companies. At present, Shandong Xiongying Tire Group has four major production bases, namely Xiongying Tire (Qingzhou), Xiongying Rubber (Dongying), Shandong Xintu, and Shandong Xinhaoke, a sales center of Xiongying Rubber (Qingdao), and a technical center of Shandong Xiongying Tire Research Institute. Through the internal integration of tire companies in the past two years, the Eagle Group has now formed a group operation of the tire sector, and is also making great efforts to improve its products, quality, and channel development. With the strong financial support of Wuchan Zhongda, the future development of this company is worth looking forward to.
There is nothing wrong with wealth itself. It can play different roles in the hands of different people. As a traditional manufacturing industry, tires have received a lot of investment from the three major capitals. These investments can be regarded as life-saving money for some tire companies. In any case, these funds have given tire companies the capital to stand up. Whether they can continue to move forward depends on the tire companies' own abilities!