Wanli Tire Co. Ltd.’s Conghua base in Guangdong province is to initiate a capacity optimization program.
To meet the goal of 2020 mid-term strategy, Wanli Tire plans to add semi-steel radial tire capacity by three million, boosting its total capacity to 18 million tires annually.
With an overall investment of 565.44 million yuan, besides the first-phase plant expansion for additional capacity of three million semi-steel radial tires, the company is also to construct chemical labs and mould storehouses and to reconstruct some plants.
In addition, Wanli Tire has adopted advanced facilities to ensure green, efficient manufacturing.
