Jiangsu authority lately released the Industrial Companies with Operating Revenue over RMB10 billion in Jiangsu Province 2016 and the Top 100 Corporate Taxpayers (Manufacturing Industry) in Jiangsu Province 2016.
A total of 125 industrial companies in Jiangsu had their operating revenues exceeded 10 billion yuan last year.
Hongdou Group ranked the 16th. It is the parent company of tire producer Jiangsu General Science Technology Co., Ltd.
General Science Technology was listed in the A share market last year.
Among the top 100 corporate taxpayers in Jiangsu, there are Cheng Shin Rubber (China) Co., Ltd., Jiangsu Xingda Steel Cord Co., Ltd., and Bridgestone (Wuxi) Tire Co., Ltd.
Jiangsu is a key production base of tires in China.
Developed auto industry in Jiangsu attracted both domestic and foreign tire brands establishing factories there.
