Recently, Wu Yu, chairman if Taifeng Tyre (Jiangxi) Co.,Ltd, interviewed Shandong Hongsheng Rubber Technology Co.,Ltd. with his sales and R&D team.
An insider said that Hongsheng Rubber Technology would produce OEM tyres for Taifeng Tyre's Federal Tyre.
Statistics showed that Taifeng Tyre founded in 1997, is a subsidiary of Taiwan Taifeng Tyre, owning two brands "Hero" and "Federal".
Headquartered in Taiwan, Taifeng Tyre's production were sold into America, Europe, Africa, South Asia and China.
Due to environment protection, Taifeng Tyre has limited production since 2015.
In July, media reports that the company has been sealed and fully stopped production, and sent the employees away.
