On January 22, Jining Shenzhou Tire Co.,Ltd, a subsidiary of Hixih Rubber Industry Group, announced that its first tire went off line officially.
It is remarkable event for Hixih Rubber Industry Group, which means it owns ability to produce self-developed passenger car tires.
According to the schedule, Jining Shenzhou Tire is designed with 10,000,000 units/year of high-performance vehicle tire and planned to invest 3.5 billion yuan.
The project started to construction on March 18, 2017. After ten month construction, the first phase project has been completed and started to run.