Recently, Guangrao Court in Dongying Shandong Province announced that it would sell Taida Rubber's production line and equipment
at auction during 10 AM on June 17 to 10 AM on June 18.
The auctioned equipment includes a vulcanization production line, a QD32T*19.65M of dual-beam crane, two units of A5QD20T*19.65M dual-beam cranes and 4 units of A3LD5T*19.65M dual-beam cranes and so on.
Taida Rubber was founded in 2001, mainly operating vehicle tire, engineer tire, motorcycle tire, rubber production, rubber chemicals etc..
Since 2013, the company has been sealed up by courts because of capital problems.