Jiamei (Shandong) Rubber will invest 3.742 billion yuan to produce a 5 million units/year of high-performance intelligent radial tires production line soon.
According to the plan, the company will invest 500 million yuan in 2020 to build up new rubber manufacture, full-steel tire manufacture and install 900 units fo equipments. And the whole project would be completed in 2021 as scheduled.
Jiamei (Shandong) Rubber company, registered in Jan.3 2020, is one of seldom new tire factories in Dongying, Shandong Province.
Jiamei (Shandong) Rubber company was co-invested by Jiamei Group, Dongying Habilead Technology Research Center and Shanghai
Shengpu Tire Company.
