Recently, Qingdao Techking Tires delivered its third version of intelligent tire system to Liaoning customer.
It is said that the order was valued of 30 million yuan, which is the first order from domestic companies in 2020.
Affected by COVID-2019， the company has to adjust its sales direction from overseas to domestic companies.
Wang Chuanzhu, chairman of Techking Tires said that its sales revenue overseas dropped over 40% in the first quarter of 2020, compared to the same period of 2019. And the company predicted that it would be keeping sluggish for Chinese export in the next six months.
In that case, the company developed TIKS intelligent tire system, which was used in high-duty machinery vehicles, which helped the company realize Chinese market sales.
Now, the company has signed cooperation with Zoomlion, Sany etc., which realized over 50% of yearly growth in domestic market in April, Wang said.
Techking Tires Ltd. was established in June, 2005. Since the beginning, Techking has been focusing on tire product design, research and development, quality control, brand building and tire management.
Techking R&D Center was established in 2008, which has been certified by the Qingdao municipal technology center.
Until now, Techking has applied 101 patents in total with 52 granted patents, including 6 invention patents，8 EU patents，4 Russian patents and 1 US patent.
