Not long ago, two new tire companies were established one after another in Jiangsu Province. The tire projects of these two companies are also being accelerated.
Among them, Future Tire Technology (Jiangsu) Co., Ltd. was established on July 19, 2021 and is located in Hongze Economic Development Zone, Huai'an City. Its main business is the manufacture and sale of tires and rubber products.
The legal representative of the future tire is Ma Shuanghua with a registered capital of 20 million yuan. The company's "high-end wide-based tire production phase I project" is being announced. This project leases 79.06 mu of land and 36,200 square meters of workshop.
At the same time, new tire production line equipment was purchased. After the construction is completed, it will be able to produce 300,000 sets of high-end wide-base tires annually. Yishimai (Jiangsu) New Material Technology Co., Ltd. was established on October 20 this year and is located in the Economic Development Zone of Guannan County, Lianyungang City.
The company has a registered capital of 20 million yuan and its legal representative is Zhang Shenghui. Among them, Zhang Shenghui invested 17 million yuan, accounting for 85% of the shares. Hong Kong company SHUMA TYRE INTERNATIONAL CO., LIMITED invested 3 million yuan, accounting for 15% of the shares.
On November 3, Yishimai (Jiangsu) New Material "Special Tire Project" has been put on record in Guannan County. The project is designed to have an annual production capacity of 2 million tires, mainly for the production of industrial, agricultural, mining, and engineering tires.
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