On August 2, 2022, the Beijing No. 1 Intermediate People's Court announced that it would review the bankruptcy application of Beijing Capital Tire Co., Ltd. The tire factory, which has been declared bankrupt for 7 years, has not settled all creditor's rights disputes, and now it has emerged again.
Beijing Tire Factory. Founded in 1970, the factory is one of the 24 key tire manufacturers in the country, covering an area of 390,000 square meters and a building area of 140,000 square meters. It is located in Xisanqi, Beijing. The company is a large-scale tire manufacturing enterprise mainly engaged in the development and production of passenger, light truck radial tires and light truck, heavy duty, engineering bias tires. During the "Seventh Five-Year Plan" period, an annual production line of 300,000 light truck and car radial tires was imported from Italian Pirelli, including a full set of production equipment and tire design and manufacturing software. During the "Eighth Five-Year Plan" period, an investment of 250 million yuan was carried out to carry out the "double plus" technical transformation project for an annual increase of 700,000 radial tires, resulting in an annual production capacity of 1.2 million radial tires.
In 1999, on the basis of the original Beijing Tire Factory, Beijing Capital Venture Group registered and established Beijing Capital Tire Co., Ltd. through asset reorganization. At that time, Beijing Capital Tire Co., Ltd. had strong technical force, more than 300 middle and senior professional technicians, and had specialized research institutions and laboratories with first-class facilities. Through years of digestion and absorption and scientific and technological public relations, he has formed his own design theories and methods. In 2000, the sedan, light duty series and tubeless radial tire series were awarded the title of "Famous Brand Product" in Beijing. The first production tire brands include "BCT", "Jinglun", "Dun", "Ortejia", etc. The products are exported to South America, North America, Central America, the Middle East and Southeast Asia, Australia, Africa, Europe and other overseas markets.
In 2004, Beijing Capital Tire ushered in a major change. In order to implement the overall urban planning of Beijing and improve the environmental quality of the capital, it implemented an overall relocation, leaving Xisanqi and relocating to Fangshan. According to the plan, during the "Tenth Five-Year Plan" period, Beijing Capital Tire will build a project with an annual output of 10 million radial tires in Fangshan District, Beijing, and a project with an annual output of 2.1 million radial tires, 600,000 tires and 1.5 million bias tires in Xushui, Hebei. new factory. Among them, the Fangshan factory project has a total investment of 946 million yuan. After the project is completed and put into production, it is estimated that the annual sales income will increase by 1.25 billion yuan and the new profit will be 80 million yuan.
In September 2007, the relocation summary and commendation meeting of Beijing Capital Tire Co., Ltd. was held in the new Fangshan factory of Capital Tire. The relocation of the tires was highly praised.
Regarding the relocation of the factory, some old workers who worked in the factory in 2004 said: The factory announced its closure just after the new year, but the closure was only told to the workers. In fact, the factory was withdrawing from Beijing. After the relocation, the old factory has become a treasure land for real estate development. So far, this part of the community is still regarded as a tire factory community, which shows the deep influence of the tire factory.
As a large state-owned first-class tire enterprise, Beijing Capital Tire ranks 15-17 in my country's tire industry in terms of comprehensive economic strength, and has been shortlisted in the global tire top 75 for many years.
However, all the glory came to an abrupt end in 2015. In 2015, a Shandong chemical company filed a lawsuit against Capital Tire to the court. When the court staff arrived at the Fangshan factory of Capital Tire, there was no one in the huge factory. The person in charge of the reception said that they had poured bitter water to the judge: "I don't hide it from you. Said, we stopped work after the Spring Festival, and now I don’t know what will happen next.” The judge came to the warehouse of the factory. In this warehouse, which is bigger than a football field, most of the shelves are empty, and only the two sides of the warehouse are still stacked. Some brand new tires. The warehouse manager accompanied the executive judge to count the goods one by one. After accounting, 5,476 tires were seized, and the relevant person in charge of the enterprise was urged not to dispose of the seized tires without authorization.
On October 29, 2015, Capital Tire declared bankruptcy due to issues such as environmental protection and capital chain breakage. Some workers in the factory said: Before implementing bankruptcy, Beijing Capital deliberately concealed and covered up the truth of bankruptcy from workers, and fraudulently terminated labor relations for some workers before implementing bankruptcy resettlement.
After Beijing Capital went bankrupt, Beijing Jinglun Tire Co., Ltd. continued to operate brands such as "BCT", "Jinglun" and "Ortejia". In 2018, it was reported that Beijing Jinglun Tire Co., Ltd. and Shandong Luhe Group Co., Ltd. signed a strategic cooperation agreement at the headquarters of Shandong Luhe Group. The two parties will cooperate to expand a semi-steel radial tire manufacturing base with an annual output of 8 million in Zhucheng, Shandong. The cooperation technology of this project is supported by Jinglun Tire. After the project is put into production, it will give priority to ensuring the market supply of Jinglun Tire.
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