·The GM shares all steel tire project obtained the record

On January 26th, Tire World Network was informed that Jiangsu General Technology Co., Ltd. All-steel radial tire construction project was filed by relevant departments.

The filing unit is the Development and Reform Bureau of Xishan District, Wuxi City, Jiangsu Province.

At present, the project has obtained the “Jiangsu Provincial Investment Project Record Certificate”.

According to the plan, this project will build an information-based, intelligent factory with a construction period of about 15 months and adopt a rolling investment.

In the 2nd to 6th year after the start of production, the yields were 40%, 80%, 85%, 90%, 95%, respectively, and the 7th year was reached.

After the production, the GM's all-steel tire production line can produce 1.2 million all-steel radial tires per year.

The tire manufacturer said that the current meridian rate of heavy-duty tires in China is still at a lower level than the international level.

They intend to seize the opportunity to preempt the market.

It is reported that in December last year, the company added an investment of 300 million yuan for this project, and the total investment of the whole project reached 1.5 billion yuan.