Key Tire Projects, Centralized Commencement

28-03-2023

On March 27, Fuyang District, Hangzhou City, Zhejiang Province, held a centralized commencement activity for 2023 major projects.


A total of 32 projects have been commenced with a total investment of 33.78 billion yuan. This includes the "Hangzhou Zhongce Qingquan All Steel Radial Truck Tire Project".


The project is planned to invest 2 billion yuan, with a total land area of 97.23 mu and a construction area of 77800 square meters. The construction period is from June 2023 to June 2026.


It will build rubber and plastic products factories, as well as warehouses. After completion and production, it can produce 2.5 million sets of all steel radial truck tires annually.


According to information, Zhongce Qingquan was established in September 2001 and is a wholly-owned subsidiary of Zhongce Rubber Group.

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