Shandong Guangrao County tire products account for 30% of the country's output value

In recent years, Guangrao County of Shandong Province has taken the rubber tire industry as a pillar industry supported by the county, and has increased its investment in advantageous funds. Nowadays, it has become China's emerging tire production base.

There are 28 rubber tire companies in Guangrao County, with a total asset scale of RMB 16 billion (RMB, the same below), an industrial production value of RMB 15 billion, and an annual production capacity of more than 55 million, accounting for 30% of the national market share. The amount reached 450 million U.S. dollars. This year, the county implemented a total of four key rubber tire industry projects, a total investment of 1.3 billion, an increase of 4.06 billion sales revenue. In the past five years, the county's total investment in rubber tires and supporting industries reached 7.37 billion yuan, and new sales revenue was 13.455 billion yuan.

At present, Guangrao County rubber tire industry has formed a relatively complete industrial chain with wheels, tire molds, capsules, vulcanizers, carbon black, steel cords, and cord fabrics. The tire products of the five companies in the county have been awarded the title of "Shandong Famous Brand Products" and Shengtai Group's "Three A" trademark has been awarded the title of "China Famous Brand".