Tire World Network recently learned that the first overseas factory of Zhengdao Tire Co., Ltd. has preliminarily completed the site selection work in Cambodia.
At present, this company has obtained the certificate issued by the Ministry of Commerce.
In the later stage, it is expected to invest more than 2 billion yuan to build a production base, which is responsible for tire production and overseas market expansion.
It is understood that at the beginning of 2024, Zhengdao Tire intends to invest in Cambodia to build a factory.
After understanding the situation, the local tax department actively communicates with the commerce department and determines a special person to follow up;
Sort out the list of materials such as overseas investment filing, "going out" tax guidelines and so on.
At the same time, we provide full-cycle services at key nodes such as pre-project research and preparation for landing.
The relevant person in charge of the company said that the door-to-door counseling of the tax department injected a "booster" into them.
With the precise tax policy, we are full of confidence in the next investment, factory construction, production and operation.
Right Way Tire plans to establish Right Way Tire (Cambodia) Co., Ltd. to build a new plant.
The designed annual production capacity of the plant is 6 million sets of semi-steel tires and 1.2 million sets of all-steel tires.
According to the data, in May 2018, Weifang Huadong Rubber Co., Ltd. acquired Longyue Rubber and changed its name to Zhengdao Tire.
Sui Haiping is the legal representative of Zhengdao Tire, and Wang Fang is its actual controller.