On May 15, the 2024 dealer conference of Zhengdao Tire Co., Ltd. was held in Weifang, Shandong.
At the meeting, Sui Haiping, general manager of Zhengdao Tire, delivered a speech.
He said that in 2023, the group's companies have achieved good results, and their output has increased significantly.
This year, they began planning to build a Jeong-Do Cambodia factory.
It is understood that the Cambodian factory of HK Road is its first overseas production base planned.
The base is expected to invest more than 2 billion yuan, with a total designed annual production capacity of 7.2 million pieces.
Among them, 6 million semi-steel tires and 1.2 million all-steel tires.
This company has obtained a certificate issued by the Ministry of Commerce.
According to the data, in May 2018, Weifang Huadong Rubber acquired Longyue Rubber and changed its name to Zhengdao Tire.
At present, the company has formed an annual production capacity of 20 million sets of high-performance semi-steel tires and 1.8 million sets of all-steel tires.