Shandong Changfeng Tire, Shandong Xingyuan International Trade, and Shandong Jinyu Industrial Habitat Dongying Export were among the top three, respectively, completing exports of 1.22 billion yuan, 869 million yuan, 655 million yuan, which together accounted for 21% of the city's exports.
Super-average level of May tire exports in Dongying, Shandong Province
Dongying's May Tire Export Volume Exceeds Average Level in Exporting Enterprises
The reporter learned that in the ranking of export companies, Jinyu Industrial has replaced the position of Hengfeng Rubber & Plastics.
In the first four months of 2017, the top three Dongying tires were Changfeng Tire, Xingyuan International, and Hengfeng Rubber. Among them, Hengfeng Rubber and Plastics exported 568 million yuan in January-April.
It is worth noting that, in May, Changfeng Tire's export value was as high as 443 million yuan, and the second Hing-yuan International (May export value of 164 million yuan) was far behind.
Driven by Changfeng, Dongying tire exports in May reached 1.578 billion yuan, higher than the monthly average.
According to industry insiders, Changfeng Tire’s export business will continue to outperform other companies if it maintains this momentum, but its long-term maintenance of such a large export volume is less likely.
Changfeng Tire and Hengfeng Rubber and Plastic are both in Guangrao County of Dongying City and have joint investors.
The rubber tire industry is the largest pillar industry in Dongying City. In 2016, the import and export volume of rubber tire products in the city reached more than 18 billion yuan.
In order to promote the export of tire products, the local government has done a lot.
They set up an export tire quality and safety demonstration zone in Guangrao County, and rely on the demonstration zone to create the China Export Tire Quality and Technology Promotion Committee, as well as a research and evaluation base for tire product technical trade measures.
In addition to the above-mentioned enterprises, Wanda Baotong and Yongsheng Rubber are among the top three local tire exporters.
Due to the “double opposition†of semi-steel tires from China, Yongsheng Rubber was subject to punitive tariffs and its exports were severely hampered. Since then, it has never been on the list.
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