Top three Chinese tire companies in overseas revenue

Recently, Xu Wenying, president of the China Rubber Industry Association, gave a keynote speech at the Sino-Foreign tire industry Cooperation and Development Forum.

With detailed data, she introduced the current development of Chinese tire enterprises. According to statistics, in 2022, Zhongce Rubber has become the first in China with a revenue of 29 billion yuan. The top three tire companies in terms of revenue also rank among the top three in terms of overseas revenue.

Among them, Sailun Group's overseas revenue ranks first, followed by Zhongce Rubber and Linglong Tires. Sailun also relied on the high growth of overseas markets, and its revenue increased by 25.4% year-on-year in 2021.

This data is the highest among the top ten tire companies in China. In addition to the race round, the fastest growing enterprises also have Senkirin tires, an increase of 21.5%; Shandong Jinyu Tire increased by 38.1%, and Chaoyang Langma increased by 40.9%.

It can be seen that tire companies with large revenue growth have made achievements in overseas markets. Looking ahead to 2024, the growth figures can represent the staying power of these companies. Xu Wenying also pointed out that China's tire industry should continue to work hard to learn from international tire giants.

Article source:www.tireworld.com.cn