Key domestic enterprises hold up the stable development of the tire industry

Since the beginning of this year, major raw materials such as natural rubber and synthetic rubber have continued to soar, the international market has been in a downturn, the exchange rate of the renminbi has changed, and the wages of workers have been adjusted upwards. Many factors have been confusing, and the situation of tire production has been grim.

The tire industry insists on optimizing the product structure, speeding up the transformation of the economic growth mode, and making every effort to avoid the ups and downs of production and avoiding a substantial decline in economic efficiency. It should be said that the results are obvious. Among them, domestic-funded enterprises, including state-owned, state-controlled enterprises and private enterprises, especially large corporations and large corporations, have played a key role.

From January to June, according to statistics of 45 large and medium-sized tire companies that accounted for more than 70% of the country's total tire production, the tire production of the China Rubber Industry Association reported a 12% increase in total tire production compared with the same period last year, with the radial tire increasing by 19.9%. Although the growth rate dropped by 7.9 and 8 percentage points respectively, due to the large scale of production, this growth rate is still normal.

In the first half of the year to maintain the stable operation of the tire industry economy, the situation of domestic and foreign-funded enterprises varies. In the first half of the year, the total output of tires by domestic-funded enterprises increased by 16.7%, a year-on-year decrease of 7.3%; foreign-funded enterprises increased by 7.1%, a year-on-year decrease of 8.6 percentage points. Among them, domestic enterprises with radial tires increased by 34%, a year-on-year decline of 8.9%, but the radialization rate reached 72.5%, a net increase of 10.5 percentage points from the same period of last year, and the slaughter of births decreased by 14.9%; while the total output of foreign-funded enterprises rose by 8.6. %, down 9.3% year-on-year. Biased tires were roughly flat with the same period of last year.

As an important all-steel radial tire in the tire industry, the total output increased by 32.3% over the same period of last year, and was a 3% increase over the same period last year. Among them, the output of domestic-funded enterprises increased by 34.3%, a year-on-year increase of 5.5 percentage points; foreign-funded enterprises increased by 26.3%, a decrease of 4.7 percentage points.

Tire outlets are not the same. The total export volume of 45 tire exports increased by 10.5%, domestic-funded enterprises increased by 15.7%, and foreign-funded enterprises increased by 5.5%. The total exports of radial tire exports increased by 14.4%, domestic-funded enterprises increased by 23.7%, and foreign-funded enterprises increased by 5.7%.

There are also differences in business benefits. In the first half of the year, the total sales revenue of 45 tires increased by 22.2%, down 8.6 percentage points; of which domestic-funded enterprises increased by 27%, and foreign-funded enterprises increased by 12.3%.

The market economy is characterized by organizing production and effective supply according to market demand. It should be said that in the predicament, domestic-funded enterprises insist on product upgrading, persist in brand cultivation, and insist on changing the mode of economic growth, with outstanding results. At present, the state requires the operation of the national economy and it must maintain stable and rapid development. In the second half of the year, domestic companies will continue to make new contributions to the entire economic and social development.

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Dongguan Jinzhuang Hydraulic Technology Co., Ltd. , https://www.jinzhuanghydraulic.com