Shanghai Huayi Group Corporation Limited
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Shanghai Huayi Group Co., Ltd. was established on June 19, 1990, in accordance with the requirements of the Shanghai Municipal Government's strong alliance and the formation of enterprise groups. In the 1920s, Shanghai Greater China Rubber Factory and Shanghai Zhengtai Rubber Factory, the earliest tire manufacturers in China, established the "Shanghai Tire Rubber (Group) Company". In May 1992, the company became the first listed company in the domestic tire industry to issue AB shares and was renamed as "Shanghai Tire Rubber (Group) Co., Ltd."; In May 2007, in order to further enhance the brand awareness of the group, following the practice of consistency between international and domestic brand names and company names, it was renamed as "Shuangqian Group Co., Ltd."; In August 2016, after the controlling shareholder of the company completed the overall listing, the tire sector was independently established as "Shuangqian Tire Co., Ltd." In July 2017, it was renamed as "Shuangqian Tire Group Co., Ltd. The founders of the company established the national brands "Shuangqian" and "Huili" in China's rubber industry in 1929 and 1935, respectively. By combining imported technology with independent innovation, they developed and manufactured multiple firsts in the Chinese tire industry, nurturing and driving the development of the Chinese tire industry. The company's main products include all steel radial truck tires, all steel radial light truck tires, all steel radial engineering vehicle tires, all steel radial industrial vehicle tires, agricultural radial tires, half steel radial passenger tires, diagonal heavy-duty truck tires, diagonal light truck tires, and diagonal engineering industrial tires. The company has the right to self operate import and export, and its products are sold to more than 100 countries and regions abroad. The domestic market covers various provinces, cities, and autonomous regions. At the same time, it supports more than 30 automobile manufacturers such as CIMC Group, Zhengzhou Yutong, Xiamen Jinlong, Volvo, and enters the original tire market in Europe and America. It also supports trucks, school buses, and engineering machinery vehicles from famous automobile manufacturers such as SCHMITZCARGO, Caterpillar, Autocar, and UtilitYTRAILER, And it has also entered the mainstream European and American markets represented by famous logistics companies such as J.B.HUNT. The company has four major production bases in China, namely Shuangqian Group (Jiangsu) Tire Co., Ltd., which was established in 2004, Shuangqian Group (Chongqing) Tire Co., Ltd., which was established in 2007, Shuangqian Group (Anhui) Huili Tire Co., Ltd., which was established in 2011, and Shuangqian Group (Xinjiang) Kunlun Tire Co., Ltd., which completed control in 2014. The company has a national level technology center and strong technical research and development capabilities. On the basis of introducing and absorbing advanced foreign technologies, it focuses on improving its independent innovation capabilities. There are over 60 specifications and nearly 500 varieties of all steel heavy-duty radial tires, with stable and reliable product quality. The company has passed quality certifications from international authoritative organizations such as the US Department of Transportation (DOT), the Economic Commission for Europe (ECE), and Brazil (INMETRO). In China, it has passed ISO9001 quality system certification, National Compulsory Product Certification (CCC) certification, ISO14001 environmental system certification, and ISO/TS16949 system certification. The company actively implements brand strategy, cultivates and develops independent brands. On the basis of winning the titles of "Shanghai Customer Satisfaction Product", "Shanghai Famous Brand Product", "Shanghai Famous Trademark", and "Top 100 Shanghai Famous Brands" for consecutive years, the "Shuangqian" and "Huili" brands have also won the titles of "Top 10 National Brands in China's Tire Industry", "China Famous Brand Product", "China Famous Trademark", "Top 10 Most Valuable Shanghai Old Trademarks", "China Old Brand", and "Shanghai Export Famous Brand" Honorary titles such as "Shanghai Economic Business Card". Since 2007, TIREREVIEWBRANDSTUDY, an international tire brand evaluation agency, has included the Shuangqian brand in the ranking list ("Shuangqian" is the only brand among all Chinese tire brands on the list). |
| Headquarter | Shanghai |
| Establish Date | 8/5/1992 |
| Listed Code | 600623.SH |
| Listed Date | 12/4/1992 |
| Chairman | Gu Lili. |
| CEO | Qian Zhigang. |
| Website | www.doublecoinholdings.com |
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