目前，全球轮胎产业已经形成以大型跨国企业为主导的高度密集型产业群，头部优势明显。近年来，我国轮胎企业发展迅速，成为全球轮胎生产的重要力量，但在高端乘用车轮胎市场与国际知名品牌仍有一定差距。On February 13, Zhongce Rubber Group Co., Ltd. (referred to as: Zhongce Rubber) was approved in the listing committee meeting of the Shanghai Stock Exchange Main Board. The sponsor for this IPO is China Securities Co., Ltd., intending to raise 4.85 billion yuan.
According to Zhito Finance APP, on February 13, Zhongce Rubber Group Co., Ltd. (referred to as: Zhongce Rubber) passed the listing committee meeting on the Main Board of the Shanghai Stock Exchange. The sponsor for this IPO is China Securities Co., Ltd., aiming to raise 4.85 billion yuan.
The prospectus shows that Zhongce Rubber mainly engages in the research and development, production, and sales of tire products such as all-steel tires, semi-steel tires, bias tires, and car tires. Since its establishment, the company has been committed to providing diverse tire products that are high-quality, high-performance, and energy-saving to domestic and international consumers, mainly including all-steel tires, semi-steel tires, bias tires, and car tires. The company has several well-known domestic and international brands such as 'Chaoyang', 'Good Luck', 'Weishi', 'Quanno', 'Yadu', 'Jinguang', 'Westlake', 'Goodride', 'Chaoyang', 'Trazano', etc. Relying on a strong and complete domestic and foreign multi-dimensional marketing network, the company's tire products cover most provinces and cities across the country and are exported to most countries and regions globally, including Europe, the Americas, Africa, Oceania, Southeast Asia, and the Middle East.
Currently, the global tire industry has formed a highly concentrated industrial cluster dominated by large multinational enterprises, with significant advantages for leading firms. In recent years, tire enterprises in China have developed rapidly, becoming an important force in global tire production; however, there is still a considerable gap in the high-end passenger vehicle tire market compared to internationally renowned brands.
Zhongce Rubber is one of the largest tire manufacturing enterprises in terms of sales scale in the country and continuously develops to become a well-known enterprise in the global tire industry. The company ranked first in the '2024 Annual Ranking of Chinese Tire Enterprises' published by the China Rubber Industry Association, and also ranks among the top ten global tire manufacturers in the '2024 Global Annual Tire Report' by Tire Business magazine in the USA.
In terms of finance, for the fiscal years 2021, 2022, 2023, and the first half of 2024, Zhongce Rubber achieved revenue of approximately 30.601 billion yuan, 31.889 billion yuan, 35.252 billion yuan, and 18.518 billion yuan, respectively; during the same period, the company achieved net income of approximately 1.375 billion yuan, 1.225 billion yuan, 2.638 billion yuan, and 2.54 billion yuan, respectively.
