TU-TESL

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2019 is about to pass, and the global tire industry has another rough and tortuous year. This year, some of the well-known old manufacturers have lost track; in this year, those tire industry giants still have not stopped expanding. Focus on 2019. What are the asset changes in the tire industry in this year? Tire world network has made an inventory of this. In May 2019, the media revealed that Zhongce Rubber Group Co., Ltd. plans to sell 57% of its shares. On June 3, Hangzhou fork Group Co., Ltd. and Hangzhou giant star Technology Co., Ltd. issued a draft of acquisition of Zhongce's shares. Qiu Jianping, chairman of superstar group, is the actual controller of both enterprises. On October 23, the two companies jointly funded the establishment of Zhongce Haichao, which spent 5.8 billion yuan to acquire 46.95% of the equity of Zhongce Rubber, becoming the largest shareholder of the latter. This marks that China's largest tire manufacturer in terms of production and sales has officially changed hands to Qiu Jianping. In 2019, the assets of domestic tire enterprises change frequently, and the actions of foreign tire companies are not small. Just across the door of the new year, the Swedish agricultural tire giant Trelleborg, opened the "pop buy" mode. The company has invested heavily in the acquisition of pneus ICM, Canada's second largest industrial tire distributor, to expand its distribution network. Only two months later, they took over two more Italian agricultural tire companies to further expand the market. Trelleborg said that these acquisitions are an important step in its market segmentation strategy. At the same time, Michelin tire, which is not far away from us, is also moving. They bought 80% of Indonesia's tire maker multistrada for $439 million. The success of this acquisition means the competition between Michelin and Hantai tire in the Asian market, further upgrading. Previously, both sides had their own tire production bases in the region. But this time, their eyes clearly see further. Prometeon tire is a holding subsidiary of China chemical rubber, which has been responsible for Pirelli's industrial tire business. Since 2017, aeolian tire has been trying to restructure with it, but it finally stopped because it was not approved by relevant national departments. In September this year, it was reported that Unocal haoma tire had signed an exclusive agreement with it, pushing the negotiation to the later stage. The Japanese company, which is expected to acquire four overseas industrial tire plants at prometeon, is based in Brazil, Egypt and Turkey,. On June 10, 2018, with the sound of a hammer, all the steel tire production lines of guopeng rubber began to be auctioned. Established in 2013, this well-known tire enterprise in Shandong finally came to an end. On January 4, 2019, the people's Court of Shouguang City, Shandong Province ruled that Shandong guopeng Rubber Co., Ltd. was bankrupt. On August 27, the company's overall assets were bought by Zhao Jianbin, a well-known tire man, for 167.9 million yuan. That month, a new enterprise, Shandong Yousheng Tire Co., Ltd., was born on the site of guopeng rubber. In 2016, Yongtai Group Co., Ltd., which had problems in the capital chain, finally collapsed in 2018. After its bankruptcy and liquidation, what remains is a ups and downs of the acquisition drama. After several rounds of competition, the curtain of the play didn't officially fall until August 2019. Shandong haibeide Rubber Co., Ltd. invested 254 million yuan and finally won Yongtai group. The power behind this company is Huasheng Group, which has cooperated with Yongtai before. In November 2015, Shandong Hengyu Rubber Co., Ltd. issued a statement to counter the rumors of "bankruptcy". Three years later, the rumor came true, and Hengyu rubber applied for bankruptcy and reorganization to the people's Court of Guangrao County. As an old tire manufacturer, Hengyu rubber's tire production line was soon watched by all the companies. In 2019, Hengyu group was finally divided into three parts. Among them, Hengyu rubber belongs to Yongsheng group. Hengyu technology's half steel tire production line and all steel tire production line belong to Qingdao Shuangxing and Huasheng rubber. The tire industry has always been a highly competitive field. Some people succeed and some fail. After struggling for three years, the Ogori tire is finally unable to return to the sky. On September 24, the old manufacturer, which was in the limelight at that time, was officially declared bankrupt by the court of Dongying City, Shandong Province. As we step into the dust of history, there are 16 companies such as Ogori wheel, Ogori international trade, etc.