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Four Tire Companies Enlisted in China's Top 100 Private Firms

The 2016 China Petrolem and Chemical Top 100 Private Enterprises Press Conference & Internationalization Forum was held on Nov. 26 in Linyi, Shandong province.

The conference was held by the working committee of small- and medium-sized enterprises, China Petroleum and Chemical Industry Federation.

A total of four tire producers are among the top 100 private enterprises in the petroleum and chemical industry.

They are Sailun Jinyu Group Co., Ltd., Shandong Linglong Tire Co., Ltd., Chengshan Group Co., Ltd. and Ningxia Dadi Circular Development Corp. Ltd.

In 2016, the main business revenues of the top 100 private companies in the petroleum and chemical industry totaled 1.03 trillion yuan, their total assets are 1.05 trillion yuan, and the profits amounted to 57.14 billion yuan.

Tireworld