Hailide expanded tire cord fabric
Recently, Zhejiang Hailide New Material Co.,Ltd released its annual 2017 annual report.
The report showed that the company realized 3.186 billion yuan of operation income, year-on-year rising by 24.1%, and 314 million yuan of net profit, yearly increasing 23%.
Tire cord fabric was one of Halide's main products, and also an important profit growth point.
Nowadays, the company could produce 30,000 tons of tire cord fabric every year. Amongst, the company just put 15,000 tons/year of product line into operation in the first half year of 2017.
The company said it will continue expand its tire cord fabric's production during 2018-2019, and plan to reach 60,000 tons/year by the end of 2019.
Zhejiang Hailide New Material Co., Ltd., established in 2001, successfully went into public at the Shenzhen Stock Exchange in January 2008(Stock Code: 002206). Through more than 10 years of arduous efforts, our company has been developed into a National Key High-tech Enterprise, the integrity model enterprise, Green Enterprise, Provincial Research Institute of Technology and Industrial Leading Backbone Enterprise of Zhejiang province, with the integration of scientific research, production as well as marketing.
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