Huafeng Rubber recently released 2017 annual report.
The company said it posted 1.23 billion yuan of operation income in 2017, year-on-year dcreasing 5.26%, and 230 million yuan of deficit, yearly sliding 10%.
Effected by anti-dumping & anti-subsidy started by U.S., Huafeng Rubber (China) and Huafeng Rubber (Suzhou) suffered passenger tire export limited.