Huaxing Wanda announces 90mln yuan of production value

Recently, Huaxing Wanda Tire Co.,Ltd. announced that the company produced 3 million units of butyl rubber tires, 2 million units of flags, which was predicted to reach 90 million yuan of production value in the first quarter.

The company also said that it planned to invest 150 million yuan to build new coke powder production line and motorcycle tire's production line in 2018, which would come into operation in August 2018.

The company said after expand project's completion, the company would reach 17.5 million units of butyl rubber tires, and 13.5 units of flags, which would realize 650 million yuan of production value.

Huaxing Wanda also planned to invest 700 million yuan to build the company into the largest tire production zone in Northeast China in next three years.

Statistics showed that Huaxin Wanda is China's largest daily tire producers, exporting to Russia, India and Pakistan etc.. 

资料显示，华兴万达是全国日产量最大的内胎生产企业，产品出口俄罗斯、印度、巴基斯坦等国家和地区。