Hainan Rubber joins hand with Sailun Tire
2020/4/22 11:28:49Editor：AmandaFont Size：Big Medium Small
Recently, Hainan Rubber signed three-year strategy cooperation with Sailun Tire Co.,Ltd.，and planned to invest 1.088 billion yuan to buy 351 million shares of the latter.
According to the agreement, two companies will cooperate from natural rubber's upstream to downstream via trading, purchasing, technology communication to strengthen cooperation.
They also planned to join hand with each other to develop and invest on new rubber materials and Industrial 4.0.
Sailun Tire is a leading tire manufacturer in China, owning four tire production bases in Qingdao, Dongying, Shenyang and Vietnam.
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