On November 8th, Xianning City, Hubei Province held a concentrated start of major projects in the fourth quarter of 2019. 106 key projects such as Jiashun Tire started construction. According to reports, Jiashun Tire had an annual output of 3 million all-steel tires project with a total investment of 2 billion yuan.
  The construction of the project will help the company to increase its production capacity and research and development capabilities, further enhance its core competitiveness and profitability, and ultimately achieve sustainable and stable development of the company.
  The company was founded in July 2019 and was a new company that had just been established for several months. On October 10 this year, this new tire project was announced for the second environmental impact assessment.
  In addition, “Jiashun” is one of the main brands of all-steel tires of Aulice tires. The construction of the project will help the company to increase its production capacity and research and development capabilities, further enhance its core competitiveness and profitability, and ultimately achieve sustainable and stable development of the company.
  It was reported that Hubei Aulice was established in April 2012. The company's main products are all-steel radial truck tires such as “Tengjinlong” and “Jiashun”.The current production capacity is 2.4 million per year. The company also stated that it would form an annual production capacity of 12 million passenger car radial tires.
(R-11)