On July 16, Triangle Tire Co., Ltd. answered investors’ questions. 
  The company said that the plants of Huamao second district and Huayang branch has been completed.
  It’s reported that the second district of Huamao branch has a commercial vehicle tire project. The first phase of the project was put into operation in December 2015 and it is currently in full production. The second phase of the project is expected to be commissioned before the end of 2018.
  Huayang branch has a passenger car tire project. The first phase was put into operation in April 2016 and is currently in full production. The second phase of the project is also expected to be commissioned before the end of 2018.
  In addition to Huamao branch and Huayang branch, Triangle Tire also answered many questions such as raw material purchase channels and US factory plan.
  The natural rubber that the tire manufacturer needs in the production process is mainly from Thailand and other high quality rubber producing areas. Synthetic rubber, steel cord and other framework materials are mainly purchased from domestic and foreign long-term strategic partners, such as Arlanxeo, Sinopec and Jiangsu Xingda. Other raw materials are mainly domestic procurement while imports are subsidiary.