On March 18th, the opening ceremony of Jinma Rubber Co., Ltd. was held in Malaysia.  
  It is understood that Jinma Rubber is invested and built by Fullrun Tyre. It is the only tire production plant in Malaysia that is invested by Chinese enterprises. The tire project was put into production at the end of 2018,this was the opening ceremony.
  Mr.Liu Zijin, Chairman of Fullrun Tyre, General Manager Li Hengzhe, Deputy General Manager Liu Ning and Liu Shaowei, and the heads of relevant departments of the Malaysian government attended the opening ceremony.
  After the celebration, Mr. Liu Zijin led the attendees to visit the factory and detailed the production and operation of the company.
  Jinma Rubber is 100% owned by Fullrun Tyre and owns the first all-steel tire production line in Malaysia. The first phase of the project will have an annual production capacity of 3 million semi-steel tires and 500,000 all-steel tires. The follow-up will gradually expand production capacity according to the situation.
  The construction of the tire factory was funded by financial institutions such as Malaysia's UOB, CITIC Bank, Bank of China, and Industrial and Commercial Bank of China.