China Chemical Industry Group (hereinafter referred to as the Group) has the world's fifth largest tire companies - reached agreement Pirelli, Chinese chemical industry will be 7.1 billion euros (about 47.621 billion yuan) Holding this century-old Italian Pirelli (Pirelli) the company. It is reported that Pirelli will split the business into two parts: automobile, motorcycle tires and heavy-duty vehicle tires. The heavy-duty vehicle tires division will merge with China Chemical Holdings’ Aeolus tires , which will double Aeolus’s production volume and make it the world’s largest company. Four truck tire manufacturers. China National Chemical Corporation (abbreviated as China Chemical Industry, abbreviation CHEMCHINA) is approved by the State Council, and is represented in the China National Bluestar (Group) Corporation (abbreviated as Bluestar Corporation) and China Hanhua Chemical (Group) Corporation (referred to as Sinochem Corporation). The state-owned large-scale central enterprise newly established on the basis of the reorganization of the former Ministry of Chemical Industry was formally launched on May 9, 2004 and is under the administration of the State-owned Assets Supervision and Administration Commission of the State Council. China National Chemical Industry is one of the world's top 500 companies and China's largest basic chemical manufacturer. The main businesses of China Chemical Industry include six business segments, chemical new materials and specialty chemicals, basic chemicals, petroleum processing and refining products, agrochemicals, rubber products, and chemical equipment. It has production and research and development bases in 140 countries and regions in the world, and has a complete marketing network system. It has 9 A-share listed companies, 112 production and operation companies, 4 direct management units, 6 overseas companies, and 24 Research institutes and design institutes are national innovative companies. China National Chemical Rubber Corporation is a wholly-owned specialized company of Sinochem Corporation. It is the largest engineering machinery tire manufacturer in China and has many well-known brands such as Fengshen, Huanghai, and Double Happiness and rubber products. Fengshen Tire Co., Ltd. is a national 520 large-scale key enterprise, a large-scale tire manufacturing enterprise in China, a tire export base, and China's top ten brand tires. It has been ranked among the top 25 in the world's tire industry 75 for many consecutive years. The company mainly produces seven major series of more than 400 specifications including "Henan" brand and "Fengshen" brand construction machinery tires, all-steel radial truck tires, bias truck tires, special tires, light truck tires, agricultural tires and military tires. Has a postdoctoral research station and a state-level enterprise technology center. "Aeolus" trademark is a well-known trademark in China. "Aeolus" brand all-steel radial tire is a Chinese brand-name product. Fengshen shares a post-doctoral research station and a state-level enterprise technology center. It presides and participates in the formulation of 27 national standards, and more than 50 specifications of products have filled domestic gaps. "Aeolus" trademark is a well-known trademark in China. The leading product "Aeolus" brand all-steel radial tire tirelessly relies on China's famous brand products. Its products are sold in more than 140 countries and regions in the world. Aeolus brand value continues to increase. It has been ranked as China's 500 Most Valuable Brands by the World Brand Laboratory for 10 consecutive years, and its brand value has reached 8.752 billion yuan. In 2013, it achieved sales revenue of 8.538 billion yuan, realized export earnings of 570 million US dollars, and achieved a net profit of 313 million yuan. In recent years, Aeolus has continuously sponsored various large-scale domestic and international competitions such as Volvo Yacht Race , China Cross Country Rally, Women's World Cup, NBA Toronto Raptors, etc., and strive to expand its brand image overseas. Spinning Reel Series,Lightest Spinning Reel,Fishing Rod And Reel Combo,Saltwater Reel Power Handle CIXI DONGSHANG FISHING TACKLE CO.,LTD. , https://www.dongshangreels.com
Aeolus merges Pirelli truck tires to form the fourth largest tire company in the world