From July 31 to August 2, 2024, the 2024 Latin Auto Parts Expo & Latin American Caribbean Tyre (hereinafter referred to as the "Latin Tyre Expo") kicked off at the Amador Convention Center in Panama. Prinx Chengshan made a stunning debut with its numerous high-performance products, including Prinx, Chengshan, Austone, and Fortune. Together with users and partners in Latin America, it witnessed the Company's technological innovation and research and development achievements in the fields of commercial, passenger, and special tyres, which sparked a warm response with outstanding performance products and high-quality services.
As a tyre manufacturing enterprise serving six continents worldwide, Prinx Chengshan has deeply cultivated the market in Latin America for many years, with a formidable technical foundation and a professional and extensive service network. Latin America and the Caribbean, as an important emerging market globally, have experienced rapid industrial development and an increasing number of car ownership each year. At this Latin Tyre Expo, Prinx Chengshan has elaborately created a full range of product lines covering various usage scenarios such as medium and long-distance travel, mining areas, and cities, in response to the complex road conditions and climate, as well as the high tyre wear rate in the region, to highly adapt to the needs of localized users.
In terms of commercial tyres, high-performance commercial tyres such as FH123, AR603, and C901 have become hot products of concern to the attendees. Among them, FH123 (a specialized product for long-distance guide wheel position under good road conditions) has excellent quality of high wear resistance and high load-bearing capacity; AR603 (a green tyre with ultra-high mileage) has passed both the performance testing on snow surfaces and the TüV MARK quality certification, integrating resistance to eccentric wear, low rolling resistance, low noise, resistance to wet sliding, and fuel efficiency; and C901 (special tyre for electric bus) has achieved high mileage, high durability, and intelligence through innovative tyre formulations, with a mileage of electric bus reaching 104% of benchmark products in the industry. In addition, ET01, a high-performance off-road tyre for wide-body mining vehicles that was unveiled together, features widened and deepened transverse tread grooves and unique structural design, providing excellent traction, grip, toughness, and puncture resistance, and once again proving the Company's outstanding product strength.
In the field of passenger car tyres, its Prinx new energy series tyre XNEX SPORT EV has won three internationally renowned industrial design awards, namely Italy's A'DESIGN, France's DNA, and the United States' MUSE with their excellent comprehensive performance and eye-catching design; the Chengshan "Hua" series Huaren Plus tyres offers superior handling and comfort, is effectively improved in the resistance of sidewall to ozone aging and fatigue cracking by using the exclusive vantablack sidewall technology, and has won widespread praise in domestic and foreign markets since its launch; and the MASPIRE M/T all terrain off-road tyres have excellent off-road traction and wet braking performance, as well as the unique large pattern design, ensuring that users can drive safely and confidently on various terrains. The eye-catching white sidewall design also attracts attention.
As a leading event in the automotive parts and tyre industry in Latin America, this Expo brings together over 300 top tyre and automotive parts dealers from around the world. Prinx Chengshan's participation in this Expo further demonstrates its confidence and determination to accelerate its international strategic layout and continue to deepen its cultivation in the Latin American market. This has played an important role in enhancing its regional brand influence and strengthening its communication and interaction between users and partners.
