Dubai, United Arab Emirates, June 10-12 - Recently, Prinx Chengshan, one of the world leading tire manufacturer, showed up on Automechanika Dubai 2019. Automechanika Dubai is the largest and most professional auto parts exhibition in the Middle East.
On May 22th to May 26th, Prinx Chengshan (Shandong) Tire Company Ltd (1809.HK) introduced and exhibited four tire bands（ “Prinx”“Chengshan”“Austone”“Fortune”）proudly at Autopromotec 2019 in Bologna. Established in the 1960s, the Autopromotec is held every two years, alternating with the Messe Essen. It is the largest auto parts and tires exhibition in Europe and one of the most influential exhibitions to expand the European auto parts sales channels.
Recently, Prinx Chengshan (Qingdao) Industrial Research and Design Company Ltd，AKA Prinx Chengshan Qingdao R&D Center，successfully passed the on-site audit of the GB/T 29490-2013 intellectual property management system of Zhongzhi (Beijing) Certification Co., Ltd., and was issued the certificate of intellectual property management system.
Recently, Prinx Chengshan（Shandong）Tire Company LTD. and Tsinghua University cooperated in the field of tire NVH research to improve the design capability and professional level of Prinx Chengshan low noise tire.
More than 400,000 square meters of Prinx Chengshan overseas new factory will manufacture all-steel radial and semi-steel radial tires after completion, aiming to better meet the pleasant travel experience for users around the world.
March 19-21, 2019 Tyrexpo Asia come to an end, Prinx Chengshan bring its "Prinx", “Chengshan" and "Austone", "Fortune" four major brands appearance, covering many categories of all-steel radial tires and semi-steel radial tires, etc., demonstrate excellent performance products to consumers around the world , as well as to provide users with more diverse travel options.
Revenue amounted to approximately RMB5,206.1 million, representing an increase of 7.6% over the same period last year
Gross profit amounted to approximately RMB1,003.1 million, representing a growth of approximately 30.5%
Profit attributable to the shareholders was RMB478.6 million
On October 9, 2018, Prinx Chengshan officially landed in the Hong Kong capital market, listed on the main board of the Hong Kong Stock Exchange, the stock code is 1809.HK. As a famous tire enterprise from China, Prinx Chengshan continuously innovated new technologies, relying on its own research and development strength to promote the development of the industry and the optimization and upgrading of the industry.