On Dec 17th, the 2020 Annual Purchasing Meeting of Jiangling Motors Co., Ltd. was held in Nanchang, Jiangxi Province. The theme of the meeting is "To Join Hands And Win With Quality". It aims to recognize the suppliers who have made outstanding contributions this year. Prinx Chengshan won the 2020 Excellent Supplier Award in this meeting.…

On November 16th, the event of "Best Listed Company in Asia-Pacific • 2020" organized by Gelonghui was held in Chengdu, Sichuan province. Prinx Chengshan was invited and won the "2020 Best Brand Value Award", together with Country Garden, Rongshine Group, Nio, Tongcheng Elong and other well-known enterprises.…

On October 14th, the event of "Gathering New Journey - Creating Wealth in China" jointly sponsored by Prinx Chengshan, Jingdong Logistics and China Automotive brothers ended successfully in Wuhan. As an event partner, Prinx Chengshan once again brought its brand, Chengshan tire, to interact closely with truck drivers after the Xi'an event held in September.…

On Sep 19th, Prinx Chengshan was invited to attend the 2020 Partner Conference of Dongfeng Vasol Truck, and was selected as "2020 excellent strategic cooperation supplier".

On Sep 18, the event of "Gathering New Journey - Creating Wealth in China" jointly sponsored by Jing Dong Logistics and China Automotive Brothers landed in Xi'an. As event partner, Prinx Chengshan and its brand Chengshan Tire interacted closely with truck drivers and aimed to help them create more wealth.…

Due to increase in net profit forecast, we have lifted TP to HK$9.30 and kept investment rating as "Accumulate", representing 6.5x 2021 PER and 5.5x 2022 PER.

Revenue amounted to approximately RMB2,844.0 million, representing a decrease of 1.0% over the same period last year Gross profit amounted to approximately RMB 606.3 million, representing an increase of approximately 9.9% over the same period last year Profit attributable to the shareholders was RMB 265.2 million, representing an increase of approximately 1.6% over the same period last year…

On August 22, Prinx Tire, as the designated tire brand, showed up in the first Ali Automobile Festival Live Carnival. During the activity, Prinx Tire was mounted to Cadillac, Tesla, Mercedes Benz and other well-known brands of cars and showed excellent performance.…

In the 17th World Brand Summit, hosted by World Brand Lab, held in Beijing on August 5, released the analysis report of the China’s 500 most valuable brands of 2020. In this annual report, Chengshan brand from Prinx Chengshan (Shandong) Tire Company LTD. was awarded as one of "the China’s 500 most valuable brands in 2020" with brand value 29.269 billion CNY, ranking 230th.…

On July 29th, the 1st International Quality Festival, jointly sponsored by Syobserve and many famous domestic financial and economic media, was held in Tianjin. Leading enterprises, experts and media from all over the country attended the grand meeting to share views and discuss the development of high quality manufacture. In the festival, Prinx Chengshan won the "2020 Outstanding Enterprise Award”, together with Hisense Hitachi, Fuxing Med…