Shandong Daye (SH:603278) Qi Lu Wan Bao Wang·2025-09-03 14:31Core Viewpoint - The approval and release of the ISO16650:2025 international standard for tire bead wire, led by Shandong Daye Co., Ltd., marks China's first leadership in establishing international standards in this field, enhancing the global influence of "Made in China" in rubber framework materials [1][4]. Group 1: Standard Development - The international standard was developed over two years, incorporating over 20 years of technological expertise from the company in the tire bead wire sector [1]. - The revised standard includes innovative updates such as new tensile strength control requirements and the introduction of formula calculations for different strength levels [3]. - The standard integrates millions of production and testing data and multiple patented technologies, aligning with global tire industry demands for lightweight, low rolling resistance, and high durability [3]. Group 2: Company Position and Future Plans - As one of the largest tire bead wire manufacturers globally, the company holds over 35% of the domestic market share and nearly 20% of the global market, serving hundreds of medium and large clients [4]. - The company has participated in the development of 21 international and national standards and holds 259 patent authorizations, showcasing its technical strength and industry position [4]. - The company aims to lead the tire bead wire industry towards sustainable development by researching recyclable materials and has set ambitious goals to achieve a total production capacity of 1.6 million tons and sales revenue of 12 billion yuan by 2030 [4].