Linglong Tyre(SH:601966) Xin Hua Cai Jing·2025-12-11 08:00Core Viewpoint - Linglong Tire has evolved from a small factory in Zhaoyuan County to a global multinational enterprise over the past 50 years, reflecting the innovation and transformation of Chinese manufacturing [1][2]. Group 1: Company History and Growth - Founded in 1975 as Zhaoyuan County Tire Repair Factory, Linglong Tire faced near closure in 1987 but was revitalized under the leadership of Wang Xicheng, leading to multiple strategic transformations [2]. - The company has expanded its sales network to cover 173 countries and regions, with production bases in China and overseas, including Thailand and Serbia, serving over 70 major automotive manufacturers [2]. - Linglong Tire has supplied over 300 million tires, achieving leading positions in various industry metrics both domestically and globally [2]. Group 2: Innovation and Research - The company prioritizes technological innovation, employing over 2,000 R&D and engineering personnel and establishing a global R&D system across multiple countries [3]. - Linglong Tire has received significant research funding, exceeding 100 million yuan from collaborations with various universities, highlighting its commitment to innovation [2]. - Recent innovations include tires made from 79% sustainable materials, self-healing smart tires, and airless tire technology, showcasing the company's focus on safety and sustainable development [3]. Group 3: Future Goals and Strategic Vision - Linglong Tire aims to transition from a "large enterprise" to a "great enterprise," fostering a global industrial ecosystem that enhances value creation through continuous innovation [3]. - The strategic plan targets an annual production volume of 160 million tires and sales revenue exceeding 80 billion yuan by 2030, positioning the company among the top five in global production capacity [3].