TRIANGLE TYRE(SH:601163) Xin Lang Cai Jing·2026-01-15 14:14Core Viewpoint - Triangle Tire Co., Ltd. announced a significant investment plan to build a new factory in Cambodia, which is a key step in its globalization strategy [1][11]. Group 1: Investment Details - The total investment for the new factory in Cambodia's Chhay Chhay Province is 3.219 billion yuan, with construction expected to start in March 2026 [3][13]. - The designed annual production capacity of the factory will be 6 million semi-steel tires and 1 million full-steel tires [3][13]. Group 2: Financial Projections - Once completed, the factory is projected to generate an average annual revenue of approximately 2.585 billion yuan [5][15]. - The expected return on investment is estimated to reach 15.1% [5][15]. Group 3: Market Focus - The project will primarily target markets in North America, Europe, the Middle East, Africa, and Southeast Asia, where demand is currently growing steadily [7][17]. Group 4: Strategic Advantages - The factory's location will help effectively avoid trade barriers and enhance export competitiveness [9][19]. - The project will utilize tire manufacturing technology independently developed by Triangle Tire, ensuring product quality meets international advanced standards [9][19]. Group 5: Alignment with National Initiatives - This investment aligns with the national "going out" strategy and the Belt and Road Initiative, significantly enhancing Triangle Tire's overall revenue scale and profitability [11][21]. - The global production layout will further improve the company's competitiveness on a global scale [21].