Chongqing Production Base
Double Coin Group (Chongqing) Tire Ltd
Double Coin Group (Chongqing) Tire Ltd was established on September 26, 2007. It is an important off-site investment project between Huayi Group and Double Coin Company in the western region of my country. The Double Coin Tire Group company, Chongqing Textile Holding (Group) Company, Shanghai Double Coin Tire Sales Ltd, and Huayi Group (Hong Kong) Ltd jointly invested and established the project with a registered capital of 600 million yuan. The company successfully achieved its first set of tires off the production line on August 28, 2008, creating the highest construction speed and efficiency of similar domestic projects. Following the annual production capacity of 1.2 million tires in 2009, additional investment was made in 2010 and 2012, and the project of expanding production by 500,000 and 300,000 sets was completed. In 2016, the company successfully completed the Shanghai capacity transfer project, reaching an annual production scale of 2.5 million pieces.