Sailun Group to Invest More Than $93 Million for Tire Expansion Project, Capital Increase; Shares Up 3%

MT NewswiresJan 6 22:43 ET

Sailun Group: Expanding all-steel tire capacity in Cambodia for sales to North America and the Cambodian market | Quick read announcement

①Sailun Group announced tonight that it plans to expand its full steel tire production capacity in Cambodia, increasing its market share in the North American market and the local Cambodian market; ②According to an interview with a reporter from the Financial Connection, the company has a high market share of full steel tires locally.

cls.cnJan 6 07:28 ET

Sailun Group (601058.SH): Plans to invest in the "Cambodia all-steel radial tire expansion project" and increase capital for related subsidiaries.

Gelonghui January 6丨Sailun Group (601058.SH) announced that CART TIRE CO., LTD. (hereinafter referred to as "CART TIRE") is a wholly-owned subsidiary established by the company overseas in Cambodia, mainly engaged in the production and Operation of tire products, and is also the first tire manufacturing enterprise in Cambodia. The CART TIRE project for an annual output of 9 million semi-steel radial tires, the project for an annual output of 12 million semi-steel radial tires, and the project for an annual output of 1.65 million steel radial tires have all achieved mass production Operation. To better meet

Gelonghui FinanceJan 6 04:00 ET

Sailun Group (601058.SH): Ruiyuan Dingshi has cumulatively increased its shareholding in the company by 1.78%.

Sailun Group (601058.SH) announced that from November 18, 2024, to January 3, 2025...

Zhitong FinanceJan 5 02:40 ET

Investors in Sailun Group (SHSE:601058) Have Seen Impressive Returns of 257% Over the Past Five Years

Simply Wall StDec 30, 2024 19:45 ET

Is Sailun Group (SHSE:601058) A Risky Investment?

Simply Wall StDec 17, 2024 02:04 ET