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Shandong Linglong Tyre (601966.SH): The company's domestic retail products had a price increase once each in October and November.
Gelonghui, November 20th | shandong linglong tyre (601966.SH) stated on the investor interaction platform: 1. The company's domestic retail products were raised once in October and November respectively, and the price increase was smooth. 2. Currently, the prices of major raw materials in the market have slightly increased compared to the third quarter. 3. Serbia does not enjoy the most favored nation treatment from the usa and enjoys a ten-year tax exemption policy. 4. Since linglong serbia factory started production, it has passed the review of more than a dozen well-known OEMs such as Volkswagen, Nissan, Ford, Audi logistics, Hyundai, BMW, etc. It is currently closely cooperating with Audi, BMW, Ford, Volkswagen, and other main OEMs and has multiple models of cars in production.
shandong linglong tyre (601966.SH): has matched the spare tires of BMW 2 Series and Audi A3.
Gelonghui, November 20, shandong linglong tyre (601966.SH) stated on the investor interaction platform that the company has provided spare tires for the BMW 2 Series and Audi A3.
Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Business And Shares Still Trailing The Market
Sinolink: The trend of rising in the east and falling in the west still exists, and domestic tire enterprises are beginning to differentiate.
The domestic semi-steel tire and an all-steel tire start have shown significant differentiation. The monthly start rate of semi-steel tires in China has been maintained at close to 80% since March, while the monthly start rate of all-steel tires has fluctuated below 60% between May and October.
Shandong Linglong Tyre: Profit improvement from jiegoutiaozheng in product structure Northern America income accounts for approximately 18% | Directly covering earnings conference
1. The product structure is improving, coupled with the overseas second base achieving profitability, Shandong Linglong Tyre's revenue and gross profit for the first three quarters of this year have both achieved growth; 2. Wang Feng, the chairman and CEO of the company, stated that in the first three quarters of 2024, North American revenue accounted for around 18% of total revenue, and the company will actively explore overseas markets in the future and accelerate the selection of the location for the overseas third base.
shandong linglong tyre (601966.SH): The company has already conducted business exchanges with Tesla.
Gelonghui November 8th | shandong linglong tyre (601966.SH) stated on the investor interaction platform that the company has already conducted business exchanges with Tesla, and various work is steadily progressing, but not yet in place.
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