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Linglong Tire Becomes Official Global Partner of Chelsea Football Club
shandong linglong tyre (601966.SH): The capacity of the Serbian factory is currently ramping up rapidly, with a high overall production and sales rate.
Longmarch Tyre (601966.SH) expressed on the investor interaction platform on September 4th that the company's Serbia factory is currently ramping up production capacity rapidly, with high overall production and sales rates. As production capacity is rapidly being released, the profitability is gradually improving. Please pay attention to the company's subsequent periodic reports for specific profit situation. Since the launch of the new Longmarch Master series, sales have been maintaining good growth with positive market feedback. In terms of steel, the company will adjust sales strategy based on market conditions combined with the new Longmarch Terminator series, striving to increase sales. In terms of matching, the company focuses on matching high-end brands + medium and high-end models + medium and high-end product ratios.
Tire semi-annual report inventory: strong demand, outstanding performance, continue to expand overseas market.
① Among the 9 listed companies in the tire industry, 8 companies have achieved growth in net income in the first half of this year due to strong market demand; ② Top companies in the industry, such as Sailun Group, Linglong Tyre, and Jiangsu General Science Technology, will continue to expand overseas production capacity in 2024 to meet the high overseas demand.
West Securities: The recovery of downstream auto industry sales drives tire demand. Semi-steel tire capacity utilization is high.
The sales of the downstream automobile industry rebounded, driving the demand for tires; the prices of upstream raw materials are fluctuating and rising, and marine transportation costs are high, putting pressure on the cost side of tire companies; the operating rate of semi-steel tires is high, while the operating rate of all-steel tires has declined.
Private Companies Among Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Largest Shareholders, Saw Gain in Holdings Value After Stock Jumped 3.1% Last Week
Shandong Linglong Tyre Co.,Ltd. Just Missed Revenue By 18%: Here's What Analysts Think Will Happen Next
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