On January 6 and 13, 2016, China's two major national brand tire companies - Triangle Tire and Linglong Tire's successive initial public offering applications (IPO) passed the audit of the China Securities Regulatory Commission.
Triangle Tire Initial Public Offering Application (IPO) Approved by China Securities Regulatory Commission's Issuing Committee
Within a week, the two companies in the same industry successfully met and gave us a good start to the start of the 2016 China tire industry.
There are many similarities between the two companies, both from Shandong and the top two rubber companies in Shandong Province. In the 2015 annual list of 75 global tires, the number of triangular tires ranked 15 and exquisite tires ranked at 20; 40 years of history.
Standing at a new starting point, the two national tire companies have shouldered the heavy burden of building a strong rubber industry, through the landing of the capital market, will raise funds for the construction of products and projects of international standards, leading the Chinese tire industry to achieve higher goals.
The Chinese like to enjoy good things in pairs, so it's not even better one after another! Who will be the "third party" of the tire industry IPO this year?
Perhaps Jiangsu General Technology Co., Ltd. located in Wuxi, Jiangsu Province is the fastest. The company's manuscript has been accepted by the SFC's issuing and examining committee, and relevant feedback has been received. The first two moves have been completed and only the pre-disclosure prospectus is waiting for. , it will only be a matter of time. At present, no other company in the tire industry has filed for listing and has been accepted.
As we all know, in addition to tires in China's rubber industry, there are many non-tire rubber products companies. At present, there are five companies that have received the manuscript.
They are Zhejiang 3D Rubber Products Co., Ltd., Sichuan Chuanhuan Technology Co., Ltd., Zhejiang Xiantong Rubber & Plastic Co., Ltd., Huaao Tire Equipment Technology (Suzhou) Co., Ltd., and Zhejiang Tiantie Industry Co., Ltd.
Except Huamao Tire Equipment Technology (Suzhou) Co., Ltd., which is a rubber machinery enterprise, the other four companies are non-tire rubber products enterprises.
Among them, Zhejiang Three-Dimensional, Zhejiang Xiantong, and Zhejiang Tiantie are located in Sanmen, Xianju and Tiantai in Taizhou City, Zhejiang Province. If all of them are listed, then a listed company in three rubber industries in a prefecture-level city will be the industry. Greater happiness.
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