OTR tyremaker Huitong transitions to new ownership
Huitong’s mould workshop. The Zaozhuang Mining Group, Shandong Geo-Mineral, Yankuang Group and Shandong Energy Group mentioned in the article are all state-owned enterprises. (Photo: Huitong)
On 14 June 2022 Hou Yugang, chairman of Zaozhuang Mining Group, went to Zhongxing Huitong Tire for research purposes. During his public speech, Hou Yugang affirmed that Zaozhuang Mining Group’s takeover of OTR tyre specialist Huitong had transitioned smoothly following the transfer of equity.
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