Jiangsu General’s overseas market revenue accounts for more than 80%

Jiangsu General’s revenue and net profit in 2024 were 6.96 billion yuan (about £720 million; €850 million) and 370 million yuan (about £38 million; €45 million) respectively, both of which showed a significant increase year-on-year. The tyre manufacturer attributed the substantial increase in net profit to the macro-level “increase in production and sales in the automotive industry and upward demand in the overseas tyre market” and the micro-level Jiangsu General’s “global marketing network layout, optimisation of production capacity structure, and continuous promotion of lean production”.