On 4 September the 18th China International Tire Expo (CITExpo) officially opened in Shanghai. Tyrepress China was present and found that many well-known tyre companies, including ZC Rubber, Sailun, Prinx Chengshan, Guizhou Tyre, Doublestar, and Jiangsu General have all made appearances at this exhibition and brought their flagship products.
Sailun Group reports having produced 14.16 million tyres and selling 13.57 million tyres in Q2 2023. During the first half of this year, the company produced 25.68 million tyres, a year-on-year increase of 12.3 per cent. H1 2023 tyre sales amounted to 25.11 million pieces, up 12.3 per cent year-on-year.
In the truck tyre segment, Kirkby Tyres reports that the company continues to “differentiate and invest in quality brands rather than operating at the budget end of the market, which at times is nothing more than a race to the bottom.”
Arnold Clark Autoparts has expanded its network of branches offering tyres to the trade. Tyres can now be ordered from Arnold Clark Autoparts branches at Aberdeen, Bilston, Carlisle, Edinburgh, Glasgow, Inverness, Newcastle, Rugeley, and Wolverhampton.
Together with local distribution partner Bohnenkamp, Sailun Group has become tyre partner of German football club VfL Osnabrück, which currently plays in the second division 2. Bundesliga. Sailun has come on board as a premium partner, while Bohnenkamp and the Maxam brand serve as team partners. This joint arrangement will initially run for three years.
Sailun tyres produced using EcoPoint³ technology have played a role in securing Sany Truck’s place in the Guinness World Records. A Sany Mota 1165 heavy-duty electric truck fitted with Sailun SFL1 tyres in size 12R22.5 18PR broke the record for the longest distance travelled by an electric semi-trailer truck on a single charge.
There are many changes in our latest leading tyre manufacturers ranking. The 2023 table, which lists the world’s leading tyre companies according to their full-year 2022 financial results, particularly highlights the shifts that have taken place this year in the second half of the top 20. Meanwhile, the top nine tyremakers appear to be an increasingly stable group. Between places nine and 10, there is still a gap of some 1 billion euros, something that is clearly hard to overcome for newcomers. However, as insurmountable as it appears, the gap is obviously narrowing.
Recently, two vice presidents of Sailun, Zhou Tianming and Zhu Xiaobing, resigned from their positions due to work adjustments. The two will continue to hold other jobs in Sailun. On 12 June, Sailun held a board meeting and appointed Zhang Xiaojun and Sun Guangqing as vice presidents.
The 2023 Guangrao tyre exhibition came to an end on May 17, bringing to an end its first live show – held “offline” – since 2019. Tyrepress attended the three-day 2023 exhibition, and noted similarities with the past but also some changes in exhibitors and visitors to the show. This article was originally posted in Chinese on our sister website, Tyrepress China. A few years ago, the tyre industry in Guangrao underwent integration and reorganisation due to many factors. After undergoing multiple rounds of reshuffling, the local tyre industry has achieved industrial upgrading. At the 2023 Guangrao tyre exhibition, Huasheng, Zhongyi, Jinyu, Hengfeng, Fangxing, Yongsheng and other well-known local tyre companies have booths.
On May 17, 2023, the three-day 13th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition (ChinaGRTAE 2023) ended, with Chinese language Tyrepress sister site, Tyrepress China in attendance. An organiser press conference on the last day of the show claimed that ChinaGRTAE 2023 had “achieved outstanding results”. According to preliminary statistics, more than 830 trade intentions, agreements, and contracts were reached on May 15th and 16th, exceeding 21.9 billion yuan. One special event hosted by the exhibition achieved more than 330 “one-to-one” negotiations, reaching an intention amount of 2.3 billion yuan.
Sailun Group Europe has introduced several new tyres featuring its EcoPoint3 liquid-phase mixing technology. One of these products is the Sailun Atrezzo ZSR2, a tyre hailed by its manufacturer as the “ultimate combination of sustainability and performance.” Atrezzo ZSR2 is available in sizes for 17- to 20-inch rims, 205 – 275mm tyre widths, 30 – 55 cross sections and speed ratings W and Y.
Saliun Group Europe has introduced several new tyres featuring its EcoPoint3 liquid-phase mixing technology. One of these products is the Sailun Atrezzo 4Seasons Pro, and the manufacturer says that thanks to EcoPoint 3 this tyre “sets new standards.”
In 2022, Sailun’s revenue was 21.9 billion yuan (approximately £2.55 billion; €2.89 billion), a year-on-year increase of 21.69 per cent. Sailun became the first listed Chinese tyre company with revenue exceeding 20 billion yuan. At the same time, the company’s revenue in 2022 surpassed Linglong, becoming the number one listed tyre company in China. During the reporting period, Sailun produced 43.2078 million tyres, sold 43.903 million tyres, and realized a net profit of 1.33 billion yuan (about £150 million; €180 million).
No movement occurred on the podium of Brand Finance’s most valuable Tyre brands ranking for 2023, but while Michelin, Bridgestone and Continental respectively retain first, second and third places, Sailun appears on the radar as the fastest-growing tyre brand.