Domestic automobile tires attract attention

On April 14, local time, the state leader arrived in Hanoi by special plane and began a state visit to Vietnam. Local media reports show that two Hongqi N701 sedans in the special car convoy of the state leader attracted attention.

The Hongqi N701 sedan has 21-inch Hongqi silver wheels and Linglong tires with specifications of 275/30R21LT. This tire has excellent performance, bulletproof function, and can travel hundreds of kilometers in the event of an accident.

It is understood that the cooperation between Linglong Tire and Hongqi has already begun, and the two sides have attended important occasions together many times. In 2023, during the state leader's visit to Vietnam, Hongqi N701 and Linglong tires were also used.

In April 2024, the Hongqi L5 state guest car that French President Macron took during his visit to China was equipped with Linglong CrossWind tires. In addition, Linglong Tire's capabilities in the original equipment market are also obvious to all.

Linglong Tire's Original Equipment Strength

As we all know, the original equipment tires of car companies have to go through layers of screening and rigorous field tests. Tests and improvements are made again and again until they meet the standards required by car companies.

According to the data from the China Passenger Car Association, the wholesale sales of broad passenger cars in 2024 will be 27.412 million units, of which 466 models have annual sales of more than 5,000 units, with a total sales of 26.1664 million units, accounting for 95.46% of the overall sales, and a total of 104.6656 million tires are required for original equipment (excluding spare tires).

Automobile tire matching data shows that among these 104.6656 million tires, Linglong Tire took the lead. In the past two years, Linglong Tire has achieved very good results in original equipment, which is the recognition of car manufacturers and the strength of the company. The advantages of domestic tire brands in the original equipment market are gradually expanding.

The importance of the original equipment tire market is becoming more and more prominent. Whoever occupies a larger share of original equipment will have more potential customers. Moreover, the original high-end route is also a must-fight for tire companies. In addition to Hongqi, Linglong Tire also provides supporting services for many internationally renowned automobile manufacturers.

Linglong Tire

In recent years, with the global economic recovery, especially in the context of the recovery of the Chinese automobile market, Linglong Tire has gained more and more recognition from consumers with its high-quality products and services. This growth not only reflects the company's ability to seize market opportunities, but also reflects its leadership in the industry. Shandong Linglong Tire Co., Ltd. is a professional and large-scale tire manufacturer, which was listed on the main board of the Shanghai Stock Exchange on July 6, 2016.

The company has 7 R&D institutions, 7 production bases, and more than 18,000 employees around the world. Its products are widely used in passenger cars, commercial vehicles, construction machinery vehicles, etc., forming a diversified brand system with differentiated global market positioning such as Linglong, ATLAS, Leo, and EVOLUXX.

The company successfully landed on the A-share market on July 6, 2016, and was successively included in the three major international indices-MSCI Index, FTSE Russell Index and S&P Emerging Markets Index, winning the unanimous favor of the international capital market.