The hottest Hantai tire will inject US $3.3 billio

2022-07-29
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Hantai tire will inject USD 330million into the Hungarian factory

50 autoclaved lime sand brick Hantai tire will invest USD 330million in the Hungarian factory to expand production capacity, with a total investment of USD 550million. It is expected that by 2011, the tire sales produced by the Hungarian factory will account for 12% of the sales of Hantai tire, and the European market share will rise from the current 5.8% to 6.1%

xuchenghe, CEO of Hantai tire, said that the company plans to have an annual production capacity of more than 200000 pieces by 2011; In the same year, the production capacity of tires was doubled to 10million. However, considering the uncertainty of the market, Hantai's future production plan will be very cautious

Hantai also has two factories in China and South Korea. Hantai also plans to invest and build factories in Southeast Asia and North America

in the first half of 2009, this can win the trust and devotion of customers. The sales volume of Hantai in Korea was US $1.05 billion, with a year-on-year increase of 14%. It is expected that its sales volume in Korea and the world in 2009 will reach US $220million and US $3.5 billion respectively for the maintenance of scroll spring fatigue testing machine

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