On 27 March 2024, Shen Jinrong, chairman of ZC Rubber, expressed a cautiously optimistic attitude towards the Chinese tyre industry at the 2024 China Rubber Conference, commenting: “For the Chinese tyre industry, the phenomenon of multiple positive factors coexisting at the same time is unlikely to reappear in 2024. Most of the positive factors will turn negative or slow down or decrease, and the tyre industry cycle has reached a high point. The contradiction of overcapacity in the industry will become increasingly prominent, and we should take measures to deal with it.”
ZC Rubber celebrates 5G digital factory production
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ZC Rubber starts production at 5G digital premium tire plant
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On 9 August, Shen Jinrong, chairman of ZC Rubber, went to the factory in Thailand to inspect the work, and discussed with the senior executives of the Thailand factory on increasing production and reducing costs.
On 22 March, Shen Jinrong, chairman of ZC Rubber, summarised the Chinese tyre industry after the epidemic at the China Rubber Conference 2023. He said that during the three years of the epidemic (2020-2022), China’s tyre industry’s business environment and ecological chain had undergone significant changes.