Revenue (Units in RMB) Sales Volume (Units in TONS) Net Profit (Units in RMB)
3,725.2 million 195,405 506.3 million
2,333.7 million 169,876 218.8 million
2,691.7 million 167,455 388.9 million


FY2020 & FY2019

Brands We Work With
Chairman's Statement
The global tyre business picked up in 2021; in particular, some overseas tyre manufacturers had further increased production capacity. Coupled with the volatility of raw material prices which had seen sharp rises after September last year, leading to an increase in the sales price of rubber chemicals, the industry’s overall profitability level has increased significantly.
Xu Cheng Qiu
Executive Chairman
For full Chairman’s message, view here.
Global Markets

The Group has over 1,000 customers, and continues to serve more than 2/3 of the world’s top 75 tire-makers. Our accelerators’ market share continued to grow to 33% in the PRC and 20% in the global market. Being the world’s largest auto market and with the increasing purchasing power of the Chinese population, we believe China’s auto market will remain robust over the next few years.

Sustainable Approach


“Strive to be people-oriented and establish shared values, so as to realise customer value and social value.”

It is both our corporate and the personal mission of every staff to create value for our customers – and we achieve this by being a reliable, long-term supplier of reasonably-priced and quality products, with impeccable after sales service.

It is also our responsibility to create value for our society and we achieve this by ensuring that we consider the impact and benefits in everything we do to our country, our company, our staff, our shareholders and our society in general.

Sustainability Report 2021


Group Structure