In 2015, it is no exaggeration to describe the Chinese tire industry with “internal diplomacyâ€.
From the "double opposition" of the United States to the anti-dumping of the Eurasian Economic Commission, from the bankruptcy of Deruibao and the first tire to the Chongqing factory of Jiatong Tire, the Chinese tire industry has never been in such a complicated living environment.
However, there is no bright spot in the confusion. Overseas construction, intelligent manufacturing, Internet, e-commerce platform... The tire companies' breakthrough efforts in the difficult situation are the hope of the future development of China's tires.
Looking back at 2015, the following 10 major events have had a major impact on the Chinese tire industry.
Natural rubber import tariff increase
On January 1, 2015, the “Tax Implementation Plan 2015†issued by the Customs Tariff Commission of the State Council was officially implemented. China's imports of natural rubber still implement a selective tax, of which the specific tax is raised to 1,500 yuan / ton, an increase of 300 yuan / ton.
According to industry insiders, the implementation of the program did not achieve the original intention of increasing the price of natural rubber, but increased the cost burden of downstream tire companies. More importantly, the increase has affected the entire industrial chain of natural rubber upstream and downstream.
De Ruibao and the first tires went bankrupt
On February 9, 2015, Deruibao Tire Co., Ltd. declared bankruptcy. The company was born shortly after, and it fell after the fifth birthday.
The long-established Beijing Capital Tyre Co., Ltd. officially declared bankruptcy on October 29.
This company has been ranked among the world's top 75 tires for many years. It is one of the state-owned large-scale tire companies and one of the national key tire manufacturers. Its comprehensive strength ranks 15th in the Chinese tire industry. Its bankruptcy has undoubtedly brought great shock to the industry.
Tight funds, poor management, and “double opposition†in the United States, these factors may be the last straw to crush the enterprise. But more importantly, low-end competition and overcapacity over the years have long been a potentially deadly "killer" for Chinese companies.
In this sense, the bankruptcy of the two companies is not an accident.
Exquisite tires and other overseas factories
On May 28th, 2015, the first overseas production base of Linglong Tire, the first product of the exquisite all-steel radial tire project in Thailand, was successfully launched.
In November, the joint venture established by Double Star Tire in Kazakhstan was approved by the local government. This is also the first production base for Double Star to build overseas.
So far, among the Chinese tire companies, six companies including Jinyu, Linglong, Zhongce, Sen Qilin, Ogori and Double Star have established factories overseas. This marks an important step for Chinese tire companies to “go globalâ€.
Internationalization through overseas construction is becoming a development strategy for China's major tire companies.
The way to raise the car network
In 2015, when the automobile e-commerce enterprises collapsed one after another, the company has become a leader in the automotive aftermarket e-commerce platform.
After successfully completing the $100 million Series C financing in June this year, Togo once again received $50 million in Series C financing.
Today, the e-commerce platform has swarmed, and the rise of the company's car maintenance, wheat tires, and car-free care has been in line with the needs of the automotive market development. However, the initial scale is not equal to success. Whether the business model can continue in the future will still need to undergo further tests in the market.
US "double opposition" final ruling
On July 14, 2015, the US International Trade Commission voted in favor of anti-dumping and countervailing duty investigations against Chinese cars and light truck tires.
For the Chinese tire industry, which relies heavily on exports, the impact of “double-reverse†is difficult to estimate. A large number of tire companies in China have to give up the US market, and even the tire industry leader in the policy is not spared.
This is undoubtedly worse for Chinese tire companies that have just stepped out of the "special protection case." Whether it is unfair or trade barriers, this is the end of the matter. Only a positive response is the way out.
China National Chemical Corporation acquires Pirelli tires
China Chemical Group's acquisition of Pirelli tires was completed on August 11, 2015. Since then, Chinese companies have had an international brand that is well-known.
The industry believes that the acquisition of Pirelli by China National Chemical Corporation marks that China's tires have taken an important step in exploring the international high-end market, which is conducive to domestic tire companies to avoid international trade risks. More importantly, this incident has enhanced the confidence of Chinese auto parts companies in the international arena and injected new vitality into the Chinese tire industry that is seeking transformation and upgrading.
Tongyiou tires and agent disputes
On August 17, 2015, Tongyiou (Toyo) tires and agents disputes "opened." Due to the refusal of Tongyiou tires to fulfill the “three guarantees†compensation obligation for all steel tires, dozens of dealers gathered at the Zhuozhou factory in Tongyi, Shandong Province, to hang banners and slogans.
Tongyiou tires should be very negative on this matter and are called “no left behindâ€. Since then, the incident has been upgraded several times and has become a "marathon" for agents to defend their rights.
This incident also reflects the increasingly complex relationship between domestic tire manufacturers and dealers. In recent years, the disputes and differences between the two have increased, making the original solid community of interests sometimes become irreconcilable contradictions.
Compound rubber standard reform
On July 1, 2015, the national standard for the General Technical Specification for Composite Rubber was officially implemented. The new standard determines that the raw rubber content of the composite rubber is not more than 88%, and before this, the content is 95% to 99.5%.
Since the introduction of the new national standard for composite rubber, it has been controversial.
Downstream tire companies believe that the implementation of the new national standard will increase the cost of enterprises, the tire industry may appear more losses, bankruptcy; and upstream rubber companies believe that the implementation of the new national standard can improve the price of rubber, protect the domestic natural rubber industry, can also be rubber products Quality control.
Jiatong Tire Chongqing Plant Shutdown
On November 21, 2015, the Chongqing factory of Jiatong Tire was officially shut down, which caused great concern in the tire industry.
What is even more striking is that in addition to Jiatong, the other two major tire manufacturers in Chongqing have decided to cut production.
Yiye Zhiqiu, the dilemma of Chongqing tire enterprises, reflects the overall situation of the Chinese tire industry. Faced with the pressure of the domestic economy and the "double opposition" of the United States, Chinese tire companies can be described as chilling, and even some can not cope.
Eurasian Economic Commission anti-dumping against Chinese heavy-duty tires
On November 24, the Eurasian Economic Commission issued a final ruling on the anti-dumping of Chinese truck tires, and decided to impose an anti-dumping duty of 14.79%-35.35% on imported truck tire products from China for a period of five years.
House seemingly endless rain. This incident has further expanded the anti-dumping territory of China's tires in the international market. It also shows that the anti-dumping "follow-up" caused by the "double opposition" in the United States is intensifying.
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Properties:
colorless and transparent viscous liquid. It is odorless, sour, melting point 42.35 ℃, easily soluble in water, soluble in ethanol, can irritate the skin and cause inflammation, destroy body tissues, and have hygroscopicity.
Uses:
Used as sour agent and yeast nutrient, can be used as seasoning, canned, refreshing drink sour agent, used as yeast nutrition source when brewing, to prevent multiplication of bacteria.
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