"7+5" Global production base layout + International R&D Hubtrac is a tyre manufacturer that aims to co-create brilliance with its customers. Our production facilities are spread globally, with 7 research institutions, 9 manufacturing bases, and over 18,000 employees. Our products are used in passenger cars, commercial vehicles, and construction machinery. We launched the premium TBR tyre brand, Hubtrac, in 2020, targeting diverse global markets. We were successfully listed on the A-share market on July 6, 2016, and have been included in three major international indices - MSCI, FTSE Russell, and S&P Emerging Markets Index, gaining unanimous favour in the international capital markets. To enhance our core competitiveness in international markets, we introduced the global "7+5" production base layout in June 2021. This layout involves having 7 bases in China and 5 overseas. Currently, we have 5 production bases in China, strategically located in key provinces across the country. Overseas, we have two production bases in Thailand and Serbia, with ongoing assessments for new factories worldwide. Our aim is to expand our footprint in the global tyre market by leveraging global resources. In the future, we plan to accelerate the implementation of the "7+5" global strategy, significantly enhancing our core competitiveness. We aim to surpass 160 million units in production and sales by 2030, enter the world's top five in production capacity, and establish a technological tyre manufacturing enterprise with world-class technology, management, and brand influence. The Hubtrac brand represents the pinnacle of our entire enterprise, a perfect culmination of nearly 50 years of manufacturing craftsmanship. It is a world-class high-end brand manufactured in Europe. Our story goes beyond tyre manufacturing; it's a relentless pursuit of excellence and innovation. From the treasures of research and development to the masterpieces of production, Hubtrac is destined to lead the industry with quality products across all seven continents. |