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Jiangsu General Science Technology Co.,Ltd (China)

Main Activities: Tire Manufacturing
Full name: Jiangsu General Science Technology Co.,Ltd Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Jiangsu General Science Technology Co., Ltd, located in Wuxi, is a modern high-tech enterprise specializing in the research, development, production, and sales of various types of tires. It is a subsidiary of Red Bean Group, one of the 120 deepening reform pilot enterprises in China. The company was listed on the Shanghai Stock Exchange in September 2016. Jiangsu General Science Technology Co., Ltd has three major production bases in China, Thailand, and Cambodia. It has a stable and professional marketing team and a well-established marketing network, with over 10,000 image stores and flagship stores nationwide. The company is one of the leading Chinese national tire companies. The company focuses on tire technology innovation and has established a national recognized technology center platform, industrial design center, and laboratory. It actively cooperates with research institutes, universities, and international first-class suppliers in research and development. The company has been awarded over 400 authorized patents, with its invention patents ranking among the top in the industry. It has received awards such as the China Rubber Industry Innovation and Development Award and the China Petroleum and Chemical Industry Technology Innovation Demonstration Enterprise. Jiangsu General Science Technology Co., Ltd owns well-known brands such as "Qianlima, Chituma, Qima, Tongyun, Xidatong, and Heima." It is an AAA-level quality credit enterprise in Jiangsu Province and has received numerous honors such as China Famous Brand Product, National User Satisfaction Product, China's Top 500 Most Valuable Brands, and China's Top 10 Influential Tire Brands. The company is the first in China to have two different production technologies for all-steel radial tires, featuring zero-degree belt layer structure and four-layer belt layer structure. It has achieved large-scale application of synthetic Du Zhong rubber TPI in all-steel radial tires, reaching international advanced level. The company has developed short-distance industrial and mining tires that meet the special requirements of mining transportation, making it one of the leading companies in the segment market. It also develops various categories such as medium and long-haul highway transportation tires and medium and short-haul load-bearing tires. The company focuses on "new generation safety tires" and has developed high-end passenger car tire series, including Qianlima puncture-resistant tires and new energy green tires. The company actively embraces "intelligence, transformation, and digitization" and has implemented a "darkroom workshop" in the semi-steel tire factory and a "5G carbon cloud intelligent factory" in the all-steel tire factory, promoting the acceleration of the "dual carbon" goal. Jiangsu General Science Technology Co., Ltd adheres to the mission of making every tire a high-quality product and upholds the core values of "integrity, gratitude, innovation, and excellence." It continues to promote the "5X strategic plan" and accelerate the internationalization, intelligence, and green upgrading of the industry, striving to become a nationally recognized tire company with international influence.

Headquarters
Gangxia Donggang Town Xishan District Wuxi Jiangsu
Wuxi; Jiangsu; Postal Code: 214199

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Website: http://www.ty-tyre.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 19, 2002
Key Executives
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Director
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Director
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Director
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General Manager
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Deputy General Manager
Ownership Details
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41.62%
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6.16%
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1.64%
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1.56%
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1.52%
Subsidiaries
General Rubber (America) Co., Ltd.
100%
General Rubber (Thailand) Co., Ltd.
100%
General Tire Technology (Cambodia) Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
12.39%
Total operating revenue
12.27%
Operating profit (EBIT)
765.37%
EBITDA
414.39%
Net Profit (Loss) for the Period
651.03%
Total assets
16.37%
Total equity
28.82%
Operating Profit Margin (ROS)
3.52%
Net Profit Margin
3.66%
Return on Equity (ROE)
2.43%
Debt to Equity Ratio
-15.56%
Quick Ratio
0.06%
Cash Ratio
0.04%

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