Zhongce Rubber Sends Strong Signals of Robust Development

On May 22, Zhongce Rubber (603049.SH) held its 2025 Annual and Q1 2026 Results Conference. Chairman and General Manager Shen Jinrong, together with the core management team, engaged in in-depth exchanges with investors, comprehensively showcasing the company's strategic achievements in brand advancement, global layout, and risk response, sending a strong signal of accelerating towards the top tier of global tire enterprises.

Brand Advancement: Seizing the Opportunity of New Energy Vehicle Overseas Expansion

In response to questions about the transition from "product-oriented" to "brand-oriented", Shen Jinrong emphasized that brand building is the core strategy. Zhongce relies on a marketing network covering nearly 160 countries and regions to solidify its foundation, and keenly seizes opportunities for new energy vehicles going global, deepening cooperation with leading automotive companies such as BYD and Geely, expanding overseas in sync with complete vehicle brands. Meanwhile, the company will enrich new media communication, committed to shaping a clear image of Chinese tire brands in the minds of global consumers.

Global Deployment: Overseas Base Performance is Outstanding

Zhongce is accelerating the shift from "product going global" to "capacity going global". Vice President and CFO Xu Lida disclosed: Thailand base revenue in 2025 was 7.466 billion yuan, Indonesia base revenue was 1.131 billion yuan. Currently, both bases are vigorously promoting capacity expansion to cope with full order books. At the same time, the Vietnam base leverages cost and free trade agreement advantages, the Mexico base has completed land leveling, and an efficient and collaborative global supply chain network is becoming increasingly perfect.

Calmly Breaking Through: Full-Chain Hedging Against Tariffs and Costs

Regarding pressure from tariffs and costs, the management displays calmness. Faced with high tariff barriers from Europe and the US, the company has achieved full supply from overseas bases, effectively avoiding trade risks; regarding the rise in raw material costs caused by oil price hikes, Zhongce launched "combined measures" of product price adjustments, structural optimization, and efficiency improvement, ensuring stable and controllable operating performance.

Steady Progress: Long-term Mechanisms Escorting Market Value

Regarding large-scale unlocking and market value maintenance, Board Secretary Ye Song reassured investors: The company has formulated stock price stabilization plans and market value management systems, established a long-term shareholder return mechanism, and has not currently received notifications of major shareholders' intention to reduce holdings.

Shen Jinrong firmly set the tone, stating that Zhongce Rubber will take it as its mission to lead the industry in catch-up development, firmly moving towards the global top tier, and playing the era's powerful note of the Chinese tire industry stepping onto the center stage of the world.