Daily Earnings Hit 13 Million! Tire Tycoon Zhongce Rubber Semi-Annual Report Released

On August 17, domestic tire industry leader Zhongce Rubber Group Co., Ltd. released its 2026 semi-annual report. Against a complex backdrop of volatile raw material prices and high international trade barriers, this industry giant, which has held the top spot in China's tire sales since 2008, delivered a dazzling "hardcore" performance: revenue in the first half of the year reached 23.474 billion yuan, a year-on-year increase of 7.41%; net profit attributable to shareholders of the listed company was 2.44 billion yuan, a year-on-year increase of 5.09%. Calculating based on this, the company's daily average profit exceeded 13 million yuan, demonstrating strong operational resilience.

It is worth noting that while achieving double growth in revenue and profit, Zhongce Rubber launched a major dividend plan, intending to distribute cash dividends of about 1.251 billion yuan (tax included), returning real money to investors, highlighting the development confidence of the leading enterprise.

Cash Flow Surged 66 Times, Operational Quality Transformation

More valuable than profit figures is the qualitative change in the enterprise's "blood-making capability". During the reporting period, the net cash flow from operating activities of Zhongce Rubber reached 841 million yuan, while the same period last year was only 12.39 million yuan, an increase of up to 6689%. The explosive growth of this data is not only due to a low base but also reflects significant improvements in the company's sales collection ability, channel bargaining power, and capital turnover efficiency.

In addition, facing the pressure of rising raw material costs, the company increased the average selling price of tires by 8.37% year-on-year in the second quarter, successfully passing the cost pressure downstream. Cash flow is the "blood" of an enterprise; the leap in this core indicator marks that Zhongce Rubber is steadily moving from "scale expansion" to "high-quality development".

Won National Science and Technology Award, Building Technical "Moat"

Technological innovation became the biggest highlight of the first half of the year. During the reporting period, the project "Key Technologies of High-Performance Tires and Their Green Intelligent Manufacturing" jointly declared by Zhongce Rubber and Harbin Institute of Technology won the Second Prize of the 2025 National Science and Technology Progress Award. This is the only project in the tire manufacturing field in the past decade to receive such recognition, marking that Zhongce Rubber has shaken off the role of technical "follower" and possesses the ability to define industry standards in a positive R&D system. The passenger car "Tianji System" and commercial vehicle "Tiangong System" built on this basis are becoming the solid chassis for its participation in global competition.

Overseas Capacity Releases, Breaking Trade Barriers

In terms of global layout, Zhongce Rubber's "multi-country, multi-base" strategy has achieved significant results, and overseas capacity has entered a concentrated release period. Data shows that the semi-steel tire production at the Thailand base increased by 38% year-on-year; the full-steel tire production at the Indonesia base surged 249% year-on-year, reaching 1.27 million tires. This layout is highly strategic, effectively hedging the risk of additional anti-dumping duties imposed by the US on tires from Thailand, absorbing US market orders through the Indonesia base, and ensuring supply chain resilience. As of the end of the reporting period, the company's overseas income share has reached 48%, making the internationalization structure more stable.

Brand Breakout Upward, Cutting into High-End Supply Chain

In terms of brand premiumization, Zhongce Rubber successfully broke the foreign capital monopoly. In the first half of the year, the company successfully cut into the Harmony Intelligent Mobility supply chain, completing designated support for high-end models such as Luxeed S800 Collector's Edition and AITO M6. Flagship product "Chaoyang No. 1" sales broke through 7 million tires, firmly holding the first place in sales of high-end series of Chinese tire brands.

From the performance resilience of earning tens of millions daily, to the support of national science and technology awards, to the precise moves in overseas capacity, Zhongce Rubber is accelerating towards the high end of the global tire industry value chain with a dual-wheel drive of "technological innovation + globalized operations", crossing the industry cycle.