July 21, 2026, the Fortune China website released the 2026 Fortune China 500 List. Sailun Group ranked 399th with operating revenue of $5.1188 billion, a steady rise compared to the previous year.

Record-Breaking Performance, Global Layout Stands Firmly at the Industry's Forefront

Financial data shows that in 2025, Sailun Group demonstrated strong momentum for leapfrog development, achieving annual operating revenue of 36.792 billion yuan, a year-on-year increase of 15.69%, setting a new record; net profit attributable to the parent company reached 3.522 billion yuan. Notably, the company's net operating cash flow increased significantly by 82.58% year-on-year to 4.179 billion yuan, showing strong "cash generation" capabilities. Regarding shareholder returns, the company plans to distribute cash dividends of 1.085 billion yuan, maintaining a high dividend payout ratio continuously.

As the first tire enterprise in China to build factories abroad, globalization has become the "stabilizer" of Sailun's performance. In 2025, Sailun's overseas main business revenue reached 28.226 billion yuan, a year-on-year increase of 18.54%, and the overseas planned production capacity scale remains number one among Chinese tire manufacturers. In recent years, with the successive commissioning of new factories in Mexico and Indonesia, and the acquisition of Bridgestone's Shenyang factory, Sailun's global layout has been comprehensively upgraded from a single capacity expansion to a competition for control of the industrial chain.

Brand Value Rises Year After Year, Surges to the Top of Chinese Tires

While both scale and performance increased, Sailun's brand dimension elevation was significant. In the 2026 "China 500 Most Valuable Brands" analysis report, Sailun ranked 97th with a brand value of 125.189 billion yuan, a significant increase of 12.293 billion yuan compared to last year, for the first time entering the top 100 of China's most valuable brands, achieving a steady rise for nine consecutive years.

On international authoritative lists, Sailun also performed brilliantly. According to the report "2026 Global Tire Brand Value Top 25" released by Brand Finance, Sailun ranked 10th globally with a brand value of $1.239 billion, a year-on-year increase of 37%, leading the growth rate among global top tire enterprises. As of now, Sailun has ranked first among Chinese tire brands for four consecutive years and has become the only Chinese tire brand to enter the top 10 of the global list.

Technology Leads New Outlook, "Liquid Gold" and "Aesthetic Innovation" Widen the Moat

The dual harvest of performance and brand could not happen without the continuous breakthrough of core technologies. In 2025, Sailun's R&D investment reached as high as 1.147 billion yuan. Relying on the core technology of "Liquid Gold" and the industrialization landing in the super-large tire field, Sailun continuously consolidates its technical barriers.

Facing the continuous rise in new energy vehicle penetration rates, Sailun seized new heights in the market with the dual-wheel drive of "Silence + Aesthetics". The company has increased its silence tire capacity to 5 million tires/year, and boldly innovated in tire aesthetics, launching the world's first colored-edge tire. The product is equipped with ARMOR SEAL self-sealing technology and SILENT TREAD silent foam technology. While achieving "Safety, Silence, Energy Saving" triple performance improvements, it broke the traditional black uniformity of tires with 0.01mm level traditional inkstone texture paired with seven high-end color schemes. Sailun successfully rose from a technology follower to the definers of new global tire aesthetics standards, precisely meeting the new standard requirements for silence, green, and safety in the new energy vehicle market.

Entering the first quarter of 2026, Sailun's revenue and net profit continued to grow in both areas, with gross margin rising to 26.86%. Taking the 2026 Fortune China 500 List as a new starting point, Sailun Group is using technological innovation as the foundation and globalization capacity as wings, continuously polishing the world calling card of Chinese tire brands, setting a positive benchmark for the industrial upgrading and high-quality overseas expansion of China's manufacturing industry.

Recently, "Fortune" magazine released the 2026 China 500 Ranking. Sailun Group Co., Ltd. ranked 399th with revenue of $5.119 billion, becoming one of only two professional tire manufacturers on the list.

According to China Tire Business Network (Tirechina.net), as an authoritative list adopting evaluation methods consistent with the Fortune Global 500, the China 500 covers both listed and non-listed enterprises, centrally presenting the business scale and development strength of major Chinese enterprises.

The list honor is a direct manifestation of Sailun's continuously growing revenue scale, and also reflects that a Chinese tire enterprise is attempting to cross the three most typical thresholds of China's manufacturing with global capacity, material technology, and brand investment— from exporting products to global operations, from cost advantage to technical premium, and from manufacturing scale to brand value.

The Fortune 500 looks at revenue, but enterprise value is not determined solely by revenue

The Fortune China 500 adopts ranking methods consistent with the Fortune Global 500, with the core metric being operating revenue. Therefore, Sailun's ranking surge first indicates one thing: its operating scale is rapidly expanding. In 2025, Sailun achieved operating revenue of 36.792 billion yuan, a year-on-year increase of 15.69%, setting a new historical record.

Meanwhile, net profit attributable to parent company reached 3.522 billion yuan, and profitability continued to strengthen. Among them, overseas main business revenue reached 28.226 billion yuan, a year-on-year increase of 18.54%, becoming an important force driving performance growth. Entering 2026, Sailun still maintains a steady growth trend. In the first quarter, the company's revenue and net profit saw double growth, and the gross profit margin rose to 26.86%.

Against the backdrop of intensified competition in the tire industry and a complex and changeable global trade environment, this achievement indicates that Sailun is gradually moving away from the development path of competing solely on cost, towards a comprehensive competitive model driven by technology, products, manufacturing, and brand.

First Threshold: Turning "Product Overseas" into "Global Operations"

Sustained performance growth is inseparable from Sailun's early global layout. As the first domestic enterprise to build tire factories overseas, Sailun currently has multiple production bases deployed in Qingdao, Dongying, Shenyang, Weifang within China, and Vietnam, Cambodia, Mexico, Indonesia overseas. At the same time, the construction of bases in Egypt and Qingdao Dongjiakou is steadily advancing, covering a capacity system for key domestic and international markets.

This dual advantage of globalization and scaling allows Sailun to leverage localized manufacturing to shorten product delivery cycles, get closer to regional market demands, while enhancing the enterprise's ability to cope with international trade barriers and supply chain fluctuations. Deepening the shift from "Product Overseas" to "Capacity Overseas" and "Operations Overseas" also provides strong support for Sailun's overseas revenue growth and global market expansion.

Second Threshold: Turning Manufacturing Capacity into Product Premium

The competition method Chinese tire enterprises are most familiar with in the past is exchanging manufacturing efficiency and supply chain costs for market share. But when capacity goes global and scale approaches the top, continuing to rely on low prices will quickly hit the ceiling. Without higher value-added products, scale may even become a burden.

Sailun attempts to break this constraint with technology. In 2025, the company's R&D investment reached 1.147 billion yuan, continuously tackling around materials, formulas, structures, and intelligent manufacturing. Among them, core technologies represented by "Liquid Gold" promoted comprehensive improvements in key performance of Sailun tire products in safety, energy saving, and wear resistance; in the field of giant engineering radial tires with high technical barriers, Sailun has also realized the full series industrialization of giant engineering radial tires from 49 inches to 63 inches. Continued R&D investment is transforming into more distinctive product advantages, and also provides support for Sailun to improve profit quality.

Third Threshold: From "Selling Globally" to "Global Brand"

The tire industry is one where brand awareness builds slowly and trust costs are extremely high. Consumers have low replacement frequency, and it directly relates to driving safety. Therefore, the reputation, channels, and original equipment relationships accumulated by mature brands are often harder to replicate than a single advertisement. This is also an important reason why international top enterprises can maintain premiums for a long time.

In the Brand Finance "2025 Global Most Valuable Tire Brand List", Sailun ranked 10th, becoming the Chinese tire brand with the highest ranking. Brand value and Fortune ranking rose synchronously in the same year, indicating that Sailun's growth is no longer limited to capacity expansion; technology dissemination, channel construction, and global market perception are also forming a synergy.

Industry Commentary

Comparing the 426th position when it first entered in 2025 to the 399th position this year, Sailun has completed an upward shift in the scale coordinate. More worthy of industry attention is that among the Fortune China 500 in 2026, there are only two professional tire manufacturers: Zhongce Rubber and Sailun. This shows that the Chinese tire industry has emerged with top forces capable of entering the large enterprise sequence, but there is still room for improvement in industry concentration, brand premium, and global governance capabilities.

Next, the test questions in front of Sailun will be more complex than capacity expansion: whether new capacity can ramp up smoothly, whether the global supply chain can collaborate efficiently, whether R&D investment can be transformed into high value-added products, whether brand growth can offset cost and trade pressures. If any item becomes a bottleneck, scale growth and value growth may become disconnected.

Therefore, entering the Fortune China 500 does not mean Sailun has completed high-endization, but rather means it has gained the scale basis to move towards higher value intervals. In the past, Chinese tire enterprises entered the global market relying on manufacturing efficiency; in the future, the true determinant of ranking gold content will be the profit quality jointly created by technology, brand, and global operations.

The list records how far Sailun has walked; the next financial statement and the next round of global market competition will answer how high it can still go.

July 21, 2026, the 2026 Fortune China 500 List was released with great impact. As a leading domestic tire enterprise, Zhongce Rubber Group ranked on the list for the first time with strong momentum, securing the 343rd position with an operating revenue of 6254.6 million US dollars.

Outstanding "Report Card" Delivered in First Year on Capital Market

As a dazzling "newcomer" in this year's list, Zhongce Rubber's first annual report card after listing on the A-share capital market was quite outstanding. In 2025, the company's core indicators improved comprehensively: operating revenue reached 44.956 billion yuan, a year-on-year increase of 14.52%; net profit reached 4.147 billion yuan, a year-on-year increase of 9.51%; non-recurring net profit surged dramatically by 22.15% to 4.058 billion yuan, demonstrating excellent market competitiveness and profit quality. While performance grew significantly, the company announced a generous dividend plan exceeding 1.2 billion yuan, with a dividend ratio as high as 30.15%, showing sincere commitment to returning value to investors.

Qualitative "Transformation" in New Energy Support, Strong Momentum in Production and Sales

Steady performance growth stems from the comprehensive flowering of core businesses. As the world's largest full-steel tire manufacturer, Zhongce Rubber holds about 12% of the global market share for full-steel tires, with overseas sales growth exceeding 20%, and an annual production and sales ratio as high as 102%, with capacity utilization near full load; the semi-steel tire business also showed a trend of increasing volume and price, with domestic semi-steel tire sales expected to reach about 45 million units in 2026.

The biggest highlight lies in the historic "qualitative transformation" in the new energy support market. In 2025, the company's new energy passenger car supporting tires exceeded 10.7 million units. Not only did it become the first enterprise globally to launch a series of dedicated tires for new energy commercial vehicles, but it also became a core original equipment tire supplier for top new energy vehicle manufacturers such as BYD, XPeng, and Geely. At the same time, the company successfully achieved original equipment designation for high-end benchmark models such as the Maextro S800 Collector's Edition and AITO M6, steadily promoting the support process for models under the Hongmeng Intelligent Driving brand, breaking the monopoly of foreign capital, and achieving a historic breakthrough for Chinese tire brands in the field of high-end vehicle original equipment.

Heavy R&D Investment and AI Empowerment, Technical Breakthroughs Lead the Industry

On the technology innovation front, Zhongce Rubber won the Second Prize of the National Science and Technology Progress Award for its systematic breakthroughs in high-performance tires and green intelligent manufacturing. In 2025, the company's R&D investment reached as high as 1.543 billion yuan. Relying on the two core technology systems "Tiangong" and "Tianji" independently developed, it accelerated the conversion of frontier scientific and technological achievements into industrial advantages. At the same time, the company comprehensively accelerated the construction of "Future Factories", vigorously developed full-chain applications of AI technology, and injected strong momentum for high-quality development with new quality productive forces.

Globalized Capacity Matrix, Effectively Hedging Trade Risks

On the globalization layout front, Zhongce Rubber, relying on the full commissioning of production bases in Thailand and Indonesia, as well as the steady promotion of the new base in Vietnam, has built a robust globalized capacity matrix. Overseas income proportion has reached 48%, effectively hedging international trade risks.

Raking on the Fortune China 500 for the first time is a milestone, and even more so a new starting point. In the future, Zhongce Rubber will continue to delve deep into its main business, empower intelligent manufacturing with hardcore technology, and develop with a global vision. It will contribute Zhongce power to the comprehensive leap of the Chinese tire industry, and firmly move steadily towards the goal of becoming a world-class tire enterprise.