Double Coin Holdings Ltd. (900909.SH)
Profile
WebSite:
http://www.doublecoinholdings.com/about/profile.aspx
Double Coin Holdings Ltd. is principally engaged in manufacture and distribution of tires. The Company also involves in manufacture and distribution of soaps, batteries and printing ink, as well as property business. The Company鈥檚 major products are all-steel heavy-duty radial tires. During the year ended December 31, 2009, the Company produced approximately 6.2985 million suits of tires. It distributes its products in domestic and overseas markets, with Shanghai as its major market. As of December 31, 2009, the Company had 11 subsidiaries and one affiliate, which involved in manufacture and distribution of tires and chemical products.
Reports
Revenue Breakdown (million RMB)
Ranking 15th Strongest
Shanghai Tyre & Rubber Co., Ltd was restructed form the group enterprise established on June.16th,1990, comprising Shanghai Ta Chung Hua Rubber Factory and Shanghai Tsen Tai Rubber Factory. According to the records for 2000 sales turnover, the company became the 26th largest among the 500 industries and enterprises in Shanghai ,ranking 15th largest among the 75strongest major tyre manufacturers in the world.
History And Product Line
The TaChung Hua and Tsen Tai Rubber Factory is the earliest tyre manufacturer in China with a tyre-manufacturing history of nearly 70 years.
In the early 1930's, the factory established the two well-known Double Coin and Warrior Brands respectively which enjoy great popularity over the rubber field.
The main products of the company consist of all-steel radial heavy duty truck tyres, radial light truck tyres, bias light truck tyres, bias truck tyres, agricultural tyres with 10 varieties and over 350 specifications.
The Rise Of The Radial Truck Tyre
The company boasts a strong technological force with a state-level research and development centre with 150 intermediate and advanced technical staff and engineers engaged in the research and development work. The Double Coin heavy-duty radial tyre factory with state-of-the-art technology and fairly large scale have been established in the early 1990's in the Min Hang development zone. The output of all-steel radial truck tyres reached 1.3 million units per year .
Autorized Certificate
The radial tyres have been early certificatd by The US Department of Transportation(DOT), the Economic Committee of Europe(ECE) and The INMERTO of Brazil. In addition, the company has also been certified by ISO 9002 quality control system.