Sailun Tire's secret to success: managed in China, manufactured in Vietnam, sold in the U.S.

Sailun Tire adopts a unique business model, namely "Managed in China - Made in Vietnam - Sales in the United States", which has enabled the company to achieve great success in the US market. Currently, 90% of the company's net profits come from the US market. Although the domestic market is not friendly to the development of local automobile tire companies, Sailun Tire has achieved significant growth through overseas expansion. Sailun Tire's operating income in 2023 will reach 25.978 billion yuan, a year-on-year increase of 18.61%, and net profit attributable to the parent company It was 3.091 billion yuan, with a growth rate of 132.07%. Sailun Tire is actively expanding its overseas business and plans to invest in and build new tire production lines in Cambodia, Mexico, Indonesia and other places. These new production capacities will further enhance the company's market share and competitiveness.