On August 31, the foundation was laid for the CENTARA Ultra-High-Performance eco-friendly semi-steel radial tire project, with an annual production capacity of 24 million tires. This project is a landmark in China’s tire industry “Industry 4.0” initiative, with a planned investment of 2.1 billion yuan, to be completed in two phases. The first phase will invest 500 million yuan, covering an area of approximately 190,000 square meters. The second phase will invest 1.6 billion yuan, covering an area of about 230,000 square meters. Upon completion, the project will produce 24 million UHP semi-steel tires annually, increasing output value by nearly 5 billion yuan.
