Linglong Tire Domestic PCR Distributors Conference 2018, themed New Journey & New Glory, was successfully held in Qingdao, Shandong Province on 23rd November. Wang Feng, Chairman and CEO of Linglong Tire, and the domestic passenger car radial (PCR) tyre distributors and relevant leaders attended the event.
Linglong was under heavy pressure in 2017 with fierce competition in the tyre industry and price fluctuation of raw materials. Nevertheless, its operating income in the first three quarters reached CNY10.316 billion through the joint efforts of Linglong and its distributors, with a year-on-year growth of nearly 40 per cent. The domestic shipment of Linglong’s PCR tyres was 20 per cent higher at end October 2017 compared with the same period last year.
During the conference, Wang Feng made a deep analysis on the prospect of the automotive and tyre industry, and introduced the company’s plans and strategies for next year. He also set the domestic PCR tyre sales target and key work for 2018.
In 2018, Linglong Tire says it would provide customers with a safer driving experience through the strict control of its product quality, services and support from its distributors.