In order to make up for the losses caused by the epidemic, especially overseas epidemics to product exports, and complete the annual business target, Nantong Huili Rubber Co., Ltd., the largest reclaimed rubber manufacturer in China, has vigorously developed the civilian product market such as fitness equipment and bicycle tires to reduce the export gap. It has achieved the overall balance of business objectives.
According to Chairman Ni Xuewen, Huili's production capacity was fully restored in June, exceeding RMB 40 million yuan. Of these, the civilian market contributed 15%. Orders reached 8,500 tons in July, totaling more than RMB 50 million yuan, returning to the best level since last year.
Reclaimed rubber is the third largest raw material for tire production. Huili's comprehensive strength has been ranked first in China's reclaimed rubber industry for many years. Its products are exported to the United States and Australia, accounting for more than 30% of total sales.