Hangzhou ZC Qingquan Industrial Co., Ltd. is investing 1.2 Billion Yuan to build a project with an annual output of 2.50 million all-steel radial tires according to “new process, new equipment and new eco-friendly devices” standard.

The first phase of this project was commenced in December 2019, and the second phase is predicted to be commenced in middle of this year, and all three phases are predicted to be completed within 3 years. At that time, the capacity of this company will reach an annual output of 7.50 million all-steel radial tires.

ZC Qingquan always pays great attention to environmental protection work. In 2019, the environmental protection input of this company reached 20 Million Yuan, and about 30 Million Yuan will be input this year on the basis of last year for collection and control of wastes and upgrading and reconstruction. In addition, among its fixed investment of 1.2 Billion Yuan, ZC Qingquan will use over 300 Million Yuan for construction of automatic storage and logistics line. After this automatic storage and logistics line is put into use, it will greatly improve the efficiency, save the labor cost and land use cost. At present, the project has entered the design phase and is predicted to be commenced in the middle of this year and delivered for use at the end of next year.