On February 20, 14 key projects with a total investment of RMB 4.5 Billion Yuan, including the high-performance radial tire project of Hubei Aulice Tire Co., Ltd., broke ground in Huangshi City, Hubei Province centralizedly.

The projects in the rubber industry include: the full-steel radial tire production line project with an additional annual output of 300,000 units to be invested by Hubei Aulice Tire Co., Ltd., with an investment of RMB 150 Million Yuan and a construction period of 1 year; a project to be invested by Hubei Qiren Shoes Industry Co., Ltd. with an investment of RMB 50 Million Yuan and a construction period of 19 months, in which the first-phase project will rent a 8,600 m2 standard workshop for production, and the second-phase project plans to requisition 15 mu of land; and a project to be invested by Jiayu Shoes Industry Co., Ltd. with an investment of RMB 50 Million Yuan and a construction period of 17 months, in which the first-phase project will rent a 3,000 m2 standard workshop for production, and the second-phase project plans to requisition 30 mu of land for the construction of workshop.