On April 22, Production and Processing Project of 50,000 Units of Retreaded Tires and Conveyer Belts of Shouxin Tire Retreading Co., Ltd. was officially launched.

This project is located in Tongyu County, Baicheng, Jilin City, with a total investment of 75 Million Yuan, and can produce 50,000 units of retreaded tires, 5,000 tons of 80- mesh fine rubber powder and 500,000 meters of conveyer belts each year after being put into operation. It is predicted that the annual sales revenue is 75 Million Yuan, the value-added tax is 3 Million Yuan, the net profit is 5.80 Million Yuan and 150 job posts can be provided. The company will become the largest tire retreading and rubber conveyer belt processing enterprise in Baicheng City after the project comes into operation.