According to the latest released results of quarterly index by MSCI, Linglong Tire and other seven new shares will be included in MSCI China A-share index. As an important tool, MSCI China A-share index can help international investors to understand and participate in China's A-share market.
On August 21, 2016, “the launching ceremony of Linglong Tire reaching Arctic & Antarctic” was held in Linglong Tire. Ju Hang, Chinese famous photographer and polar explorer, Li Hongmei from sdchina. com as well as Mr. Wang Feng, Linglong Tire’s chairman, attended the ceremony.
On August 6, 2016, the meeting of sales force for the first half of 2016 was held successfully. Mr Wang Feng, chairman of Linglong Tire, leaders of each sales department and nearly 300 salespersons from Linglong Tire attended this meeting.
Linglong Tire Became the First Chinese Tire Company to Use International Standards to Pack and Transport Rubber21.07/2016
On July 23, 2016, Linglong Tire signed tripartite strategic cooperation agreement on natural rubber purchasing and transportation with Guangdong Guangken Rubber Group and Singapore Goodpack. Chen Ming, Chairman of Guangken Rubber Group, Yang Fuyun, general manager of Guangken Rubber Group; Michael.Liew, vice CEO of Singapore Goodpack, Cheng Haiming, general manager of ChinaGoodpack; Li Zhi, deputy general manager of LLIT, and Anna Lv, CFO of Linglong Tire attended the signing ceremony.
By July 19, 2016, just 10 days after going public, the total market capitalization of Linglong Tire has reached 50.508 billion CNY, ranking No.1 in 33 A share listed companies in Yantai; ranking No.3 in 165 A share listed companies in Shandong, second only to Shandong Gold Cooperation Company and Qingdao Haier, and Linglong ranks No.128 in Chinese listed companies.
On Jul 6th, the initial public sharing of Shandong Linglong Tire Co., Ltd. officially listed on Shanghai Stock Exchange (SSE). Linglong Tire (601966) went up by 44%, reached the limited amount of increase at the first day. Linglong Tire, as the new shares which raised most amount of money in the first half of 2016, raised over 3,596 billion CNY, becoming the most attention-attractive A shares company.
On July 1st, 95th anniversary of Chinese Communist Party's foundation conference was held in Great Hall of People in Beijing. Plenty of important party and state leaders like Xi Jinping, Chairman of the Central Military Commission of the People's Republic of China, Li Keqiang, Zhang Dejiang, Yu Zhengsheng, Liu Yunshan, Wang Qishan, Zhang Gaoli and more else. Chairman Xi Jinping gave important speech. Mr. Wang Feng, the president of Linglong Tire, attended the conference by invitation and got awarded, as the representative of advanced party organization at primary level. Linglong Group Party Committee was awarded "National Advanced Party Organization at Primary Level", this award is chosen every five years, only 300 party organizations got the award for the whole country this time.
On June 26th, 2016, Linglong Tire 2016 China Truck Racing Champion opening ceremony and first match was held in Chengdu. This is the second year for Linglong being the title sponsor of CTR. Total 11 teams took part in this match including Linglong Tire, Auman GTL, Chenglong Vehicle, Hualing Xingma, covering several major brands in home like Auman, FAW, Dongfeng, Jianghuai, Shaanqi and so on. CTR is the only truck match which was listed in National Sports Competition Project.