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Linglong on China Fortune 500 List
On July 10, 2018, Fortune China released the latest China Fortune 500 List. Through its excellent business performance in 2017, Linglong Tire ranked No.498 on this list, which was also the only Chinese tire enterprise on this list.
The indicators of the company were rising steadily in 2017, making the company's operation revenue reach RMB 13.918 billion, a increase of 32.33% YoY. Linglong's production and sale reached a new high in 2017. The annual capacity of Linglong tire reached 50.25 million units, increasing 15.98% YoY; the total sales of Linglong tire in 2018 reached 49.1 million units, increasing 16.41% YoY. In 2017, Linglong's brand value reached RMB 30.562 billion.
In 2018, Linglong will continue to promote the 5 + 3 global industry layout to achieve the strategic goal of developing into a world-class tire enterprise as soon as possible.