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Serbian Government Delegation Visited Linglong Tire
During the 6th China-Central and Eastern European Countries (CEEC) Local Leaders' Meeting, held between October 13th and 17th, a Serbian government delegation, including Vojvodina Governor Maja Gojković, Provincial Secretary Nenad Ivanišević, and Zrenjanin Mayor Šimo Šalapura,visited Linglong Tire's headquarters for an in-depth tour and exchange. Government leaders from Shandong Province and other levels, as well as Linglong Tire Chairman Wang Feng and other company executives, accompanied and hosted the delegation.
In March 2019, Linglong Tire initiated the construction of its second overseas factory, Linglong International Europe d.o.o. Zrenjanin, in Zrenjanin, Serbia. Phase I of Linglong Europe project, with an investment of $990 million and a designed annual capacity of 13.62 million high-performance radial tires, is not only the largest greenfield investment project by a Chinese company in Serbia but also a significant foreign investment project for the country. With the full support of both China and Serbia, the project has achievedsignificant high-quality development milestones.
In September 2024, Phase I of the Linglong Europe project successfully commenced mass production, with products primarily supplied to the European andneighboringmarkets, laying a solid foundation for Linglong to further expand its global market. Additionally, the completion of this project hasspurred the local tire industry chain's development, positively contributing to local economic development and the improvement of people's livelihoods. While pursuing economic benefits, Linglong Europe also focuses on fulfilling its social responsibilities. The company actively integrates into the local community, participates in community activities and urban construction, reduces its impact on the surrounding environment through design optimization, and achieves harmonious coexistence between the factory and the city. Meanwhile, Linglong has established a public welfare development fund in Serbia, actively undertaking corporate social responsibilities and promoting cultural exchanges and cooperation between China and Serbia.
Based on the solid foundation of cooperation between the two parties, Linglong Tire has decided to proceed with the construction of Phase II of Linglong Europe project this year. Phase II is expected to create over 400 new jobs and further promote economic development, increase tax revenue, expand export earnings, and improve residents' living standards in Serbia, with better quality, higher efficiency, and superior benefits.
On the occasion of the China-CEEC Local Leaders' Meeting, the Serbian government delegation's field visit to Linglong Tire is not only a recognition of the long-term friendship between the two parties but also an expectation for deepening cooperation in the future. During the visit, they highly praised Linglong's strong research and development capabilities and intelligent production workshops, as well as expressed a strong desire to deepen humanistic exchanges with Linglong and inherit the traditional friendship between China and Serbia. The friendship between China and Serbia has a long and storied history. Taking this exchange as a starting point, Linglong will unwaveringly promote the high-quality development of Linglong Europe, establish a compliant management system, strictly comply with Serbian laws and regulations, actively cooperate with governments at all levels to do a good job in various tasks, and jointly promote regional economic development. At the same time, respecting Serbian customs and culture, Linglong will build an inclusive, open, and harmonious new factory and strive to make Linglong Europe a new frontier and model for exchanges between the peoples of China and Serbia!