Recently, Guizhou Tire made detailed disclosures on its production and operations during a survey.
It is reported that Guizhou Tire's investment projects in Vietnam have achieved remarkable results. At present, the overall capacity utilization rate of the first and second phases of Vietnam's projects has reached more than 90%, showing strong production capacity and market demand. At the same time, the output of the Phase 4 and Phase 1 project in Zazuo is also steadily increasing. The company is committed to improving the level of lean management on site and continuously enhancing labor efficiency and per capita output. Guizhou Tire stated that it will pay close attention to market demand and development trends, and continue to enhance the competitiveness of products, services and cost to ensure that high-quality products are used to promote the company's long-term high-quality development.
In terms of carbon black production, Guizhou Tire has also made important progress. Trial production of the second phase of carbon black project with an annual output of 50,000 tons began in mid-May this year, and the current production capacity has reached more than 90% of the rated production capacity. According to the Carbon Black Industry Network, once the first and second phases of carbon black projects are produced at full capacity, it will be able to meet about 75% of the carbon black consumption of the Guiyang plant, which marks an important step for the company to be self-sufficient in raw materials. step.
In addition, Guizhou Tire also disclosed the relevant situation of its export business. Last year, the company's overseas sales revenue accounted for 36.41% of total sales revenue. These export products are mainly in replacement markets, and supporting markets only account for a small part. Products are mainly sold to markets such as North America, the Middle East and Southeast Asia. It is worth noting that the company's proportion of exports to the single market is not high, which makes the company have strong risk resistance when facing market risks.