South China Tire & Rubber Co., Ltd.

Company Profile

■URL

http://www.wanli-global.com/

■Address

No.116, Donghuan Road, Shiqiao Town, Fanyu, Guangzhou, Guangdong 511400, China

Business Overview

-The largest manufacturer of radial tires in southern China.

-Wanli Tire exported tires accounted for 52% of total sales, supporting market accounted for 30% of total sales, domestic market accounted for 18% of total sales. At present, it supplied tires for 83 models of 26 OEMs such as Dongfeng-Peugeot-Citroen Automobile, Dongfeng Passenger Car, Zhengzhou Nissan, JAC, FAW Car, GAC Trumpchi and GAC Honda.


-Its products are sold under the brand names "Wanli", "Sunny", and "Mlever".

Shareholders

Unlisted (As of Dec. 31, 2018)

Shareholders Shareholding Ratio (%)
Guangzhou Vanlead Group Co., Ltd. 93.18%
Guangzhou International Trust and Investment Corporation 3.75%
Guangzhou Vanlead Group Capital Management Co., Ltd. 3.07%
Total 100%

 

Products

Radial Tires
Radial tires for passenger vehicles
Radial tires for light-duty trucks
Tube type radial tires for heavy-duty trucks
Tubeless radial tires for heavy-duty trucks

History

Dec.1988 The Company was established
Apr.1992 Completed construction of the radial tire manufacturing line that has an annual production capacity of 500,000 units and started operations.
1992 Started OEM supply to Shanghai VW.
1993 Started OEM supply to FAW-VW.
Sep. 1994 Registered 'WANLI' as the trademark of the Company in Australia, New Zealand, and other countries. 
1999 Annual production capacity of radial tires reached 1.5 million units. 
2002 Annual production capacity of radial tires reached 3 million units.  
2005 Released the "Mlever" radial tires and expanded its domestic sales network. 
Jul. 2005 Established Guangzhou Wanli Tire and Rubber Co., Ltd.
Aug. 2008 Wanli Tire and Rubber Co., Ltd. renamed Guangzhou Fengli Tire and Rubber Co., Ltd.
Jul. 2009 The Company acquired Guangzhou Baoli Tire Co., Ltd.
2014 Guangzhou Baoli Tire Co., Ltd., the Company's subsidiary, completed liquidation process.
Aug. 2014 Guangzhou Fengli Rubber & Tire Co., Ltd., a subsidiary of the Company, announced that it began plant expansion of 10 million units per year at the Guangzhou Conghua Aotou Industrial Zone.
Sep. 2014 The Company announced that its 100 millionth Wanli series tire rolled off its production line.
Feb. 2015 Hefei Wanli Tire Co., Ltd., a new joint venture between Guangzhou Fengli Rubber & Tire Co., Ltd. (subsidiary of the Company) and JAC, held a cornerstone laying ceremony in Changfeng County, Hefei
Mar. 2016 Guangzhou Fengli Rubber & Tire Co., Ltd., a subsidiary of the Company, announced that it will change its company name to Wanli Tire Co., Ltd.

Supplemental Information 1

>>>Business Report FY2010
>>>Business Report FY2011
>>>Business Report FY2012
>>>Business Report FY2013
>>>Business Report FY2014
>>>Business Report FY2015
>>>Business Report FY2017

Note: A figure in brackets ( ) indicates a loss

employees

  FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Total 4,332 4,059 -

Source : China Automotive Industry Yearbook (Issued every October)

Sales data in recent years

(millions)
  FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Sales 3,422.69 3,082.98 -

Source : China Automotive Industry Yearbook (Issued every October)

Volume of Production of Tires

(in thousand units)
FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Production 12,373 11,026 10,744

Source :China Automotive Industry Yearbook (Issued every October)