Scanning the status quo tire industry privatization

Interpretation of 2004 China Rubber Industry Association of National Tire Branch of the 46 major economic indicators of the tire business statistics, it is not difficult to find that the private economy in China's tire industry has developed rapidly. It could be argued that the private economy has become a new force of the tire industry. From the sales, production, exports, profits, labor productivity and other areas compared to non-tire businesses than state-owned and foreign-funded enterprises favorably, a number of indicators at the forefront of the industry. Encourage the country to support and guide the individual and private and other non-public economic development policy, the tire industry is also increasing the momentum of privatization, the tire industry has become an important and indispensable aspect.

The tire industry privatization began in 2003 and accelerate in 2004. By the end of 2003, China's tire industry compared with influential private enterprises in Shandong Linglong only when the privately-run enterprises tire sales tire industry accounts for only 10% of total sales. In the high level of technology in the field of radial tire, the proportion of private enterprises, only 2.4 percent. In 2004, China's tire industry significantly speed up the privatization process. Its main strength: Shandong Triangle Group, Chengshan Group's restructuring of state-owned enterprises; Second, Shandong Kim Woo-tire Tire Co., Ltd. and a number of investment projects of private enterprises.

According to the National Bureau of Statistics over the size of the tire business, the number of private enterprises over state-owned and foreign-funded enterprises, whose 2004 sales growth of 245 percent over the previous year, the tire industry accounts for 27.1 percent of total sales. On the contrary, the state-owned enterprises tire sales in 2003 rose from 61.2% to 43.2%. Radial tire in the area of private enterprises in China's steel tire set off the investment, all-steel radial tires on the new line up more than 10. Tire sales in 2004 grew 891 percent over the previous year, accounting for radial tire industry sales of 18.1 percent. The state-owned enterprises radial tire sales in 2003 rose from 40.8% to 27.8%. Of course the main reason for take-off and landing because the Group of 30 cents, Chengshan Group, the identity of the ownership change.

2004 National Tire business major economic indicators in order, among the highest number of private enterprises, reflecting a strong private economy's competitiveness and flexibility. Former top 10 in sales, the Group of 30 cents, Chengshan Group, Shandong Linglong second, third, fifth; in the radial tire sales, 3 top ten private enterprises; exports in the delivery The top ten, there are 3 private, triangular steel group fetal export delivery value in the first place; reflected in the profit target enterprises, private enterprises significantly better than state-owned enterprises, the Group Triangle, Chengshan Group, Shandong Linglong second, third, fourth place; in labor productivity, Shandong Linglong to more than 430,000 yuan per capita in Jiangsu Hankook, Bridgestone, and other foreign-funded enterprises in Tianjin, top; in sales margins, cost The cost of the top 10 before the margin, private enterprises accounted for five seats, Chaoyang Ma Long, Shing Tai in Shandong top 2; the contrary in accounts receivable, inventory of finished tire production, a relatively private home, reflecting its funds in operation Ideally, the accounts receivable in the top five private enterprises without the shadow; the top 10 all-steel tire brand-name products in China, private enterprises accounted for three seats were 30 cents, Chengshan, Linglong.

The impressive performance of private enterprises, showing that the private economy in the tire industry's vitality. Since the accession of the private economy, China's tire industry in the nation's foreign-funded enterprises with competition from strength to strength.

However, non-tire businesses There is a certain problem, especially in recent years on steel investment fetal blindness and the majority of non-tire businesses of poor economies of scale. This is also a non-tire businesses sustained and healthy development of the question. It is understood that some non-tire businesses have begun to pay attention to and address this problem, a number of private enterprises started to pay attention to a new all-steel tire on readjustment of the production process and product quality, rather than blindly expand production, reflect the non-tire business is moving towards maturity.