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Zhongce Rubber Group Co 603049.SS · CNY

Consumer Discretionary · Shanghai · 🇨🇳 China

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38.96

-1.59%

Close of 9 Nov 2026, in CNY

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About Zhongce Rubber Group Co

Its shares trade on Shanghai under the ticker 603049.SS. It has been listed since 5 June 2025. In the fiscal year to 31 December 2025, it reported revenue of CN¥44.96bn and net income of CN¥4.15bn. At that date it held total assets of CN¥52.22bn and shareholders' equity of CN¥24.81bn.

Zhongce Rubber Group Co., Ltd. engages in the research and development, production and sales of tires. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2025-06-05. The firm's main products include all-steel tires, semi-steel tires, bias tires and tires. All-steel tires are mainly used in heavy-duty trucks, long-distance passenger vehicles, construction machinery vehicles and others. Semi-steel tires are mainly used in passenger vehicles such as cars and commercial vehicles. Bias tires mainly include agricultural tires, industrial vehicle pneumatic tires and others, which are suitable for vehicles and mechanical equipment such as agricultural machinery and loaders. The tire product series covers different fields such as electric vehicle tires, motorcycle wheels, urban version electric power tires, and electric scooter vacuum tires. The firm owns brands such as CHAO YANG, GOODRIDE, TRAZANO, YARTU, WEST LAKE and others. The firm mainly operates its businesses in the domestic and overseas markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Auto Components
Listed since
5 Jun 2025
Employees
19,072

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The company employs 19,072 full-time staff members globally.
  • It operates multiple brands including CHAO YANG and GOODRIDE.
  • It produces tires for electric vehicles and heavy-duty trucks.

Weaknesses

  • The firm went public on June 5, 2025, making it a new entity.
  • It relies on a limited number of product categories like bias tires.
  • It faces competition in both domestic and overseas markets.

Opportunities

  • The company can expand its electric vehicle tire series.
  • It can grow its presence in the overseas markets.
  • It can leverage its diverse brand portfolio for better reach.

Threats

  • Market fluctuations affect the consumer discretionary sector.
  • Raw material costs impact the production of rubber products.
  • Competitors in the auto components industry pose a risk.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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