Recently, DOUBLE COIN Group (Jiangsu) Tire Co., Ltd.’s “Intelligent Upgrade and Expansion Project for All-Steel Radial Tire Production Line” successfully received approval from the relevant -authorities.
The total investment for this project is approximately 500 million RMB, with an environmental protection investment of up to 20 million RMB. The project aims to replace outdated equipment with intelligent devices and upgrade the old equipment to enhance the production line’s intelligence level while maintaining the existing production process. Although the production line will become more advanced and efficient after the project’s completion, its capacity will remain unchanged.
The project will be implemented in three phases to ensure a smooth transition and effective utilization of resources.
