A few days ago, Huai'an City, Jiangsu Province, released the top 50 large-scale enterprises in industrial land investment in the first half of this year.
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The total area of land acquired by it is 415.99 hectares, and the cumulative amount of land acquired is 876 million yuan.
Tire World Network learned that Kubisen Tire (Jiangsu) Co., Ltd. ranked second on the list.
The Company acquired 1 parcel of land in Huai'an District, with a total area of 30.64 hectares.
The amount of land acquired is as high as 73.535 million yuan.
It is understood that Kubisen Tire plans to build a tire project with an annual output of 33.5 million tires in Huai'an District.
The project plans to invest 10 billion yuan, adopt high-end process production lines, and be constructed in two phases.
Among them, the first phase will build a production line with an annual output of 15 million sets of semi-steel tires;
The second phase will build an annual output of 15 million sets of semi-steel tires and 3.5 million sets of all-steel tire production lines.
The construction period of the whole project is 4 years, and the first phase is 18 months.
According to people familiar with the matter, at present, the project has started construction.
As a major project in Jiangsu Province, the Cubison tire project has received great attention from the government.
At the beginning of June, Shi Zhijun, secretary of the Huai'an Municipal Party Committee, went to the site to check the construction progress of the project.
According to the data, Kubisen Tire was established in 2023 with a registered capital of 500 million yuan, and the legal representative is Chen Zhao.