Wanli Tire eyes major capacity expansion

Wanli Tire Co Ltd, a State-owned enterprise based in Guangzhou, capital of Guangdong province, has begun construction of a new-phase production base amid a recovery of the country's tire industry last year.

The company's third-phase expansion project, located in the existing factory area of its production base in Conghua, a suburb of Guangzhou, aims to create a green, intelligent and efficient tire-making demonstration factory, with a designed annual production capacity of 12 million units.

The company's production capacity expansion was driven by a sharp increase in orders, company executives said.