Zhitong Finance App News, Guizhou Tire (000589.SZ) announced that the company plans to invest in the construction of an “intelligent manufacturing project with an annual output of 6 million semi-steel radial tires” in Morocco, and plans to establish the proposed Qianjin Tire (Morocco) Co., Ltd. (tentative name) to be specifically responsible for the implementation of the project. The project is to be located in Tangier Science and Technology City, Morocco, with a total investment of US$299 million. The project is currently in preparation, and the construction period is expected to be 2 years.

Zhitong Finance App News, Guizhou Tire (000589.SZ) announced that the company plans to invest in the construction of an “intelligent manufacturing project with an annual output of 6 million semi-steel radial tires” in Morocco, and plans to establish the proposed Qianjin Tire (Morocco) Co., Ltd. (tentative name) to be specifically responsible for the implementation of the project. The project is to be located in Tangier Science and Technology City, Morocco, with a total investment of US$299 million. The project is currently in preparation, and the construction period is expected to be 2 years.