SHANDONG YONGTAI GROUP CO.,LTD.

NO.262 QINGKEN ROAD RUBBER INDUSTRIAL PARK DAWANG TOWN GUANGRAO CUNTY, Dongying, Shandong, China

257335

Shandong Yongtai Group Co., LTD, founded in 1996, is an International enterprise group for producing tires ， aluminum magnesium alloy wheels, auto parts and car body structure components. Shandong Yongtai also integrates cogeneration, new energy and industrial research and trading. Yongtai Group is the first enterprise in Dongying City to specialize in the manufacturing of passenger car radial tires through independent research and development. The development of the company grows to be the unique Chinese supplier of tires for the World Rally Championship and also the champion for 2014 WRC2. Yongtai becomes the third tire company which has won the WRC after Michelin and Pirelli since the start of the 1974 WRC. Yongtai Group insists upon excellence in the tire industry and focuses on the introduction of advanced technology and high-end equipment. This focus helps to develop and create high-precision products different from others on the market. With high production technology, high added value of environmental-friendly UHP tires and special racing car tires, Yongtai Group speed up cultivation and construction of its own brand and build a sound domestic and international marketing terminal sales network. The main tire products are many high-end, personalized products, including passenger cars radial tires, light truck radial tires, truck radial tires, racing tires, MT tires, run-flat tires, SUV tires, snow tires, color focus tires. Those products are under a range of quality brands including Durun, Banners, Goldway, Covpress. And Durun radial tire trademark had been awarded “Chinese well-known trademark” by State Trademark Office, “Shandong famous brand” and “Shandong famous export famous brand”. They have been exported to over 100 countries and regions across Europe, America, Australia, Middle East, South-east Asia and Africa. Yongtai Group has actively transformed, adjusted and upgrade to become an international high-tech industrial company. The strength and competitiveness of Yongtai Group has been further promoted. On July 13, 2013, Yongtai Group invested 30 million pounds on the successful acquisition of the British Covpress International Holdings Ltd., Co, became the first enterprises to realize the mergers and acquisitions of UK company in Shandong Province and achieved cooperation with world-renowned automotive companies, making Yontgai Group step into threshold of international well-known companies and a world-renowned automobile enterprise. On June 12, 2015, Yongtai Group grasp the market opportunity tightly, around the "automobile industry'' development, invested 28 million pounds on the successful acquisition of Japan Honda‘UYT’Auto Parts Factory, and changed its name to Covpress Assembly Co., LTD. Yongtai group believes in the business idea of “going out” and “bring in”in relation to products that can continuously improve the technological level, visibility, and profitability of the company. Yongtai have recently founded a number of new businesses, including aluminum-magnesium alloy wheels of Shandong Jiutai Autoparts Technology with 3 million pcs annually and high-end stamping parts, body paneling program of Shandong Covpress Machinery Co., Ltd with 54 million pcs annually.