tyre.media Prinx Chengshan achieves double-digit growth in 2024
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Prinx Chengshan achieves double-digit growth in 2024

09 May, 2025
3 min. read
Prinx Chengshan

Prinx Chengshan

Prinx Chengshan, one of China’s leading tire manufacturers and a key exhibitor at CITEXPO 2025, has reported outstanding results for 2024. The company’s operating revenue surpassed RMB 10.97 billion. Net profit rose to RMB 1.31 billion, reflecting a 26.9% year-on-year increase.

In terms of volume, 28 million tires were sold throughout the year, representing an 11.7% growth. This includes 8 million all-steel radial tires, 19.5 million semi-steel radial tires (up 18.6%), and 500,000 bias tires (up 3.7%).

Another major highlight is Prinx Chengshan’s strong financial health. The company’s net assets reached RMB 6.54 billion, a 20.4% increase year-over-year, further underscoring its solid foundation for continued growth and investment.

Nearly two-thirds of Prinx Chengshan’s total revenue comes from international markets, showing that Prinx Chengshan is clearly a trusted global brand. The company’s expansion into several new countries demonstrates its growing influence and capability to compete on the world stage. Prinx Chengshan is more than just a successful company - it is a model of modern manufacturing excellence. With global reach, strong financials, and a proven ability to adapt and grow, Prinx Chengshan stands as one of the most competitive and capable tire manufacturers in the world today.

Want to meet Prinx Chengshan without a middleman? Join us at China International Tire Expo 2025, taking place from 3-5 September 2025, at the Shanghai World Expo Exhibition & Convention Center. Visit Prinx Chengshan at Booth 1315 (Hall 1) to explore their latest products!

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