In 2009, in the face of the financial crisis sweeping the world, Huaqin Group relied on its leading development concepts, profound technological accumulation and excellent market control capabilities to buck the trend and achieve sales revenue of 12 billion yuan, profits and taxes of 1.1 billion yuan, and export earnings of 10.

billion, with all major indicators doubling compared with the previous year.

Pirelli Tire Co., Ltd. is a joint venture between Huaqin Group and the Italian Pirelli Group, a Fortune 500 company. It has an annual production capacity of 1.2 million sets of all-steel load-carrying radial tires and 10 million sets of top-grade car tires. It is an emerging global leader in R&D and manufacturing of top-grade tires.

enterprise.

Shandong Aneng Conveyor Belt Rubber Co., Ltd. is a joint venture between Huaqin Group and the Fortune 500 American Goodyear Group, with a total investment of US$300 million. It has 24 large-scale, efficient and intelligent vulcanization production lines, with an annual output of 40 million square meters of high-strength conveyor belts.

With the full support of the world's top 500 companies and the world's largest private equity investment fund, the American Carlyle Group, it has developed into the world's largest conveyor belt manufacturing enterprise with the most advanced technology and the highest market share at home and abroad.