ZC Rubber Is Doing Big Business in Africa | DZHI - DZH International 
logo

ZC Rubber Is Doing Big Business in Africa

  • i2Matrix
  • 25 June 2019
 
Zhongce Rubber Group Co. Ltd. (ZC Rubber) hosted more than 50 of its partners and tire dealers in Africa at a dealer conference. During the meeting the company said sales in Africa have increased 51% in the last five years. ZC Rubber expects to hit $184 million in 2019. 
 
During the June 19 meeting, Mack Cai, general manager of ZC Rubber's international business, said the company increased sales over the five-year period from $101 million to $153 million. 
 
Ge Guorong, vice president of ZC Rubber, said as of the first quarter of 2019, the company is the top Chinese tire exporter according to Chinese customs data. ZC Rubber's truck bus radial tire output reached 4.61 million units, an increase of 2.4%. Passenger tire production hit 9.25 million units, a 16.37% increase compared to the first quarter of 2018. 
 
In 2019, the company's overseas market target expects to reach 6.7 million TBR tires, 20 million passenger and light truck tire units, and 45,000 off-the-road tires. For revenues, ZC Rubber's goal is to record $1.680 billion from its overseas market in 2019. 
 
Ge Guorong also introduced the new business mode of ZC Rubber Auto Space to provide the best customer service 
and technology support on manufacture distribution and retail for the African market.
 
“We practice smart production, smart tire and smart supply and perfect stock management and distribution system to provide a timely supply of tires to all consumers. We devote to bring customers the best experience on the business and build win-win cooperation.” 
 
ZC Rubber says it is aggressively ramping up its expansion across markets, especially focusing on building up new customers relationships in Madagascar, Malawi, Chad and Niger. 
 
“Providing safety and value for customers is always our mission to execute every phase from R&D to production and sales. We will provide target products for different customers in local market and meet their requirements with premium tires and support dealers on the marketing activities to improve the consumer loyalty of local customers." 
 
-- MTD
 
 
 
 
 
 
 
For more Rubber and Crude Palm Oil reports that includes twice daily prices & other news reports, you can purchase the subscription here.
 
 
 
 
 
 
 
 

THE PEOPLE

Benny Lee

Founder of i2Matrix. A market strategist, private trader and sought-after financial speaker and trainer in the Asian Region, Benny Lee has coached hundreds of professional and retails traders and investors in Malaysia, Singapore, Hong Kong, Thailand, Vietnam, Pakistan for more than 13 years. His passion in trading and chart analysis leads him to develop trading strategies that have helped him and many others to trade and invest successfully in the financial markets.

Benny Lee is recognized by the Malaysian and Singapore Stock Exchange as a Credible Trainer. He has also trained professionals in Malaysia under Securities Commission’s Continuous Professional Education (CPE) Program. He is also a market strategist Jupiter Securities Sdn Bhd, a Malaysian stock-broking firm.

Benny has been invited to share his expert opinion in major commodities and financial events in Malaysia, Singapore, India, Indonesia, Vietnam, Thailand, and Romania. His analysis on the financial markets can also be found on a regular basis in leading financial magazines like Smart Investor, Shares Investment Magazine and The Edge Daily in Malaysia, and Pulses Magazine in Singapore. He has also appeared on TV Financial Programs such as Capital TV (Malaysia), Channel News Asia (Singapore) and Sunbiz (Pakistan) to share his views about the markets and technical analysis.

Today, you can find his market comments regularly on The Financial Edge Daily (Wednesdays), Interview on BFM89.9 (www.bfm.my) business radio station on Mondays at 9.00 am, The Busy Weekly, a Chinese business weekly and Palm Oil Fortune (A monthly magazine by the Malaysian Palm Oil Council, MPOC). His views are also regularly quoted on Bloomberg.

For more information, you can visit them at http://www.i2matrix.com