Shandong Fengyuan Tire Manufacturing Co., Ltd. is located in economic development zone of Yicheng, Zaozhuang City. The company is led by Shandong Energy Zaozhuang Mining Group Bayi Tire Manufacturing Co., Ltd., Yicheng District SASAC and Fengyuan Of Coal And Electricity Co., Ltd. Those three parties jointly develop a modern tire manufacturing enterprise. We adopt the TTA company technical system, and have strong abilities to research and development. Our products comply with European Labeling Regulation and the concept of green tires. Our factory occupies an area of 628 acres, and the overall plan scale is 20 million semi-steel radial tires. The total investment is RMB2.5 billion, and we plan to complete the construction task in 2016. Once the project is completed, the annual sales will realize revenue of RMB6 billion, profit taxes of RMB800 million, and profits of RMB500 million.