"Maxima" tires galloping across, "common shares" development to a new level. On September 19, Jiangsu General Technology Co., Ltd. (stock code: 601500), a subsidiary of the Hongdu Group, held a grand launch and listing ceremony on the Shanghai Stock Exchange, successfully entering the capital market and entering a brand new stage of development. 9:30, Jiangsu Province, CPPCC Vice Chairman Luo Yimin, CPC Wuxi Municipal Committee, Mayor Wang Quan, China Rubber Industry Association Deng Yali, Vice Chairman of the All-China Federation of Industry, Hongdou Group Secretary of CPC Zhou Haijiang together Listed gongs. The gongs loud and clear, GM shares successfully entered the capital market, into a new stage of development. Mr. Lu Zhiqian, secretary of Wuxi Xishan District CPC Committee, Mr. Qi Liang, president of CITIC Securities Co., Ltd. and Mr. Gu Cu, chairman of Jiangsu General Technology Co., Ltd. delivered speeches respectively. Former Deputy Secretary-General of the State Council Liu Jimin, member of the CPC Wuxi Municipal Committee, Guests attended the ceremony. About Us GM shares was founded in 2002, is a professional high-tech enterprise engaged in R & D, production and sales of all-steel radial tire and bias tire. As a leader in the replacement of all-steel radial truck tires in China, GE has strong R & D and technical advantages, product advantages in the market segments and a well-established marketing network. It has established more than 100 image stores and over 7,900 sign shops, Throughout the country, at the same time, our products are exported to more than 20 countries and regions in the world, such as the United States, Europe, Southeast Asia. The company "Maxima", "Red Rabbit" tires have a strong market influence and brand reputation. In the future, GE will further push forward its capability of independent innovation construction and operation and adhere to the strategic mission of "contributing products to society with the best price / performance ratio", and promote "securitization, service, high-end, differentiated, intelligent and lean "Six construction, brave to do the industry leader, pioneer of technological innovation and the pioneer of industrial upgrading, leveraging the capital market platform to implement the connotation of growth, expansion and expansion, to build high-end brand of national tires, to become China's international influence Tire benchmarking business. Issue Overview General shares of common stock products raised investment project The raised funds investment projects for the "General Technology Co., Ltd. Jiangsu 2 million sets of steel radial tire project (1 million units) technological transformation project" and "Jiangsu General Technology Co., Ltd. Tire Technology Research Center construction projects. " The whole project of steel radial tire second phase (1 million sets) technological transformation project plans to invest 757,149,300 yuan to build a production base of all-steel radial tire in Donggang Industrial Park in Wuxi City, Jiangsu Province, covering an area of ​​about 192,200 square meters . The production base design annual production capacity of 1 million all-steel radial tire, the project investment period of 3 years, completed in the fourth year of production. The project is conducive to promoting the Company's balanced layout in the areas of short steel, medium and short-distance and long-haul products such as all-steel radial tire products, and enhances the Company's production capacity and market competitiveness. Technology research center construction project intends to invest 51.62 million yuan to tire technology research center for technological innovation in the center on the basis of the original increase of the world's leading testing equipment, software construction investment, the introduction of a number of domestic and foreign tire industry product research experts and research equipment . Tire Technology Research Center will build a domestic first-class tire research, development and testing platform, which will help enhance the company's ability to independently research and development of specialized tires.

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