Qingdao and Dongying issued a document to eliminate 59 rubber companies at one time!

- May 07, 2019-

Two weeks ago, the list of rubber companies that were announced in Weihai, Yantai, and other cities in Shandong Province, which had been “closed and eliminated”, caused great repercussions in the industry. On April 23 and 30, Dongying City and Qingdao City also released. The list of enterprises that “shut down and phase out” has named 59 rubber companies.

According to "China Rubber", the rubber enterprises that entered the Dongying Municipal Government's "proposed shutdown list" were Dongying Yongzheng Rubber Co., Ltd., Dongying Huantai Rubber Co., Ltd. and Guangrao Haocheng Rubber & Plastic Co., Ltd.

The Qingdao government's rectification efforts are huge. It lists a list of 205 companies at a time. A total of 56 rubber companies have been named, involving tires, rubber products and rubber additives.

In the list, Qingdao City has given a number of remarks in the form of “closed, discontinued production” and “planned relocation”, while unreported enterprises need to make a decision whether to suspend production or relocate and pass the higher-level review.

"China Rubber" noticed that the seal of Qingdao Kaishi Seal is intended to be relocated. This company has more than 40 years of research and development and production history of sealed products. Enforcement of relocation work may have an impact on its normal operation.

In addition, the list of Huanghai tires is not well known as Qingdao Huanghai Rubber Co., Ltd., a company with similar name was established in 1998, located in Qiandian Township, Jiaozhou City, with a registered capital of 3.06 million yuan.

Some people commented that the transformation of the old and new kinetic energy in Shandong was unprecedented, but in the period of transitional pain, the manufacturing industry did suffer. The GDP growth rate of Shandong Province in the first quarter was only 5.5%, and the growth rate was counted down in the country. Only higher than Tianjin and Heilongjiang.

From the outside, according to another statistical data, in the first quarter, the cumulative growth rate of the above-scale profits of Shandong Province fell by 26.4%. The total profit growth of the above-mentioned cities in Qingdao, Zaozhuang and Weihai was positive.