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Aeolus, one of China's largest tire makers, also ranks among the world's 75 biggest tire manufacturers. Established in 1965 and reorganized into a publicly listed company in 2003, the company has led tire development efforts in Henan province and received CNAB, QS-9000 and VDA 6.1 certifications. Annual production capacity accommodates 2 million all-steel radial tires, 2 million bias tires and 300,000 off-road tires. Products follow DOT, ECE and CCC guidelines. Thirty percent of the company's output is shipped overseas. All exports are shipped under in-house brands, but 33 percent of output is purchased by domestic automakers under OEM/ODM contracts and distributed through Aeolus' national network. The ISO 9001-certified company is building a new factory in Jiaozou that will have the capacity to produce 4 million semi steel radial tires annually. In 2006, a radial off-road project for large engineering vehicles will be released. Aeolus also plans to enter the high-end sedan tire sector. Products Aeolus manufactures more than 400 models, including heavy-duty radial and bias types as well as models for light trucks, agricultural machinery and engineering equipment. All-steel radial tires represent the company's main product and after a 70 percent sales increase in 2005, received special R&D focus. The company also produces more than 20 off-road tire molds. Heavy-duty radial tires sell from US$60 to more than US$200. Bias models range from US$5 for an agriculture tire to US$7,000 for an engineering tire. The company's US$15-million R&D department employs 200 technicians and engineers to study material specifications, product structure and production technology, particularly for high-performance models.
All information contained in China Sourcing Reports is the result of exclusive, ground-level and definitive research conducted by Global Sources' analysts. Companies featured in these reports may or may not be clients of Global Sources.
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Supplier Profile |
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Company Background |
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Year established |
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1965 |
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Head office location |
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Jiaozuo (Henan) |
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Business type |
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Manufacturer: Direct exporter |
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Ownership |
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Publicly listed |
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Factory location(s) |
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Jiaozuo (Henan) |
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Total factory area |
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500,000sqm |
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Full-time employees |
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4,000 |
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Total annual sales (all products) |
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US$440.0mn |
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Annual R&D spending |
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US$15.00mn |
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R&D % of sales |
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3.4% |
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ISO certified |
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Yes |
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Sales & output: Tires |
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Annual sales |
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US$440.0mn |
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Share of total sales |
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100% |
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Annual export sales |
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US$160.0mn |
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Total monthly capacity |
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350,000 pieces |
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Average monthly output |
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330,000 pieces |
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Capacity utilized |
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94% |
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Average monthly exports |
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100,000 pieces |
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Export ratio |
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30% |
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