Zhongce Rubber's IPO was approved by the Listing Committee of the Shanghai Stock Exchange, ranking it among the top ten global tire manufacturing companies.

On February 13, China National Chemical Group Corporation (referred to as China National Chemical) passed the listing committee meeting of the Shanghai Stock Exchange main board. The sponsor of this IPO is China Securities Co., Ltd., aiming to raise 4.85 billion yuan. The prospectus shows that China National Chemical is mainly engaged in the research, production, and sales of various tire products such as all-steel tires, semi-steel tires, bias tires, and tires. Since its establishment, the company has been committed to providing high-quality, high-performance, environmentally friendly and energy-efficient tire products for consumers at home and abroad, including all-steel tires, semi-steel tires, bias tires, and tires. The company owns multiple well-known domestic and foreign brands such as "Chaoyang," "Haoyun," "Weishi," "Quannuo," "Yadu," "Jinguan," "WESTLAKE," "GOODRIDE," "CHAOYANG," and "TRAZANO." With a strong and comprehensive domestic and international marketing network system, the company's tire products cover most provinces and cities in China, and are exported to most countries and regions in Europe, the Americas, Africa, Oceania, Southeast Asia, and the Middle East. Currently, the global tire industry has formed a highly concentrated industry cluster led by large multinational companies, with obvious advantages in the leading companies. In recent years, Chinese tire companies have developed rapidly, becoming an important force in global tire production, but there is still a certain gap with international well-known brands in the high-end passenger car tire market. China National Chemical is one of the largest tire manufacturing companies in terms of sales scale in China, continuously growing and expanding into a well-known enterprise in the global tire industry. The company ranks first in the "2024 Annual China Tire Enterprise Ranking" released by the China Rubber Industry Association, and is also among the top ten global tire manufacturing companies selected in the "2024 Global Annual Tire Report" by the US Tire Business magazine. In terms of finances, in the fiscal years 2021, 2022, 2023, and January-June 2024, China National Chemical achieved operating income of approximately 30.601 billion yuan, 31.889 billion yuan, 35.252 billion yuan, and 18.518 billion yuan, respectively; during the same period, the company achieved net profits of approximately 1.375 billion yuan, 1.225 billion yuan , 2.638 billion yuan, 2.540 billion yuan respectively.