Shandong Linglong Tyre Co. Ltd. Corporate Update
Stock Performance
The share of Shandong Linglong Tyre (601966.SS) closed flat (0 %) during the 24‑hour period ending 06:45 PM Central Europe on Thursday 22 October.
Current trading price is approximately CNY 10.15 on major exchanges.
Total shares outstanding are 1.5 billion, giving the company a market capitalisation of CNY 15.1 billion.
Trading volume in the last 24 hours was CNY 64.6 million.
The share price has declined 2.29 % since the end of last month.
The simple moving average over the last 200 days is CNY 11.02.
The 52‑week high was CNY 15.87 (11 November 2025); the 52‑week low was CNY 9.93 (29 June 2026).
Recent Financial Results
The company reported a shift from profitability to a modest loss in the first half of the year.
Revenue fell slightly compared with the same period last year.
Net earnings turned negative, attributed to intensified competition in the rubber frame material sector, falling product prices, higher shipping costs, and increased exchange‑rate losses.
Management maintains focus on product and market expansion, particularly in high‑strength tyre steel, and on exploring overseas channels.
Sustainability initiatives continue, including wind and biomass power generation projects.
Peer Performance (last 24 hours)
| Company | Ticker | Change | Current Price | Market Capitalisation | P/E Ratio |
|---|---|---|---|---|---|
| Guangzhou Baiyunshan Phar | 0874.HK | –0.76 % | HKD 12.8 | HKD 21.3 bn | 6.19 |
| Jiangsu Lihua Foods | 300761.SZ | 0 % | CNY 21.75 | CNY 18 bn | 44.84 |
| Chongqing Zongshen Power | 001696.SZ | 0 % | CNY 14.65 | CNY 18.1 bn | 30.03 |
| Inesa Intelligent Tech | 600602.SS | 0 % | CNY 15.72 | CNY 18.1 bn | 110.1 |
| Guangzhou Automobile –H | 2238.HK | –0.72 % | HKD 1.98 | HKD 21.3 bn | – |
Jiangsu Lihua Foods saw a 4.27 % increase on 21 October as the livestock sector gained momentum. The company is a domestic leader in yellow‑feathered chicken farming, with a focus on large‑scale, standardised operations and integrated supply‑chain management.
Inesa Intelligent Tech benefits from the establishment of the National Data Group in Xiongan, which is expected to consolidate public data resources and accelerate infrastructure development.
Corporate Governance Updates
Guangzhou Automobile Group announced two governance items on 21 October: a resolution report from its 31st meeting of the 7th Board and a related‑party transaction involving a shareholder deposit to its subsidiary, Guangzhou Hui Li Automobile Finance. No further operational or financial details were disclosed.
Business Overview
Shandong Linglong Tyre Co., Ltd. is headquartered in Zhaoyuan, China.
The company designs, manufactures, and sells tires for commercial and construction vehicles worldwide.
It continues to pursue expansion in high‑strength tyre steel and overseas markets while supporting sustainability projects such as wind and biomass power generation.
