Tire stocks reemerged again in the development of the tire industry

On July 8, the tire stocks broke out again. Double money shares approached the daily limit in the afternoon. As of 13:16, the double money shares rose 8.71%, hitting a two-month high in intraday trading. Qingdao Double Star rose 3.27%, Yan Tire A rose 3.61%, Fengshen shares rose 2.86%.

According to the "Eleventh Five-Year Plan" and forecast of the Rubber Industry Association, China's total tire production will reach 700 million by 2010, and the total tire production and radial tire production will achieve rapid growth, and the average annual growth rate of the tire industry in the next five years. About 10-15%.

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