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GM announced on the evening of June 30 that in order to further optimize the company's industrial structure and accelerate the development of supporting businesses, the company plans to invest about 3.
062 billion yuan to build a 10.
2 million high-performance radial tire project in Anqing City, Anhui Province
.
The announcement shows that the 10.
2 million high-performance radial tire projects invested by GM this time include 1.
2 million all-steel radial tires and 9 million semi-steel radial tires
.
According to the announcement, Anqing, the address chosen for this project, is the central city in Southwest Anhui and a key city for the integrated development of the Yangtze River Delta region
.
GM shares said that the project is in line with the company's strategic development plan, seizes the opportunity of integrated development in the Yangtze River Delta region, and optimizes the company's manufacturing location layout
.
According to the data, GM is a modern high-tech enterprise focusing on the research and development, production and sales of various tires
.