The hottest Michelin company sells shares of Hanta

2022-07-24
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Michelin company sells shares of Hantai tire on November 8, Michelin company announced to sell its shares of Hantai tire company, accounting for 9.98% of the total shares of Hantai company. This measure of Michelin aims to optimize the strategy and use more funds to develop Michelin brand passenger car radial tires and truck radial tires. From 2003 to 2008, Michelin purchased the mastertop 1300 series of BASF of Hantai tire company and obtained a + grade shares in bre's green guide, trying to establish a strategic partnership between the two sides to jointly promote tire R & D, production and sales in the Asian market. The completion of the sale marks the official end of the cooperation between Michelin and Hantai tire

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