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venture to other Asean countries. By partnering Kratos, Hengda could extend its footprint in the region.”
exports to are the USA, South America and Russia.
Zhou revealed, the company invested in 600 to 700 moulds. This, he pointed out, not only enabled Hengda to produce its market a wide range of designs in the most requested sizes.
“The company could also develop the mould according to cus- tomer’s requests,” he added. “It has obtained IS09000 interna-
Hengda’s three-year development plans
To achieve sustainable growth, Zhou highlighted Hengda’s three-year development plan. “In responding to increasing mar-
ket demand, for the second half of this year we are expanding our production capacity by setting up two advanced rubber mix- ing line in the factory.”
In 2024, he continued, the company would focus on upgrading its factory exterior image and interior cleanliness. Then in 2025, Hengda would embark on a future products investment, such as Radial OTR tyres.
“We see good prospect in Radial OTR tyres, especially in the construction segment, not only in China but also overseas mar- kets. Constructed with steel belts to protect the tread area, ra- dials increase load carrying and generate less heat. In addition, - vice life means less downtime, which is key to overall productiv- of ownership.”
However, he stressed that a Radial OTR tyre was not always the best solution for every application. Bias tyres were designed better protection against punctures. Radials, on the other hand,
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