A total of 1,294 projects were included in this batch of projects (the Qingdao project was not included). Among the 19 projects in the rubber industry, 50 projects were included. The total investment in research and development of the rubber industry project is about 549 million yuan, which is expected to bring sales revenue to the company of about 4.626 billion yuan.
Among all rubber industry companies, Delta Tyre Co., Ltd. has the highest number of projects and R&D expenditures. The number of triangular tires is 14 and the R&D expenditure is 274 million yuan.
In addition, the number of projects of Shandong Fengyuan Tire Manufacturing Co., Ltd. ranked second according to the second place and Pulin Chengshan (Shandong) Tire Co., Ltd. for R&D investment.
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