Continental Horse Brand Tire Hefei Plant is located in Nangang Science and Technology Park in Hefei High-tech Zone. It is the first factory built by Continental Horse Brand Tire in mainland China and the largest foreign direct investment project in Anhui so far. The total investment of the project involves 600 million Euros (about 100 million U.S. dollars). 6 billion yuan).
Among them, the first phase of the project will invest 185 million euros (approximately 1.85 billion yuan), with a construction area of ​​approximately 70,000 square meters, and will be put into production in March 2011. It is mainly engaged in the production of mid- to high-end passenger car tires. After reaching production capacity, it can produce 4.25 million passenger car radial tires per year, with an annual production value of nearly 1.8 billion yuan. After the project is completed and put into production, the annual production capacity is expected to reach 18 million tires.
Industry analysts pointed out that, as a big emerging automobile province, the commissioning of the Continental Horse Brand Tire Hefei Project will accelerate the upgrading of the local auto supporting system in Anhui, and will also strongly promote the linkage development of Anhui's auto and related industries.
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