On September 26, 2017, according to a reporter’s report, relevant departments in Jiangsu Province publicized the use of special funds for the second batch of industrial and information industry transformation and upgrading of the provincial level in 2017.
Kumho Tires
This time a total of 980 million yuan was allocated to support 1156 projects. According to reports, there are three tire items on the public list. Nanjing Jinhu Tire Co., Ltd. obtained special funds of 2.3 million yuan.
Its supported project is "Computer Information System and IT Infrastructure Construction Project." It is understood that this project belongs to the Internet-based upgrading project for large and medium-sized enterprises and can promote the integration of manufacturing and the Internet. Like Kumho Tires, Jiangsu Jiangyan Tire Co., Ltd. is also supported by companies that promote the integration of manufacturing and the Internet. The company was awarded 500,000 yuan for "Smart-based 3D Printing-free Air Tire Control and Networking Services Improvement" based on MES.
In addition, Jiangsu Ruisaike Environmental Protection Equipment Technology Co., Ltd. obtained a special fund of 450,000 yuan for its “1.5t/h Demolition and Recovery of Waste Tire Demonstration Projectâ€. The reason for its support is the promotion and application of new technologies and new products.
The reporter found that this is the recent time that Kumho Tires (Nanjing) received government subsidies for the second time. In June 2017, the company received a special fund of 2.49 million yuan for the transformation and upgrading of the industrial and information industries.
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