On January 15, 2026, Triangle Tyre Co., Ltd. (stock code: 601163) officially released an announcement regarding a milestone overseas investment plan. The Company intends to invest RMB 3.219 billion in building a new tire manufacturing plant in Svay Rieng Province, Cambodia. This move marks a new phase in the Company’s globalization strategy, as the overseas production capacity expansion will significantly enhance its competitiveness in the international market.

The project is expected to officially begin construction in March 2026, utilizing Triangle Tyre’s independently developed advanced tire manufacturing technology. The plant will be designed with an annual production capacity of 6 million high-performance passenger car tires and 1 million commercial vehicle tires. The products will primarily target stable-growth international markets such as North America, Europe, the Middle East and Africa, and Southeast Asia. Upon completion and production, the project is expected to generate an average annual revenue of approximately RMB 2.585 billion, with an investment return rate of 15.1%.

To advance the project, Triangle Tyre will establish a wholly owned subsidiary locally, responsible for the specific implementation and operation of the project.

This investment is a key initiative by Triangle Tyre in actively responding to the national “Go Global” strategy and deeply participating in the “Belt and Road Initiative”. It will accelerate the Company’s global layout, optimize its production, marketing network, and supply chain configuration, and enhance its core competitiveness. This move is expected to open up new market opportunities and profit growth points for the future, strengthening the foundation for Triangle Tyre’s continued development in the global market.