Huanghai Relocates for Expansion of Tire Business

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Qingdao Huanghai Rubber Group Co.,Ltd.(Huanghai Rubber,SH:600579),under China National Chemical Corporation(ChemChina),announced on April 7th that the company accomplished an operating revenue of RMB 1.636 billion in 2007,up 59.18% year-on-year,and a net profit of RMB22.27 million,up 112.78%.Huanghai Rubber plans to produce and sell 1.3 million sets of all-steel tires and
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