ZC Rubber increases sales
Zhongce Rubber Group (ZC Rubber) has released its first annual report after listing on the Shanghai Stock Exchange, reporting that in 2025, the company's sales grew by 14.52% to $6.6 billion, while net profit increased by 9.51% to $610 million, with profitability "being one of the best in the industry".
Over the year, ZC Rubber produced 111 million and sold 113 million tires, reducing inventory by 14.26%, and the production capacity utilization rate of main products such as passenger and commercial tires exceeded 97%. In the commercial tire segment, the production capacity utilization rate was 99.75%.
On June 5, 2025, ZC Rubber was officially listed on the Shanghai Stock Exchange, and in March 2026, it announced plans to build a $150 million tire plant in Vietnam.
In 2025, ZC Rubber's revenue in the commercial tire market was $3 billion, up 14.13% from 2024, and overseas sales grew by more than 20%. In the passenger tire segment, revenue was $2.3 billion, up 15.41% year-over-year. Sales in the special vehicle and two-wheeler tire markets grew by more than 10%, and ZC Rubber says that "the wide range of products mitigates the impact of fluctuations in demand in individual segments, ensuring the company's stability".
In 2025, ZC Rubber also supplied 10.7 million tires for new energy vehicle (NEV) OEMs such as BYD, Xpeng, and Leapmotor, "promoting the industry's transformation and shift to more high-tech solutions".
ZC Rubber's domestic and foreign market turnover ratio is approximately 52:48, and such a balanced sales structure, the company says, enhances the tire maker's resistance to various risks. To improve its competitiveness, ZC Rubber invested more than $220 million in R&D last year, and the company is particularly developing its own intelligent tire manufacturing equipment, such as electric vulcanizers.
