Haian Group Successfully Lists on Shenzhen Stock Exchange Main Board, Ushering in a New Chapter of Globalization for the National Brand

On November 25, amid resounding listing bells, Haian Group (stock ticker: Haian Group; stock code: 001233) officially listed on the Main Board of the Shenzhen Stock Exchange. The ceremony was attended by leaders and distinguished guests including Fu Chaoyang (Secretary of the Putian Municipal Party Committee), Chen Jinghe (Chairman of Zijin Mining), Yu Minxin (Party Committee Member and Executive Director of Jiangxi Copper), Wang Cairong (Founder of Guangna Coal Industry Group), Fuganto Widjaja (Director of Indonesia's Sinar Mas Group), Zhu Hui (Chairman of Haian Group), and Zhu Zhenpeng (Director and Executive President of Haian Group), who all participated in the listing bell-ringing.This listing marks Haian Group’s entry into a new stage of "industry + capital" dual-wheel drive development, serving as a significant embodiment of Chinese national industrial brands' continuous breakthroughs and steady progress in the global high-end manufacturing sector.


From "China's First Tire" to "Global Fourth Player": Independent Innovation Forges the Backbone of National Industry
Haian’s growth trajectory is a vivid microcosm of China’s national tire industry evolving from catch-up to global leadership. In 2008, Haian successfully developed the 37.00R57 all-steel giant OTR radial tire, shattering foreign technological monopolies and filling a critical domestic gap. This innovation provided robust support for self-sufficient tire supply in large-scale mining equipment for national energy and resources, optimizing market competition with its superior performance and cost-efficiency—and becoming a landmark achievement of Chinese manufacturing’s independent innovation.

Building on this foundation, Haian has continuously deepened R&D and product iteration. In 2015, the company unveiled the world’s largest all-steel giant tire(4.02 meters in diameter, 6 tons in weight), enabling China to join the ranks of the few nations mastering this technology and winning the First Prize of the National Science and Technology Progress Award. Today, Haian has built a full product matrix covering mining vehicles from 90 tons to 400 tons. According to authoritative data, it ranks first in China and fourth globally in the all-steel giant tire sub-segment—solidifying its place among the world’s leading players.
Technology as the Core, Service as the Wing: Building a Dual Engine for Global Competition
As a national-level specialized and new "little giant" enterprise, Haian has embedded technological innovation into its DNA. The company boasts an industry-leading R&D center, an intelligent manufacturing base, and a National Postdoctoral Research Workstation, attracting top talent to focus on core technologies such as rubber compound, structural design, and process manufacturing. This has yielded a self-owned intellectual property system. Haian’s products—renowned for high durability, safety, and cost-effectiveness—are widely used in large-scale mining scenarios worldwide, making it a key player in the global high-end tire market.
While strengthening its product capabilities, Haian has built a full lifecycle service system, launching an integrated mining tire operation management service model. This provides clients with comprehensive solutions spanning tire selection, supply, installation, inspection, maintenance, and data analysis. Applied to central state-owned enterprises, local SOEs, and Fortune Global 500 companies, this model improves mining vehicle uptime and optimizes operational costs—becoming a cornerstone of Haian’s sustained trust in global markets.


Listing Opens a New Chapter: Strategic Layout Empowers Global Mining's Future
Funds raised from this listing will primarily invest in the Expansion of All-Steel Giant OTR Radial Tires and Technological Upgrading of Automated Production Lines. Building on its existing "full series, full specifications, full scenarios" product portfolio, Haian will scale production, iterate technology and equipment, and accelerate its leap from "industrial manufacturing" to "intelligent manufacturing." Meanwhile, leveraging its capital platform, Haian will deepen synergies with strategic shareholders like Zijin Mining, Jiangxi Copper, and XCMG—strengthening supply chain resilience, expanding overseas localized services, and driving Chinese manufacturing’s global competitiveness.


Zhu Hui, Chairman of Haian Group, stated: "Listing is a new starting point for Haian to become a world-class brand. We will adhere to our mission of reducing costs and improving efficiency for the mining industry, with technological innovation as our foundation and capital empowerment as our catalyst. We aim not only to provide high-performance products and services to global mining but also to advance the industry’s green, intelligent, and sustainable development—demonstrating the responsibility of Chinese national brands in global high-end manufacturing."


Standing at this new milestone, Haian—with the original spirit and strength of "China’s First Tire"—is striving toward its grand vision of becoming a world-class brand. This listing will steady its globalization strategy, enhance China’s high-end manufacturing competitiveness, and expand broader room for national brands in the global industrial landscape.
Remarks
1. Source of "China's First Tire": Putian Evening News (December 28, 2010) and Fujian TV News (March 20, 2019).