global tire giant: universal shares' internationalization path

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at the 25th meeting of the 6th board of directors held on august 26, 2024, the company reviewed the proposal on the semi-annual evaluation report of the 2024 "quality improvement, efficiency enhancement and returns" action plan, aiming to enhance the company's core competitiveness and market position.

the tire business accounts for as much as 99.29%, reflecting the specialization and concentration of universal shares in the industry. however, the recent reduction in northbound funds and the lack of institutional research also show the volatility of universal shares in the capital market. investors need to weigh the company's business structure, market performance and international development trends when making investment decisions, and operate cautiously to avoid potential risks.

as the key to corporate development, internationalization strategy is particularly important for general shares. learning from the management experience and technology of international advanced enterprises and strengthening interaction and integration with the international market are important steps to success. the development trend of the global tire industry and the changes in market demand require the company to continue to pay attention and adjust the product structure in a timely manner, improve product quality and service level, and meet the needs of different markets and customers.

in addition, actively participating in international cooperation and exchanges, seeking strategic cooperation opportunities with overseas companies, and jointly developing new products, new technologies and new markets will be the key for universal shares to further enhance its competitiveness in the process of internationalization and ultimately achieve sustainable development.