Guizhou Tyre completes overseas investment filing for Morocco tyre project, all domestic approvals finalised

Jiemian··MACN·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Guizhou Tyre's wholly owned subsidiary, Guizhou Qianjin Tyre Investment, has completed the overseas investment filing for its smart manufacturing project in Morocco, which will produce 6 million semi-steel radial tyres annually. It has obtained the Enterprise Overseas Investment Certificate issued by the Guizhou Provincial Department of Commerce. As of the announcement date, all required domestic approval and filing procedures for the project have been completed, including consent from the Guizhou State-owned Assets Supervision and Administration Commission and the overseas investment project filing with the Guizhou Provincial Development and Reform Commission. The project was approved at the sixth meeting of the company's ninth board of directors on 5 January 2026. The company stated it will accelerate preliminary work such as obtaining project entry permits and establishing the Moroccan subsidiary, striving to start project construction as soon as possible, while noting that the application process for relevant procedures involves uncertainty.

Impact on assets 1

Others▲ · 1 stocks
Gui Zhou Tyre Co Ltd
000589
▲ PositiveRegulationrelevance

All domestic approvals for Morocco project completed, clearing regulatory hurdles for overseas expansion.