- Business
- Xingda International Holdings Limited, an investment holding company incorporated in 2005 and headquartered at 6th Floor, No. 20, Lane 599, Yunling Road (East), Putuo District, Shanghai 200062, China, primarily manufactures and trades radial tire cords, bead wires, and other steel wire products for the automotive tire industry; its steel cord offerings include normal strength, high strength, ultra-high strength, open cord, compact cord, high-elongation cord, and high-impact cord used as reinforcement in tires for cars, light trucks, heavy-duty trucks, off-road vehicles, and rubber products; bead wires comprise normal strength, high strength, cable bead wire, and rectangular section bead wire; other products feature hose wires, galvanized wires, and wire ropes. The company operates production facilities in Jiangsu, Shandong, and Thailand with total annual capacity exceeding 1.6 million tonnes, including 1.317 million tonnes for radial tire cords, serving tire and hose manufacturers primarily in China, India, the United States, Thailand, Romania, Slovakia, Brazil, and other international markets; it also invests in commercial properties and supplies heating power. In June 2025, a wholly-owned subsidiary completed capital reductions in Jiangsu Xingda Steel Tyre Cord Co., Ltd., increasing the group's effective ownership from 70.32% to 74.25% by facilitating investor withdrawals from Chengshan Group, Sailun Group, Triangle Tyre, Linglong Tire, and others; the company maintains a strategic investment in Prinx Chengshan Holdings Limited (stock code: 01809), holding 2.8% of its shares as of June 2025 following additional subscriptions in 2024; in December 2024, it launched a new plant in Jining City, Shandong Province to expand radial tire cord production capacity.