July 21, 2026, the Fortune China website released the 2026 Fortune China 500 List. Sailun Group ranked 399th with operating revenue of $5.1188 billion, a steady rise compared to the previous year.

Record-Breaking Performance, Global Layout Stands Firmly at the Industry's Forefront

Financial data shows that in 2025, Sailun Group demonstrated strong momentum for leapfrog development, achieving annual operating revenue of 36.792 billion yuan, a year-on-year increase of 15.69%, setting a new record; net profit attributable to the parent company reached 3.522 billion yuan. Notably, the company's net operating cash flow increased significantly by 82.58% year-on-year to 4.179 billion yuan, showing strong "cash generation" capabilities. Regarding shareholder returns, the company plans to distribute cash dividends of 1.085 billion yuan, maintaining a high dividend payout ratio continuously.

As the first tire enterprise in China to build factories abroad, globalization has become the "stabilizer" of Sailun's performance. In 2025, Sailun's overseas main business revenue reached 28.226 billion yuan, a year-on-year increase of 18.54%, and the overseas planned production capacity scale remains number one among Chinese tire manufacturers. In recent years, with the successive commissioning of new factories in Mexico and Indonesia, and the acquisition of Bridgestone's Shenyang factory, Sailun's global layout has been comprehensively upgraded from a single capacity expansion to a competition for control of the industrial chain.

Brand Value Rises Year After Year, Surges to the Top of Chinese Tires

While both scale and performance increased, Sailun's brand dimension elevation was significant. In the 2026 "China 500 Most Valuable Brands" analysis report, Sailun ranked 97th with a brand value of 125.189 billion yuan, a significant increase of 12.293 billion yuan compared to last year, for the first time entering the top 100 of China's most valuable brands, achieving a steady rise for nine consecutive years.

On international authoritative lists, Sailun also performed brilliantly. According to the report "2026 Global Tire Brand Value Top 25" released by Brand Finance, Sailun ranked 10th globally with a brand value of $1.239 billion, a year-on-year increase of 37%, leading the growth rate among global top tire enterprises. As of now, Sailun has ranked first among Chinese tire brands for four consecutive years and has become the only Chinese tire brand to enter the top 10 of the global list.

Technology Leads New Outlook, "Liquid Gold" and "Aesthetic Innovation" Widen the Moat

The dual harvest of performance and brand could not happen without the continuous breakthrough of core technologies. In 2025, Sailun's R&D investment reached as high as 1.147 billion yuan. Relying on the core technology of "Liquid Gold" and the industrialization landing in the super-large tire field, Sailun continuously consolidates its technical barriers.

Facing the continuous rise in new energy vehicle penetration rates, Sailun seized new heights in the market with the dual-wheel drive of "Silence + Aesthetics". The company has increased its silence tire capacity to 5 million tires/year, and boldly innovated in tire aesthetics, launching the world's first colored-edge tire. The product is equipped with ARMOR SEAL self-sealing technology and SILENT TREAD silent foam technology. While achieving "Safety, Silence, Energy Saving" triple performance improvements, it broke the traditional black uniformity of tires with 0.01mm level traditional inkstone texture paired with seven high-end color schemes. Sailun successfully rose from a technology follower to the definers of new global tire aesthetics standards, precisely meeting the new standard requirements for silence, green, and safety in the new energy vehicle market.

Entering the first quarter of 2026, Sailun's revenue and net profit continued to grow in both areas, with gross margin rising to 26.86%. Taking the 2026 Fortune China 500 List as a new starting point, Sailun Group is using technological innovation as the foundation and globalization capacity as wings, continuously polishing the world calling card of Chinese tire brands, setting a positive benchmark for the industrial upgrading and high-quality overseas expansion of China's manufacturing industry.

Recently, "Fortune" magazine released the 2026 China 500 Ranking. Sailun Group Co., Ltd. ranked 399th with revenue of $5.119 billion, becoming one of only two professional tire manufacturers on the list.

According to China Tire Business Network (Tirechina.net), as an authoritative list adopting evaluation methods consistent with the Fortune Global 500, the China 500 covers both listed and non-listed enterprises, centrally presenting the business scale and development strength of major Chinese enterprises.

The list honor is a direct manifestation of Sailun's continuously growing revenue scale, and also reflects that a Chinese tire enterprise is attempting to cross the three most typical thresholds of China's manufacturing with global capacity, material technology, and brand investment— from exporting products to global operations, from cost advantage to technical premium, and from manufacturing scale to brand value.

The Fortune 500 looks at revenue, but enterprise value is not determined solely by revenue

The Fortune China 500 adopts ranking methods consistent with the Fortune Global 500, with the core metric being operating revenue. Therefore, Sailun's ranking surge first indicates one thing: its operating scale is rapidly expanding. In 2025, Sailun achieved operating revenue of 36.792 billion yuan, a year-on-year increase of 15.69%, setting a new historical record.

Meanwhile, net profit attributable to parent company reached 3.522 billion yuan, and profitability continued to strengthen. Among them, overseas main business revenue reached 28.226 billion yuan, a year-on-year increase of 18.54%, becoming an important force driving performance growth. Entering 2026, Sailun still maintains a steady growth trend. In the first quarter, the company's revenue and net profit saw double growth, and the gross profit margin rose to 26.86%.

Against the backdrop of intensified competition in the tire industry and a complex and changeable global trade environment, this achievement indicates that Sailun is gradually moving away from the development path of competing solely on cost, towards a comprehensive competitive model driven by technology, products, manufacturing, and brand.

First Threshold: Turning "Product Overseas" into "Global Operations"

Sustained performance growth is inseparable from Sailun's early global layout. As the first domestic enterprise to build tire factories overseas, Sailun currently has multiple production bases deployed in Qingdao, Dongying, Shenyang, Weifang within China, and Vietnam, Cambodia, Mexico, Indonesia overseas. At the same time, the construction of bases in Egypt and Qingdao Dongjiakou is steadily advancing, covering a capacity system for key domestic and international markets.

This dual advantage of globalization and scaling allows Sailun to leverage localized manufacturing to shorten product delivery cycles, get closer to regional market demands, while enhancing the enterprise's ability to cope with international trade barriers and supply chain fluctuations. Deepening the shift from "Product Overseas" to "Capacity Overseas" and "Operations Overseas" also provides strong support for Sailun's overseas revenue growth and global market expansion.

Second Threshold: Turning Manufacturing Capacity into Product Premium

The competition method Chinese tire enterprises are most familiar with in the past is exchanging manufacturing efficiency and supply chain costs for market share. But when capacity goes global and scale approaches the top, continuing to rely on low prices will quickly hit the ceiling. Without higher value-added products, scale may even become a burden.

Sailun attempts to break this constraint with technology. In 2025, the company's R&D investment reached 1.147 billion yuan, continuously tackling around materials, formulas, structures, and intelligent manufacturing. Among them, core technologies represented by "Liquid Gold" promoted comprehensive improvements in key performance of Sailun tire products in safety, energy saving, and wear resistance; in the field of giant engineering radial tires with high technical barriers, Sailun has also realized the full series industrialization of giant engineering radial tires from 49 inches to 63 inches. Continued R&D investment is transforming into more distinctive product advantages, and also provides support for Sailun to improve profit quality.

Third Threshold: From "Selling Globally" to "Global Brand"

The tire industry is one where brand awareness builds slowly and trust costs are extremely high. Consumers have low replacement frequency, and it directly relates to driving safety. Therefore, the reputation, channels, and original equipment relationships accumulated by mature brands are often harder to replicate than a single advertisement. This is also an important reason why international top enterprises can maintain premiums for a long time.

In the Brand Finance "2025 Global Most Valuable Tire Brand List", Sailun ranked 10th, becoming the Chinese tire brand with the highest ranking. Brand value and Fortune ranking rose synchronously in the same year, indicating that Sailun's growth is no longer limited to capacity expansion; technology dissemination, channel construction, and global market perception are also forming a synergy.

Industry Commentary

Comparing the 426th position when it first entered in 2025 to the 399th position this year, Sailun has completed an upward shift in the scale coordinate. More worthy of industry attention is that among the Fortune China 500 in 2026, there are only two professional tire manufacturers: Zhongce Rubber and Sailun. This shows that the Chinese tire industry has emerged with top forces capable of entering the large enterprise sequence, but there is still room for improvement in industry concentration, brand premium, and global governance capabilities.

Next, the test questions in front of Sailun will be more complex than capacity expansion: whether new capacity can ramp up smoothly, whether the global supply chain can collaborate efficiently, whether R&D investment can be transformed into high value-added products, whether brand growth can offset cost and trade pressures. If any item becomes a bottleneck, scale growth and value growth may become disconnected.

Therefore, entering the Fortune China 500 does not mean Sailun has completed high-endization, but rather means it has gained the scale basis to move towards higher value intervals. In the past, Chinese tire enterprises entered the global market relying on manufacturing efficiency; in the future, the true determinant of ranking gold content will be the profit quality jointly created by technology, brand, and global operations.

The list records how far Sailun has walked; the next financial statement and the next round of global market competition will answer how high it can still go.

Recently, a photo of the spare tire at the rear of a Taiwan Army "light tactical wheeled vehicle" sparked heated discussion online. The photo shows the spare tire clearly printed with the word "SAILUN", which is a product of Sailun, a Chinese tire manufacturer headquartered in Qingdao, Shandong. According to Taiwan media reports, the Taiwan "Army Command" subsequently confirmed that these tires are indeed a mainland enterprise brand, purchased in 2020, and added that the actual delivery origin was Thailand and Vietnam, meeting acceptance standards. This unexpected "product promotion" incident not only debunked the so-called "non-red supply chain" advocated by the DPP authorities, but also unexpectedly served as a full-domain global live advertisement for Sailun Tires, sparking heated discussion among netizens on the island: "It indicates that tires made in mainland China have superior quality."

In fact, Sailun Tires' standout strength was no accident, but a microcosm of the strong rise of China's tire industry. Founded in 2002, Sailun has now developed into a tire manufacturing leader integrating new materials, new processes, and intelligent production. In terms of R&D, Sailun owns the globally unique "Liquid Gold" tire technology, not only breaking the "devil's triangle" law where tire wear resistance, anti-slip performance, and low rolling resistance cannot be balanced simultaneously, but also performing excellently in reducing energy consumption. Meanwhile, Sailun built the world's first rubber industrial internet platform "Xianglian Cloud", and independently developed the world's largest 63-inch giant engineering radial tire, highlighting its core strength in the tire intelligent manufacturing field.

In terms of global layout, Sailun has taken a route of "R&D + Distributed Tire Manufacturing". Currently, Sailun has intelligent manufacturing bases in Qingdao, Dongying, Shenyang, etc., domestically, and has invested tens of billions in advance in Vietnam, Cambodia, Indonesia, Mexico, Egypt, and other places. This global capacity layout not only effectively avoided international trade barriers, but also ensured the stability of the supply chain. This is also the underlying logic behind why the Taiwan Army's purchased Sailun tires were produced in Southeast Asia.

Market and brand recognition is the best footnote to Sailun's technical strength. In 2026, Sailun held the 10th position in global tire brand value again with a brand value of 1.239 billion US dollars, becoming the only Chinese brand in the top ten of the list, ranking first in China's tire brand value for four consecutive years. Over eight years, brand value grew 2.7 times, with growth rate leading the global top tire enterprises.

Sailun's rise relies on China's powerful tire industry full-chain cluster ecosystem. At the raw material end, China possesses the world's largest natural rubber distribution center, significantly compressing enterprise logistics costs; at the equipment end, domestic rubber intelligent equipment leading companies' internal mixing, shaping, vulcanization equipment global market share exceeds 40%, firmly grasping the autonomy of tire manufacturing equipment; at the research and development end, relying on top industry think tanks and national-level technology enterprise incubators, it has gathered 60% of tire manufacturing experts in the industry and a R&D team of over 4,000 people, providing a core engine for China's tire intelligent transformation.

The blunder incident of the Taiwan Army vehicle equipping Sailun tires, seemingly a piece of behind-the-scenes trivia, actually reflects China's tire manufacturing global competitiveness. The more exclusion, the wider the recognition. Chinese tire enterprises represented by Sailun are accelerating to the center of the world stage with solid technology, forward-looking global layout, and full industry chain advantages.

Recently, Sailun Group has welcomed major progress on both lines of "technology upgrade" and "capacity expansion". On May 21, the technical transformation project of the high-performance tire laboratory of Sailun R&D Technology Center was approved by the Qingdao Municipal Bureau of Ecology and Environment; earlier in April, its project with a total investment of 2.34 billion yuan, "12.6 million sets of high-performance radial tire production per year project", also successfully obtained the environmental impact assessment approval. From meticulous R&D to bold capacity expansion, Sailun is accelerating the leap towards "Global Smart Manufacturing".

Technical transformation empowers, forging R&D "precision". The technical transformation project approved in May, with a total investment of 47 million yuan, will purchase 31 sets of high-end equipment including high-speed uniformity testers, two-station rolling resistance testers, etc. After the project is completed, the annual test sample volume will remain unchanged at 1000, but the detection accuracy and information level will be significantly improved, providing solid data support for high-performance tire R&D.

Decisive moves to create a closed-loop industrial chain. The Dongjiakou radial tire project with annual capacity of 12.6 million sets approved in April, covering about 329 mu, will add more than 1000 sets of key equipment. This project is by no means isolated expansion; its factory area is simultaneously constructing the "500,000 tons of functional new material production per year project". The newly built tire project can directly consume self-produced rubber raw materials, achieving seamless connection upstream and downstream, greatly reducing external purchasing and logistics costs, forming a highly competitive closed-loop advantage. At the same time, the project's environmental protection investment reaches 12 million yuan, customizing refined governance systems for waste gas in different processes, sticking to the bottom line of green development.

The promotion of these two projects is a microcosm of Sailun's global strategy implementation. Currently, Sailun builds a resilient supply network through the dual-wheel drive of "Domestic High-End Manufacturing" and "Overseas Smart Factories": The first all-steel tire came off the line at the domestic Shenyang Xinheping Factory, entering the capacity ramp-up period; Overseas projects in Egypt and Indonesia are progressing on schedule, the Mexico factory has already mass-supplied North America, effectively avoiding trade barriers.

Behind capacity expansion is strong demand support. Currently, Sailun's capacity utilization rate is at a historical high, with sufficient orders. In the matching market, "Liquid Gold" tires successfully matched BYD Sealion 06EV 2026 model and exclusively supplied Geely Boyue REV; Off-road tires have joined the supply chains of international mining giants such as Vale and BHP. Relying on the integrated advantages of the industrial chain, Sailun is constantly consolidating its leading position, steadily moving towards the vision of "Making a Good Tire".

On June 1, Sailun Tire (601058) released the implementation announcement for the 2025 annual equity distribution, stating that the company will distribute a cash dividend of 0.18 yuan per share to all shareholders (tax included), totaling nearly 592 million yuan in cash dividends. The record date for equity is June 4, and the cash dividend distribution date is June 5.

Behind this generous dividend distribution lies the strong financial confidence of this private tire giant, which rose to the first tier globally within just over 20 years of establishment. Facing the sharp increase in costs brought by the escalation of global trade barriers since 2025, Sailun still delivered a response with great resilience.

Revenue Hits Record High, Profitability Quality Continues to Improve

In 2025, Sailun Tire's annual revenue reached 36.792 billion yuan, a year-on-year increase of 15.69%, setting a new historical record. Although operating costs for tire products increased by 21.02% year-on-year, the company stabilized the gross profit margin at a relatively high level of 24.63% thanks to product structure and pricing advantages.

Net profit attributable to the parent company and net profit after deducting non-recurring gains and losses for the year reached 3.522 billion yuan and 3.458 billion yuan respectively, with both profitability indicators reaching their second-historical levels. More noteworthy is that the company's net operating cash flow reached 4.179 billion yuan, a year-on-year surge of 82.58%, indicating substantive improvement in profitability quality.

Liquid Gold Breakthrough, ESG Rating Jumps to AA Level

The support for resilient performance stems from hardcore technical barriers. The 'Liquid Gold' technology (Ecopoint3) developed by Sailun after a decade of in-depth research adopts a world-first chemical rubber vulcanization method, successfully breaking through the 'Devil's Triangle' problem in the tire industry where rolling resistance, wet traction, and wear resistance could not be improved simultaneously. It not only achieves a balance of energy saving, safety, and wear resistance, but also achieves green low-carbon across the entire lifecycle from raw materials to production and usage.

This persistence in green sustainability has also won Sailun recognition from international capital markets. Recently, the international authoritative index institution MSCI upgraded Sailun's ESG rating from A to AA, solidifying its top position in China's tire industry and placing it among the global forefront. This marks that Sailun's sustainable development strength in global operations, R&D innovation, and supply chain management has received high international recognition.

Capacity Expansion Both Domestic and Overseas, Brand Value Rising Yearly

Going against the current, stagnation means retreat. While consolidating the technological moat, Sailun has pressed the accelerator on global capacity expansion. Since establishing China's first overseas tire production base in Vietnam in 2012, Sailun has continued to increase investment since 2026: in April, it announced an investment of about 1.95 billion yuan to build an expansion project for a 7.05 million radial tire annual production capacity in Egypt; meanwhile, the Indonesia factory also received a capital increase of about 336 million yuan to expand PCR and TBR capacity.

The resonance between capacity and performance boosted the rapid rise in brand value. In the 2025 'China 500 Most Valuable Brands', Sailun ranked 105th with a brand value of 112.896 billion yuan, an increase of 12.3 billion yuan compared to last year; in Brand Finance's Top 25 Global Tire Brand Values, Sailun ranked in the top ten for the first time, continuing to be the most valuable tire brand in China.

From a new enterprise on the Shandong Peninsula to a global giant competing with century-old foreign strong enterprises, Sailun, driven by technology and capacity on two wheels, is accelerating towards a new height in the global tire industry.

On June 1, Sailun Tire (601058) released the implementation announcement for the 2025 annual equity distribution, stating that the company will distribute a cash dividend of 0.18 yuan per share to all shareholders (tax included), totaling nearly 592 million yuan in cash dividends. The record date for equity is June 4, and the cash dividend distribution date is June 5.

Behind this generous dividend distribution lies the strong financial confidence of this private tire giant, which rose to the first tier globally within just over 20 years of establishment. Facing the sharp increase in costs brought by the escalation of global trade barriers since 2025, Sailun still delivered a response with great resilience.

Revenue Hits Record High, Profitability Quality Continues to Improve

In 2025, Sailun Tire's annual revenue reached 36.792 billion yuan, a year-on-year increase of 15.69%, setting a new historical record. Although operating costs for tire products increased by 21.02% year-on-year, the company stabilized the gross profit margin at a relatively high level of 24.63% thanks to product structure and pricing advantages.

Net profit attributable to the parent company and net profit after deducting non-recurring gains and losses for the year reached 3.522 billion yuan and 3.458 billion yuan respectively, with both profitability indicators reaching their second-historical levels. More noteworthy is that the company's net operating cash flow reached 4.179 billion yuan, a year-on-year surge of 82.58%, indicating substantive improvement in profitability quality.

Liquid Gold Breakthrough, ESG Rating Jumps to AA Level

The support for resilient performance stems from hardcore technical barriers. The 'Liquid Gold' technology (Ecopoint3) developed by Sailun after a decade of in-depth research adopts a world-first chemical rubber vulcanization method, successfully breaking through the 'Devil's Triangle' problem in the tire industry where rolling resistance, wet traction, and wear resistance could not be improved simultaneously. It not only achieves a balance of energy saving, safety, and wear resistance, but also achieves green low-carbon across the entire lifecycle from raw materials to production and usage.

This persistence in green sustainability has also won Sailun recognition from international capital markets. Recently, the international authoritative index institution MSCI upgraded Sailun's ESG rating from A to AA, solidifying its top position in China's tire industry and placing it among the global forefront. This marks that Sailun's sustainable development strength in global operations, R&D innovation, and supply chain management has received high international recognition.

Capacity Expansion Both Domestic and Overseas, Brand Value Rising Yearly

Going against the current, stagnation means retreat. While consolidating the technological moat, Sailun has pressed the accelerator on global capacity expansion. Since establishing China's first overseas tire production base in Vietnam in 2012, Sailun has continued to increase investment since 2026: in April, it announced an investment of about 1.95 billion yuan to build an expansion project for a 7.05 million radial tire annual production capacity in Egypt; meanwhile, the Indonesia factory also received a capital increase of about 336 million yuan to expand PCR and TBR capacity.

The resonance between capacity and performance boosted the rapid rise in brand value. In the 2025 'China 500 Most Valuable Brands', Sailun ranked 105th with a brand value of 112.896 billion yuan, an increase of 12.3 billion yuan compared to last year; in Brand Finance's Top 25 Global Tire Brand Values, Sailun ranked in the top ten for the first time, continuing to be the most valuable tire brand in China.

From a new enterprise on the Shandong Peninsula to a global giant competing with century-old foreign strong enterprises, Sailun, driven by technology and capacity on two wheels, is accelerating towards a new height in the global tire industry.

Recently, Changan Automobile's strategic model for the Southeast Asian market, Changan Qiyuan NEVO Q05, was officially launched in Thailand. As an important supporting partner, Sailun Group provided original equipment tire solutions for this model. This pairing is not only a combination of two high-quality products but also marks that Chinese vehicle and core parts enterprises are moving from "going it alone" to "building an ecosystem together", with both parties jointly building an overseas "ecosystem" and taking a solid step in promoting the global layout of China's automobile industry chain.

Cross-border Collaborative Supply, Building Overseas Industrial Ecosystem

Changan Qiyuan NEVO Q05 is produced by Changan Thailand Base, and is a key move in Changan's new energy vehicle global layout. Since its debut at the Bangkok International Motor Show, it has attracted much attention with its efficient hybrid system and intelligent configurations.

What is worth noting is that this pairing achieved true "overseas collaboration". Relying on its Vietnam production base, Sailun formed regional linkage with Changan Thailand Base, efficiently responding to localization production needs. This cross-border collaborative supply model of "Vietnam Tires + Thailand Cars" effectively improved the resilience and response speed of the supply chain, becoming a vivid practice of China's automobile industry chain co-building an ecosystem and collaborating overseas.

Custom-Tailored Performance Benchmark, Unafraid of Southeast Asia's Harsh Road Conditions

As a key carrier of vehicle performance, tires directly affect energy consumption and driving experience. In response to the severe challenges of high temperature, heavy rainfall, and complex road conditions in Southeast Asia, Sailun has custom-designed high-performance tires with the specification 225/60R17 for NEVO Q05.

This tire achieves a precise balance between rolling resistance, noise performance, and traction stability. The low rolling resistance feature helps the hybrid system further save energy and reduce consumption, while excellent grip and noise performance ensure safety and comfort during rainy season driving, enabling the vehicle to achieve a better solution in energy saving performance and driving quality.

Full Chain Deep Binding, Consolidating New Energy Support Map

From the Bangkok Motor Show debut to the official launch in Thailand, Sailun and Changan Automobile completed a key leap from product development to market landing, connecting the full chain of technology R&D, supporting production, and overseas implementation.

In fact, this is not the first time the two parties have joined hands. For a long time, Sailun and Changan Automobile have maintained a deep, stable, and comprehensive strategic cooperation, successfully providing supporting services for multiple main new energy vehicle models such as Changan Lumin, Deep Blue L06, NEVO Q05, etc. This deep binding between vehicle enterprises and core supply chain partners is continuously improving the terminal competitiveness and market response efficiency of products, becoming an important support for China's automobile industry chain to capture markets in the global market.

This partnership to land in Thailand with Changan Qiyuan is another important achievement of Sailun's global layout and new energy supporting business. In the future, Sailun will continue to deepen the R&D of new energy tire technology, with hardcore product strength and global service capabilities, helping Chinese intelligent manufacturing continue to shine on the world stage.