Aeolus, Double Coin, Double Star, GiTi, Sailun and Guizhou Tire all announced in 2015 that they intend to buy financial services. TIRes suggests that this may for two reasons: partly to re-structure debts as banks tighten credit controls and partly to generate income from under-used capital when revenues from tires are falling. CCorporate results indicated
This content is only available to registered users. Login/Register for free
