Pirelli Tire Company increased its capital to 28.9 billion yuan, an increase of about 17%.

According to Tianyancha App, on April 20th, Pirelli Tyre Co., Ltd. underwent a change in its business registration, with its registered capital increasing from approximately 2.47 billion RMB to approximately 2.89 billion RMB, an increase of about 17%. The company was established in July 2005, with Niu Yishun as its legal representative. Its business scope includes tire manufacturing, tire sales, automotive parts research and development, motorcycle and parts research and development, motorcycle parts manufacturing, rubber product manufacturing, and rubber product sales. Shareholder information shows that the company is jointly owned by PIRELLI CHINA TYRE N.V and Yanzhou Ruiyuan Rubber and Plastic Co., Ltd.