Producer
Hubei Fuxing Science and Technology
Listed Chinese tire steel cord producer (Shanghai Stock Exchange: 603201); ~5% estimated global steel cord market share. Supplies Chinese domestic tire manufacturers. Part of the wave of Chinese steel cord capacity expansion that has pushed China to ~50%+ of global production.
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Inputs supplied
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Goods downstream
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Facilities
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Steel Tire Cord
65%Hose Wire
20%Specialty Wire Products
15%
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Origin2022
Hubei Fuxing Science and Technology Co., Ltd., listed on the Shenzhen Stock Exchange, is a steel cord manufacturer in Hubei Province — the industrial heartland of central China that contains Wuhan, the major steel and automotive manufacturing center. Hubei Fuxing represents the geographic dispersion of China's tire supply chain: rather than concentrating entirely on the coastal manufacturing zones (Shandong, Jiangsu), China's tire cord production is distributed inland to provinces like Hubei where lower land and labor costs, proximity to central Chinese steel production, and regional government industrial incentives make production economics competitive. The company benefits from Hubei's position within China's steel industry geography — Wuhan Iron and Steel (WISCO, now merged into Baowu Group) provides high-carbon rod coil feedstock that Hubei Fuxing draws into tire cord. This regional supply chain integration (provincial steel to wire to tire) reduces logistics costs but also concentrates risk: flooding events along the Yangtze River, which runs through Hubei, periodically disrupt both steel production and downstream manufacturing in this region simultaneously.
China Securities Regulatory Commission CNINFO ↗