On December 3, 2014, the Shaanxi Baoji Municipal Government and Shenzhen Fukailai Investment Management Co., Ltd. formally signed a contract, marking the official plan to invest 4 billion yuan in the flyblade safety tire project officially settled in Baoji City.
The fly safety tyres are a new generation of self-sealing, anti-seismic safety tyres with complete intellectual property rights. The Feizishi safety tire project settled in Baoji City will establish a headquarters of the Hyundai Group Co., Ltd., which integrates production base, technology research and development, headquarters operation, and marketing and logistics in the high-tech zone; the annual output of Caijiapo Economic Development Zone is not low. In 20 million pieces of "flying gentleman" safety tire production base.
The total investment of the project is 4 billion yuan, and the first phase will invest 2.8 billion yuan. It will build an annual production capacity of 10 million safety tire production lines, and it will be completed and put into production within 24 months. It is expected that the annual sales will reach 8 billion yuan.