Zhongce Rubber Group Co Ltd

Zhongce Rubber announced in a voluntary disclosure after market close on September 10 that its 245/55R19PR ARISUN 1 Star 107V tire product has been selected as the original equipment tire for Xiaomi Auto's Pengcheng N70 model, which was recently launched. As of the announcement date, the company's cumulative shipment value for this model was approximately 3.8 million yuan, accounting for 0.0085 percent of its 2025 annual sales revenue. Zhongce Rubber stated that this supply arrangement reflects the customer's recognition of the company's research and development capabilities, product quality, and response systems, but the subsequent manufacturing and sales volume of this model remains uncertain, and actual supply volume is subject to uncertainty. The company expects that this single supply project will not have a material impact on its operating results for this year or future years. Zhongce Rubber is a leading player in China's tire industry. In the first half of 2026, it achieved operating revenue of 23.474 billion yuan, up 7.41 percent year on year. The company previously broke through in the mid-to-high-end mainstream vehicle segment for domestic tires through cooperation with HarmonyOS Intelligent Mobility and by supplying tires for the Aito M6 model.

B.Grimm Power (BGRIM) has announced a major reorganization of its business units to support the new Power Development Plan (PDP 2026) and move towards becoming an Energy Tech Company. Mr. Noppadol Karnasuta, Chief Executive Officer for businesses in Thailand, Malaysia, and Industrial Business Solutions, revealed that the company has established 4 main business units: B.Grimm BeyondBridge, aiming for Digital Infrastructure-as-a-Service; B.Grimm iNet, upgrading industrial estates to Smart Industrial Estates; Digital Edge B.Grimm, a developer of Hyperscale Data Centers with a capacity of 96 megawatts and a value of 26 billion baht in Chonburi Province, which is over 45% complete and is preparing for partial operation by the end of 2026; and a regional clean energy portfolio under the GreenLeap strategy, targeting 10,000 megawatts of contracted capacity with over 50% renewable energy share by 2027. The company also has opportunities for short-term revenue from 250 megawatts of generation capacity ready for immediate connection, the Data Center Ecosystem deal, and the Nakwol 1 project in South Korea with a capacity of 365 megawatts, in which it holds a 49% stake, expected to commence commercial operation within this year. Other projects are also gradually reaching COD, such as Zhongce Rubber with 35 megawatts and Huong Hoa 1 with 48 megawatts. Meanwhile, the company is preparing for SMR technology through cooperation with European and Chinese partners to reduce long-term dependence on fuel imports.

Zhongce Rubber announced that its project, Key Technologies for High-Performance Tires and Green Intelligent Manufacturing, has won the second prize at the 2025 National Science and Technology Progress Award. The project focuses on innovations in overall tire manufacturing technology and key materials, achieving comprehensive performance improvements in tire products and energy savings in production, with overall technology reaching internationally advanced levels. This award will help enhance the company's brand influence but has no significant impact on short-term earnings.