FORMULA ENTERPRISES LTD. - Qingdao, China

FORMULA ENTERPRISES LTD. Is one of 500 top private enterprises in China. The headquarters is located in Qingdao city. At present, FORMULA ENTERPRISES LTD. Takes rubber and tire as core business to carry out global operation and constantly explore overseas market. Now the company has built close business cooperation with some 100 countries and regions with more than 150 clients located in South America, North America, Africa, Australia, Europe, Middle East and Asia.FORMULA ENTERPRISES LTD. Has grown rapidly in recent years. The sales income was 2 billion RMB in 2004, and the domestic sales income of tires exceeded 200 million RMB; meanwhile, it exported tires worth US$ 60 million and sold 110,000-ton rubber. The company has become one of the top and professional companies of the tire  

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industry in China. In 2005, the company entered into such fields as rubber production, logistics, automobile sales and replacement, automobile maintenance and repair and chain business.FORMULA ENTERPRISES LTD. Always attaches importance to human resource strategy and zealously introduces many high-level professionals so as to lay a stable foundation for future development. Meanwhile, it emphasizes information construction and has invested vast amounts of capital to introduce ERP management system in order to further increase management efficiency. In the future, FORMULA will fully use its advantage of international operation to provide more advanced products and perfect services to domestic to overseas clients. FORMULA welcome different communities to move forward and create a glory together.