Xiamen Petrel Industrial Corp., ltd. is one of one-hundred trial enterprises to set up the system of modern enterprises designated by the State Councial, which is reformed from formal xiamen Petrel Industrial corp. on 26 August 1997, and is a large complex involoved in the fields of scientific service, trading and manufacture. With a state-owned large-sized enterprise -Xiamen Rubber Factory, it has 3000 working staff, total assets RMB360 million and net assets RMB 135 million and 120 square metres of factory occupied area. Its annual industrial output value surpass RMB 360 million, sales income more than RMB 440 million, foriegn exchange earned up US 11 million, and profils and taxes realized at RMB more than 30 million. It annually produces 800 thousand sets of automobiles tyres of Petrel Brand and Cengfeng Brand (heavy duty, light duty truck series and agricultural series); 8 thousand sets of off-the -road tyres; 5 millions sets of cycles tyres ( wheel barrow tyres, bicyle tyres and motocycles tyres); 600 million pairs of canvas upper rubber shoes of Meide Brand and Laowei Brand. Among these the tyres of Petrel Brand has been appraised the title of products of famous brand by Fujian Provincial Government and gained DOT certificates of America. Its products are being sold well in more than 20 countries and regions in the world. Its industrial projects has been listed as key project in Xiamen Special Economic Zones by city Government. In 1997, the enterprise has passed the examination of Approval of Quality System of ISO 9001. Presently, the enterprise has been list as one of one-hundred-units key foreign-oriented enter-prises being supportd in national chemical industry and one of one-thousand=units key enterprises to have close link with the State Economic & Trade Committee. At present, the enterprise is accelerating its developing stepss and strengthening its force towards industrializing, multi-functioning, grouping and share holding enterprise.
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