轮胎行业复苏势头强劲：需求回暖推动业绩增长 绿色转型加速

轮胎行业复苏势头强劲：需求回暖推动业绩增长 绿色转型加速

Tire Industry Shows Strong Recovery: Demand Rebound Boosts Performance While Green Transformation Accelerates

2023年轮胎行业迎来全面复苏，根据上市公司年报和2024年一季报数据显示，轮胎产业链呈现强势复苏态势。玲珑轮胎2023年净利润同比大增376.88%，2024年一季度继续增长106.32%，成为行业复苏的典型代表。

The tire industry experienced a comprehensive recovery in 2023. According to annual reports and Q1 2024 data from listed companies, the tire industry chain showed strong signs of recovery. Linglong Tire's net profit surged 376.88% year-on-year in 2023, with a further 106.32% growth in Q1 2024, becoming a typical example of the industry's revival.

需求端与成本端双重利好推动行业业绩提升。一方面，国内外市场需求稳步复苏，特别是中国轮胎出口表现超预期；另一方面，天然橡胶等原材料价格下降缓解了企业成本压力。豪迈科技2023年净利润增长34.33%，经营活动现金流更是大增1.89倍。

Dual benefits from demand and cost sides drove industry performance improvement. On one hand, steady recovery in domestic and international market demand, especially the better-than-expected performance of Chinese tire exports; on the other hand, declining prices of raw materials like natural rubber alleviated cost pressures for enterprises. Haomai Technology achieved 34.33% net profit growth in 2023, with operating cash flow soaring 1.89 times.

绿色转型成为行业新趋势

Green Transformation Emerges as New Industry Trend

在业绩向好的同时，轮胎产业链加速向绿色低碳方向转型。玲珑轮胎推出可持续材料占比超80%的环保概念胎，创下国内行业新纪录。赛轮集团则发布2030年可持续材料含量达40%、2050年达100%的宏伟目标。

While performance improves, the tire industry chain is accelerating its transition toward green and low-carbon development. Linglong Tire launched an eco-concept tire with over 80% sustainable materials, setting a new domestic industry record. Sailun Group announced ambitious goals to achieve 40% sustainable material content by 2030 and 100% by 2050.

阳谷华泰启动生物基橡胶助剂项目，利用农业废弃物替代石油基材料；大业股份获批200兆瓦风电项目，未来年发电量将超5亿度，助力打造"零碳"园区。这些创新举措展示了中国轮胎企业响应"双碳"目标的坚定决心。

Yanggu Huatai initiated a bio-based rubber additive project, using agricultural waste to replace petroleum-based materials; Daye Co., Ltd. obtained approval for a 200MW wind power project with future annual electricity generation exceeding 500 million kWh, helping create a "zero-carbon" industrial park. These innovative measures demonstrate Chinese tire companies' firm commitment to responding to the "dual carbon" goals.

行业挑战与机遇并存。虽然2024年原材料价格有所回升，但分析师认为轮胎行业仍将保持较高景气度。随着绿色转型的深入推进，率先布局可持续技术的企业有望获得长期竞争优势。

The industry faces both challenges and opportunities. Although raw material prices have rebounded in 2024, analysts believe the tire industry will maintain relatively high prosperity. With the deepening of green transformation, companies that pioneer sustainable technologies are expected to gain long-term competitive advantages.