Xingda International Holdings

What Xingda International Holdings does

Xingda International Holdings (兴达国际, HKEX: 01899) is the global leader in rubber skeleton reinforcement materials, manufacturing steel cord (钢帘线), bead wire (胎圈钢丝), hose wire (胶管钢丝), and galvanized steel wire/rope (镀锌钢丝/钢丝绳) for radial tires and industrial rubber products. Founded in 1987 in Jiangsu Province and listed in Hong Kong in 2006, the company operates three production bases — Jiangsu (1.0M tonnes), Shandong (280k tonnes), and Thailand (100k tonnes Phase 1, expanding to 330k tonnes with Phase 2 in H1 2025) — giving approximately 1.6 million tonnes of annual capacity that supplies one of every three passenger-car radials sold in China and one of every four sold globally.

The firm's technological core is proprietary wire deformation and plating (metal-coating) know-how spanning 30+ years, with state-recognized R&D infrastructure: a National Enterprise Technology Center, a Jiangsu provincial key lab on structural and functional metal composite materials, a post-doctoral research workstation, and leadership of the international standard for rubber-hose steel wire. Direct-to-customer sales are executed through wholly-owned subsidiaries in Europe (since 2018) and North America (since 2017), serving 300+ customers in 40+ countries with localized technical service; trademarks are registered in 118 jurisdictions. Recent moves include ISCC PLUS certification of a recycled-steel supply chain with Pirelli and Nanjing Steel, strategic alliances with Zaozhuang Mining and General Rubber Stock, and AEO Advanced customs certification.

Xingda makes money by selling industrial input materials under project-based / contract pricing (specific price points not publicly disclosed) to large tire and rubber-product OEMs, with sustainability credentials (recycled-content certified cord, carbon-footprint verification, Type III environmental declaration) increasingly serving as a green-premium wedge. Go-to-market is enterprise field sales supported by a digital ecosystem — the "Rubber Skeleton Cloud" with procurement, tire, and logistics portals — and industry-event presence (e.g., China (Guangrao) International Rubber Tire & Auto Parts Exhibition). The customer base is anchored by marquee Chinese tire manufacturers (Xingyuan, Jinyu, Huasheng, Wuchan Zhongda) alongside international OEMs accessed via the European and Thai footprints.

Name

Xingda International Holdings

Legal name

江苏兴达钢帘线股份有限公司

Website

https://xingda.com.cn

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Xingda International Holdings (兴达国际, HKEX: 01899) is the global leader in rubber skeleton reinforcement materials, manufacturing steel cord, bead wire, hose wire, and galvanized steel wire/rope for radial tire and industrial rubber OEMs across 40+ countries from production bases in China and Thailand.

Ownership category

akta.pro rank

Product category

Tire Reinforcement Materials

NAICS

Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills (314994)

SIC

Textile Mill Products (2200)

akta.pro primary industry

Tire Cord & Industrial Reinforcement Fabrics (IMAOABAK)

Keywords

• Steel cord manufacturing
• Radial tire reinforcement
• Bead wire production
• Rubber skeleton materials
• Galvanized steel wire

Headquarters

HQ city

Putuo

HQ country

China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 钢帘线及橡胶骨架材料销售: 兴达的核心业务为钢帘线、胎圈钢丝、胶管钢丝、镀锌钢丝/钢丝绳等橡胶骨架材料的研发、生产和销售，面向全球轮胎制造商及橡胶制品企业。

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Xingda International Holdings manufactures and sells steel cord, bead wire, hose wire, and galvanized steel wire/steel wire rope, which serve as the primary reinforcement (skeleton) materials used inside radial tires and industrial rubber products. The company operates three production bases in Jiangsu, Shandong, and Thailand, with overseas sales offices in Europe and North America, supplying 300+ customers across 40+ countries.

Product overview

Xingda International Holdings is a global leading supplier of rubber skeleton reinforcement materials. The company operates a unified product portfolio centered on four core steel wire products: steel cord (钢帘线) for radial tires, bead wire (胎圈钢丝) for tire edges, hose wire (胶管钢丝) for industrial rubber hoses, and galvanized steel wire/rope (镀锌钢丝/钢丝绳) for conveyor systems and cables. The company has three production bases in Jiangsu, Shandong (China), and Thailand, with overseas branches in Europe and North America, serving over 300 customers in more than 40 countries and regions worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• 智慧兴达 (Smart Xingda): Digital transformation and intelligent manufacturing initiative, integrating big data and AI into production operations.
• 兴达学院 (Xingda College)

Products and services

• Steel Cord (钢帘线) Steel cord used as the primary skeleton reinforcement material in radial tires for passenger cars, light trucks, heavy trucks, construction machinery, aircraft, and other rubber products. Produced with proprietary metal deformation and plating technology.
• Bead Wire (胎圈钢丝) Bead wire featuring high strength, good toughness, excellent fatigue performance and straightness, used primarily as the reinforcement material at the tire bead/edge to anchor the tire to the rim.

Quantifiable outcome

• 中国市场每销售3条子午线轮胎就有1条使用兴达骨架材料
• +3 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• 倍耐力轮胎 (Pirelli)coreStrategic or Co-development Partner · 5 June 2025兴达集团携手倍耐力轮胎和南京钢铁完成了废钢回收全链条ISCC PLUS认证，打通了「再生钢原料到钢帘线再到轮胎终端」的完整绿色链路，协同构建全球轮胎行业透明、可信的再生钢绿色供应链新范本。
• 南京钢铁coreStrategic or Co-development Partner · 5 June 2025三方合作完成ISCC PLUS认证，共同建立再生钢循环供应链，达成从废钢回收到轮胎终端的全链条认证，实现再生钢在钢帘线制造中的应用验证。
• 枣庄矿业（集团）有限责任公司（枣矿集团）coreStrategic or Co-development Partner · 25 April 2025双方签署战略合作协议，聚焦供应链协同、技术创新与绿色低碳转型三大领域，探索产业链上下游融合发展的创新模式。枣矿集团年产营业收入超千亿元、利税总额超50亿元。
• 通用股份coreStrategic or Co-development Partner · 1 April 2025双方签订战略合作协议，自2005年起建立合作伙伴关系，在发展理念、经营管理、全球布局、技术研发等领域加强合作，构建密不可分的战略伙伴关系，共同探索橡胶轮胎产业链的高质量发展路径。

Scale indicators7 records

Recent moves11 records

Expansion highlights5 records

Others

• Pirelli: Premium tire manufacturer and existing strategic partner of Xingda (jointly completed ISCC PLUS full-chain certification in 2025); included as an ecosystem participant representing the demand side for recycled-steel tire reinforcement.
• Shandong Linglong Tire: Major Chinese tire manufacturer and one of the tier-1 customers in Xingda's served end-market; comparable because it is a buyer of the same tire-cord reinforcement products and represents demand-side dynamics for the reinforcement-material space.

Broad incumbents

• Bridgestone Corporation: World's largest tire manufacturer by volume; a major OEM customer for steel cord and tire bead wire, and a benchmark for supply-chain decarbonization mandates that influence Xingda's product roadmap.
• Michelin: World's largest tire manufacturer by revenue; a key global customer segment for radial-tire steel cord. Included as a broad incumbent whose procurement decisions shape Xingda's access to premium OEM volume.
• Sumitomo Rubber Industries: Global tire maker (Dunlop, Falken, etc.) that purchases steel cord and tire reinforcement materials from suppliers like Xingda; included as a broad incumbent capturing downstream value in the tire supply chain.
• Continental AG (Tire group): Global tire manufacturer (Continental, General Tire) — a major customer for steel cord and a benchmark of OEM purchasing dynamics affecting Xingda's volume and pricing.

Direct peers

• Kordsa: Turkish global player in tire reinforcement technologies (nylon, polyester, aramid, and hybrid cord fabrics); serves the same tire-OEM customer base as Xingda and is investing in next-generation reinforcement materials for sustainable tires.
• Tokusen Kogyo: Japanese steel cord and specialty wire rope producer (now part of the Bekaert Group); competes directly with Xingda in Asia for steel cord supply to tire manufacturers and high-end industrial applications.
• Bekaert: Belgian global leader in steel cord and tire reinforcement products with comparable end-market (tire OEMs), overlapping product portfolio (steel cord, bead wire, hose wire), and direct competition for the same global tire-manufacturer contracts.
• Hyosung Advanced Materials: Korean manufacturer of tire reinforcement materials including nylon, polyester, and steel tire cord. Directly comparable in end-market (global tire OEMs) and overlapping product offering for radial-tire reinforcement.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/xingda-international-holdings-ltd

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xingda International Holdings