On March 1, 2019, Shandong Linglong Tire Co., Ltd. announced the capital increase announcement.

The company plans to invest 150 million euros (about 1.14 billion yuan) and 69,993,767 euros (about 530 million yuan) for Linglong Holland Co., Ltd. and Linglong International (Europe) Co., Ltd. respectively.珑The two companies were set up to carry out the work related to Serbia's 13.62 million sets of high-performance radial tire projects.

At present, the project is undergoing preferential policy confirmation and land processing, and is expected to start in April 2019.

It is understood that the 100% equity of Linglong Dutch Company is held by Linglong Tire Company Hong Kong Tiancheng Investment Trading Co., Ltd. In order to make the above projects progress smoothly, Linglong Tire intends to change the existing structure of the Dutch company. Linglong International Tire (Thailand) Co., Ltd. intends to hold a 25.04% stake in the Dutch company through the purchase of shares; Hong Kong Tiancheng changed to 74.96%.

In addition, after the above funds were in place, the Dutch company completed the capital increase of its wholly-owned subsidiary, Linglong International (Europe).

Reading volume: Source: Delicate tire of: cold autumn

A Heat Exchanger is a device designed to efficiently transfer or "exchange" heat from one matter to another. When a fluid is used to transfer heat, the fluid could be a liquid, such as water or oil, or could be moving air. The most well known type of heat exchanger is a car radiator. In a radiator, a solution of water and ethylene glycol, also known as antifreeze, transfers heat from the engine to the radiator and then from the radiator to the ambient air flowing through it. This process helps to keep a car's engine from overheating. Similarly, our heat exchangers are designed to remove excess heat from aircraft engines, optics, x-ray tubes, lasers, power supplies, military equipment, and many other types of equipment that require cooling beyond what air-cooled heat sinks can provide.

There are various types of heat exchangers. our heat exchangers provide air-to-liquid cooling, liquid-to-air cooling, liquid-to-liquid cooling, or air-to-air cooling. With air-to-liquid cooling, heat is transferred from the air to a liquid. One example of air-to-liquid cooling is cabinet cooling. With liquid-to-air cooling, the heat is transferred from the liquid to the air. This type of cooling is generally used to cool process fluids. Liquid-to-liquid cooling is also used to cool process fluids, but the heat is removed by another liquid instead of by air. Lastly, with air-to-air cooling, heat is transferred from one air or gas stream to another.

we has been manufacturing one of the most widely used heat exchanger technologies, tube and fin heat exchangers, for more than 20 years. Tube and fin heat exchangers provide air-to-liquid cooling or liquid-to-air cooling. They consist of fin, hairpin tubes, return bends to connect the hairpins, a tube sheet to support and properly align the tubes, a header with inlets and outlets, side plates for structural support, and usually a fan plate. The tubes provide the path for the liquid coolant, and the fin adds surface area for more heat convection. Copper is often selected for tube and fin material due to its excellent thermal conductivity and compatibility with water and ethylene glycol solutions. However, stainless steel is used for tube and fin when it's necessary for the coolant to be deionized water or other corrosive fluids.

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