Who Owns Evergreen Tires?

Evergreen's story tracks the rise of China's tire export industry. Its original maker, Shandong Jinyu Tire, grew out of a rubber products business founded in 1995 and began producing tires in the early 2000s with technical collaboration from Apollo Tyres and Kumho. Truck tires came first under the Jinyu and Blacklion names; passenger car tire production began around 2009, when the Evergreen brand was launched for international markets.

Evergreen scaled fast on the back of China's export boom, building PCR capacity in the tens of millions of units and securing EU label certification early enough to sell into Europe as standards tightened. By 2015 the company projected combined passenger, light truck, and truck capacity of 26 million tires a year.

The corporate structure changed in 2012, when Sailun acquired a stake in Jinyu and the two merged into Sailun Jinyu Group, the first A-share-listed private Chinese tire enterprise. The Jinyu corporate name was retired in 2018 when the group became Sailun Group, but Evergreen continued as a distinct export brand.

Today Evergreen tires are produced across Sailun's factory network in China, Vietnam, and Cambodia, and the brand maintains its Shanghai-based global sales operation with distribution in more than 100 countries.