Sailun International Holding (Hong Kong) Co., Limited announced that it expects to receive in funding from Sailun Group Co., Ltd.

Sailun Group Co., Ltd., formerly SAILUN JINYU GROUP CO., LTD., is a China-based company principally engaged in the research and development, manufacture and distribution of tires. The Company's main products include passenger car tires, light truck and sport utility vehicle tires, truck and bus tires, construction machinery vehicle tires and tire recycling products. The Company is also engaged in the development and distribution of radial tyre manufacturing techniques. The Company distributes its products within domestic market and to overseas markets.