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Guangdong Dcenti Auto-Parts Stock approved to go public

Guangdong Dcenti Auto-Parts Stock Co., Ltd. has been approved for IPO by China Securities Regulatory Commission.

Dcenti Auto-Parts develops, manufactures and sells aluminum alloy wheels, and it is also a tire wholesaler.

The company was established in Oc. 2001, with the location of registration in Taishan, Guangdong province.

It doesn’t produce tire, its tire business is to purchase tires from other companies and to sell them. Tire business revenue took increasingly higher proportion to the company’s overall revenue with the business’s gross profit margin growing higher from 2014 to 2016.

Dcenti Auto-Parts owns 14 sales subsidiaries in the U.S. with the sales network covering the entire country. It has one sales subsidiary in Canada.

Its tire business is largely operated by its subsidiary Dcenti Tire.

The value of aluminum alloy wheels exported by Dcenti Auto-Parts ranked the 15th in China.

Tireworld