Prinx Chengshan Subsidiary Halts Tire Production in Thailand Over Regulatory Issues

Reuters
08/04
<a href="https://laohu8.com/S/01809">Prinx Chengshan</a> Subsidiary Halts Tire Production in Thailand Over Regulatory Issues

Prinx Chengshan Holdings Limited's wholly-owned subsidiary, Prinx Chengshan Tire (Thailand) Co., Ltd. ("Prinx Thailand"), has received a temporary suspension notice from the Industrial Estate Authority of Thailand. The suspension pertains to its tire production base in Thailand due to issues related to the packaging of carbon black, which allegedly breached industrial waste disposal regulations, and pending acceptance of waste emissions inspection for the expansion production line. As a result, Prinx Thailand has temporarily halted operations at the tire production base. The company is actively engaging with the authorities to resolve the matter and expects to gain more clarity on the duration of the suspension within one to two weeks. The financial impact is currently being assessed, but it is not anticipated to significantly affect the Group's financial condition if the suspension is resolved promptly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prinx Chengshan Holding Ltd. published the original content used to generate this news brief on August 04, 2025, and is solely responsible for the information contained therein.

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