(Westlake Tire) has been accepted for an IPO on the Shenzhen Stock Exchange. The company owns tire brands such as Westlake, Diamond, and Fullrun.

According to the Securities Times app, on June 23, Wally Tire Co., Ltd. (referred to as Wally Tire) has been accepted for an IPO on the Shenzhen Stock Exchange main board. Guotai Junan Securities is its sponsoring institution, planning to raise 2 billion yuan.