On the morning of August 23, 2010, the three horses of Continental Horse Brand Tire (Hefei) Co., Ltd., High-tech Zone Management Committee, and Hefei Gas Group signed a contract for the gas construction and installation of the new plant project of Continental Horse Tire (Hefei) Co., Ltd. The agreement marks an important step in the construction of supporting facilities for tires on the mainland.

It is understood that the German Continental Horse Brand Tire Co., Ltd. is one of the world's top 500 companies. In September 2009, Continental Horse Brand Tire officially settled in Hefei High-tech Zone to invest and build factories, with a total investment of approximately 180 million euros. This is by far the largest foreign direct investment project in Anhui. According to reports, the total gas consumption of the mainland tire gas project is 1848 Nm3/h, of which the industrial production gas consumption is 1800 Nm3/h.

In order to meet the progress requirements for the completion and commissioning of the project by the end of 2010, the Gas Group Special Affairs Office will arrange the design in advance. The project is currently under construction and is expected to be completed and put into operation by the end of 2010.

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