In a statement to the Shanghai Stock Exchange Dec. 31, 2022, the Chinese tire maker said it had changed the planned location of the facility.
The process has involved terminating an investment agreement with the government of Lujiang County, Hefei City, in the Anhui Province.
Instead, the company signed an investment agreement with the local authorities of Lu'an City, Anhui Province, about 50 miles (80 kilometers) north of Luijiang.
With the move, Linglong said it was "fine-tuning" the project, adjusting the scale of radial tires for trucks and buses and adding a waste tire recovery unit.
The new $767 million facility will have an annual output of 14 million sets of high-performance radial tire project.
Production is to encompass 12 million passenger car and light truck radial tires as well as 2 million sets of radial truck and bus tires.