Triangle Group is a tyre company based in Weihai

Weihai

Weihai is a city in eastern Shandong Province, People's Republic of China. It is the easternmost prefecture-level city of the province and a major seaport. Between 1898 and 1930, the town was a British colony known as Weihaiwei or the Weihai Garrison , and sometimes as Port Edward...

, China

People's Republic of China

China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

.
According to the Economist, it is "one of only two Chinese companies that have anything approaching a global market share (about 1% in its case)" .

Triangle Group was founded by the Weihai

Weihai

Weihai is a city in eastern Shandong Province, People's Republic of China. It is the easternmost prefecture-level city of the province and a major seaport. Between 1898 and 1930, the town was a British colony known as Weihaiwei or the Weihai Garrison , and sometimes as Port Edward...

 government in 1976. Lacking a car industry in China, the company supplied tiny tyres to Indonesia

Indonesia

Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...

n street-sweepers rubbish carts in the following years.
Triangle Group was transformed into a dynamic private company and is now preparing for an initial public offering.