Triangle Group is a tyre company based in Weihai, China. 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)" [1].
Triangle Group was founded by the Weihai government in 1976. Lacking a car industry in China, the company supplied tiny tyres to Indonesian street-sweepers rubbish carts in the following years[1]. Triangle Group was transformed into a dynamic private company and is now preparing for an initial public offering.