On December 21, Qingdao Double Star announced that the company's passenger tire project has come into operation in recent days.
The company said that after completion, the company's production structure would be optimized and enhanced the market's competition.
In 2013, Qingdao Double Star signed integrated relocated agreement to move its tire company, rubber machinery company, electric company and other three companies to Dongjiakou Economy District in Yellow Island.
According to the schedule, the new production base could produce 10 million units of passenger tires, five million units of truck tires and 100,000 units of large-project tires.
