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DOUBLESTAR

DOUBLESTAR

Shuangxing Group Co., Ltd.
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Brand Introduction

Shuangxing was founded in 1921 and is headquartered in Qingdao West Coast New District. Qingdao Shuangxing (000599) is a state-owned main board listed company. Before 2008, the main business of Double Star was mainly shoes and clothing. In 2008, the shoe and clothing industry was completely reorganized and separated from the group, and Double Star completely changed its career to the tire industry.

In 2016, the global tire industry's full-process "Industry 4.0" intelligent factory was built, and it took nearly five years to close all old factories and eliminate all backward production capacity. At the same time, two new industries of intelligent equipment, robots, and green ecological new materials have been cultivated, and an industrial Internet ecosystem of "R&D 4.0" + "Industry 4.0" + "Service 4.0" has been built.

On July 16, 2020, Shuangxing implemented mixed reform at the group level, and transformed from a municipal state-owned enterprise to a state-owned mixed-ownership enterprise. At present, Double Star is implementing the "new four modernizations" strategy of dual carbonization, high-tech, localization and digitalization around the three main businesses and models of rubber tires, artificial intelligence, high-end equipment, and green ecological new materials, and building Double Star into a new strategy as soon as possible Digital, high-tech and advanced enterprises with social responsibility.

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