Founded in 1921 in Qingdao, China (originally as a shoe manufacturer).
Entered the tire industry in 1991 and fully shifted focus to tires after divesting its footwear and apparel businesses in 2008.
It is the only state-owned listed tire company in Shandong Province, traded on the Shenzhen Stock Exchange (stock code: 000599).
In 2016, Doublestar built the world’s first full-process “Industry 4.0” intelligent tire factory,
modernizing production and closing outdated facilities.
In 2001, acquired Huaqing Tire and in 2005 acquired Dongfeng Tire.
In 2018, Doublestar purchased a 45% share of Kumho Tire (South Korea), becoming its largest shareholder.