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Qingdao Double Star New Strategy: Mechanical Manufacturing Will Become "Main Business"
Reporters learned from the double star group that in the next three years, the double star group with shoes will start a new round of strategic adjustment. In addition to the already formed footwear and tire industry, machinery manufacturing will become an important industry of the two star group. In November 8th, the asset spanfer project of Qingdao Binxing group, a subsidiary company of the Twin Star Group, ended in the public listing period of the Qingdao property exchange. The spanferee was a famous industrial company belonging to the two star group, which indicates that the listed company has successfully stripped the shoemaking business and stepped into the new journey of developing tire and mechanical business. According to Wang Hai, President of the double star group, the double star group entered the tire manufacturing industry in 1996. First, it absorbed the merger of Hua Yuan green tire into the tire industry, then set up Zhongyuan tire company in Zhumadian, Henan, and formally acquired the original Dongfeng Tire in 2007. At present, the Twin Star has formed three major tire production bases in Qingdao, Zhongyuan and Hubei Shiyan. The products cover seven series and more than 600 varieties of all steel radial tire, semi steel car tire, truck bias tire, agricultural light truck tire, military tire, engineering tire, special tire, etc., with an annual output of 10 million sets of production capacity, ranking six in the country. In the next development strategy, tires will be the focus and main direction of double star development. In three years, double star tires will reach an annual production scale of 20 million sets. The two star machinery will strive to build a mechanical satellite industry chain consisting of casting machines, rubber machines, environmental protection and forging and pressing for 3 years. The footwear industry and clothing will face new integration, strive to be bigger and stronger, and re organize the listing at the right time.
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