Qingdao Shuangxing Tire Industry Co., Ltd., a subsidiary of Shuangxing Group, was established in 1996.

Qingdao Double Star Tire Industry Co., Ltd. under Double Star Group consists of Qingdao Double Star Tire Company, Double Star Dongfeng Tire Company and Double Star Zhongyuan Tire Company. The company's products mainly include more than 600 kinds of all-steel radial truck tires, semi-steel radial truck tires, bias truck tires, bias truck tires, inner tube pads and special tires. Now it has an annual production scale of 5 million sets of all-steel tires, semi-steel tires10,000 sets and 2 million sets of light truck tires, with an annual output value exceeding 10 billion. It has won the titles of "Qingdao Famous Brand", "Shandong Famous Brand" and "China Famous Brand" successively, and the enterprise has been rated as "Top Ten National Brands in China Tire Industry" and "Top Ten Star Enterprises in China Tire Industry" successively. The products have successfully passed ISO/TS 16949 quality management system certification, 3C compulsory product certification, European and American automobile industry standards ECE and American DOT, Brazil INMETRO, Saudi Arabia GCC and other certifications, and become one of the largest domestic enterprises with the same industry products allowed to enter the international market. At present, it has formed more than 30 domestic general agents1market network with good development potential, and has become the supporting base of more than 20 famous domestic automobile manufacturers, and its products are exported to Europe, America, Southeast Asia, Central and South America, the Middle East and other countries and regions 140. As one of the few listed enterprises in China tire industry, Double Star Tire, under the leadership of President Hai Wang, the first outstanding entrepreneur in China, has always taken "striving for national industry and winning glory for China tire" as its unshirkable responsibility, taking the market as the highest standard for testing all the work of enterprises, taking "doing a good job in product quality is the greatest kindness and accumulating virtue" as the soul of corporate culture, insisting on lean production and honest management, and striving for "building a century-old brand, a century-old brand".