Doublestar (company)
| Industry | Automotive |
|---|---|
| Founded | 1921 |
| Headquarters | , |
Area served | Worldwide |
| Products | Tires |
| Subsidiaries | Kumho Tire (45% share; 2018–present) |
Qingdao Doublestar Co., Ltd. (Chinese: 双星集团有限责任公司) is a Chinese tire company. Formed in 1921, it is listed in the Shenzhen Stock Exchange. Doublestar is also the largest shareholder of Kumho Tire.
Operations
[edit]Doublestar was founded in 1921 as a shoe company. In 2001, Doublestar acquired Huaqing Tire, and in 2005 it acquired Dongfeng Tire. In 2008, its shoe and clothing businesses were divested from the group and switched to tire production.[1] In July 2018, Doublestar purchased a 45% share of Kumho Tire from the Kumho Asiana Group.[2][3]
References
[edit]- ^ "关于双星". 官方网站. Archived from the original on 2023-01-13. Retrieved 2023-01-12.
- ^ "Kumho Tire separates from Kumho Asiana Group". 29 December 2017. Retrieved 2018-11-28.
- ^ "Year in Review: Doublestar, Kumho complete merger after failed attempt in 2017". Rubber and Plastics News. 19 December 2018.