NEWS CENTER

Doublestar Tires were showing at the Tyrexpo Asia 2019
On March 19, Tyrexpo Asia 2019 in Singapore Expo Centre grand opening, binary overseas headquarters for accelerating 160 strategic ground, in the further development of southeast Asia market at the sa
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On March 27, the 2019 Kazakhstan International Automotive Expo opened in Astana Korme exhibition center. Kazakhstan, as an important country along the One Belt And One Road route in China, attaches great importance to the development of DOUBLESTAR Tires in this region. This time, it makes its debut with CROSSLEADER, KINBLI and DOUBLESTAR and AOSEN, its high-end brands, so that customers and users in Kazakhstan can feel the charm of DOUBLESTAR tires up close.
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On December 2, in order to "create brand = products + partner" as the theme of 2019 Doublestar released overseas strategy and overseas regional distributor meeting held in Qingdao, Chai Yongsen group
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The Acquisition Closed At The Price Of Rmb 3.9 Billion! Doublestar And Kumho Tire Cooperate To Create Brilliance
On July 6, Doublestar and the Korea Development Bank (KDB) held the trade closing ceremony in Seoul, South Korea. As a result, Doublestar held 45% stake in Kumho Tire for approximately RMB 3.9 billion and officially became its controlling shareholder. Creditors such as KDB will continue to hold 23% of the shares, maintaining the position as the second largest shareholder. So far, this cross-border M&A case, known as the “most tortuous, most magnificent and most bizarre” around the globe, has finally come to a successful conclusion.
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