On September 4th, the 18th China International Tire Expo was grandly opened at the Shanghai World Expo Exhibition and Convention Center, which builds an international trade and communication platform for tire industry.

On June 15, the World Brand Lab released “China’s 500 Most Valuable Brands” in Beijing. Doublestar Tire with the brand valuation of 12.19 billion dollars ranked 93rd on the brand list, as the leader of Chinese tire industry for eight consecutive years.

On June 14th, the 2023 Latin & Caribbean Tyre Expo and Latin Auto Parts Expo was held in Panama, which is the most influential exhibition of tires and auto parts. Nearly 400 auto parts manufacturers, tire manufacturers and other exhibitors attended.

On May 29th, the second UAE China Tire & Auto Parts Expo was held in Sharjah Exhibition Center, UAE. As the penetration rate of the vehicle in the Middle East area is very high, and UAE is the economic center and transport hub in Middle East, UAE is a very important market for the tire manufacturer. Doublestar attended the exhibition, showing the new products and technologies.

    Recently, Doublestar Cambodia Tire Factory officially laid its foundation in Kratie, Cambodia. In order to meet the increasing demands of the overseas market, Doublestar and UBE DEVELOPMENT Co.Ltd. jointly established Doublestar (Cambodia) factory with an annual production capacity of 8.5 million high-performance radial tires (including 7 million PCR tires and 1.5 million TBR tires). The factory covers an area of 400,000 square meters with a total investment of approximately 210 million US dollars. The Premier of Kratie Province, Mr. Chai Yongsen, Chairman of Doublestar Group, Mr. Zhang Qirong, Chairman of Zhongqi Group, the government leaders and Cambodian partners attended the groundbreaking ceremony.     Doublestar will make full benefit of scale economy to improve the industrial competitiveness in the global tire market, especially in European, American and ASEAN regions. At the same time, the new production line uses the advanced equipment, which can mostly reduce the production loss, improve the efficiency, save costs and improve the manufacturing technique, achieving comprehensive and high-quality development.