Qingdao Double Star announced that innovative product "rare earth gold" tires has successfully supported the main engine factory

On June 8, Qingdao Double Star recently announced a series of important developments at a performance briefing. The company said that its innovative product "rare earth gold" tires have successfully achieved supporting cooperation with the main engine factory, and sales in the company's replacement market account for about 10% of total sales. In the future, Double Star will continue to focus on developing the "rare earth gold" series of products and applying them to truck and passenger tires.

In addition, their "fully explosion-proof" tires have been deployed nationwide in dual chain channels, and have achieved large-scale sales on Xinkangzhong, Touhu, Jingdong and other platforms. Sales of this product continue to grow, showing a good momentum of development.

It is understood that the "rare earth gold" tire is an innovative product successfully developed by Double Star at the end of 2021. It has excellent energy-saving performance, with a rolling resistance coefficient of as low as 3.8, which can improve the cruising range of new energy vehicles. The sales market for this product mainly includes logistics fleets, main engine factories and replacement markets. At present, Double Star has established cooperative relationships with major new energy vehicle manufacturers in China, further promoting the market expansion of "rare earth gold" tires.

Qingdao Double Star has demonstrated its leading position and innovative capabilities in the tire industry through these important developments. Their products have achieved remarkable results in the market and have established close cooperative relationships with key partners.