Double Star Group and Rubber Valley Sign Strategic Cooperation Agreement

On November 3, 2011, Double Star Group and Rubber Valley signed a strategic cooperation agreement. At the same time, Double Star Group and its subsidiary company, Celebrity Industry and Technology Development Center formally entered Rubber Valley.

Established in 1921, the Double Star Group has 90 years of development history. It is a cross-border, cross-industry, cross-ownership international business group. Up to now, Double Star has formed five industries including footwear, tires, machinery, clothing and thermoelectricity, and eight industries including printing, embroidery, and tertiary production. It has 60,000 employees, more than 140 member companies, and total assets. 6 billion yuan, annual sales income of 10 billion yuan, its brand value 49.292 billion yuan. Double Star settled in Rubber Valley will play its leading advantages in industry shaping, market expansion, and scientific research and development. It will form a unique commercial ecological network in the rubber valley and drive the upstream and downstream enterprises to develop together to form more “double star” type giant enterprises.