On the afternoon of December 28th, Qingdao Liyang Rubber Technology Co., Ltd. signed a strategic cooperation agreement with Qingdao Hailang Intelligent Equipment Co., Ltd. (a subsidiary of Double Star Group). Both parties have actively integrated resources and complementary advantages around the upstream and downstream industrial chain of the rubber tire industry, based on the principles of "complementary advantages, mutual benefit, and common development", and established a long-term comprehensive strategic cooperation relationship.

A delegation of four including General Manager Li and R&D Manager Xue from Qingdao Liyang Rubber Technology Co., Ltd., as well as General Managers Lan, Zhou, Sun, and You from Qingdao Hailang Intelligent Equipment Co., Ltd., attended the signing ceremony.

At the signing ceremony, Mr. Lan of Qingdao Hailang Intelligent Equipment Co., Ltd. briefly introduced the recent and future development of Qingdao Hailang Intelligent Equipment Co., Ltd. He stated that both parties will leverage their own advantages and establish the world's first full process Industry 4.0 factory in the tire industry through deep cooperation, with experience and practices, machining capabilities, modular design capabilities, system integration and final assembly capabilities, as well as Qingdao Liyang's technical capabilities and EPC project general contracting advantages. A cooperation team will be established to jointly explore the market and engage in deep cooperation.

The cooperation between Qingdao Liyang and Qingdao Hailang Intelligent Equipment has broad prospects and is of positive significance in enhancing the vitality, influence, and competitiveness of enterprises. Both parties will take this cooperation as an opportunity to further optimize the cooperation mode, achieve complementary advantages, and jointly explore new projects.