Qingdao DoubleStar and Shandong Hengyu (山东恒宇科技有限公司) are to form a cooperation and joint venture designed to promote the consolidation of the industry. At TIRes, we think this means DoubleStar is absorbing the assets of Hengyu and is re-launching under a new company name, Qingdao Constant Star Tire Co., Ltd (青岛星恒轮胎有限公司 ). DoubleStar recently signed a
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