Qingdao Doublestar Co, Ltd is principally engaged in the manufacture and sale of tires, casting machinery, rubber and plastic machinery, embroidery products, sports shoes as well as metal forming machinery. The Company distributes its products within the domestic market and to overseas markets. During the year ended December 31, 2009, the Company produced approximately 2.84 million sets of all steel radial tires and 2.93 million sets of semisteel radial tires. As of December 31, 2009, the Company had 12 wholly owned subsidiaries and three partially owned subsidiaries.