Ping An Bank shares and Double Star Group build the first tire industry fund

October 26, 2015, Ping An Bank Co., Ltd. and Double Star Group Co., Ltd. in Shanghai signed a strategic cooperation agreement to jointly launch the first team tire industry fund industry, and strive to build one hundred billion industry circles. Ping Ping Bank President Shao Ping, Binxing Group Chairman and General Manager Chai Yongsen and both senior management team attended the signing ceremony.

Ping An Bank Co., Ltd. signed a strategic cooperation agreement with Double Star Group Co., Ltd.

Shao Ping said that in the financial layout of the automotive and automotive aftermarket, Ping An Bank and Double Star's IoT ecosystem strategy coincides.

Both partners hope to seize the opportunity of transformation in China's tire industry and jointly establish an industrial investment fund in the tire integration, Internet, Internet of Things, tire manufacturing, automotive aftermarket intelligence services, green tires, Internet of things wisdom tires, tire green Recycling and other areas, establish strategic partnerships.

It is reported that through this cooperation, the Double Star Group will rely on Ping An Group's strong comprehensive financial advantages, customer advantages, technology and channels to obtain tire industrial upgrading and tire manufacturing technology, in addition, its tires intelligent equipment and manufacturing level also Can be supported.

Ping An Bank is a fast-growing nationwide joint-stock commercial bank and is committed to providing customers with comprehensive financial services in the entire industry chain and in the entire field. Double Star Group is currently the only state-owned listed company in the tire industry in Shandong Province, and is one of the few companies in the world that possesses tire and tire manufacturing equipment technology and manufacturing experience.

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