Qingdao Shuangxing takes the relocation of related subsidiaries as an opportunity to upgrade the industry. The company plans to invest 3.5 billion yuan to build a green tire intelligent production demonstration base integrating intelligent production of green tires and automated tire production equipment manufacturing. According to the “Qingdao Shuangxing Co., Ltd. Overall Relocation Project Agreement†signed between the company and the Huangdao District People’s Government of Qingdao on December 6, the company will locate the tire company, caster company, rubber machine company, and forging company in Huangdao District. Six wholly-owned subsidiaries, including environmental companies and electronics companies, moved to the Dongjiakou Economic Zone in Huangdao District to build an intelligent production base for green tires. The Huangdao District Government, in the north of Zixin Road in the Dongjiakou Economic Zone and west of Henghe West Road, transferred 1200 mu of industrial land required for the relocation of the company's old factory, which was executed at market fair prices. When the company handles the transfer of 1200 acres of land for the project, it will pay a land transfer fee of 100 million yuan, and the rest will be paid by December 31, 2014. The Huangdao District Government is responsible for the clearance, compensation and clearing of ground attachments on the transfer site, and will provide infrastructure support for the company's project construction. After the company relocates to the Dongjiakou Economic Zone, the Huangdao District Government will actively pursue the most favorable relocation policy for the company by referring to the relocation policy of Qingdao Old Chemical Company. The company plans to build a dual-star green tire intelligent production demonstration base located in the Dongjiakou Economic Zone, Huangdao District, Qingdao, covering an area of ​​1200 mu. The project plans to produce 5 million sets of green all-steel radial tires, 10 million sets of green semi-steel radial tires, 1,300 sets of automatic rubber and plastic machinery, and 600 sets of automatic casting machinery. The project construction is conducive to the use of foreign green tire production experience, combined with the company's status quo, with automation, intelligence, and information to further optimize and upgrade the production process, update production equipment, to achieve green, environmental protection, efficiency, energy consumption and other aspects of the global leader. The project is expected to have a total investment of 3.5 billion yuan. The source of funding will be self-financed funds of the company accounting for 20%, and bank loans and other means of financing will account for 80%. The construction period of the project was 48 months. The project started the early stage in early January 2014. The project was completed at the end of December 2017. It is expected that after the project is completed and put into production, the company's production scale and benefits will have a significant increase and increase. Bend Test Machine,Bend Test Equipment,3 Point Bending Testing Machine,Bending Testing Machine Jinan Chenda Testing Machine Manufacturing Co., Ltd. , https://www.jncdtester.com