Qingdao Sentury Tire Co., Ltd. (hereafter referred to as "Sentury") is a tire manufacturer established in May 2009 with the area of 1.439 acres mainly engaged in PCR tires and aircraft tires. The whole project was designed into 3 phases. The first phase (2009-2014) will see the annual capacity of 15 million PCR tires. The second phase (2014-2017) will see another 18 million annual capacity (including 10 million tires of Thailand project), reaching the annual capacity of 33 million high performance PCR tires. Our final annual production capacity of 50 million PCR tires will be completed in the third phase (2017-2021) with the additional 17 million PCR tires.