Shengtai Group Corporation (hereinafter referred to as Shengtai Group), located in Xishui Industrial Park of Guangrao County, Shandong, is a private enterprise group integrating manufacture of vehicle tyres, wheels, inner tubes and bead wires, plastic processing, international trading business, and research and development.
　　Shengtai Group comprises one technology center at municipal levels and eight subsidiaries: Shandong Shengtai Group Co., Ltd., Shandong Zhushenghua Rubber Co., Ltd., Shandong Detong Wheel Co., Ltd., Dongying Huatai Rubber Co., Ltd., Shengtai Group International Trading Corporation, Qingtao Xishui International Trading Corporation, Shengtai Group Shenghua Inner-tube Company, and Shengtai Group Bead Wire Company. Shengtai Group employs nearly 3,000 staffs, around 560 of whom are technicians, occupies an area of 800,000 square meters, and possesses RMB 2.8 billion of total assets.