NEXEN TIRE CORPORATION is a Korea-based company engaged in the manufacture of tires. The Company produces tires, which are used for passenger cars, sport utility vehicles (SUVs), light trucks and others. Its products include RODIAN series, RADIAL series, WINGUARD, CLASSE PREMIERE, SR series and CP series. The Company distributes its products within domestic market and to overseas markets, including China, America, Germany, Europe and others. The Company sold its entire shares of QINGDAO NEXENTIRE CORP., a China-based tire manufacturer and seller, on August 24, 2011, to establish a new Hong Kong-based wholly owned subsidiary NEXENTIRE HONG KONG HOLDINGS LIMITED.