Part of Bridgestone's diversified products unit, the to-be-divested business reported sales of $477 million last year.
Bridgestone declined to give further details on the overall sales of its diversified products division in 2020.
On further consolidation moves, the company said in a written statement to European Rubber Journal that it had not decided anything "as of now."
"We are always considering and evaluating all the businesses from multiple point of views before any decision, and this is not limited to the diversified products business," a company spokesman said.
The divestment is the latest of a series of restructuring moves by Bridgestone, which are aimed at rebuilding earning power through focusing on "areas where it can leverage its core competencies."
Headquartered in Tokyo, the business employs nearly 3,850 people and operates eight manufacturing bases in Japan, China, the U.S., Thailand and India.
Bridgestone said it considered and evaluated the anti-vibration rubber business "thoroughly and comprehensively" before making the divestment decision.
The move, it added, is "best for the business" to grow further and maintain competitiveness.
All the employees will be transferred to Anhui Zhongding.
Headquartered in Ningguo City, Anhui Province, China, Anhui Zhongding is a manufacturer of automotive parts and employs 22,000 people.
The Chinese group's product portfolio includes sealing products, anti-vibration systems, fluid management solutions and systems for new-energy vehicles.