· Qingdao Double Star and shareholders exchange land rights

Posted on

Recently, Qingdao Double Star Co., Ltd. issued the “Report on the Transfer of Land Use Rights and Related Transactions between the Company and the Controlling Shareholders”.

According to this report, Qingdao Double Star Tire Industry Co., Ltd., a subsidiary of Qingdao Double Star Co., Ltd., has obtained partial land use rights in Dongjiakou Economic Zone.

The right to use will be used for the construction of the Double Star “Environmental Relocation Transformation and Upgrading Project”.

In order to facilitate the planning and management of the project land, Qingdao Double Star Tire Industry Co., Ltd. intends to transfer part of the land use rights with its controlling shareholder, Double Star Group Co., Ltd.

The transaction method is: the double-star group transfers its use rights of part of the land (about 166 mu) in the region to the double-star tire industry.

This part of the plot is used for the construction of part of the single project of the 4.0 project and the supporting warehouse project for the passenger car.

The Double Star Tire Industry transferred its use of part of the land (about 47 acres) in the region to the Double Star Group.

According to reports, this related transaction does not constitute a major asset restructuring as stipulated in the Measures for the Administration of Major Asset Restructuring of Listed Companies, and does not constitute a backdoor.

The proposal was passed by the Double Star Co., Ltd. at the second meeting of the 8th Board of Directors with the approval of the unanimous vote.

Barbell Bar / Dumbbell Bar

Barbell bar a long bar which is used in barbell, one kind of exercise tools used in weight training, bodybuilding, weightlifting and powerlifting. The barbell bar length ranges from 1200mm to 2400mm. The barbell bar diameter ranges from 25mm to 50mm. The barbell bar can be used for both competitive sports such as powerlifting, Olympic weight lifting, CrossFit. and other exercises such as bicep curl, bench press, overhead press, deadlift, and squat etc.
Among the various barbell bars, 20kg barbell bar is the most popular and standard barbell bars.

Barbell Bar,Dumbbell Bar,Weightlifting Bar,Powerlifting Bar

SHANDONG LE REN SPECIAL STEEL CO., LTD. , https://www.lerenspecialsteel.com