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The announcement period for the mixed reform project of Qingdao Doublestar’s controlling shareholder expired, and 3 interested investors were solicited


2020-06-29 13:40:40Beijing News Editor: Zhao Ze
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The publicity period for the mixed reform project of Qingdao Double Star’s controlling shareholder expired, and 3 interested investors were solicited

2020-06-29 13:40:40Beijing News

Beijing News Shell Finance News On the afternoon of June 29, Qingdao Double Star Co., Ltd. (stock abbreviation “Qingdao Double Star”) issued an announcement on the expiration of the publicity period for the mixed reform project of the controlling shareholder. Qingdao Double Star stated in the announcement that the company received a notice from the controlling shareholder Double Star Group on June 28: Double Star Group released information on the simultaneous equity transfer project of Double Star Group’s capital increase and share expansion on the Qingdao Property Exchange from April 27 to June 23 , Publicly solicit strategic investors, as of June 23, the publicity period expires. On June 23, Double Star Group received the “Notice of Result of Simultaneous Equity Transfer and Listing of Double Star Group’s Capital Increase and Share Expansion” issued by Qingdao Equity Exchange. During the public announcement period, three interested investors have been solicited.

Qingdao Double Star disclosed in the announcement that the three prospective investors are: Tus-Tech City Group Co., Ltd., Qingdao West Coast New Area Fusion Holding Group Co., Ltd. and Shandong Xincheng Hengye Group Co., Ltd.

The announcement stated that the simultaneous equity transfer of capital increase and share expansion still requires all parties to sign a capital increase/equity transfer agreement. There is still uncertainty. The company will pay close attention to the progress of the matter and strictly follow the provisions and requirements of relevant laws and regulations. Relevant parties inform the progress of matters in a timely manner, prompt risks in a timely manner, and perform information disclosure obligations.

The Beijing News Shell Finance Editor Zhao Ze

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