Double Star Asset Pfer: Double Star Shoes Will Remarry "Celebrities"

"Double star shoes" will be remarried to the "celebrity" city, the SASAC Property Exchange yesterday confirmed that Qingdao double star shoe-making business assets will be pferred to "double star celebrities industry", the two sides are discussing the details of the pfer. "Double star must strip off their old bank, and no longer make shoes, concentrate on tyres".

Recently, this news has aroused great concern in the island city and even in the whole country. Many domestic media have published reports in important positions.

Yesterday afternoon, the Qingdao municipal SASAC property rights exchange staff confirmed this to our newspaper.

The securities and Propaganda Department of the two star group did not receive interviews on the grounds of ignorance.

The details of the pfer are being discussed. At present, "Qingdao double star" has more than 140 production lines in the whole country, plus nearly 3000 chain stores and nearly 40 thousand employees across the country, and its brand value is as high as 10 billion yuan.

"Qingdao double star shoe-making business assets pfer project is officially listed on our city property exchange, and has strictly implemented the procedures of" recruiting, shooting and hanging. "

Yesterday afternoon, the city's SASAC Property Exchange Center in the manager said so.

It is reported that in October 12th, according to the relevant requirements of the pfer of state-owned assets, the Qingdao double star shoe-making business assets pfer project was officially listed on the city property exchange, and the public announcement time was up to November 8th.

Qingdao double star footwear business assets will be pferred to Qingdao star Limited by Share Ltd.

"Now that the publicity period is over, the two sides have already signed the pfer agreement."

The manager said.

At present, the two sides are discussing the details of the way of payment of the pfer, and the pfer agreement has not been formally signed.

At the evening of 128 million yuan and 16 nights, the assets reserve price was noted in the announcement of the listing of assets disposal projects issued by the Qingdao municipal SASAC website.

Publicity shows that the base price of this asset is 128 million 440 thousand and 800 yuan, including 991 shoe making equipment, 17 vehicles, 137 office equipment and property, land and so on.

The basic conditions of the pferee are determined as: a large shoemaking enterprise with state-owned shareholding components; a leading enterprise in the domestic shoemaking industry; a sound management system and more advanced management mode and idea in the management of enterprises; capable of undertaking all the employees who are pferred to the assets and guaranteeing the rights and interests of the workers according to the relevant regulations of the state; and having the ability to pay cash for the pfer of assets.

Since 2000, the two star group has invested heavily in the tire industry, according to people familiar with the situation.

In particular, after the acquisition of Dongfeng tires, the position of the twin stars in the national tire industry has improved significantly, and has entered the top ten, and all steel radial tires have also won the title of "China's famous brand products".

At present, the profits and profits of the double star group mainly come from the tire industry of Qingdao Twin Star, and the shoe making business, which has been a pillar, accounts for only about 10% of the total business of its main business.

Celebrities belong to the group. It is understood that, as the pferee of Qingdao's Twin Star shoemaking business assets, the celebrity industry established in 2002 is a related trading partner of Qingdao's double star. It belongs to the parent company's two star group. It is a Limited by Share Ltd jointly established by the two star Refco Group Ltd, the Binxing group's trade union committee and its own shareholders.

The company's main business is the production and sale of all kinds of shoes, packaging, sales and sportswear.

At the end of 2006, the total assets of celebrity industries amounted to 160 million yuan, and the main business income was 67 million 70 thousand yuan, with a loss of 3 million 190 thousand yuan.

In the morning, interviews with relevant departments of the city failed to find out the situation of celebrities industrial natural shareholders.