Qingdao SASAC Has Wrestled Wang Hai To Check Double Star Property Rights Pactions.

Wang Hai, the head of Qingdao's double star, has always been controversial. Now its dual star group is in the middle of controversy. Qingdao's double star, including Qingdao's SASAC, has conducted a thorough investigation of the state-owned property rights pactions of the two star groups over the years.

"The whole investigation process is focused on by the Qingdao municipal SASAC, which includes the situation of state-owned property rights pactions over the years.

Now, the investigation has been completed, only to publish the findings and opinions.

People familiar with the matter said.

Because the investigation of Qingdao SASAC, Qingdao double star shoes industry assets pfer is blocked.

In April 27th, Qingdao double star announced the announcement of asset sales and related pactions. It said the company would pfer the cold sticky shoes business assets with a net book value of 88 million 838 thousand and 500 yuan to 110 million 159 thousand and 800 yuan for the Qingdao Star Industrial Limited by Share Ltd.

At the end of September, Wang Hai said publicly in Hunan that the footwear assets of the Qingdao double star were still not successfully pferred, mainly due to the opposition of the SASAC in Qingdao, "they think I am in the state assets, so they do not agree."

At present, the results of the investigation have not yet been released and the opinions on handling are not clear.

The news confirmed by the city of Qingdao shows that the wind and rain this time seems to be safe.

"Qingdao is still willing to give Wang Hai face", mainly because the whole binary star is still developing on the benign track, and the problems arising from the pfer of property rights are only small problems compared with them. Small problems can always be forgiven.

As for the successful completion of related pactions between Qingdao binaries and celebrities, the relevant departments of Qingdao remain silent on the outside world.

Wang Hai is confident: "leaders say that my ideas and directions are worthy of recognition. Therefore, it is estimated that the paction can be completed soon."

Facing the outside challenge, Wang Hai was full of grievances.

Turning to his doubts about "turning state-owned assets", Wang Hai said, "what I want is how to become a strong and big star. If you are in front of yourself for more than a decade or two, there will be plenty of time and opportunity. Why do you wait until you are 66 years old?"

For the related pactions between Qingdao's twin stars and celebrities, the main points of controversy are: first, the purchasing power of celebrity industries; the income of celebrities industry is declining year by year; in 2005, it lost 1 thousand yuan, and net assets of 31 million yuan, but it had to pay 110 million 159 thousand and 800 yuan in cash; two, the legal issue of acquisition procedures, according to the relevant regulations, the pfer of state-owned assets should be carried out by public bidding. Qingdao double stars did not have public bidding, and their land assets appraisal process was also not pparent, and the relevant evaluation bodies did not have securities qualification.

Wang Hai acknowledges that celebrity industry does not have the strength to buy Qingdao's double star's footwear assets, but it can be solved through channels.

Qingdao state owned assets supervision and Administration Commission has thoroughly investigated the state owned property rights trading situation of the two star group, which is actually not exclusive to double stars and Wang Hai, but there are some reasons behind it.

After the outbreak of AUCMA's capital crisis, Qingdao believes that the loosening of Qingdao's regulation is one of the main reasons for AUCMA's crisis.

According to people familiar with the matter, in view of this lesson, Qingdao began to strictly supervise large enterprises. "Qingdao's state-controlled listed companies generally feel that auditing has become stricter this year".

Against this background, the controversy between Qingdao double stars and celebrities related to industrial pactions has become the fuse of the investigation of the two star group.