January 17, 2017 12:50 AM ET

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Company Overview of Qingdao Doublestar Co.,Ltd

Company Overview

Qingdao Doublestar Co., Ltd. manufactures and sells tires in the People’s Republic of China and internationally. The company provides casting machinery, rubber and plastic machinery, and metal forming machinery, as well as embroidery products and sports shoes, and others. The company is based in Qingdao, the People’s Republic of China.

Haifu Building

3rd Floor

No.45 Qutangxia Road

Qingdao,  266002

China

6,331 Employees

Phone:

86 532 8265 7986

Fax:

86 532 8265 7986

Key Executives for Qingdao Doublestar Co.,Ltd

Qingdao Doublestar Co.,Ltd does not have any Key Executives recorded.

Qingdao Doublestar Co.,Ltd Key Developments

Creditors Put Off Selection Of Winning Bidder For Kumho Tire

Creditors of Kumho Tire Co., Inc. (KOSE:A073240) have agreed to postpone the announcement of the preferential bidder for the second-largest tire maker in South Korea until next week, an official said on January 13, 2017. Three Chinese firms joined the bid, which closed on January 12, 2017, to acquire a controlling stake in Kumho. They are Qingdao Doublestar Co.,Ltd (SZSE:000599), Shanghai Aerospace Industry (Group) Co., Ltd. and Jiangsu GPRO Group Co., Ltd. The Korea Development Bank (KDB) and eight other creditors were initially expected to pick the winning bidder on January 13, 2017. "The selection has been delayed until early next week at the request of Credit Suisse," which is running the auction process, a KDB official said.

Qingdao Doublestar In Talks To Acquire Kumho Tire

Qingdao Doublestar Co.,Ltd (SZSE:000599 ) is reportedly seeking to acquire Kumho Tire Co., Inc. (KOSE:A073240) before establishment of M&A fund, seeking for M&A opportunities in overseas market.

Qingdao Doublestar Co.,Ltd, Special/Extraordinary Shareholders Meeting, Dec 13, 2016

Qingdao Doublestar Co.,Ltd, Special/Extraordinary Shareholders Meeting, Dec 13, 2016, at 09:30 China Standard Time. Agenda: To consider the connected transaction regarding participation in setup of industrial merger and acquisition funds; to obsolete some fixed assets; and to elect supervisors.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 23, 2016
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