2 stories mentioning SHE:000599Updated 1d ago
Every FINWIRES story that references SHE:000599, newest first.
Qingdao Doublestar (SHE:000599) listed the 173.9 million shares offered via private placement on the Shenzhen Stock Exchange, according to a Wednesday bourse filing.The tire manufacturer raised nearly 800 million yuan from the sale of shares to 35 investors at 4.60 yuan apiece.
Qingdao Doublestar (SHE:000599) signed a tripartite supervision agreement with Industrial and Commercial Bank of China and China International Capital to manage 792.6 million yuan in its special account.The company raised net proceeds of 791.2 million yuan to supplement working capital, repay debt and pay cash consideration for a restructuring, according to a weekend filing with the Shenzhen bourse.Shares of the electric power grid control equipment producer closed 2% lower Monday.
