Shanghai Shuangqian Co., Ltd. and other Shanghai companies recently transferred 30% of the equity of Shanghai Michelin Warrior Tire Co., Ltd., which was listed at a transfer price of 150 million yuan. No surprise, Michelin will A 30% equity interest in the company is expected to achieve a wholly-owned shareholding in Shanghai Michelin Warrior Tire Co., Ltd. According to the announcement of the Shanghai United Assets and Equity Exchange, the shareholder structure of Shanghai Michelin Warrior Tire Co., Ltd. is: Shuangqin Group Co., Ltd. holds 28.49%; Shanghai Minhang United Development Co., Ltd. holds 1.5%; Shanghai Tire & Rubber (Group) Co., Ltd. The company holds 0.01% of shares, Michelin (China) Investment Co., Ltd. holds 25.78%, Michelin Finance Co., Ltd. holds 44.15%, and Lido Co., Ltd. holds 0.07%. The transfer of the above three equity holders held by the above three equity, the proportion of equity is 30%. It is worth noting that the transferee should be a legally established corporate entity, and that the transferee itself or its parent company must be a Fortune 500 company that is mainly engaged in the tire business. The “World Top 500†means 2009. The list of Fortune 500 companies announced on July 8th. At the same time, the non-transferring shareholder of the target company does not give up the preemptive right. The reporter reviewed the latest Fortune Global 500 companies published by Fortune magazine. Only qualified Bridgestone companies in Japan and Michelin companies in France had agreed in the contract that they would not have express written consent from all shareholders, sponsors and other shareholders. None of the company's shares may be transferred to any of the company's competitors," Bridgestone could not obtain equity because of its competitors. At the same time, the original shareholders do not give up the right of first refusal, which means that Michelin will take a 30% stake, thereby realizing its wholly-owned shareholding in Shanghai Michelin Warrior Tire Co., Ltd. The Shanghai Michelin Warrior Tire Co., Ltd. mainly produces "Railee" tires. Compared with "Michelin" tires, the positioning is lower and the price is relatively cheaper. "Return" card can be said to be a national brand. Zhengtai Rubber Factory produced the first “Return†brand tires as early as in the 1940s. In June 1982, the trial production of the first batch of passenger car radial tires in Shanghai Zhengtai Rubber Factory was successful. In 1989, the plant invested more than 53 million U.S. dollars to build a production base for meridian passenger car tires in Minhang District. In April 2001, Michelin Group and Shanghai Tire & Rubber Co., the parent company of Shanghai Zhengtai Rubber Factory, jointly formed Shanghai Michelin Warrior Tire Co., Ltd., and the joint venture company hopes to use the Michelin super technology and management philosophy to expand the “Response†brand. However, the cooperation between the two parties is not smooth. In 2007 and 2008, the joint venture company lost a total of 80.65 million yuan and 95.25 million yuan respectively. Aluminum For Mechanical Equipment Aluminum For Mechanical Equipment,Aluminum Fabrication Equipment,Aluminum Alloy Wuqiang Xingdou International Trade Co., Ltd , https://www.wqxingdou.com