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The equity of eight companies under Qingdao Jiaozhou Bay Development Group was transferred free of charge

2024-08-07

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Qingdao Jiaozhou Bay Development Group Co., Ltd. issued an announcement on August 6. According to the "Approval of the Jiaozhou State-owned Assets Supervision and Administration Commission on the Establishment of Industrial Companies of Qingdao Shanghe Holding Development Group Co., Ltd." (Jiaozhou State-owned Assets Supervision and Administration Commission [2024] No. 22), in order to further optimize the layout of state-owned capital, strengthen the company's development strategy, and promote the industrialization, transformation and development of municipal enterprises, according to the requirements of the deployment of the action plan for deepening and improving the reform of state-owned enterprises and relevant regulations on state-owned assets management, it is planned to integrate the state-owned assets of Jiaozhou City.
The specific situation of the free transfer of assets is as follows: Qingdao Green Park Development Investment Co., Ltd. and Qingdao Jiaozhou Bay Industrial Investment Development Co., Ltd. will be transferred from Qingdao Jiaozhou Bay Development Group to Qingdao Guoda Leading Construction Park Operation Management Co., Ltd., Qingdao Duoyi Shangshi Catering Service Co., Ltd. will be transferred from Qingdao Jiaozhou Bay Development Group to Qingdao Guoda Hechuang Cultural Tourism Development Co., Ltd., Qingdao SCO Smart Park Operation Management Co., Ltd., Qingdao SCO Industrial Investment Co., Ltd., and Qingdao SCO Huachuang Real Estate Co., Ltd. will be transferred from Qingdao SCO Cornerstone Investment Development Group Co., Ltd. to Qingdao Guoda Leading Construction Park Operation Management Co., Ltd., and Qingdao SCO Zhishang Investment Co., Ltd. and Qingdao Jiaozhou Bay Core Real Estate Co., Ltd. will be transferred from Qingdao Jiaozhou Bay Hongke Real Estate Co., Ltd. to Qingdao Guoda Leading Construction Park Operation Management Co., Ltd.
Qingdao Jiaozhou Bay Development Group said that both parties involved in the transaction are subsidiaries controlled by its shareholder Qingdao Shanghe Holding Development Group Co., Ltd., which is actually controlled by Jiaozhou State-owned Assets Service Center. This free transfer will result in a reduction of 578.2999 million yuan in the consolidated net assets of Qingdao Jiaozhou Bay Development Group, accounting for 1.49% of the company's consolidated net assets at the end of 2023.
According to information, Qingdao Green Garden Development Investment Co., Ltd. was established on September 13, 2018. The legal representative is Zhang Hui. The registered capital is 200 million yuan. Qingdao Jiaozhou Bay Development Group holds 100% of the shares.
Qingdao Jiaozhou Bay Industrial Investment Development Co., Ltd. was established on July 21, 2021. The legal representative is Liu Zhenqing. The registered capital is 500 million yuan. Qingdao Jiaozhou Bay Development Group holds 100% of the shares.
Qingdao Duoyi Shangshi Catering Service Co., Ltd. was established on July 15, 2019. The legal representative is Zhang Yueshan. The registered capital is 25 million yuan. Qingdao Jiaozhou Bay Development Group holds a 51% stake and Qingdao Shanghe Culture and Tourism Industry Co., Ltd. holds a 49% stake.
SCO Smart Park Operation Management Co., Ltd. was established on March 30, 2021. The legal representative is Zhu Bingqiang. The registered capital is 100 million yuan. Qingdao SCO Cornerstone Investment Development Group Co., Ltd. holds 100% of the shares.
Qingdao SCO Industrial Investment Co., Ltd. was established on January 5, 2021. The legal representative is Liu Zhenqing. The registered capital is 30 million yuan. Qingdao SCO Cornerstone Investment Development Group Co., Ltd. holds 100% of the shares.
Qingdao SCO Huachuang Real Estate Co., Ltd. was established on March 30, 2021. The legal representative is Zhang Hui. The registered capital is 100 million yuan. Qingdao SCO Cornerstone Investment Development Group Co., Ltd. holds 100% of the shares.
Qingdao Shanghe Zhishang Investment Co., Ltd. was established on June 19, 2020. The legal representative is Zhu Bingqiang. The registered capital is 300 million yuan. Qingdao Jiaozhou Bay Hongke Real Estate Co., Ltd. holds 100% of the shares.
Qingdao Jiaozhou Bay Ke Rui Real Estate Co., Ltd. was established on September 6, 2017. The legal representative is Zhu Bingqiang. The registered capital is 100 million yuan. Qingdao Jiaozhou Bay Hongke Real Estate Co., Ltd. holds 100% of the shares.
It is reported that Qingdao SCO Cornerstone Investment Development Group Co., Ltd. and Qingdao Jiaozhou Bay Hongke Real Estate Co., Ltd. are subsidiaries within the scope of the Qingdao Jiaozhou Bay Development Group's merger.
(Economic Herald reporter Duan Haitao)
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