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Doublestar prepares to formally take control of Kumho

Author: Xuda Wang Comments: 0
Tyre manufacturer Qingdao Doublestar was still in the red in 2023 (Photo: Doublestar)

At the end of March, tyre manufacturer Qingdao Doublestar suspended trading on the stock exchange and announced that it was preparing to officially take control of Kumho and resolve competition in the industry. Doublestar said it will disclose further information before April 11.

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