Shares of Shanghai Double Coin Sales company in auction
Tianjin Nankai Court released an announcement on March 8.
The announcement said Shanghai Double Coin Sales Company's share held by Mu Ruisheng would be at auction on April 8.
The auction would be started from 3 million yuan.
Shanghai Double Coin Sales Company was founded in 2006, with 61 million yuan of investment from Double Coin Tire Group, which held 35.06% of shares in it.
Mu Ruisheng invested 3 million and took 1.724% of shares in it, which has been frozen by the court.
Mu Ruisheng, legal person of Tianjin Yuxiang Tire Sales Company, Tianjin Yuxiang International Trade Company and Tianjin Yinxiang Tire Sales Company. And now, Mu has been listed in dishonest executor because of Tianjin Yuxiang Tire Sales Company.
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