Capital Group Qingdao [machine]

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Capital Qingdao, Controlled by Li Wei, Profits from Reselling Its Stake in Taishan Real Estate

2004.07.29 ·Reported ·Importance IV ·Sources 3 ·Qingdao, Shandong

On July 29, 2004, Qingdao Golden Coast Hotel acquired the 75% equity stake in Taishan Real Estate held by Capital Qingdao for 325 million yuan, and Li Wei netted more than 200 million yuan.

Taishan Oil Sells 75% Stake in Taishan Real Estate to Capital (Qingdao)

2004.06.14 ·Reported ·Importance IV ·Sources 3 ·Qingdao, Shandong

On June 14, 2004, Taishan Oil transferred the 75% stake it held in Taishan Real Estate to Capital Investment (Qingdao) for 123 million yuan, and the remaining 25% stake was transferred to NC International free of charge.

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