The leading national tire company, Qingdao Shuangxing , which was suspended from February 13, 2014, has consolidated its main business, and its transformation and upgrading are accelerating. The company's shares will resume trading on March 3rd. The company’s disclosure plan announced on the evening of February 28 shows that it plans to issue no more than 225 million shares at no less than 4.02 yuan per share to not more than 10 investors, including the controlling shareholder Double Star Group, with a total raised capital of not more than 225 million shares. 900 million yuan, of which the Double Star Group promised to purchase 30% to 50% of the total number of shares issued this time. With regard to the use of raised funds, 720 million of them were used for the construction of the dual-star environmental protection relocation transformation and upgrading of green tires intelligent demonstration base - high-performance meridian card passenger car tire project (Phase I), and the remaining 180 million was used to supplement liquidity. The company said that the construction period of the green tire project will be 21 months. The first year of production will reach 80% of the designed production capacity, and the production will be completed in the second year. After it is expected to reach full production capacity, it can achieve an annual production capacity of 2 million sets of high-performance green meridian passenger car tires, which can achieve a sales income of 2.94 billion yuan in normal years. The data shows that in 2012 the company’s operating income was 4.02 billion. The company said that this fundraising project is conducive to promoting the company's industrial restructuring and transformation and upgrading, improve the company's core competitiveness, industry status and profitability, and help improve the company's financial structure. These brush machines integrate the functions of drilling holes and tufting fibers together. On the basis of international cutting edge brush making technology and our own patented inventions, Haixing brush machines have been well recognized in China and abroad. Modular designs are adopted, and all the key components are of famous brands, or imported products. PLC touch screen control, easy and quick brush programming, standardized components, optional brush platforms, enable a stable and easy operation, and a convenient maintenance. Every machine is dedicatedly manufactured to satisfy customers' high requirements of quality standard. And dust suction unit is included to remove dust and waste material and keep the machine clean. Brush Drilling And Tufting Machine Brush Drilling And Tufting Machine, Plastic Broom Making Machine, Brush Drilling Machine, Paint Brush Making Machine, Strip Brush Making Machine, Plastic Brush Making Machine, Cnc Brush Machine, Brush Equipment Yangzhou Haixing CNC Brush Machine Co., Ltd. , http://www.brushmachine.com