net profit-$ 460

Due to factors such as foreign aid salary levels soared, Qingdao doublestar tire basketball team sponsored by the double star price rises, sponsorship fee from $ 8 million in the previous year had risen to $ 22 million. Qingdao double star announced today, to increase publicity doublestar tire, enhance the market awareness of doublestar tire, the subsidiary of Qingdao doublestar tire sales company and QingdaoDouble star basketball club on November 15 in Qingdao signed a sponsorship agreement, the annual fee is $ 22 million for a period of November 20, 2011. Main capital stocks (eleven-twenty fifths) unit fled to cut meat must regret having sudden boom is not likely in a move investors Gospel: hold stocks under the! Data show that the double star group owns 20.31% shares Qingdao doublestar, its largest shareholder, the double star Group also owns 95.5% shares of double star basketball club. Qingdao double star and binary basketball clubs belong to one controlling shareholder, belonging to the Association. Qingdao doublestar stressed that the company and related-party transactions fair, on a without prejudiceThe interests of the company, the deal on the company's management had some positive impact. Announcement, the previous year, doublestar tire basketball team named fee is $ 8 million. This year's title sponsor fee of $ 22 million, show a large increase over the year before mainly due to: 2011 China Basketball Association League ~2012 seasons an unlimited foreign aid paid, foreign aid sharply salary levels than last seasonRose; employed high level foreign teachers; introduction of excellent athlete; prices and other factors. But business conditions of double star basketball club, whose annual revenues are no more than $ 20 million in recent years. At the end of October 2011, double star basketball club revenues $ 8.22 million, net profit-$ 1.3 million, total assets of $ 21.96 million,Owners ' equity of $ 17.65 million.����In 2009, double star basketball club revenues $ 16.89 million swtor power leveling, net profit-$ 380,000; 2010, double star basketball club revenues $ 10.53 million, net profit-$ 460,000. Agreement between the parties, sponsor within the time limit, Qingdao double star basketball club named as Qingdao double star basketball club doubleStar tyre basketball team; sponsored stars during all basketball clubs participate in the League and other competitions at home and abroad are "doublestar tire basketball team" entry in the name of; teams since the date of naming star wars the old republic, the jerseys back advertising changed its name to "doublestar tire"; in the China Basketball Association and the League allowed cases, double star basketball club in the teams training ground, venue displaying doublestar tire site advertisingBrand. Announcement, with the CBA improvement of quality and competitiveness of the Chinese Basketball League and expanded visibility and influence at home and abroad, companies using double star basketball club in the CBA market development and promotion platform provided, effective advocacy, is an input of high cost performance.