The transfer of 650 million assets of Dali Haidong Jiuxi International was terminated, and the Development Group said: Strive to resume work within this year.

10 On June 5438+08, the overall asset transfer (secondary listing) registration of Dali Haidong Jiuxi International Construction Project was terminated. According to the information released by Yunnan Property Rights Exchange:

The transferor wrote a letter on 202 1,1,1. Due to the current national policy on the real estate market and the impact of the COVID-19 epidemic, some investors lack confidence in the current market. On September 23, 20021year, Dali Haidong Development and Investment Group Co., Ltd. decided to stop the public listing and transfer of the overall assets of Dali Haidong Jiuxi International Construction Project, instead, to increase investment attraction, actively explore various cooperation modes, and strive to resume work within the year, and hereby applied to terminate the public listing and transfer of the overall assets of Dali Haidong Jiuxi International Construction Project.

Jiuxi International is located east of Lanchuan Road and west of Jiuxi Road in Haidong District of Dali. It is an urban commercial complex integrating trade and exhibition, commercial services, boutique hotels, leisure and entertainment, and living facilities. The project originally planned to build 7 high-rise commercial exhibition buildings and podium buildings with an area of 83,569.39 m? After the change of control regulations, the approved total construction area is 279,208.23 square meters. The main technical indicators of the project are building density less than or equal to 40%, plot ratio less than or equal to 3.5, and green space ratio greater than or equal to 20%.

0 1

Transfer of project assets

On July 26th, Yunnan Property Rights Exchange issued the Announcement on Overall Asset Transfer of Dali Haidong Jiuxi International Construction Project. The transferor of the target is Dali Haidong Development and Investment Group Co., Ltd., with a reserve price of 650 million yuan. The price of this property right transaction can be paid in installments. The down payment shall not be less than 30% of the total price, and the transferee of the remaining 70% of the transaction price shall provide legal and effective guarantee recognized by Haikai Group, and pay the deferred payment interest according to the LPR interest rate of the bank loan for the same period, and the payment period shall not exceed 1 year.

On August 25th, Jiuxi International maintained the reserve price of 650 million yuan and transferred it again. Finally, like the transfer, the listing was terminated because no investors took over.

02

Creditor's rights and debts of the project

The Confirmation of Creditor's Rights and Debts of Dali Haidong Jiuxi International Construction Project shows that the transferee will continue to perform some preliminary service series contracts signed by the project, in which the service content has been completed and the payment has not been completed; The unfinished service content in the contract or the signed but not yet executed contract may be terminated or continued by the transferee.

According to the relevant annexes of the announcement, the statistics of payable and unpaid contracts signed by Jiuxi International Project involves 654.38+09 contracts, with a total contract amount of about 49.2903 million yuan and a total payable and unpaid amount of about 654.38+065.438+08.5470 million yuan. The Statistics of Unexecuted Contracts of Jiuxi International Project involves 8 contracts, and the total unexecuted amount is about 58 1.53 million yuan.

Earlier public information showed that Dali Haidong Jiuxi International Construction Project started in June 20 1 17, with a total investment of about1800 million yuan. Combined with the debt situation and the rising price of building materials, it may require more investment to complete the project construction as planned.

Dali Haidong Development and Investment Group Co., Ltd. is wholly owned by Dali Haidong Development Management Committee. It is a "state-owned" development enterprise with many investment projects. According to official data, by the end of 2020, the company's total assets were 654.38+04.8 billion yuan, net assets were 7.7 billion yuan, and its financial situation was healthy. The "failure" of this asset transfer has little impact on the company.

At present, projects in Haidong area of Dali have been handed over one after another, but due to the lack of supporting facilities, the occupancy rate is low and resources are seriously wasted. Building a commercial complex can effectively solve the problem of residents' convenience and improve the living environment and residents' satisfaction in this area. Dali Haikai Group finally gave up the transfer and left Jiuxi International Project in its hands. Do you think the project can find a partner and resume work within this year?