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It is reported that the highest-rise building in Xiamen is listed for auction and the transferee needs a central enterprise or the top ten in the industry.
Sep 9,2020 10:29CST
translation
Source:Viewpoint real estate network
The content below was translated by Tencent automatically for reference.

SMM: recently, market news said that the Xiamen International Center (the tallest building in Xiamen) and its auxiliary tower, Xiamen Baojia Center, were put up for auction.

The source pointed out that on August 24 this year, an announcement on the auction of the above assets came out-- "announcement on the postponement of the public recruitment of intended bidders for assets under the names of Xiamen Yuansheng Real Estate Co., Ltd. And Xiamen Yongrong Real Estate Co., Ltd." Among them, Xiamen International Center (the tallest building in Xiamen) is the asset of Xiamen Yuansheng Real Estate Co., Ltd., and Xiamen Baojia Center is the asset of Xiamen Yongrong Real Estate Co., Ltd.

New media learned that Xiamen International Center (the tallest building in Xiamen) is located at No. 501 Lujiang Road, Siming District, Xiamen City, Fujian Province (next to the new office building of Xiamen Customs), with a land area of 15000 square meters, and the nature of the construction project is commercial and office.

Among them, the project is planned to have 68 floors above ground, with a total building height of about 339.88 meters, an above-ground construction area of 115100 square meters, an underground construction area of 48200 square meters, and a total construction area of 163300 square meters. At present, the project has been capped and the glass curtain wall has been basically completed. At the same time, the assets auctioned by Xiamen Yuansheng Real Estate Co., Ltd. also include office electronic equipment, vehicles and so on.

According to industrial and commercial information, Xiamen Yuansheng Real Estate Co., Ltd. was established on March 11, 2011. the registered registration is 1.5 billion yuan, and the legal representative is Wu Quanshui. the scope of business is real estate development and operation, housing engineering design, house demolition, interior decoration, property management and so on.

The major shareholder of the above-mentioned company is Shenzhen Xingyuan City Energy Development Co., Ltd., an indirect wholly-owned subsidiary of Hong Kong company TINFAR INTERNATIONAL LTD, with a shareholding ratio of 65.93%. The remaining shares are held by Shenzhen Xingyuan Lisheng Water Environmental Technology Co., Ltd., which actually controls natural persons Jiang Ronghui and Song Fuwen.

Xiamen Baojia Center covers an area of 13000 square meters, the nature of the construction project is commercial and hotel, with 30 floors above ground, 63000 square meters above ground, 48900 square meters underground, with a total construction area of 108900 square meters. At present, in addition to the foundation pit support project (construction in 2013, has exceeded the design service life), the project has not yet been constructed.

Xiamen Yongrong Real Estate Co., Ltd. was established on April 6, 2011. the registered capital is 561 million yuan, the legal representative is Sheng Mingzhu, and its business scope is real estate development and operation, property management; it is wholly owned by Fuzhou Fuxinda Trading Co., Ltd., a joint venture company of Shenzhen Borui carbon Technology Co., Ltd. (99%) and Shenzhen Xingyuan Lisheng Water Environmental Technology Co., Ltd. (1%).

This auction also has relatively stringent requirements on the conditions to participate in the bidding. Enterprises that meet one of the following conditions and have sufficient financial strength and controllable funds of more than 5 billion yuan can participate in the application: first, real estate development enterprises with first-class qualification or the top 500 real estate development enterprises in China; Second, Fortune magazine selected and announced the world's top 500 enterprises, or China Enterprise Federation and China Entrepreneur Association announced China's top 500 enterprises, or China's top 500 service enterprises;

Third, the central enterprises managed by the SASAC of the State Council; fourth, the leading enterprises in the domestic industry (the revenue last year is not less than 10 billion yuan) or the top 10 enterprises in the domestic industry.

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