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Is Suzhou Tahoe Jinzun Mansion mortgaged to Cinda Company?

Mortgage.

According to inquiries from the financial industry: Suzhou Tahoe Jinzun Mansion project was mortgaged to the Fujian Branch of China Cinda Asset Management Co., Ltd. in 2019. The Suzhou Tahoe Jinzun Mansion project is one of the important assets of Suzhou Herui Real Estate Development Co., Ltd. The assets of the project include principal and interest of debts totaling approximately 2.184 billion yuan, of which 1.267 billion yuan is principal, restructuring grace compensation, etc.

The Fujian Branch of China Cinda Asset Management Co., Ltd. is located on the 10th and 11th floors of Xinhe Plaza, No. 137 Wusi Road, Gulou District, Fuzhou City. It was established on August 31, 1999. It is a state-owned enterprise. The industry belongs to other financial industries.