Zhengzhou "Baojiaolou" zoom in! Convene a number of real estate enterprises to hold a meeting, and demand that the problem real estate be fully resumed before June 6/kloc-0.

In terms of "ensuring the delivery of the building", Zhengzhou has taken another step forward and is ready to "do it for 30 days".

On September 7, 2022, a notice on printing and distributing the implementation plan of Zhengzhou's special action of "working hard for 30 days to ensure the city's full resumption of work" (hereinafter referred to as the "Notice").

The "Notice" shows that the document was issued by the leading group for the construction of resettlement houses and the resolution of problem buildings in Zhengzhou. By implementing various measures such as "compacting the main responsibility of enterprises, the government making every effort to extricate itself from difficulties, doing a good job in bankruptcy and reorganization, and investigating serious responsibilities", all real estate projects with shutdown problems in Zhengzhou should be fully and continuously resumed before June 6 10.

A number of real estate enterprises confirmed the authenticity of the notice to the Times Weekly reporter and provided the original notice to the reporter. Not only that, the relevant person in charge of a number of real estate enterprises also told the Times Weekly reporter that Zhengzhou held another meeting the day after the announcement.

The meeting was held on the afternoon of September 8th. The name of the meeting was "Slimming Self-help Action of Real Estate Development Enterprises" (hereinafter referred to as "Meeting"). The main content of the meeting is to interpret the above notice, mobilize all housing enterprises, and require all real estate projects with shutdown problems in Zhengzhou to fully and substantially resume work within 30 days.

It is reported that Zhengzhou should take measures such as third-party audit, accounting enterprise funds, clarifying project assets and liabilities, and providing financing plans to revitalize and preserve capital assets for 72 projects that are currently suspended, so as to ensure that "the projects suspended in the first half of June 5438+00 will be fully and substantially resumed". For the unresolved 19 real estate certification projects, ensure that they are all resolved in early September.

A related person from a participating real estate company told Times Weekly that the participating real estate companies include Jianye, Sunac, Zhengshang, Cambridge and Greenland.

This "notice" and the meeting have consolidated Zhengzhou's determination to "guarantee the delivery of the building".

In response to Zhengzhou's move, Guan Rongxue, an analyst at Zhuge Housing Data Research Center, told Times Weekly that Zhengzhou was the first city to formulate a governance plan for the problem of "guaranteeing the delivery of houses", and the plan was clear and efficient. It can be seen that Zhengzhou's determination to promote the recovery of the property market, resolve the risks of housing enterprises and protect the consumer rights of buyers should not be underestimated. In addition, this move will greatly boost market confidence.

"For other cities under pressure, this move also has certain reference significance. At the same time, from the perspective of the scheme itself, the classification principle put forward by Zhengzhou City has attracted much attention from the market, which reflects the strong operability and enforceability of the scheme, indicating that Zhengzhou City has made full preparations for promoting the work of ensuring the delivery of houses. It is expected that with the success of this governance work, market confidence will be significantly improved, which will also have a positive impact on the sales side of Zhengzhou property market. " Guan Rong said.

Image source: the idea of a bug

Under the impetus of10 billion rescue fund, 5 billion special loans will be issued.

In order to solve the real estate problem, Zhengzhou has taken many measures. The reporter of Time Weekly noticed that the most important thing is that the government spared no effort, mainly involving various kinds of financial help, which is also one of the main points of this notice.

The above-mentioned "Notice" shows that all development zones, districts and counties (cities) should actively seek funds from commercial banks together with relevant units, and do a good job in supporting the financing of special loans, bail-out funds and the purchase of apartments as supporting financing for talent houses. Make good use of the "4 1" model, actively mobilize real estate projects or development enterprises with shutdown problems to sort out and provide more high-quality assets, and do a good job of connecting with rescue funds and M&A loan banks.

The above-mentioned "4 1" mode originated from the "project report meeting" held by relevant departments in Zhengzhou at the end of July, in which four modes were mentioned: "unified loan and unified repayment, government repurchase, project merger and acquisition, and bankruptcy reorganization", while the "Zhengzhou Real Estate Relief Fund Establishment and Operation Plan" promulgated in August mentioned "654.38+00 billion scale real estate relief fund". At that time, the bail-out fund became the most concerned solution for major housing enterprises. The first project of the fund was the office building project of Zhengzhou Beilonghu Financial Island.

Now, the bail-out fund has made new progress, and this situation is also reported. According to Zhengguan News, up to now, the Zhengzhou Rescue Fund Working Group has built a project library, and initially identified eight projects including Yongweixi County and Futian Jiuding Mansion as the first batch of intentional projects, with an estimated investment of 4.3 billion yuan. Ensure that the investment is not less than 5 billion yuan before the end of September, and all loans are in place before mid-October, so as to quickly ease the financial pressure on real estate enterprises and projects, ensure that the funds are really used for problem real estate projects, and promote substantive resumption of production.

According to the Central Plains. Com, on September 8, three supporting projects, namely Jinyi Jinshui Bay in Jinshui District, Lanting in Wei Yong in Guancheng District and Yongweixi County in Zhongyuan District, and another five projects entered the final negotiation stage. The provincial relief fund is still docking the target projects. The amount of funds involved in the three projects that landed exceeded 654.38 billion yuan. At present, the fund-related agreement has been signed, and the project will be fully resumed in the near future. Relevant funds will be paid according to the progress of the project and continue to help Zhengzhou Baojiao Building to protect people's livelihood.

"The situation of various projects in Zhengzhou is different. There is indeed a shortage of funds, and some disputes are complicated. It must be solved in different ways, so the review of the rescue fund is very strict. " A related person from an exhibiting real estate company told the Times Weekly reporter.

"Projects that can be revitalized through the bailout fund are all projects with short funds, and insolvent projects are not considered by the bailout fund. We have announced the project to solve the problem through the rescue fund. As far as I know, it should be our turn soon. " Another real estate developer told the Times Weekly reporter.

In addition to the bail-out fund, Time Weekly reporter learned that at the meeting, Zhengzhou will also issue the first batch of 5 billion yuan of special loans to guarantee the building. Zhengzhou's problem real estate and real estate groups are docking with the Ministry of Housing and Urban-Rural Development and the China Development Bank to ensure the timely issuance of special loans. At the same time, in order to strengthen the supervision of funds and ensure the smooth implementation of the project and the safe use of funds, all real estate enterprises using special loans need to mortgage their effective assets to the platform companies under their jurisdiction.

In addition, government departments should return the arrears to housing enterprises as soon as possible. According to Zhengguan News, Zhengzhou Finance Bureau should pay close attention to docking with Bank of Zhengzhou and Zhongyuan Bank, and make sure that the platform company will undertake a special loan of 5 billion yuan as soon as possible. All relevant counties (cities) should pay close attention to docking to ensure that the government arrears of 5.3 billion yuan confirmed by Jianye, Kangqiao and Zhengshangsuo will be paid in place before September 9.

Relevant persons of the above-mentioned participating enterprises confirmed the accuracy of the news to the reporter of Time Weekly. "Government arrears include tax refund and resettlement fees."

It is not worth checking tax evasion with real estate enterprises.

In addition to the funding problem, Zhengzhou has also made efforts in various aspects to actively promote the resumption of work in problem buildings.

The first is the enterprise itself. The "Notice" clarifies that it is necessary to compact the main responsibility of enterprises. Real estate enterprises in danger should earnestly assume the main responsibility of self-help, do everything possible to undertake or cooperate with the task of "guaranteeing the delivery of buildings", and raise funds through various channels through the disposal of undeveloped land, projects under construction and assets, and company equity. , speed up the progress of capital withdrawal, reduce leverage ratio, return misappropriated funds and return to the main business.

Secondly, it is the government. The "Notice" emphasizes that responsibility should be investigated seriously. Zhengzhou Development Zone, districts and counties (cities) should organize auditing, finance, housing and urban and rural construction and other relevant departments to conduct special audits on the use of the original pre-sale funds for overdue projects, and formulate disposal plans. It is worth mentioning that the tax authorities will check the tax evasion of real estate enterprises that do not cooperate with the resumption of work.

At the same time, Zhengzhou also proposed leadership subcontracting, with the chief officials at the bottom. The "Notice" shows that the main leaders of the party and government in various development zones, districts and counties (cities) should personally take the lead and subcontract 1-2 real estate projects with major shutdown problems; For other complex shutdown buildings, the main leaders of local party committees and governments should fulfill their responsibilities after the subcontracting leaders are clearly defined.

In a word, Zhengzhou will concentrate all its strength and effective resources to overcome difficulties and try its best to solve the outstanding contradictions and main problems in real estate projects with shutdown problems, in view of the reasons why real estate projects with shutdown problems cannot be delivered on time and the shutdown is not completed.

In response to Zhengzhou's actions, various housing companies also showed different views.

"It is better to have a way than no way, and we are actively cooperating with the work of Baojiao Building." An insider of a real estate company told the Times Weekly reporter.

In the view of Jaco, president of 58 Anjuke Real Estate Research Institute Branch, it is expected that the recovery effect of market confidence will be greater than before by rapidly promoting substantive resumption of work. However, due to the numerous projects involved and the complicated funding problems, it is expected that it will take some time for the overall solution, and the large-scale resumption of the problematic projects is expected to proceed quickly.