The Past, Present and Future of New Luosiwan International Trade City

At 0: 00 on June 5438+February 1 2009, the wholesale market of Luosiwan moved away from the old Luosiwan, and the new Luosiwan International Trade City officially set sail.

From 20 14 to 20 17, zhonghao group was in business crisis, the capital chain was broken, villagers could not go home, citizens could not get houses, and the enterprise was unsustainable. Maintaining stability has become a major problem, leading to serious systemic financial risks.

Basic information of Zhonghao Group before the reorganization: total liabilities were 33.8 billion, of which: principal of financial institutions was 654.38+0.76 billion, interest owed was 2.4 billion, principal and interest of entrusted loans were 5.2 billion, project cost was 265.438+0 billion, handling fee was 620 million, advance payment for rent and house purchase was 5.2 billion, food city was 654.38+0 billion, and other payments were 9.2 billion yuan.

(A) social stability

The relocated house in Tami village cannot be delivered. About 1625 households with 4,500 people have moved for nine years, and they have been wandering outside for a long time, and there have been nearly 100 large-scale rights protection cases; Youhuo City has 3,303 households 1.2 million owners who have not returned home for 3 years.

Most merchants in the international trade city have no intention to operate. Once they close down, the investment of hundreds of thousands of merchants will be completely gone, forming a big group event.

(B) systemic financial risks

By the end of 20 17, 12 and 3 1 year, Zhonghao Group owed financial institutions 176 billion yuan in principal, 2.8 billion yuan in interest and 3.5 billion yuan in bank loan principal and interest, totaling 23.9 billion yuan.

All the market properties have been mortgaged, and some properties have entered the judicial auction procedure, and some have entered the asset management company to prepare for the auction, which also involves litigation cases. In the meantime, Li Jinsong fraud and other criminal cases occurred, involving 654.38+83 million yuan. A number of financial institutions are involved in financial risks, and the 35.6% equity of Zhonghao Real Estate that was seized cannot be unsealed in time, and the debt risk of Zhonghao Group cannot be solved, which will pose extremely serious systemic financial risks to the financial market in Yunnan Province.

(three) long-term arrears of taxes and fees

By the end of 20 17, Zhonghao Group had accumulated about 500 million yuan in unpaid taxes and spent about 620 million yuan.

Litigation dispute

1. Among the problems left by the original Zhonghao, litigation disputes have always been the main problem that hinders the normal development of the reorganization work due to the large number of cases, long time span and diverse cases. The total number of cases reached 2,395, involving 4.35 billion yuan, which triggered a large number of social disputes and intensified social contradictions.

2. Creditors and financial institutions sealed up 6.5438+0.8 million square meters of shops in the first and second phases of the snail bay and Chinese herbal medicine market, of which more than 700,000 square meters have entered the auction procedure, which poses great risks to the overall and sustainable operation of the market. If it is not properly solved in time, it will directly lead to the displacement of thousands of merchants and tens of thousands of employees.

(5) The market operation environment is bad, the supporting facilities are stopped, and the confidence of merchants is lost.

Because of poor management, disorder and bad market environment, the merchants lost confidence. A large number of fire-fighting facilities can not be used, and there are major fire hazards; Most of the more than 300 toilets have no electricity or water, and the operating environment is extremely bad. The business of the second and fourth phases is particularly bleak, with a vacancy rate as high as 50%. Supporting facilities in the region are seriously lagging behind, public facilities are basically shut down, especially educational resources are extremely scarce.

The business crisis of Zhonghao Group and the break of the capital chain have caused a series of problems such as people's livelihood, social stability, financial risks, litigation risks and the lack of supporting facilities. Since 20 15, many enterprises outside the province have failed to reorganize, and the problems left over from Sino-Hao history need to be solved urgently.

Junfa acquired Zhonghao Luosi Bay for 45.2 billion yuan in 20 1 17 10. By September 30, 2020, it had invested its own funds of146 billion yuan, accepted the principal and interest of bank loans of 20.4 billion yuan and entrusted loans of 3.2 billion yuan.

In the past three years, Junfa has made great efforts to effectively solve the problems of people's livelihood, social stability, financial risks, litigation risks, poor business environment and lack of supporting facilities in the region, and achieved initial results.

(A) to solve the problem of people's livelihood stability

Youhuo City officially delivered the house in June 20 18, and 3,303 households120,000 owners officially went home; The relocated houses in Tami Village were officially delivered in February 20 19, and about 1625 relocated households ended their nine-year wandering.

In the early stage, accumulated arrears of 2 1 100 million yuan were paid to nearly 400 construction units.

(B) How to resolve systemic financial risks

After the restructuring, Junfa reached a consensus and signed relevant agreements with 265,438+0 financial institutions such as Minsheng Bank, Cinda Assets and Industrial and Commercial Bank of China on debt restructuring. By September 2020, the accumulated loan principal will be 5.9 billion yuan, the unpaid interest will be 2.4 billion yuan, and the normal interest will be 2.5 billion yuan, totaling 654.38+008 billion yuan.

As of June 365438+1October 3 1 in 2020, there is still a loan balance of 138 billion yuan, and the principal and interest to be repaid in 5438+0 in 2026 is 765438 billion yuan, 4.4 billion yuan in 2022 and 2.3 billion yuan in 2023.

(three) to solve the problem of long-term arrears of taxes and fees

Since the reorganization, there has been no new tax arrears. By September 2020, the tax arrears of 500 million yuan have been paid in full.

The original fee owed is 620 million yuan, and 4180,000 yuan has been paid in strict accordance with the requirements of the municipal government reorganization meeting.

(4) Handling litigation disputes

Junfa Group has been committed to solving the litigation disputes left by the former Zhonghao since the establishment of Junao Company and the reorganization of Zhonghao Group on 20 17. As of 2020 10, there were 2,395 litigation disputes caused by the former Zhonghao, involving an amount of about 4.35 billion yuan. Junfa Group has actively and properly solved the case of 178 1, and the amount involved has been closed at RMB 41820,000. The case of 6 14 is being continuously coordinated.

(five) to solve the problem of poor market operating environment and lagging supporting facilities.

After the reorganization, Junfa invested 654.38+0.26 billion yuan to upgrade the facilities as a whole, and the market environment and facilities in the region were greatly improved. Among them, 25 million yuan was invested to complete the upgrading of fire-fighting facilities and toilets in the first phase of the market; Invest 40 million yuan to transform the fourth floor of area A-D in the first phase market; The investment in atrium renovation is 6 1 10,000 yuan, and the investment in the first phase of market facade and square renovation is 80 million yuan.

After the reorganization of Junfa, the school construction resumed rapidly, and nearly 200 million yuan was invested in the construction and delivery to Beijing No.80 Middle School. At the same time, it invested 350 million yuan to speed up the construction and delivery of primary schools attached to teachers' colleges. In the future, 2 primary schools, 4 kindergartens and 1 3A hospitals will be built.

Since the reorganization of Zhonghao in June 20 1 17, Junfa has invested a lot of financial, material and human resources. Through hard work, the problems of people's livelihood, stability, finance, litigation, business environment and supporting facilities in Luosi Bay have been solved, showing a brand-new scene.

Junfa is confident, determined and capable of building Xinluowan International Trade City into a world-class urban complex project integrating modern wholesale, new retail and shopping parks, relying on digital+Internet trading platform and supporting urban life. At the same time, a historical and cultural exhibition area of Yunnan merchants, Yunnan-Vietnam railway and ancient tea-horse road will be built.

(a) the national market procurement trade pilot, to help domestic products go abroad.

Yunnan is located in the core area facing the radiation center of South Asia and Southeast Asia, and has become the "capital" of ASEAN. As the strategic core, Yunnan will surely become the focus of South Asia, Southeast Asia and even the world, linking the import and export exchanges between ASEAN and China.

The data shows that the merchants in Yunnan Junfa New Luosiwan International Trade City have already had trade with many countries in South Asia and Southeast Asia. In order to further accelerate the expansion of its foreign sales, Junfa will vigorously develop a digital online trading platform to help businesses develop trade with these countries more conveniently and quickly.

On September 15, 2020, seven ministries and commissions jointly issued the Letter of the Development and Reform Commission of the Ministry of Commerce, the Ministry of Finance, the General Administration of Customs, the State Administration of Taxation and the Foreign Exchange Bureau of the General Administration of Market Supervision on Accelerating the Pilot Work of Market Procurement Trade Mode [Trade Letter (2020) No.425], officially approving Kunming Junfa New Luosiwan International Trade City as the fifth batch of market procurement trade mode pilot projects in China. 17 10/29, Kunming junfa new luosiwan international trade city completed the preliminary examination of the "first order", which was the "first vote" of the fifth batch of 17 pilot cities in China. Kunming opens a new model of export facilitation.

The "first order" of the Kunming market procurement trade pilot was successful, and the key areas and key links of international trade were tried first. As an important carrier of new foreign trade formats and new models, Xinluosiwan International Trade City relies on the pilot of market procurement trade, takes merchants abroad, and takes advantage of the east wind of the free trade zone to help cloud goods and domestic products go global.

(2) The compound business model of "Internet plus commerce and trade" helps Yunpin go out of Yunnan.

As a national strategic hub city, Yunnan has three business cards of "green food, green energy and healthy living destination". At present, the third-phase medicinal materials market of Xinluosiwan has become the largest medicinal materials market in Yunnan, with rich precious medicinal materials and local products all over Yunnan.

With the support of the policy of "cloud products go out of Yunnan", Junfa plans to gradually adjust the existing traditional wholesale market into a modern commercial complex to adapt to the future market direction with the new retail model as the core, and build a brand-new composite business model of "Internet plus commercial trade" to help farmers or merchants promote the products of various merchants to the Internet platform, realize the double growth of merchants' transaction volume, and let merchants enjoy the market dividend brought by the rapid development of Internet trade. It will also establish an Internet transaction settlement platform, build a cross-border e-commerce industry incubation system, cross-border O2O bonded display and self-promotion mode, cross-border e-commerce O2O new retail and other services, and promote cloud products to go out of Yunnan, the whole country and the world.

(3) Leading the investment of 654.38+0 billion to set up the Junfa New Luosiwan Double Innovation Fund to help entrepreneurial innovation.

In order to support building a well-off society in an all-round way, winning the battle against poverty, and supporting "mass entrepreneurship and innovation", Junfa Group has thoroughly implemented the strategic plan for the construction of the Pilot Free Trade Zone under the guidance of Socialism with Chinese characteristics Thought in the new era. With institutional innovation as the core and replicability and popularization as the basic requirements, we will boldly try, boldly start a business and independently reform, create a market-oriented and rule-based world-class business environment, and strive to create emerging service industries and cutting-edge consumer industry clusters and accelerate their formation.

Junfa Group will unite with financial institutions to lead the investment of 654.38+0 billion yuan to set up Junfa New Luosiwan Double Creation Fund. It is planned to invest in incubating a large number of intelligent trading related enterprises such as modern service industry and supply chain upgrade within five years to help Silla Bay build an intelligent trading ecosystem. Focus on the layout of modern service industry and supply chain upgrading, intelligent trading, Internet of Things and other related industries venture capital and equity investment.

In addition to funds, it has also made efforts in various aspects such as joint-stock cooperation and * * * business incubators. Entrepreneurs in business intelligence transactions are expected to receive initial financial support, as well as entrepreneurial support services such as product design and R&D guidance, strategy formulation and operation guidance, and technology platform provided by Junfa Group.

Through the establishment of funds, we will strive to reduce the cost of entrepreneurship and enterprise development, optimize the policy and financial service environment for innovative entrepreneurs, provide a development platform, and fully promote scientific and technological innovation and promote the development of the real economy.

(4) Invest 800 million yuan to build a mega-city complex and shape a city business card.

Junfa will open a new business cluster of10.6 million yuan, build a people's park and a commercial street with amorous feelings belonging to the citizens of Spring City, and invest 800 million yuan in the upgrading and reconstruction plan to make Luosi Bay a shining business card in the southwest of China.

Through the overall transformation of the region, it has filled the gaps in shopping, entertainment, hotels and business functions before Silla Bay, realized the historical reappearance of Yunnan-Vietnam railway, Yunnan merchants and ancient tea-horse roads, and made Silla Bay a world-class urban complex integrating eating, drinking, entertainment and high-end hotels.

The future of Junfa New Luosiwan International Trade City will be based on Yunnan's national strategic advantages, highlighting the unique trade strength of the project to Yunnan, the region and the country, and establishing an absolute market position facing the international community. Junfa will make the new snail bay a "new snail bay in the world".