Is "the largest private business service company in China" in a desperate situation?

On the morning of February 6, 65438, Beijing was chilly in spring, and three connected commercial buildings, Tianxi Square, stood in the cold winter in the courtyard of Tianzhu Street in Shunyi.

Just a week ago, Tianxi Plaza was forcibly auctioned to Beijing Dijing Real Estate Co., Ltd. in Beijing No.3 Intermediate People's Court. The original developer Beijing Kyushu Longhua Investment Management Co., Ltd. (hereinafter referred to as "Kyushu Longhua") is the major shareholder, and Baolan Property Service Co., Ltd. (hereinafter referred to as "Baolan Shares") was once a legendary company. At one time, it managed nearly one million square meters of commercial properties and served 2,000 enterprises of various types, and was praised by investors as "the largest private commercial service company in China". Tianxi Square is also one of the core assets of Baolan, but it has changed hands now.

As a matter of fact, after the failure of two impact listings in 2008 and 20 12, Baolan shares fell into a dilemma, and creditors forced debts one after another. Their company's bank accounts and assets are frozen, and their assets are waiting to be seized. The auction of Tianzhu Square has made the situation of Baolan shares more and more difficult.

Core assets are auctioned

According to the industrial and commercial data, Kyushu Longhua has two shareholders, with Beijing teng letter Technology Incubator Co., Ltd. (hereinafter referred to as "teng letter Technology") holding 70% and Beijing Sitaihua Trading Company (hereinafter referred to as "Sitaihua Trading") holding 30%. The former was actually controlled by Fan, then chairman of Baolan Co., Ltd., and the latter was a wholly-owned subsidiary of Beijing Shunyi District Supply and Marketing Cooperative Association.

Around 20 10, the two sides reached a cooperation agreement to jointly develop three plots, such as Tianzhu street 12 yard, the original site of Tianzhu supply and marketing cooperative in Shunyi District. Among them, Sitaihua Business mainly provides land and goes through relevant procedures, and all students are responsible for investment, development and construction.

The three projects in Shunyi Tianzhu are the first time for all students to enter the upstream development field. For Baolan shares, these three saleable items are undoubtedly a timely help to the tight capital chain after two failed listing shocks. But in the end, all the students lost to the creditors, and three plots of land and buildings were waiting to be sealed up and auctioned.

Tianxi Square was auctioned because Jiangsu Bank entrusted a loan of 550 million yuan. From June 2065438 to June 2004, a creditor named Wuhu Longhua Investment entrusted Shijingshan Sub-branch of Bank of Jiangsu Beijing Branch to grant loans to Longhua in Kyushu.

In this entrusted loan, Kyushu Longhua pledged 7 million shares and two 2.54 hectares of land and buildings to Bank of Jiangsu Beijing Branch. The major shareholder of Kyushu Longhua pledged 65.438+32 billion shares to Wuhu Longhua Investment and 7 million shares to Bank of Jiangsu respectively.

According to the assessment report, Tianxi Square was valued at 628 million yuan. After the first auction failed, it was taken away by Beijing Dijing Real Estate Co., Ltd. (hereinafter referred to as "Dijing Real Estate") for the second time. The estimated price of 8052 square meters of land and 65.438+0.94 million square meters of houses of Project 28 under auction is 290 million yuan, and the starting price is 203 million yuan. So far, there has been no auction.

The total principal and interest owed by Kyushu Longhua to Wuhu Longhua is about 644 million yuan, that is to say, the funds from the auction of these two projects have just covered all the debts, which is only the tip of the iceberg among all the debts of all students. Up to now, in addition to the seizure of shares, deposits and related assets of related companies, three houses and four cars under the names of Fan Xuebing and his wife Lin Qiu, who are jointly and severally liable for related debts, have also been seized.

After July this year, many creditors found in the process of applying to the court for enforcement that all the students and the companies they controlled had no assets to preserve.

According to the information of industry and commerce, Dijing Real Estate, which photographed Tianxi Square, is inextricably linked with Beijing Shudong Urban Construction Engineering Co., Ltd. (hereinafter referred to as "Shudong Urban Construction"), the contractor of this project. At present, there is still a construction fund of 65 million yuan for this project in Shudong Urban Construction.

Tianxi Square has experienced two rounds of auction. After the first auction, the starting price dropped from 565 million yuan to 452 million yuan. Dijing Real Estate was the only enterprise that participated in the auction in the second round, and finally the transaction was made at the starting price. The final transaction price decreased by 654.38+76 million yuan compared with the estimated price.

It is also worth noting that Shunyi District Supply and Marketing Cooperative, as a 30% equity holder of Kyushu Longhua, sued Wuhu Longhua Investment and Kyushu Longhua on the grounds of infringement of shareholders' interests before and after the mandatory auction in Tianxi Square, and later dropped the lawsuit.

No one answered the phone of Shunyi District Supply and Marketing Cooperative of Shudong Construction. Both Beijing Baolan Holdings Co., Ltd. and Baolan Co., Ltd. said that they would ask relevant questions to the person in charge of the company and reply, but as of press time, the reporter did not receive any reply. A staff member of Longhua, Kyushu, Tianxi Plaza said that he was unaware of the auction and no relevant personnel took over the property.

Since 20 14, it will no longer interfere with the specific affairs of relevant companies. At present, Chairman He Jiang, President Liu Baoting and Vice President He Meng are responsible for the daily operation of Baolan. In other sectors, Lin Qiu is responsible for investment sectors such as teng letter Science and Technology, and his son Fan Tianzhu is more responsible for the development of three plots in Shunyi.