What real estate industries does Sinopec have?

The Securities Daily reporter saw in the Beijing Equity Exchange that Sichuan Huaxing Natural Gas Co., Ltd. (hereinafter referred to as Sichuan Huaxing), a subsidiary of Sinopec, wanted to transfer 50% equity of Sichuan Hongfuyuan Real Estate Development Co., Ltd. (hereinafter referred to as Hongfuyuan Real Estate Company) under its control.

The listing price of the above real estate companies is only 1 yuan. Why does Sinopec "sell" real estate assets so much? It is understood that Hongfuyuan Real Estate Company is currently in a state of suspension of production, and its debt as of last year was 74 1.69 million yuan.

In addition, it is worth noting that last week, Sinopec started the reorganization of oil sales business and wanted to introduce private capital in this sector, thus opening the curtain of oil and gas reform.

Some insiders told the Securities Daily that Sinopec will spin off its non-main business around the oil and gas reform in the future, paving the way for restructuring its oil and gas sales business.

According to public information, Hongfuyuan Real Estate Company was established in 200 1, and its business scope is mainly to undertake development and construction projects with a building area of less than 1.5 million square meters, but excluding buildings with a floor above 1.2 and a span of more than 24 meters. Among the top ten shareholders of the company, Sichuan Huaxing holds 50%.

Hongfuyuan Real Estate Co., Ltd. is currently in a state of suspension of production with zero employees. On the base date of appraisal, the paid-in capital reflected in the book is RMB 3,500,000.00 Yuan, of which the transferor Sichuan Huaxing contributed RMB 2,500,000.00 Yuan and the shareholder Min Longsong contributed RMB 654,380,000.00 Yuan.

Based on March 3, 20 1 year, the total liabilities of Hongfuyuan Real Estate Company reached 74 16900 yuan, and the book value of net assets was negative 5859500 yuan.

20 working days from the date of announcement. After the expiration of the listing period, if the intended transferee is not collected, it will be postponed (in the case of not changing the listing conditions, it will be postponed in a cycle of 5 working days until the intended transferee is collected).

After the expiration of listing, if two or more qualified intended transferees are collected, the transferee shall be determined by online bidding (multi-quotation).

It is worth noting that this is not the first time that Sinopec has "sold" real estate assets.

As early as 20 10, Sinopec transferred 50% equity of Zhuhai Huarui Property Construction Co., Ltd. at 1 yuan. Zhuhai Huarui Property Construction Co., Ltd. (hereinafter referred to as Huarui) is a 50% owned enterprise of Beijing Yanshan Petrochemical Co., Ltd. (hereinafter referred to as Yanshan Petrochemical) under Sinopec.

China Petrochemical once said that the listing price of 50% equity is only 65,438+0 yuan, because Zhong Lei Certified Public Accountants Co., Ltd. takes 65,438+065,438+20071October 30 as the base date, and evaluates Huarui's net assets as-565,438+033, 700 yuan. Because the net assets are negative, the listing price of 50% equity of Yanshan Petrochemical in Shanghai Stock Exchange is 65,500.

However, although the listing price is only 1 yuan, the above assets have not been collected from the intended transferee for three consecutive years since 2007.

Now, Sinopec once again "sells" real estate assets at a low price of 1 yuan, and it is still unknown whether it can be transferred smoothly this time.

It is understood that in 20 10, SASAC required 78 state-owned enterprises to withdraw from the real estate business. According to the requirements and deployment of the State Council State-owned Assets Supervision and Administration Commission (SASAC) on accelerating the structural adjustment of central enterprises and improving the competitiveness of their main businesses, in recent years, China Petrochemical and its affiliated enterprises have vigorously carried out rectification and accelerated the withdrawal and adjustment of non-main businesses.

It is worth noting that at present, Sinopec has opened the curtain of oil and gas reform. Private capital is introduced into the oil and gas sales field, and the shareholding ratio of social and private capital shall not exceed 30%.

Fu Chengyu, chairman of Sinopec, told the media recently that the reorganization of Sinopec's sales plate is not only to meet the relevant requirements, but also to consider the overall reform plan of China Petrochemical and China Petrochemical Group, and there may be corresponding actions during the "two sessions".

In addition, on February 24th, the National Energy Administration officially issued the Supervision Measures for Fair Opening of Oil and Gas Pipeline Facilities (Trial), requiring oil and gas pipeline facilities operators to open the use of oil and gas pipeline facilities to new users in a fair and non-discriminatory manner in the order of signing contracts on the premise of mutual benefit, making full use of facilities capacity and ensuring existing services of existing users.

Non-discriminatory opening of oil and gas pipeline network means further oil and gas reform this year. Sinopec, as the protagonist of oil and gas reform, in addition to the reorganization of oil and gas sales business, the gradual liberalization of oil and gas pipeline network will also be one of its main reform tasks this year.