At 10 a.m. on February 12, at the public auction of Haidian A2000-003 plot held at the Beijing Land Auction Center, the auctioneer briefly introduced this residential land located on the west side of Capital Gymnasium South Road in Erligou. It was originally the No. 1 land in Beijing. The old factory building on the west side of the No. 2 Automobile Manufacturing Plant (BAIC No. 2 Plant) covers an area of 10,000 square meters. The auction starts at 100 million yuan, and the price increases by 5 million yuan each time.
This is the first public auction of residential land held in Beijing after the Year of the Rabbit. It attracted investors from Shunyuan Real Estate (Beijing) Group, Beijing Vanke Real Estate, CITIC Real Estate, China Resources Land, Beijing Wanda Real Estate, Soho Company, China Real Estate, and China Overseas Real Estate. More than 30 real estate developers, including Greenland Real Estate, Huayuan Real Estate, Capital Real Estate, Poly Real Estate, New Henderson Group, Pengrun Investment Company, Cheung Kong Holdings, Henderson Land Development and Sun Hung Kai Properties, participated in the bidding.
CITIC Real Estate Company and China Resources Land Company appeared at the public auction of residential land in Beijing for the first time.
With the goal of "ranking among the top three in terms of comprehensive strength in the industry", CITIC Real Estate has established a strategic layout of "based on Beijing-Tianjin, the Pearl River Delta and the Yangtze River Delta, and selectively entering second-tier cities in economically developed areas". In terms of business, it focuses on mid- to high-end residential properties. Development is the main line of business. It adheres to primary land development with secondary development as the guide, cultivates commercial real estate in a timely and selective manner, and relies on CITIC Group's financial platform to develop financial real estate. It has become a guest of local government officials and has reserved a large amount of land.
China Resources Land was reorganized and established in 1994. It is the flagship real estate business of China Resources Group. It was listed on the Hong Kong Stock Exchange in 1996 with the stock code hK1109.
Haidian A2000-003 plot is located within the Second Ring Road, overlooking the Beijing Zoo to the north, Chegongzhuang West Road to the south, and Capital Gymnasium South Road to the east. It has a superior geographical environment and convenient transportation.
Shunyuan Real Estate (Beijing) Group, Beijing Vanke Real Estate, CITIC Real Estate, China Resources Land, Beijing Wanda Real Estate, Soho Company, Poly Real Estate, China Real Estate, China Overseas Real Estate, Greenland Real Estate, Capital Real Estate, Cheung Kong Holdings, Henderson Land Development, Sun Hung Kai Properties, etc. Everyone wanted to get this piece of land and competed for the price. After 32 rounds of bidding in the second round, the starting price of 100 million yuan became 100 million yuan.
The land price per square meter has reached 3,783 yuan, and everyone has given up.
The third round of bidding has begun, and there are still five companies left in the field, including Shunyuan Real Estate (Beijing) Group, CITIC Real Estate, China Resources Land, Beijing Wanda Real Estate and Soho Company.
General Manager Xu Junjie already knew that Shunyuan Real Estate (Beijing) Group wanted to acquire this land. Beijing Vanke Real Estate voluntarily gave up after the first round of bidding.
"No. 11 billion!"
Yu Xueqiang raised his number plate again, determined to win!
Li Youhua and others were standing by to help out. They had already received instructions from Sun Jian to acquire this nearly 112-acre piece of prime land at a price of no more than 5,000 yuan per square meter and a total price of no more than 100 million yuan to build Shunyuan Plaza and Shunyuan Garden. community.
The Guoxing Garden Community is designed and developed by Jingcheng Energy Real Estate Development Co., Ltd. on an area of 10,000 square meters east of the Capital Gymnasium. It is also the old factory building of BAIC No. 2 Plant. The planning and design consists of 4 high-rise buildings, 3 small high-rise buildings and a 27-meter high-rise building. It consists of two floors of Guoxing Building. It is planned to open at the end of the year, with prices starting from 4,500 yuan per square meter.
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【My 1985】【】
In 1988, on the basis of the new Shunyi plant of BAIC No. 2 Plant, Jingcheng Light Vehicle Co., Ltd. (referred to as Jingcheng Light Vehicle), a Sino-foreign joint venture, was jointly invested with CITIC Investment Company and Hong Kong Shortage Company, with a registered capital of 200 million yuan. Beijing Second Automobile holds 70% of the shares, CITIC Investment Company holds 5%, and Schottage holds 25%. The joint venture period is 15 years.
When the joint venture was established, BAIC No. 2 Plant injected most of its high-quality assets and more than 5,000 cadres and employees into Beijing Light Vehicle. There was still a small amount of remaining assets and more than 1,000 cadres and employees in the old factory. In 1990, BAIC No. 2 Plant moved out. In the urban area, he moved to Xiaokou Town, Changping, purchased 50 acres of land, and began to produce special-purpose modified vehicles.
Due to the outdated model design, failure to adjust the product structure in a timely manner, and poor management, the company suffered a heavy burden. After entering the 1990s, BAIC Plant No. 2 gradually fell into trouble and began to suffer losses from 1992.
In 1998, BAIC Plant No. 2 had an annual production capacity of 4,000 cars and 300,000 jacks, but it actually produced only 55 cars and 10,000 jacks, unable to make ends meet.
BAIC Plant No. 2 has suffered losses for eight consecutive years. Today, there are more than 700 cadres and employees (including those who are on the job), with total assets of more than 85.49 million yuan, liabilities of 100 million yuan, and an asset-liability ratio of 172%. It can no longer pay off its due debts, and it complies with statutory bankruptcy. condition.
Considering the large social impact, it has not yet declared bankruptcy.
After Taobao Holdings invested US$400 million to join Beijing Hyundai Motor Co., Ltd., Beijing Automotive Industry Holding Group President Chen Jianming and Beijing leaders both hoped that Sun Jian would come forward to acquire BAIC Plant No. 2.
In order to meet the living expenses of laid-off workers and the retirement wages of retired cadres and workers, in June 1998, Beijing Automotive Industry Holding Group transferred the factory covering an area of 10,000 square meters on the east side of the old factory for 50 million yuan by agreement.
On October 23 last year, Beijing Automotive Industry Holding Group signed a provisional strategic cooperation agreement with South Korea's Hyundai Motor Company, deciding to invest 1,000 acres of industrial land and factory buildings, equipment and other high-quality assets in Beijing Light Vehicle's new factory in Shunyi, as well as US$500 million in cash, UU Kanshu.net jointly established Beijing Hyundai Motor Co., Ltd.
Chen Jianming, president of Beijing Automotive Industry Holding Group (the controlling shareholder of Beijing Second Automobile Group), signed an equity transfer agreement with CITIC Investment Company and Xiangjiang Shortage Company, and obtained 100% of the equity of Beijing Light Vehicle Co., Ltd.
On November 18 last year, Beijing Hyundai Motor Co., Ltd. was registered with the Beijing State Administration for Industry and Commerce with a registered capital of US$2 billion. One share of US$1 became 2 billion shares. Beijing Enterprise Industrial Holding Group’s 1,000 acres of industrial land and Beijing Light Vehicle Company’s With plant equipment and personnel and an investment of US$300 million, Hyundai Motor Group holds 800 million shares, accounting for 40% of the shares; Hyundai Motor Group invests in Hyundai Sedan’s technology and brand with an investment of US$300 million, holding 800 million shares, accounting for 40% of the shares; Taobao Holdings invested US$400 million in shares, holding 400 million shares, accounting for 20% of the shares.
After the establishment of Beijing Hyundai Motor Co., Ltd., Beijing Light Automobile diverted more than 300 cadres and employees. BAIC Plant No. 2 now has more than 1,000 cadres and employees who need to be resettled.
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【My 1985】【】
Beijing Enterprise Industrial Holding Group has decided to auction off the old factory building on the west side of BAIC Plant 2 through a public auction, hoping to get 200 million yuan, which it plans to use for resettlement through internal retirement and buyout of seniority.
"No. 8 billion!"
Yan Jun, manager of the development department of CITIC Real Estate Company, also raised his sign, knowing in his heart that although CITIC Group is powerful, CITIC Real Estate Company and Shunyuan Real Estate Group are not competitors at the same level. There is no need to work hard and eventually become the leader of the industry. It's a joke, but it's my first time to participate in a public land auction in Beijing, so I can't lose the company's face.
