Nandu reporter learned that Shimao gongsan, formerly known as Shimao department store, is located in the “Gongti Sanlitun” trend business circle in Beijing. It is not only the commercial flagship center created by Shimao shares, but also the first store of Shimao department store in Beijing. It was officially opened on December 23, 2011.
In May 2016, LETV holdings, with unlimited scenery at that time, acquired all the equity of baiding new century company held by Beijing Fortune times real estate Co., Ltd. and Shimao business management company at the price of RMB 2.920 billion and RMB 52 million from Shimao Co., Ltd. (600823), with a total of RMB 2.972 billion, becoming the new owner of Shimao gongsan project. At that time, Jia Yueting’s worth was still 31st on the Hurun 100 rich list.
Shimao gongsan project is located in Sanlitun Gongti North Road, Chaoyang District, Beijing, close to the embassy district and Chaowai business district. The auction targets are the real estate 0101, 0201, 0301, 0401, 0401 and 0101 on the third floor, building 3, yard 13, gonggongtiyu North Road, Chaoyang District, Beijing, and the real estate 0101 on the first floor, building 1, building 2, building 3, building 4, building 1, building 1, building 4, building 1, building 1, building 1, building 0101; Beijing Baiding New Century Business Management Co., Ltd. is located in five real estates (- 737 underground parking spaces from 1 to – 4 and 49 underground warehouses) in courtyard 13, worker’s Stadium North Road, Chaoyang District, Beijing.
According to public information, the legal representative of Beijing Fortune times real estate Co., Ltd. is Wu Meng, with a registered capital of 1.01 billion yuan. LETV holdings holds all the equity and mainly owns the real estate project “Shimao gongsan”. At present, Jia Yueting is still the suspected actual controller of LETV holdings, holding 92% of the equity of LETV holdings.
After being mortgaged to China CITIC Bank in 2016, Shimao gongsan successively transferred the total creditor’s rights of 1.92 billion yuan of LETV to China Huarong as collateral, and then the creditor’s rights were transferred to China Cinda.
Previously, all the equity of Beijing Fortune times real estate Co., Ltd., a subsidiary of “Shimao industrial III”, has experienced three auction in 2019. In January 2019, Shimao gongsan was put on the judicial auction table for the first time, with a price of RMB 2.302 billion.
At the beginning of this year, from the auction of the equity of the company affiliated to “Shimao gongsan” to the auction of real estate, the last auction was on April 15 this year, with a starting price of about 2.05 billion yuan and an evaluation price of 2.929 billion yuan, and finally sold.
After four times of streaming shooting, Shimao gongsan was finally “pocketed” by Beijing zhuorei Property Management Co., Ltd. However, the transaction price of 1.645 billion yuan, compared with 2.972 billion yuan when it first started five years ago, is almost halved compared with the price when LETV bought it.
According to tianyancha app, the actual controller of Beijing zhuorei Property Management Co., Ltd. is 100% owned by Beijing Zhongzhi Resources Property Management Co., Ltd., and the ultimate beneficiary is Xie Zhikun (Mao Amin’s husband), the founder of Zhongzhi enterprise group. The last large transaction in Beijing disclosed by Zhongzhi department was the Beijing Gongti apartment next to Shimao gongsan.
Reprint indicated source：Spark Global Limited information