On December 2, Beijing Beichen Industrial Co., Ltd. issued an announcement that it would provide a guarantee for a wholly-owned subsidiary, involving an amount of 36 million yuan.
After reviewing the announcement, the new media of viewpoint real estate learned that Chongqing Beichen Liangjiang Real Estate Co., Ltd., a wholly-owned subsidiary of Beijing Beichen Industrial Co., Ltd., is responsible for developing the Beichen project of Yuelai Convention and Exhibition Center in Chongqing. After communicating with the local government department, the project can apply for an extension of the payment of urban construction supporting fees. Accordingly, Chongqing Liangjiang, Chongqing Beichen Heyue Real Estate Co., Ltd., a wholly-owned subsidiary of Beichen Industry, and Chongqing Liangjiang New Area Construction Administration Bureau, jointly signed the Agreement on Arrears of Urban Construction Supporting Fees, which delayed the payment of urban construction supporting fees of about RMB36 million for a period of 6 months, and Chongqing Heyue provided a joint and several liability guarantee guarantee guarantee of not more than RMB36 million for the aforementioned amounts.
According to the data, the legal representative of Chongqing Beichen Liangjiang Real Estate Co., Ltd. is Xie Xiong, with a registered capital of 100 million yuan, and the business scope includes general projects: real estate development (practicing with qualification certificates); property services (grade 2); real estate sales; housing leasing; enterprise management consulting; real estate information consulting; real estate brokerage; marketing planning; sales: hardware, building materials, decorative materials (the above two do not contain hazardous chemicals). As of December 31, 2020, Chongqing Liangjiang had audited total assets of 5.244 billion yuan, total liabilities of 5.124 billion yuan, net assets of 120 million yuan, and net profit of -33.1291 million yuan.
It is reported that as of the disclosure date of the announcement, in addition to the guarantee formed by providing phased guarantees for the mortgage loans issued by banks to home buyers in accordance with real estate business practices, the total external guarantee of Beichen Industry and its holding subsidiaries has accumulated to RMB7.999 billion, accounting for 46.92% of the latest audited net assets. Among them, the total amount of guarantees provided to the holding subsidiaries was RMB7.999 billion, accounting for 46.92% of the latest audited net assets.
This article originated from the viewpoint real estate network