On January 16, Red Star Capital Bureau noted at JD Auction that the bankruptcy estate of Chengdu Guqi Shoes Co., Ltd. (hereinafter referred to as "Guqi Shoes") will be judicially auctioned. The auction targets are the property of Guqi Shoes, including state-owned land use rights, buildings, structures and their ancillary facilities, equipment (including office supplies), trademarks, etc. The starting price is 1.081 billion yuan.

Picture according to JD Auction
According to the auction announcement, the auction target is Huijin · ILC Chengdu International Leather City, located at No. 8 ShoeDu South Road, Wuhou District, the auction target includes 3 buildings and an empty land. The subject of the auction belongs to the state-owned land use rights, buildings, structures and ancillary facilities, equipment (including office supplies) and trademarks of Chengdu Guqi Shoes Co., Ltd. (hereinafter referred to as "Guqi Shoes").
An insider revealed to the Red Star Capital Bureau that Huijin · ILC Chengdu International Leather City was a "star project" at that time, which attracted much attention from all parties. On January 16, 2022, on the JD auction information, red star capital bureau saw that there is less than a day before the bankruptcy liquidation auction, as of now, 1 person has signed up, and 11697 people have watched.
The bankruptcy estate of Chengdu Guqi Shoes Co., Ltd. will be judicially auctioned according to Jingdong Auction
Tens of thousands of people watched
The "Star Project" will be auctioned off in bankruptcy
As a pillar industry women's shoe in Wuhou District, Huijin · ILC Chengdu International Leather City is located in the core area of "China's Women's Shoe Capital" and is known as one of the commercial landmarks in Chengdu.
According to public information, Chengdu International Leather City is located at No. 8, ShoeDu South Road, Wuhou District, and the construction unit is Chengdu Guqi Shoes Co., Ltd.
Chengdu Guqi Shoes Co., Ltd. was established in May 2000, Guqi Shoes Chengdu production base plant area of more than 40,000 square meters, with footwear industry world-class facial assembly line more than 20, the annual output of high-end women's shoes 5 million pairs, and NINEEST, POLLE and other well-known brands to establish cooperative relations, sales network throughout the European and American international market.
According to Tianyan, the registered capital of Chengdu Guqi Shoes is 100 million yuan, the legal representative is Xie Ping, and the major shareholders Xie Ping and Miao Jinghua hold 50% of the shares.
According to media reports, the Chengdu International Leather City project is promoted by Guqi Shoes and is expected to be put into operation in 2017. At that time, Chengdu International Leather City wanted to build a new leather city that subverted the traditional store style, integrating the whole industry chain of R&D center, brand release center, conference center and e-commerce platform center.
However, the project later came to a standstill and eventually became a rotten building.
An insider revealed to the Red Star Capital Bureau that the project was suspected of violating the law during the investment sales. "Selling in the form of commercial lattice shops" and "selling thousands of shops to tens of thousands of tenants." According to the Red Star Capital Bureau, on the major public website platforms, there are many public complaints, pointing directly to Guqi Shoes, and the complaints involve no sales qualifications and illegal fundraising.
According to public information, on January 25, 2021, the Wuhou District Bureau of the Chengdu Municipal Public Security Bureau issued a police information circular saying that Chengdu Guqi Shoes has been investigated for suspected crimes of illegally absorbing deposits from the public. The public security organs have carried out corresponding investigation and evidence collection work on the funds and land of the personnel involved in the Huijin Square project in accordance with the law, and sealed and frozen the accounts and land involved in the case. At the same time, according to the creditor's application, the Wuhou District People's Court has launched bankruptcy proceedings against Chengdu Guqi Shoes Co., Ltd.
The history of the ups and downs of the former "shoe industry big man" entrepreneurship
With the bankruptcy liquidation auction of Chengdu International Leather City, the history of The "shoe industry tycoon" Xie Ping's entrepreneurial ups and downs has once again appeared in the public eye.
Public information shows that the founder of Guqi Shoes, Huijin · Xie Ping, chairman of ILC Chengdu International Leather City, in September 2012, Xie Ping also appeared on the cover of the 98th issue of the Chinese edition of the authoritative journal "Asian Footwear", and in 2017, he was awarded the title of "Top Ten Outstanding Private Entrepreneurs in Sichuan".
Xie Ping was featured on the cover of The Chinese Edition No. 98 of Asian Footwear
Xie Ping's history of his fortune is legendary.
According to Sichuan Television, in the 1990s, Xie Ping earned his first bucket of gold in the stock market and embarked on the road of entrepreneurship.
Xie Ping is a native of Yongfeng Township (now Hongpailou Subdistrict) in Chengdu. In 1997, Xie Ping resigned from public office and chose to enter the shoe market. At that time, he raised about 500,000 yuan to establish Chengdu Guqi Shoes Co., Ltd., determined to create a well-known women's shoe brand in China.
In 2002, Wuhou District of Chengdu implemented the idea of intensive development of the shoe industry, and planned and built the Western Shoe Capital Industrial Park covering an area of 5.13 square kilometers in the local Tuqiao and Jinhua areas. Xie Ping led the company to become the first shoe company to enter the park.
In 2012, Chengdu Wuhou Shoes gradually shifted to Chongzhou and other places. Xie Ping came up with the idea of leaving the company's "brain center" in the capital of Chinese women's shoes, and he hoped to build the former site of the company located in the core area of China's women's shoe capital in Wuhou District into an urban complex integrating women's shoe research and development, business office, catering and entertainment, which is also the prototype of Chengdu International Leather City.
It is reported that at that time, Xie Ping publicly stated in the media that the Huijin International Plaza project covers an area of about 100 acres, with an investment of 1 billion yuan, which will achieve a total output value of more than 20 times the growth.
After preliminary planning and preparation. Chengdu International Leather City held a lighting ceremony in October 2016 and opened on November 5 of the same year. On the same day, Xie Ping appeared at the opening site to cut the ribbon for the project with a group of guests. But since then, the project has come to a long-term standstill. Tianyan's investigation showed that during this period, Xie Ping was involved in contract disputes, financial loan contract disputes, etc., and was sued many times.
On January 25, 2021, the Wuhou District Bureau of the Chengdu Municipal Public Security Bureau issued a police information circular saying that Chengdu Guqi Shoes has been investigated for suspected crimes of illegally absorbing deposits from the public.
On October 26, 2021, the Wuhou District Bureau of the Chengdu Municipal Public Security Bureau further issued a case notice on the case of Chengdu Guqi Shoes Illegally Absorbing Public Deposits: On July 28, 2021, Xie Mou, the main suspect in the Case of Chengdu Guqi Shoes Illegally Absorbing Public Deposits, was criminally detained in accordance with the law, and Xie has been approved for arrest by the Wuhou District People's Procuratorate. Later, through investigation, the other suspects in the case, Liu X, Yan X, Yang X and Xiao X, were criminally detained by the Wuhou District Bureau of the Chengdu Municipal Public Security Bureau in October 2021 in accordance with law.
Red Star News reporter Yu Yao Shen Mengyun
Edited by Yang Cheng
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