Core Viewpoint - 泰禾集团 is accelerating its asset disposal process, highlighted by the recent auction of its Shanghai headquarters building, indicating financial distress and a need to repay debts [1][6]. Asset Disposal - On July 23, Shanghai Shunsheng Construction Group purchased the 泰禾大厦 for approximately 660 million yuan, significantly below its assessed value of 940 million yuan [1][6]. - The 泰禾大厦 was previously the headquarters of 泰禾集团 in East China and has been a symbol of the company's decline from its peak [1][6]. - The total value of 泰禾集团's assets that are seized, frozen, or pledged amounts to 1,071.79 billion yuan, representing 65.07% of its total assets [1]. Financial Performance - For the fiscal year ending December 31, 2024, 泰禾集团 reported a revenue of approximately 8.04 billion yuan, a year-on-year increase of 25.78%, but incurred a net loss of about 21.3 billion yuan, a 250.94% decline compared to the previous year [8][9]. - The increase in losses is attributed to several subsidiaries undergoing bankruptcy proceedings and significant asset impairments due to the overall downturn in the real estate sector [8][9]. Legal and Ownership Issues - The 泰禾大厦 has ownership complications, including municipal occupation and complex address registrations, which may affect the new owner's rights [5][7]. - Parts of the building are owned or used by municipal departments, which could pose risks to the new owner's usage rights [6][7]. Future Outlook - 泰禾集团 is facing ongoing challenges, with reports of additional properties being auctioned and potential further asset disposals, including high-value properties in Beijing [10][12]. - The company has confirmed significant investment losses due to the bankruptcy and liquidation of several subsidiaries, impacting its financial statements for 2024 [12].
评估价9.4亿元仅拍出6.6亿元!泰禾集团加速“割肉”偿债
Mei Ri Jing Ji Xin Wen·2025-07-26 00:45