Wongtee International(SZ:000056) Shen Zhen Shang Bao·2025-08-11 05:32Group 1 - The Shenzhen Intermediate People's Court announced the auction of the Crystal International Shopping Center (Huangting Plaza) and related facilities, with a starting price of approximately 30.53 billion yuan and an estimated value of about 43.61 billion yuan [1][4] - As of the auction transfer, the property owes approximately 16.32 million yuan in management fees and about 7.40 million yuan in utility fees, totaling over 23.71 million yuan in outstanding payments that bidders must cover in addition to the auction price [3] - Huangting Plaza, located in the CBD of Shenzhen, has a land area of 42,348.37 square meters and a total building area of 136,895.89 square meters, with a land use period of 40 years from October 8, 2002, to October 7, 2042 [4][5] Group 2 - Huangting Plaza is owned by Shenzhen Rongfa Investment Co., Ltd., a subsidiary of Huangting International (stock code: 000056), which has faced legal issues due to a loan dispute leading to the property being placed under judicial auction [5][7] - In 2021, Huangting International announced a lawsuit from Citic Trust regarding a loan contract dispute, resulting in the property being sealed for 36 months, although the shopping center continued normal operations [5][6] - Previous attempts to sell the equity of Rongfa Investment, which holds Huangting Plaza as its core asset, were unsuccessful, with reference prices dropping from 74.93 billion yuan to 56.2 billion yuan in 2022 [6]