SWSC(SH:600369) Zheng Quan Shi Bao·2025-09-14 08:06Core Viewpoint - Southwest Securities is actively disposing of assets, including over 70 projects involving real estate, parking spaces, and vehicles, with a total transfer base price of nearly 5 million yuan, primarily due to previous bond defaults by related developers [1][3][8]. Asset Disposal Details - The asset disposal includes 68 parking spaces located in Zhengyuan Xiangyuan, each with a transfer base price of 21,000 yuan, and two real estate projects with base prices of 1.0426 million yuan and 2.3315 million yuan, respectively [3][4]. - The total transfer base price for the listed assets is approximately 487.82 million yuan, with the vehicle transfer period set from September 10 to 17, and other projects from September 12 to 25 [3][8]. Background of Asset Origin - The assets are linked to developers whose controlling shareholders have previously been sued by Southwest Securities due to bond defaults, with the company acting on behalf of its asset management products to recover debts [6][7][8]. - In 2019, the developer Zhengyuan Real Estate faced a debt crisis, leading to multiple lawsuits from financial institutions, including Southwest Securities, which has since recovered approximately 54.786 million yuan through various means, including cash and asset disposals [8][9]. Industry Trends - Other securities firms have also been engaging in asset disposals to optimize their asset structures and improve operational efficiency, with examples including Hongta Securities and Huaxi Securities, which have announced plans to sell or lease properties [10].