广州“铜钱大厦”三上拍卖台，八折甩卖能否等来“接盘侠”？

Core Viewpoint - The Guangzhou Round Building, also known as the "Copper Coin Building," is being auctioned on the Alibaba Asset Platform with a starting price of 1.36 billion yuan, which is 80% of its assessed value. This is the third auction attempt for the property, which is tied to the restructuring rights of Guangdong Xingye International Industrial Co., Ltd. [2][4] Group 1: Auction Details - The auction is set to take place from November 13 to November 14, with nearly 28,000 views and over 500 reminders set, but no bidders have registered as of November 13 [2][8]. - The starting price of approximately 1.36 billion yuan is based on an assessed value of around 1.7 billion yuan, representing an 80% discount [8]. - The auction includes the restructuring investment rights of Guangdong Xingye International, which encompasses various assets, including the Guangzhou Round Building and associated land use rights [5][8]. Group 2: Company Background - Guangdong Xingye International was established by Hongda Xingye Group and Guangdong Dongsha Logistics Co., Ltd., holding 96% and 4% of shares, respectively [10]. - The company has faced significant financial difficulties, with a reported debt of 19.075 billion yuan and a history of annual losses since 2020 [10][11]. - The Guangzhou Round Building, completed in December 2013, has been controversial due to its design and is located in a non-core business area of Guangzhou, which may affect its marketability [10][12]. Group 3: Market Considerations - The current real estate market is undergoing adjustments, with commercial properties, especially those in non-core locations, facing rental and sales pressures [10]. - Potential bidders must consider the historical valuation and market conditions, as well as the costs associated with the acquisition and potential renovations [13]. - The auction's success hinges on the approval of the restructuring plan by creditors and the court, which adds a layer of uncertainty for bidders [9][10].