Core Viewpoint - Baolong Real Estate is set to sell Hangzhou Binjiang Baolong City and Hangzhou Binjiang Baolong Yijun Hotel for an initial price of 1 billion yuan [1][7][9]. Group 1: Transaction Details - The sale agreement involves Shanghai Lianshang No. 1 Commercial Management Co., Ltd., which is 99.97% owned by Lishui Lianjia No. 2 Equity Investment Partnership [2][10]. - The payment will be made in four installments, with the first payment being 135 million yuan [2][9]. - A special shareholders' meeting will be convened by Baolong Real Estate to discuss this matter [10]. Group 2: Property Information - Hangzhou Binjiang Baolong City has a total construction area of approximately 137,000 square meters (excluding parking) and includes 1,390 underground parking spaces [5][12]. - The hotel has 175 guest rooms and began operations in December 2017 [5][12]. - The properties generated a net operating income of 231 million yuan in 2023, projected to be 232 million yuan in 2024, and 156 million yuan from January to August 2025 [5][12]. Group 3: Financial Obligations - After the completion of the equity transfer, Lianshang No. 1 will be responsible for providing shareholder loans or arranging new financing to repay approximately 1.46 billion yuan in project debt [5][12].
作价10亿，滨江宝龙城将易主