在A股市场，"以房抵债"常被视为上市公司清理应收账款、改善资产负债表的"特效药"，对身处特殊时期（ST）的企 业而言，这更是一场与时间赛跑的"回血"之战。 1月9日晚间，ST远智（即远大智能，SZ002689，股价3.31元，市值34.53亿元）发布的公告显示，公司与云南省城乡 建设投资有限公司玉溪棚户区改造分公司（以下简称"云南城乡投玉棚分"）达成以房抵债协议，对方将通过第三方持 有的房产冲抵271.6万元欠款。 有望增加230万元税前利润 面对回款难的顽疾，ST远智选择了一条并不鲜见的路径——"拿房抵账"。 根据ST远智发布的公告，公司与债务人云南城乡投玉棚分、代偿方云南省城乡建设投资有限公司（以下简称"云南城 乡投"）以及房产持有方梁河伴山特色小镇置业有限公司（以下简称"梁河伴山置业"）签署了《债权债务化解协议 书》。 这并非一笔简单的"欠债还房"，而是一场涉及四方的债务重组。协议约定，由云南城乡投代云南城乡投玉棚分向ST 远智支付款项271.6万元。 然而，这笔资金并未在ST远智的账上停留，而是随即流向了梁河伴山置业——ST远智同意用这笔款项购买后者名下 的房产。 | 序号 | 楼盘名称 | 楼号、楼 ...

在A股市场，"以房抵债"常被视为上市公司清理应收账款、改善资产负债表的"特效药"，对身处特殊时期(ST)的企业 而言，这更是一场与时间赛跑的"回血"之战。 1月9日晚间，ST远智（002689）(即远大智能，SZ002689，股价3.31元，市值34.53亿元)发布的公告显示，公司与云南 省城乡建设投资有限公司玉溪棚户区改造分公司(以下简称"云南城乡投玉棚分")达成以房抵债协议，对方将通过第三 方持有的房产冲抵271.6万元欠款。 公开资料显示，云南省城乡建设投资有限公司实控人为云南省国资委。 值得一提的是，这笔看似金额不大的交易，对ST远智的财务报表却有着"四两拨千斤"的影响。经初步测算，若抵债 顺利实施，预计将增加公司2026年度税前利润约230.6万元。 在电梯行业竞争加剧、原材料价格波动的大背景下，这笔资金回流无疑为公司的业绩修复起到了示范作用。然而，面 对高达数亿元的应收账款，几套房产的抵偿显然无法彻底解决问题。 债权变物权 对于ST远智而言，这笔交易最直观的利好体现在财务报表上。公司在公告中明确表示："本次抵债有利于降低公司应 收账款回款不确定性风险，加快公司应收账款清欠、回收。" 更为关键的是， ...

Core Viewpoint - The company has approved the acquisition of assets from its affiliate, Gui'an Palm Cultural Real Estate Co., Ltd., to offset debts, involving 48 properties valued at approximately 18.26 million yuan, with an agreed price of 17.96 million yuan [2][9][10]. Group 1: Transaction Overview - The company will receive 48 residential properties located in Gui'an New District, Guizhou Province, with a total construction area of 3,678.18 square meters as debt compensation [6][9]. - The properties have a book value of 17,957,709.65 yuan and an estimated value of 18,260,100.00 yuan [6][15]. - The transaction was approved by the board of directors with 6 votes in favor and no opposition, while related directors abstained from voting [10][12]. Group 2: Debt Settlement Context - Gui'an Palm owes the company for construction project payments and performance bonds related to the Yunman Lake International Leisure Tourism Resort [7][8]. - The company previously signed an agreement to accept properties as debt repayment but faced challenges in executing this with downstream suppliers, prompting the current transaction [8][21]. Group 3: Asset Valuation and Agreement - The valuation of the properties was conducted by Henan Jiayuan Real Estate Land Asset Appraisal Co., Ltd., confirming the estimated value [7][16]. - The agreement stipulates that Gui'an Palm will work to remove any mortgage registrations on the properties within three months and ensure no other rights issues exist [15][19]. Group 4: Independent Board Review - The independent directors have reviewed the transaction and concluded that it aims to protect the company's interests and expedite debt recovery, with no significant discrepancies in property valuation [24]. - The independent board supports the transaction and has recommended it for board approval, ensuring that related directors recuse themselves from voting [24]. Group 5: Financial Impact - The company anticipates that the transaction will not have a significant impact on its financials, with accounting treatment to be confirmed post-audit [24]. - The company will actively manage the asset recovery process to enhance the value of the acquired properties [24].

2025年8月8日，棕榈生态城镇发展股份有限公司召开董事会，审议通过受让贵安新区棕榈文化置业有限 公司48套房产抵偿债权的议案。该房产位于贵州贵安新区云漫湖漫月湾小区，建筑面积3678.18平方 米，估值1826.01万元，双方确认以1795.77万元抵债。此前因下游供应商诉讼，以房抵债推进不及预 期。贵安棕榈是公司关联方，因合同纠纷被列为失信被执行人。此次交易未构成重大资产重组，预计对 公司财务无重大影响，但存在房产过户和交付风险。 ...

Group 1 - The Supreme People's Court has issued an interpretation to enhance the protection of homebuyers' rights, effective from July 24, 2025 [1] - The interpretation expands the scope of consumer rights protection in real estate transactions, allowing for better safeguarding of buyers' interests in cases of developer debt disputes [4][5] - The interpretation allows for the exclusion of forced execution on properties that meet the criteria of "residential living needs," which now includes improved housing, not just the primary residence [5][6] Group 2 - The interpretation emphasizes the priority of construction project payment rights, allowing contractors to negotiate property value for debt recovery, which can exclude mortgage rights or general monetary claims from forced execution [3][4] - Courts are instructed to focus on the substantive review of whether the disputed property is essential for the normal living conditions of the family involved [6] - The interpretation aims to prevent fraudulent practices in debt recovery, emphasizing the need for courts to verify the authenticity of contracts and payment claims to combat false litigation [7][8]