"Lao Xia, have you read today's Shenzhen Special Zone Daily?" Chen said to Xia on the phone. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Summer replied, "I haven't read it yet! What's in the newspaper?"

Chen said: "The mortgage property of Shenzhen Huanglong Hotel has published an auction announcement, you can take a look. ”

Summer said, "Okay. After putting down the phone, Xia checked the "Shenzhen Special Zone Daily" of the day, and sure enough, the auction advertisement was published in a prominent position on the advertising page, and it was also published on it along with Anyan's company.

After reading it in the summer, he thought that the auction of the real estate of the Huanglong Hotel was related to the real estate purchased by a state-owned bank. Therefore, the determination of the reserve price of this real estate auction is related to the interests of the Citizens Bank and is a very serious issue. So, he came to the president's office and asked Wang Xianyao: "President Wang, the Shenzhen real estate auction house has published the auction announcement of the Huanglong Hotel, do you want to report it to the asset loss prevention department of the head office?"

Wang Xianyao was silent for a moment and said, "Is this necessary? Don't tell me yet." ”

Summer left the president's office with questions. I thought to myself, if I didn't tell the head office, and I didn't sell the mortgaged property according to the approval of the head office, what could I do to repay the remaining loans?

An hour later, Wang Xianyao called Xia and said, "Let's report to the asset loss prevention department of the head office." ”

Summer said, "Okay. Immediately called Chen Shanshi of the loss prevention department, and the two agreed to go to the auction house at half past two in the afternoon to understand the situation.

After arriving at the auction house in the afternoon, they learned that with 14.1 million yuan as the starting price of the auction, Chen Shanshi and Xia Xia both thought that the problem was relatively big, and this price could only be beneficial to a state-owned bank that seemed to have bought one-third of Huanglong's real estate. In the summer, the head of the auction house was immediately asked to make preparations to change the starting price of the auction. Otherwise, the auction of the property will be terminated.

The next day, Shen Lixia, general manager of the loss prevention department, asked to go to the head office immediately to discuss the auction of Huanglong's real estate. Considering that the problem was more sensitive, Xia said to Shen Lixia in a retreat: "Our President Wang happens to be in the head office, can you please talk to him first?"

Shen Lixia felt that since President Wang Xianyao was by her side, she didn't have to go far, and she could talk to President Wang. So, she told Wang Xianyao on the sidelines of the meeting. After listening to Shen Lixia's opinion, Wang Xianyao said to her: "In the afternoon, I will ask Section Chief Xia to come to you and discuss a plan in detail. ”

Shen Lixia agreed.

Hubei Sub-branch originally planned to hold a middle-level cadre meeting in the afternoon to inform the cadre assessment. In the summer, he just came to the president's office to prepare for a meeting, and Wang Xianyao said: "You and Ren Erwei will immediately go to the loss prevention department to discuss the real estate auction opinions of the Royal Dragon Hotel. ”

Summer immediately left the conference room and went to the head office with Ren'er.

In the loss prevention department, Shen Lixia attached great importance to it and attended the meeting in person. Chen Shanshi, Xu Haitao, Xia Xia, and Ren Erwei all expressed their views at the meeting, worrying that after the property is sold cheaply, the remaining loan principal and interest will become dead accounts in the future. At the end of the meeting, the following consensus was reached: 1. The Hubei Sub-branch immediately wrote an official document to notify the people's court that the property should be auctioned at 38 million yuan or 42 million yuan; 2. Considering that the People's Bank itself should also participate in the bidding, the auction deposit of 2.8 million yuan should be handed over to the auction house after consulting the leaders of the bank; 3. Coordination with the court and the auction house should be paid close attention.

After returning to the branch in the summer, he reported to Wang Xianyao, and he did not express any objections. The next day coincided with a Saturday, and Summer took the materials home and wrote quickly:

Limited Express

Citizens Bank Hubei Branch Documents

(1998) Shen Shi Yinhu Han Zi No. 001

Letter regarding the immediate correction of the reserve price of the auction of the Royal Dragon Hotel property

Municipal Intermediate People's Court:

Our bank is the mortgagee of the real estate of Shenzhen Baoan Huanglong International Hotel. After the announcement of the auction of the real estate was reported, the head office of the People's Bank of China and our bank inquired about the auction house and learned that the auction reserve price (starting price) was 14.1 million yuan. This is the data taken from the second valuation report. We believe that this is inappropriate. There are three reasons for this: First, the appraisal report calculated the total value of the property at 38 million yuan according to the general standard, and because the Huanglong Hotel was unwilling to cooperate, no data was obtained in terms of the original purchase and construction price and improvement cost for calculating the enterprise income tax and land appreciation fee, and the appraisal company estimated an amount on the assumption. If the total value of the property is subtracted from this hypothetical fee as the reserve price for the auction, it is detrimental to the interests of the mortgagee and mortgagor. 2. The bidding instructions of the auction house state that the buyer must pay the land price, and the auction house is not responsible for handling the transfer procedures. This is objectively easy to mislead the purchaser that the bid price plus the land premium is the purchase cost of the property. On the other hand, if the buyer pays the seller's "enterprise income tax," it will be in violation of the provisions of the tax law. This leaves room for the parties concerned to argue later. 3. At present, the reserve price of the general auction is roughly determined by the recognized and objective total value of the property, and after the transaction, under the supervision of the people's court, the tax shall be paid in accordance with the law in the transaction proceeds, and the remaining part shall be transferred to the bank to repay the principal and interest as the net value. The starting price method of the Shenzhen real estate auction house to auction the property is unconventional.

In the spirit of safeguarding the legitimate rights and interests of the bank, the borrower and the mortgagor, our bank requires the auction house to immediately correct the proposed auction reserve price of the property of Huanglong Hotel. Our bank proposes to use the total appraised value of 38 million yuan as the auction reserve price (after the transaction, the relevant taxes and fees will be deducted from the transaction price). The Municipal Intermediate People's Court is requested to support it.

I have the honour to write here.

Citizens Bank Hubei Branch (India)

19 January 1998

Cc: Shenzhen Real Estate Auction House

That is, on the date of the payment of the above documents, the summer of the Hubei branch and Xu Haitao of the loss prevention department of the People's Bank of China carried a few documents and a check of 2.8 million yuan, and the first stop was to the enforcement division of the Shenzhen Intermediate People's Court, found the enforcement judge Li Sewen, and officially submitted the above documents to the court for the record. The second stop was to the Shenzhen real estate auction house, copied the documents to the auction house, and took the check of 2.8 million yuan as the auction deposit, completed the bidding procedures of the bank, and prepared to bid. In this way, the way back to selling the property at a low price is blocked, that is, when the Citizens Bank judges that the auction price is lower than the bank's expectations, it can buy the property back by itself.

In the afternoon of the next day, led by Shen Lixia of the head office, Chen Shanshi, Xu Haitao and Chen Jiaojiao, Xia, Ren Erwei and others from Hubei Branch were present.

After the auction began, the auction started at 38 million yuan, and the Shenzhen branch of a state-owned bank had only one road in Huashan, so it was necessary to buy this property so as not to expose the problem of spending more than 10 million yuan to buy an empty building, so it quickly raised a sign. However, Shen Lixia, the top representative of the People's Bank who was present, did not know whether it was because the starting price reached the bottom line negotiated by the head office, or whether she intended to fulfill the state-owned bank, and she did not respond to the bid. Therefore, the property was won by the state-owned bank.

Judging from the general ledger, the cost of purchasing the house before and after the Shenzhen branch of the state-owned bank added up to 48 million yuan, and it did not suffer much loss. What's even better is that through such a toss, the scandal of spending 10 million yuan to buy a fake real estate certificate can be covered up. And Huang Zhonghui is a little suspected of defrauding more than 1,000 yuan, and there is no need to report the fraud case to the snake, so as not to come here without three hundred taels of silver, which will make people amazed. Maybe in a few years, once this building is handed over, it can really increase the bank's investment income by tens of millions of yuan!

"The one who has the last laugh is the one who laughs the best. A few days later, the president of the Shenzhen branch of a state-owned bank saw the confirmation of the auction transaction and said with relief.

No wonder the president of the Shenzhen branch of a state-owned bank was happy and relieved when he saw the confirmation of the auction transaction. The mortgaged property, which was assessed at 78 million yuan (5,324 yuan per square meter) in 1994, was lowered to 38 million yuan (2,594 yuan per square meter) in the blink of an eye, and the take-home price of the Citizens Bank after paying taxes was even lower to 13 million yuan (887 yuan per square meter).

Let's take a look back at the question of whether the idea of "paying debts in kind" in the summer could stand the test of history, and when you look at the story written by Xiao Xiao, it has been ten years since the events happened. In less than ten years from the auction of the property, Shenzhen's real estate, especially the real estate price in the Longhua area, has soared to 30,000 or 40,000 yuan per square meter of construction area, if the 14,650 square meters of real estate in the Huanglong Hotel, which is located in the center of Longhua with a low floor area ratio, will be calculated at a unit price of 30,000 yuan, if the Citizen Bank will pay off the debt in kind as its own and realize it a few years later, it will receive 439.5 million yuan, which is nearly 34 times different from the 13 million yuan received that year. It is conceivable that if the debts had been repaid at that time, it would have been a year of interest rollover, so why worry that the principal and interest of the loans would not be clear, and the banks would not be able to continue to do so? However, in those years, the Citizens' Bank was controlled by a group of officials and fans, and they were consumed by the desire for profit, and only considered the so-called "political performance projects" that were profitable for themselves in the short term, so that the bank could not return from the accumulation of heavy burdens. -- That's a later story. (To be continued.) )