Recently, "Ceramic Information" learned from Alibaba Auction Network that the land and above-ground buildings and attachments of Qingyuan Juncheng Ceramics Co., Ltd. located in Yunlong Ceramics Industry Base, Heyun Town, Qingxin District, Qingyuan City will be auctioned as a whole.
Estimated price is 172 million yuan, starting price is 138 million yuan
The auction information released by Alibaba Auction Network shows that the auction objects of Qingyuan Juncheng Ceramics Co., Ltd. include: 237630.5m² of land in the factory area of Qingyuan Juncheng Ceramics Co., Ltd. (including unlicensed land), and above-ground buildings (the total construction area is 133954.21 m²) and 43 attachments and a transformer.
The assessed value of all the above-mentioned objects is 172,699,716 yuan. The bidding will officially start at 10:00 on October 28, with a starting price of 138 million yuan. As of September 29, a total of 172 people have watched the auction information, and 11 people have set reminders, but no one has signed up yet.
It is worth noting that there are many flaws in the auction objects. None of the houses and buildings involved in this auction have obtained real estate certificates, and relevant matters must be understood and resolved by the bidders themselves; there are some unresolved environmental issues at the location of the auction objects, such as hazardous solid waste disposal by the bidders themselves. The property shall be treated harmlessly; there are two irregular leases for the subject of this auction.
Equipment, raw materials, bricks, etc. have been auctioned
The total transaction price is approximately 80.15 million yuan
According to the homepage of the bankruptcy administrator of Qingyuan Juncheng Ceramics Co., Ltd., Qingyuan Juncheng Ceramics Co., Ltd. has previously inspected the ceramic raw materials, all machinery and equipment, hardware items, transportation tools, chemical raw materials, and office equipment stacked in the factory. And a batch of polished bricks, glazed bricks, brick frames, etc. were put up for public auction.
According to rough statistics from "Ceramic Information", the above-mentioned objects have been successfully auctioned, with a total transaction price of approximately 80.15 million yuan.
Among them, a pile of ceramic raw materials in the factory went through 5 auctions, failed 4 times, and were finally successfully auctioned in July 2021 at a price of 4.027792 million yuan. "Ceramic Information" noted that the first auction price of this batch of ceramic raw materials was 7.27 million yuan. In comparison, the transaction price was far lower than the first starting price.
At the same time, all the machinery and equipment, hardware items, transportation tools, chemical raw materials, office equipment, etc. of the factory were successfully auctioned at a price of 72.1013 million yuan after two rounds of auctions.
In addition, a batch of 34,441 600×600mm polished bricks, 151,469 800×800mm glazed bricks and equipment (brick frames) from the factory were also successfully auctioned at a price of 4.0214 million yuan.
Bankrupt in 2019, with debts exceeding 400 million
It is understood that Qingyuan Juncheng Ceramics Co., Ltd. was established in 2009. Due to overcapacity, deteriorating operating conditions and other reasons, it ceased production at the end of 2018, with liabilities exceeding 400 million yuan, and finally applied for bankruptcy liquidation in November 2019.
According to public reports, the factory once owed more than 5 million yuan in wages to 685 workers. At that time, all the land, factory buildings and important machinery and equipment of the factory had been seized, and the remaining 460,000 bricks in the factory were semi-finished products. , exposed to wind and sun, even if it is successfully realized, it is still not enough to pay workers’ wages.
In order to protect the legitimate rights and interests of workers, Qingqing Court once again organized a large number of backbone forces to further verify the company's property. Finally, another batch of semi-finished ceramic tiles in large quantity that had been seized by Foshan Nanhai Court was found in the factory area. Therefore, the responsible judge went to the Nanhai Court many times to request assistance and actively communicated with the creditors of the seized tiles. Finally, with the consent of the creditors, the tiles were liquidated and the workers' wages were successfully paid.
According to data from "Ceramic Information" "2020 Ceramic Industry Long March - National Tile Production Capacity Survey", Qingyuan City, as one of the large-scale building ceramic production areas in Guangdong, has had 6 ceramic companies withdraw from the industry in three years.
Since this year, ceramic companies have been greatly affected by the "dual control" and the market situation is complicated. It is still unknown whether anyone will take over the auction site of Qingyuan Juncheng Ceramics Co., Ltd.
(Article reproduced from Ceramic Information)
