The main company of Sanya Phoenix Island, which is invested by China Traffic Construction, faces 18.

China Jiaotong Construction (SH601800, the stock price of 8.97 yuan, a market value of 145.06 billion yuan) disclosed on the evening of June 13, the company's participation company Sanya Phoenix Island International Cruise Port Development Co., Ltd. (hereinafter referred to as Phoenix Island International Cruise Port) The court ruled to accept it.

"Daily Economic News" reporter noticed that Phoenix Island International Cruise Port is the main company of Phoenix Island. Phoenix Island is an artificial island filled out in the sea reef. As of the end of last year, the company's total assets were approximately 5.040 billion yuan, and the total debt was about 18.605 billion yuan.

Phoenix Island main company is applied for reorganization

According to the China Communications Construction Announcement, the company recently received the "Report on the Reorganization of the Company Reorganization of the Sanya Intermediate People's Court" issued by the company's participating company Phoenix Island International Cruise Port. On June 10, Phoenix Island International Cruise Port received the "Civil Ruling Book" delivered by the Intermediate People's Court of Sanya City, Hainan Province. Develop Holdings's application for reorganization of Phoenix Island International Cruise Port (this company).

There are not many people who may know about Phoenix Island International Cruise Port, but when it comes to Sanya Phoenix Island, many people may have heard of it. Many tourists traveling to Sanya will be attracted by five sail -style buildings on the sea. Whether it is on the beach of Sanya Bay or the deer backing scenic area, you can see the buildings of these five buildings. This is the main building of the first phase of the Phoenix Island and one of the famous landmarks of Sanya.

Public information shows that Phoenix Island is an artificial island filled out in the reef. Phoenix Island Planning Super Star Hotel (including hotels and international conference centers), international health and resort centers, villa business clubs, tropical commercial streets, international yacht clubs, Olympic theme parks, and Phoenix Island International Cruise Port and other projects. Phoenix Island has been delivered from the first phase of 2012 to the resort center, and the construction of the second phase of the project began in 2014.

In April 2014, China Communications Construction and Sanya Phoenix Island Investment Group and Sanya Yusheng invested in the signing of the Sanya Phoenix Island project equity restructuring cooperation agreement. According to the agreement, China will acquire 45%of the equity of the Phoenix Island International Cruise Port. At the same time, Sanya Yusheng Investment will grant China Communications Construction in the decision -making power corresponding to 10%of the equity of the Phoenix Island International Cruise Port; Island International Cruise Port acquired 100%equity of Sanya Phoenix Island Development and Sanya Phoenix Island Real Estate.

It is through the above -mentioned equity reorganization that China Communications involved in the follow -up development of the first phase of Phoenix Island and participated in the second phase of the island reclamation, development and operation. "In the future, Phoenix Island will be built into the capital of Asian cruise ships, becoming the top international tourist resort island that integrates catering, entertainment, leisure, vacation, and shopping." This was once said in an article published by China Communications Construction WeChat.

Phoenix Island International Cruise Port Litigation Litigation

According to public reports, Phoenix Island's real estate has reached 160,000 yuan per square meter in a wave of real estate in Hainan property market. However, due to the macro situation, its market popularity has gradually faded since then. In 2013, the new house of Phoenix Island fell to about 70,000 yuan/square meter.

Since then, it has been impacted by Hainan Island's environmental protection storm. Even if there is an intervention of China Construction, Phoenix Island International Cruise Port has not been able to get rid of the predicament. In 2017, the Fourth Environmental Protection Supervision Team of the Central Committee criticized the Phoenix Island. Filling Island caused changes in water flow, and the western coastline of Sanya Bay was eroded. In early January 2018, Phoenix Island was suspended and rectified.

In October 2020, the "Hainan Province Implementation of the Central Third Ecological Environmental Protection Supervision and Report Report Rectification Plan" showed that adjusting the approval document of the waters of the second island of Phoenix Island, removing the artificial island body of Phoenix Island to remove the Cruise Mother Port Pier The reclamation outside the function restores the ecological environment to the maximum extent.

In May 2021, the Hainan Provincial Department of Natural Resources and Planning issued the "Notice on the Using Rights of Using the Used Rights of the Second Phase II of the Sanya Phoenix Island International Cruise Port Phase II" to the Phoenix Island International Cruise Port.

In November 2021, the website of the Hainan Provincial People's Government issued the "Rectification of the Implementation of the Central Ecological Environmental Protection Supervision Inspection and Rectification of the Central Ecological Environmental Protection Inspection" states that it was reviewed by the Sanya Municipal Party Committee and Municipal Government to determine the "Phoenix Island Phase II project and resumed the original state before the construction. All of them were demolished. Later, the function of the cruise mother port and the function of the pier "separated" as the recommended technical solution of the recommended Phoenix Island second phase project.

The project has not been progressing, and the operation of the Phoenix Island International Cruise Port has already fallen into a quagmire. As of the end of 2021, the company's total assets were approximately 5.040 billion yuan, and the total liabilities were about 18.605 billion yuan.

Qixinbao showed that there were more than 30 cases of Phoenix Island International Cruise Port in lawsuits. The reporter saw on the Ali auction platform that due to the implementation of a financial borrowing contract dispute, the Beijing Third Intermediate People's Court will publicly auction the relevant auction of Phoenix Island International Cruise Port in Hexi District, Sanya City from June 15th to 16th. Land use rights and ground houses.

Daily Economic News

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