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Research Of Jiangxi XR Real Estate Group Co.,Ltd. Indirect Debt Restructuring

Posted on:2019-07-26Degree:MasterType:Thesis
Country:ChinaCandidate:W ZhangFull Text:PDF
GTID:2429330545465431Subject:Senior Management Business Administration
Abstract/Summary:PDF Full Text Request
With the continuous development of China's market economy,China has gradually promoted the monetization of the real estate market.In particular,with the accelerating development of China's fixed asset investment,China's real estate industry has also achieved synchronous and accelerated development.For real estate companies,the large-scale financing,long project implementation cycle,and slow return of funds have become difficulties for real estate companies' fund management.Jiangxi XR Real Estate Group Co.,Ltd.is a diversified industrial group integrating real estate,hotels,environmental protection,agriculture,finance,and real estate.This article studies the indirect financing of Jiangxi XR Real Estate Group's debt restructuring and uses the indirect financing of Real Estate's debt restructuring as a research case.Through discounted sales of debt,the Group obtains funds for real estate development projects and satisfies the financial needs of Regal Real Estate.This article makes an in-depth study on the feasibility of the indirect financing of real estate debt restructuring of Jiangxi XR Real Estate Group Co.,Ltd.The relevant research findings are as follows:(1)Overall conclusion of the study: Through the analysis of the debtor's prestigious real estate and the Xiangyi Shangcheng project,and through related financial calculation data,it can be known that the HR asset company Jiangsu branch invested RMB 50,000 yuan in discounted acquisition of Yinhai Investment and RMB 128.0 million in Shengyu real estate.The non-performing loans and Yiming Industrial had a non-performing debt restructuring of RMB 373 million for Shengyu Real Estate and the implementation of debt restructuring.The restructuring plan with a reorganization period of 24 months was feasible.(2)Debt restructuring guarantee measures: The mortgaged housing area of the Xiangyi Shangcheng Project in Huaqiao,which is located in Huaqiao,will be pledged,and a pledge guarantee will be provided by 100% equity of Shengyu Real Estate held by Yinying Investment and Yinhai Investment.At the same time,Yinhai Investment,Yiming Industrial,Jiangxi XR Real Estate Group and Jiangxi XR Real Estate Group's actual controller,Wan Yi,provided joint and several liability guarantees.(3)Recommendations for indirect financing of debt restructuring of real estate companies: Real estate companies implement debt restructuring based on the creditor's concession to debt.Only when creditors and debtors reach an agreement can they implement debt restructuring to indirectly finance,so for real estate For enterprises,in the process of implementing debt restructuring,it is necessary to fully consider the credibility of the debtor's own company,the impact of debt restructuring on the control of the company,and the payment methods for debt restructuring.Jiangxi XR Real Estate Group Co.,Ltd.realized the demand for capital for business development by restructuring and optimizing the reputation of Real Estate.At the same time,there are still some deficiencies in the study of this article,and there is no in-depth analysis of the risk management and control of debt restructuring.
Keywords/Search Tags:real estate, financing, debt restructuring
PDF Full Text Request
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