Industrial land "Change Body" commercial residential land net earn 28 million yuan joy 170 million yuan transfer of land to make up the main business

Source: Internet
Author: User
Keywords Puning
This reporter Wang Liyun June 30 Night, the joy of the shares (002348, shares bar) announced that the company will have its own located in the Puning Pool-tailed Street new Village Kwong da North Road West Industrial land transfer to the Puning-hung Jie Sheng Real Estate Development Co., Ltd., the transaction of the transfer price of 170 million yuan.  It is noteworthy that, according to the joy of the shares of the announcement, in order to be able to transfer the land assets successfully, the company has succeeded in "changing" the property of "industrial land" to "commercial residential" by paying the land transfer and related taxes, and the company has profited 28 million yuan in the transfer of the land assets transaction.  In this respect, the company said that through the transaction will be "returned funds", while "further focus on resources to do a good job in the company's main business."  Land use changed body profit 28 million yuan in fact, the general industrial land transfer or auction prices are lower than the commercial residential land, even in the same region, the two land-use rights of the transfer price gap is also very large.  It is worth mentioning that the joy of the shares in the processing company owned Puning Street, New village, Kwong da North Road, the use of industrial land, also encountered such problems. As the joy of the shares in the above announcement, "because the above plots are industrial land, although the Puning Land and mining Trade Center in many ways, but could not find a suitable buyer".  In this context, in order to be able to transfer the land, the joy of the shares said "by the Puning People's government (2013)105 letter of approval agreed to, the company in accordance with the law to pay land transfer and related taxes, the above land use rights to change land uses for other ordinary commodity housing." In addition, according to the above announcement, the current land use area of 83334 square meters, the right to use area of 65046.40 square meters, use has become other ordinary commodity housing, the use of the type of state-owned transfer.  In view of this, there has been no change in the total area of land and the area of use right after this change of use. And according to the relevant announcement of the joy of the shares, as of June 26, 2013, the transfer of the book value of land use is 126 million yuan, and the transfer price is 170 million yuan. In this respect, the company said, "The transaction is expected to complete deduction of the relevant taxes, the company will achieve a profit of about 28 million yuan."  "In view of this, since the land use changed from" Industrial lands "to" commercial housing ", the situation which had been neglected was immediately reversed, not only the land assets were successfully sold, but the" sitting place "net profit was 28 million yuan.  However, more noteworthy is that some analysts told the reporter, the company to deal with land assets is also to replenish cash flow for the company's capital chain blood transfusion, to expand domestic and foreign markets.  Urgent sale of assets to return funds to this, the joy of the shares also admitted, "to revitalize the company's stock assets, improve the financial situation", and the transaction is also "in line with the company strategy", you can "withdraw funds." In fact, according to the above announcement of the joy of the shares, June 20132nd, the Company's fourth session of the Board of directors at the 11th meeting to consider the adoption of the motion on the transfer of land use rights, agreed to the company at a price of not less than 125 million yuan to transfer the company is located in the Puning Street New Village Kwong da North Road West Industrial land use rights. And after the evaluation of securities practitioners in Beijing state-friendly Capital Evaluation Co., Ltd. to evaluate the above plots (the result is 143 million yuan), June 27, the company said, after the Puning Land and Mining Trade Center, the company's board of directors agreed with Puning Hong Jie Sheng Real Estate Development Co., Ltd. signed the  Land Use Rights Transfer Agreement, the above land use right is transferred at 170 million yuan price.  In just one months, the company successfully invigorated the land assets, "returned funds" at the same time also profited 28 million yuan.  In this regard, the high-joy shares that the company's transfer of land use rights is to activate assets, improve the economic efficiency of enterprises, does not involve the company's main business changes, but will "further focus on resources to do a good job in the company's main business."  In fact, in the previous one months, the joy of the shares had issued a notice that, in order to expand the domestic market, the company intends to set up a branch in Shenzhen to develop new business, and this branch will be put into operation capital of 40 million yuan. In addition, the joy of the shares in the first quarter report also admitted that with the continuous development of domestic and foreign markets, the company's rapid expansion of business scale, the need for day-to-day operating liquidity increased significantly. To this end, the company intends to be the remaining super raise funds almost all permanent supplementary liquidity, involving over the amount of funds for 47 million yuan.  As of March 31, 2013, the company also left over 47.4964 million yuan (excluding interest income) for the use of the outstanding arrangements. In this respect, the high-Joy shares said, "with the latest one-year benchmark RMB lending rate of 6% calculation, the supplementary liquidity of 47 million yuan, each year to reduce the interest expenditure of 2.82 million Yuan", which can "improve the efficiency of the company's funds, reduce financial costs, improve business efficiency."
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