Zhangjiangko property Lessee strange "substitution" rent below market price

Every reporter Wangxia from Shanghai This April 19, Zhangjiangko (600895, shares bar) (600895, closing price 6.47 yuan) released about the wholly-owned subsidiary--Shanghai Zhangjiang integrated circuit Industrial Zone Development Co., Ltd. (hereinafter referred to as the collection of electric companies) and Shanghai Zhangjiang (Group) Co., Ltd. (hereinafter referred to as Zhangjiang Group) signed the "Housing Leasing contract" and related transactions of the notice, marked as Shanghai Pudong East Road, No. 1158th, 3rd Building (Zhangjiang set electric Port 4 phase East Block 3rd building). Oddly, "Daily economic News (blog, Weibo)" Reporters in the above announcement in Shanghai Pudong East Road, No. 1158th, 3rd, the investigation found that the actual office is not the announcement of the tenant Zhang Zhangjiang group, but Zhangjiang high-tech Park Management Committee (hereinafter referred to as the CMC). Reporter further investigation found that the announcement of the relevant leasing contract was signed this April, but last October, the CMC has been settled and office. In addition, the reporter compared to set the rent and sale of electricity in the center of the rent and the announcement of the rental level, found that the rental price lower than the surrounding similar properties. In this respect, the reporter from the day before (July 14) began to interview Zhangjiangko through a variety of ways, including Chairman Chen Gan Kam Telephone no answer to listen to, the company's chief secretary Zhu Yu said he was on vacation not to be interviewed reporters, the reporter will then send a message to the interview points Zhu Yu, since also no response. The reporter finally contacted the Zhangjiang Securities representative, and emailed the interview outline, as of the press time has not received any reply. The actual user and the rental notice does not match this year April 19, Zhangjiangko notice, according to the contract, set the power company agreed to the Shanghai Zhangjiang Group to lease the development zone, 1158th Zhang East Road, 3rd, the 1th to 9th floor and the ground floor of part of the building and its facilities. At the same time, the collection of electricity companies by the Zhangjiang Group commissioned, according to the requirements of Zhangjiang group will be the housing decoration, decoration costs by the Zhangjiang group. Because Zhangjiang Group is a controlling shareholder of the company, the matter constitutes a related transaction. From the specific rental information, leasing area of about 17296 square meters. And in the board resolution notice, Zhangjiangko clearly said, "Zhangjiang group can only be used for daily office use of rented housing, not for other purposes." However, the reporter investigation found that the actual use of rental property is not a tenant of Zhangjiang group, but the CMC. Shoengen, Director of Shanghai Institute of China Hi-tech development zone, told reporters that the nature of CMC is an organ, but the nature of Zhangjiang Group is enterprise. "Zhangjiang group many resources are listed companies, listed companies and the parent company is resource sharing." Data show that by the end of 2012, Zhangjiang group total assets of 47.1 billion yuan, direct investment in 128 companies, including the Zhangjiangko in 1996. It is noteworthy that Zhangjiangko former chairman Ding Lei, as the party secretary of Zhangjiang Group, the general manager also serves as Deputy secretary of the CMC party committee, deputy director. The reporter came to the announcement of the address of 1158th East Road, No. 3rd Building, found hereThe actual office is the CMC, including the entry and exit of public security, taxation, talent, industry and commerce and other administrative work. It is not known whether the Zhangjiang Group has sublet the office building and what kind of agreement the CMC has. The reporter has repeatedly called Zhangjiang Group party secretary, general manager Chen Gan Kam Telephone, but no answer. People close to Zhangjiangko told the Daily economic news reporter that the reason is that Zhangjiang group and listed companies have the associated transaction, is the CMC to circumvent the relevant provisions. "Therefore, in the name of Zhangjiang Group as a signatory, and Zhangjiangko signed a linked transaction of the" Housing Leasing contract "and the board of directors in the form of public disclosure of the capital market. "And for this behavior of the Zhangjiang group, securities lawyer Mr Yan in an interview, said that from the statement of the Board resolution Bulletin, it is generally possible to think that Zhangjiang group is used for their own office, also can not sublet out. "Therefore, from the actual user today, it is obvious that there is no office, it may be objectively sublet." "CMC prior to the six months in advance not only that, the reporter further investigation found that the actual time of the CMC is also with the announcement content there is a great discrepancy." In Zhangjiangko's April 19 announcement, the company said the relevant transaction was valid for the signing date of the lease contract, April 19, 2014. The lease is valid from April 17, 2014 to April 16, 2017, and the contract shall take effect from the date of signature of both parties. But reporter investigation learned that the actual user of the Property Management Committee in the October 8, 2013 has been officially checked in and external office. "Daily economic news," a reporter looked at the CMC official website Zhangjiang Online discovery, one of the introduction said, "October, the CMC moved to the new comprehensive Service building, the implementation of the front desk approval and background services in the physical space integration." "And, last October, a number of media also reported the overall relocation of the Zhangjiang Administration Center news." This fact was also confirmed by different sources, with the advisory staff of the CMC Consulting office confirming the move to the new office building last October 8, in response to a press consultation. In addition, a Hong Kong leasing center staff also confirmed to reporters that the building last October to obtain title certificate, "CMC was last October came in." "In this way, the validity of the contract in the notice differs from the actual occupancy time of the real User Management Committee of the target House for more than half a year." Why was the CMC settled in the contract six months ago? What's going on between the programs? There is no response to the Zhangjiangko of the journalists ' questions. In addition, the aforementioned sources told reporters that in this period of six months long, the company did not receive any rent. In this respect, Zhangjiang group did not respond to reporters. In the reporter's survey, the rental sales center staff told reporters, for the 3rd Building Company is the whole house for rent. "We built this project when we agreed to give them (CMC), but the specific price do not know, they are our developers (Zhangjiangko) Mister signed the Agreement,The process of walking is not the same as our usual process. "At the beginning of this month, the daily economic news reporter once reported that Zhangjiangko to the public rights issue of the project eventually turned into a public welfare project, the company issued a clarification announcement, although the project on how the loss of the explanation, but did not explain why the original allotment project into public welfare projects. Rental prices below market prices from the transaction price, the announcement shows that the lease area of about 17296 square meters, rental housing monthly rent of 131521.67 yuan, to this calculation, rental price of 2.534 yuan/square meters/day. In addition, the notice stated that, as from April 17, 2017 to April 16, 2019, the base rent of the leased premises could be adjusted on the basis of the previous issue, and the specific amount would be determined by mutual consultation, but the adjustment would not exceed 15% per cent of the benchmark rent in the previous period. For the renovation, the collection company has been commissioned by Zhangjiang Group, according to the requirements of Zhangjiang group to decorate the house. The total decoration is tentatively 24 million yuan (final report of the audited Project final account), which is assumed by Zhangjiang group. In the announcement, Zhangjiangko made it clear that the Zhangjiang group leased the company's property belongs to the company's normal business scope, market fair price as the basis for trading. Shoengen told reporters, generally, rental to general enterprises generally to the market price, but if it is well-known enterprises, taking into account the follow-up resources, taxes and so on, the price may be a little lower. "But if it is rented to the agency, it should be the market price." If there is a support relationship, it is another algorithm. "The survey learned that the building standards are based on the highest level of environmental protection building in the United States Platinum (LEED standard)-level design and completed construction, however, the price of the transaction is still in accordance with the daily associated transaction price of Zhangjiang Group and the collection company to determine and contract, in many people's opinion, the transaction price is unfair. Reporters in the name of consultation to the collection of electric port rental center, one of the staff to the "Daily economic news" Reporter said that the current Zhangjiang set 4 East Block 1th Building and 2nd building is still in the lease sale period and now the enterprises are not many. Judging from the price that the person offers to the journalist, one of the full decoration and decoration standards higher 1th building price is relatively expensive for 3.8 yuan/square meters/days, no renovation of the 2nd building price is 3.2 yuan/square meters/days, so it seems that 2.5 yuan/square meters/day prices far below the market price. For the CMC has been stationed in the Office of Building 3rd, the person said, because the process of the project go with the ordinary business leasing is not the same, do not know the specific rent is how much. "That is, sublet should also be a reasonable rental price, should not be lower than the market average price." Mr Yan told the Daily Economic news reporter, "if the late lease price is too low, it is not normal business behavior, it is a disguised form of interest delivery." "Former independent director: Don't remember the reporter noted that for the rental of the property, the original announcement is described:" This House leasing matters have been five sessions of the company board of Directors to consider the adoption of the relevant directorsEvaded the vote on the matter. The company's independent director of the leasing issue has been recognized in advance, that the Zhangjiang group leased power company property related transactions are open, fair and impartial, there is no damage to the company and all shareholders, especially the interests of small and medium-sized shareholders. "1, in the voting of the motion, the relevant director Chen Gangin and Peng evaded the voting, the voting procedure is lawful and effective; 2, the Zhangjiang group leased power Company Property belongs to the company's normal business scope, to market fair price as the basis for trading, the related transactions are open, fair and impartial, There is no case that damages the interests of the company and all shareholders, especially the small and medium shareholders. "The reporter yesterday contacted this matter to Zhangjiang independent director of the Zhou Jun (Zhangjiang Hi-tech data show the current Shanghai Real Estate (Group) Co., Ltd. Capital Management manager), Zhou Jun said" do not remember. Earlier, Zhangjiangko in response to the daily economic news, "market recruitment," the departure of general manager Gu Yiwei Zhangjiangko governance controversy, said "the company's five board of directors and independent director of diligence."