At 10:00 am on May 7, the Heilongjiang Higher People's Court concluded the online judicial auction process for the Huafeng International Mall project "Unfinished Building" with a total of more than 230,000 square meters of real estate and land and a starting price of more than 1.42 billion yuan.

  According to reports, the Huafeng International Mall project owned by Beiya Company was built in 2002 and is located in the enclosed area of ​​Songshan Road, Ganshui Road, Xiangjiang Road and Yushan Road in Nangang District, Harbin, with a construction area of ​​more than 370,000 square meters.

  Since 2006, the Harbin Intermediate People’s Court and the Heilongjiang Provincial Higher People’s Court have accepted 19 cases of the defendant, Beiya Company, with an application for execution of more than 2.3 billion yuan. The application for execution property is the construction and land of Huafeng International Mall. Right to use.

In order to solve the problem of migrant workers' wages, the Harbin two-level courts implemented the auction of more than 140,000 square meters of real estate in Huafeng International Mall, with the subject of more than 1.2 billion yuan of property.

After that, the person applying for execution and the person subject to execution applied to the court for a self-reconciliation.

  After years of unsuccessful reconciliation, the Heilongjiang Provincial Higher People's Court initiated mandatory enforcement procedures in 2016, conducted two mandatory surveys and mappings on the Huafeng International Mall project, and commissioned an evaluation agency to conduct evaluations in accordance with the law.

During the compulsory execution period, relevant parties, third parties, and persons outside the case filed up to 45 execution objections, litigation, and bankruptcy cases surrounding the property being executed. The execution procedures were forced to be suspended and suspended many times.

  On March 30, 2021, the Heilongjiang Provincial Higher People's Court issued an auction announcement on the Internet, and after the expiration of the statutory announcement period, the real estate involved in the case will be auctioned online in accordance with the law.

In the end, Heilongjiang Jianguo Hotel Investment Management Co., Ltd. took over the above-mentioned property at a one-off price.

It marks the successful conclusion of the “unfinished building” case that stands on the bustling section of the Harbin Development Zone, covers the largest area, and has the strongest response from the people.

  (CCTV reporter Guo Xiaoguang)