Yangzhou Moon Star Home Investors Acknowledge Funding Difficulties

Yangzhou's Star Plaza is still under construction in recent months.

Since the start of the project in 2012, many owners have bought the right to operate the shops. According to the management contract, the owners can get a certain percentage of revenue every six months after the date of commission.

However, this commitment has been delayed since the end of last year.

"Investors are holding high investment holding groups, there has been a capital crisis."

Yangzhou Moon Star home owner Mr. Qian told reporters.

Subsequently, the project investor Gaoyang holdings admitted that the company did indeed have financial difficulties.

On the afternoon of May 27th, the Yangzhou canal north road "Moon Star Home International Plaza" was in a state of shutdown. The responsible duty guard said that the project had been shut down for some time.

Reporters combing the relevant information found that the project is jointly invested by Gaoyang investment holding group and moon star group.

It is the Yangzhou Bo Run Industrial Development Co., Ltd. of Gaoyang investment holding group.

The chairman of Gaoyang group is Su Yu Feng, and Yangzhou JOYOU home was incorporated in Yangzhou in 2002, and its legal representative is Su Yu Feng.

In the introduction of moon star investment projects, the referrals rarely mentioned bloomen, more focused on the strength and brand effect of Gaoyang group and moon star group.

The owner's representative, Ms Xu, told reporters that there were about more than 1000 people participating in the investment of the monthly star household shops. The total amount of funds was 200 million yuan, and the investment pattern was divided into two kinds, one for the shops with independent property rights, and the other for the management rights.

The former is entrusted with the management of its own shop by the star star management company, with a term of 20 years. The first 3 years do not take the proceeds, and the 17 year's annual income is agreed.

The right to operate investment is the owner of the purchase of the shop management rights entrusted to the management company, for a period of 10 years, the first year annualized yield of 11%, second years for 12%, third years for 14%, fourth years for 15%, fifth years for 16%, 16% to the year of the year, the annual earnings for Party B in accordance with the actual collection of the payment of the first party, and as Party B's market management fees, starting from the time limit for the establishment of a half yearly payment.

Reporter in

As we can see, the investment is signed by the contract for the pfer of interests of the shops on Yuxing International Plaza. Party A is the owner and Party B is "Yangzhou Xin Yue Xing management and Management Co., Ltd.", and the party is the guarantor "Suzhou Gao Yang".

"Since the end of last year, many owners have been unable to get profits."

Owner representative Lv Jun said.

The demand of the employers, the reporter interviewed Gao Yang holding a responsible person, said that due to the industry downturn, the company temporarily has difficulties in capital turnover, has been actively coping with the problem, hoping that owners can give a sufficient time to ease.

According to the "Eleventh principles of the management of commercial housing sales", real estate development enterprises shall not take back the sale or sell the commercial housing in disguised form.

The real estate development enterprises shall not sell the uncompleted commercial housing after the after-sale charter or the disguised after sale charter.

From this we can see that the investment behavior of shops sold by Yue Xing project was suspected of violation.

In addition, the project of high investment and operation is not only Yangzhou's star home.

More than 1000 owners' rights protection incidents also occurred in Suzhou Gaoyang International Plaza invested by Gao Yang holdings.

Owner representative told reporters: from the second half of 2014, Suzhou Gaoyang International Plaza began to default on the owners' income.

Early this year, the Suzhou Park Yong'an Bridge police station involved in the investigation, the project is in a state of shutdown.

According to the head of the Public Security Department of the Suzhou Park, the local police station has received a report from January 2015 and began to sort out the whereabouts of the project.

In March 26th, public security departments began to investigate officially.

At present, local police stations have frozen international land, houses and accounts.

What is the boss Su Yufeng? Who is the chairman of the Klc Holdings Ltd, Su Yufeng, also known as Su Yufeng, Zhejiang Wenzhou people, and vice president of Zhejiang chamber of Commerce in Jiangsu province.

At present, Su Yufeng's steer's helm has high Yang holding group (Hongkong) Co., Zhejiang Gaoyang Holdings Limited, Jiangsu high investment development Co., Ltd., Xinyi New Oriental home Co., Ltd. and more than ten controlling stock companies.

According to the relevant person in charge of Yong'an Bridge police station, Su Yufeng has been monitored for residence since he has already suffered from advanced liver cancer, so he has not yet been arrested.

Public information shows that at present, Su Yu Feng and its associated companies have been involved in many cases of civil credit disputes, and many people have been put on the dock. "Yangzhou Bo Run Industrial Co., Ltd." has been included in the court's "blacklist of trust".

Regarding this matter moon star group how to treat? Reporter has contacted this month star group chairman Ding Hong, its indicated that handles matters, is unable to accept the interview.