Is there a possibility of resuming work on this well-known building in Shaoxing?


Recently, the 2nd edition of the Workers’ Daily published a notice from the People’s Court of Yuecheng District, Shaoxing City.

The court is scheduled to hold the first creditors’ meeting in the form of web conference at 9:30 on June 9, 2023, through the WeChat applet “Breaking Chestnut”.

Previously, it was mentioned in the column of “unfinished building” disposal in the List of Infrastructure Improvement Actions for the 2021 Cross city Asian Games Cities released on the website of the People’s Government of Yuecheng District, which will promote the work of Shangdu Center and the Global International Center, and ensure that they will start before the Asian Games.

Subsequently, Yueniu News contacted Lawyer Lin, who served as one of the aforementioned managers, regarding this matter.

However, due to problems with the developer, the project has been suspended until now.

Bubble Panel Pad

Shaoxing E-Net 14 also means that the “Twin Towers” in Yuecheng District, which have been silent for many years, have finally taken on new actions.

Creditors of Global Group should declare their claims online through the WeChat mini program “Po Li Zi” platform before May 29, 2023 (inclusive).

on April 10, 2023 according to the application of the creditor, Ningbo Free Trade Zone Yuke Robust Investment Partnership (limited partnership), and appointed Zhejiang Zhiren Law Firm, Zhejiang Zhenbang Law Firm and Shaoxing Tianyuan Certified Public Accountants Co., Ltd.

As for the issue of “where to go for the Shimao Twin Towers” that everyone is concerned about, Lawyer Lin also stated that the asset disposal process will be carried out at the creditors’ meeting, and it will be handled in a way that is beneficial to creditors.

“It is possible to resume construction or demolish and build new buildings.” It is understood that the “Twin Towers” of Shaoxing Shimao are located on the Didang B2 plot, consisting of two 41 story twin towers, with a height of 210.8 meters and a total construction area of 177000 square meters.

According to the announcement, debtors or property holders of Global Group shall pay off debts or deliver property to the administrator.

Lawyer Lin stated that the process of debt statistics and asset liquidation is currently underway.

(joint manager) as the managers on the same day.

According to the content, the court decided to accept the bankruptcy liquidation case of Zhejiang Universal Real Estate Group Co., Ltd.

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The original plan was to be completed in 2014 and put into operation by 2015 at the latest.

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