According to the Alibaba Asset Platform, all land use rights and projects under construction for the Evergrande Hongqiao International Project under the name of Hongyuan Shengshi Company, located at No. 979 Shenchang Road, Minhang District, Shanghai, will be auctioned for the second time on September 16. The starting price of this auction is about 6.274 billion yuan. The auction assets include land use rights and projects under construction. Among them, Hongyuan Shengshi Company has 2 land use rights registered under the name of Hongyuan Shengshi Company, with a total area of 92,132 square meters. In addition, Hongyuan Shengshi Company developed and built the Evergrande Hongqiao International Project on the aforementioned land. It is located in the Hongqiao core business district, at No. 979 Shenchang Road, Minhang District. The project is divided into two zones A and B. Specifically, Zone A has a total of 8 buildings, with a total area of 14,2457 square meters. Pre-sale permits for commercial housing were applied for in October 2018; Zone B has a total of 5 buildings, with a total area of 12,1361 square meters, and no pre-sale certificate has been applied for. The project was auctioned for the first time on August 31, but since no one bids were placed, the initial auction price was about 7.843 billion yuan.

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