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A factory building in Hefei, Anhui Province with an assessed value of 130 million yuan was auctioned by the Beijing Xicheng District People's Court with a starting price of 1 yuan, and the final transaction price was only 18,000 yuan.

On August 5, 2024, Anhui local media Da Wan News reported the auction on the JD.com auction platform that day. The huge contrast between the transaction price and the appraisal price attracted widespread attention and criticism.

On August 7, the auction platform deleted all information about the sale. Public information shows that the Xicheng District People's Court said that the court attaches great importance to this incident and is carefully investigating the organizers and will definitely give the public a satisfactory answer.

On August 8, a reporter from The Paper went to Yunfei Road in Hefei High-tech Zone. The building involved in the case is 6 stories high and covers an area of ​​about 5 acres. It is currently a production and office space rented by Anhui Rijing Control Technology Co., Ltd. (hereinafter referred to as Rijing Company).

The factory was previously auctioned off, but now it has been cancelled. What exactly happened?

The appraisal price is 7158 times the transaction price

Starting from July 7, the Xicheng District People's Court of Beijing issued an announcement on the JD Asset Trading Platform. The announcement shows that the Xicheng District People's Court of Beijing will conduct a public sale on the JD.com judicial auction network platform of the Xicheng District People's Court of Beijing from 10:00 on August 2, 2024 (the sale period is 60 days) (excluding the bidding period and delay) (court account name: Xicheng District People's Court of Beijing). The total number of floors of the house is 6, the floors where the assessment object is located are 1-6, the total construction area is 9550.64 square meters, the house structure is reinforced concrete, and the planned use is industrial.