Chapter 95 The dispute caused by a building on May 10

If the matter of buying a property cannot be reconciled and unraveled, New Oriental's capital operation chain will be broken to a large extent.Because New Oriental's long-term plan at that time was that after all the housing payments of the Zhongguancun Financial Center were paid, the property rights of this building would belong to New Oriental.Then, New Oriental mortgages its new building as a high-quality asset to the bank, and can easily obtain a loan of about 200 million yuan from the bank.The vast majority of the 200 million yuan will be used in higher education projects that have been planned for a long time. In fact, this amount is New Oriental's biggest financial chip to enter private higher education.

Beijing, the West District of Zhongguancun, is a deliberately rising new landmark. Here, the New Oriental Building is absolutely eye-catching and prominent.It is a unique curved building with a transparent glass curtain wall, showing an undisguised modern commercial atmosphere. Every day, the New Oriental Building is full of people coming and going. As we all know, this is where thousands of students go overseas. palace. In 2004, Yu Minhong bought the New Oriental Building with more than 300 million yuan.The down payment is 110 million yuan, and the subsequent loan principal and interest is nearly 200 million yuan.As soon as the news came out, it aroused the attention of all walks of life.However, that's not all the news.Because of this building, New Oriental was involved in a lawsuit. On August 17, 2004, New Oriental submitted a complaint to the Beijing Higher People's Court, accusing real estate developers of fraud; on August 18, New Oriental held a press conference to inform the media of the situation.

At the press conference, Yu Minhong introduced that on January 18, 2004, New Oriental signed a contract with Beijing Science and Technology Park Real Estate Co., Ltd. (hereinafter referred to as Beike Real Estate), and New Oriental purchased the entire building of Block B, Zhongguancun Financial Center developed by Beike Real Estate. .In the whole sales process of Beike Real Estate, whether it is the purchase proposal, project description manual, display sand table, or oral introduction and video demonstration provided to New Oriental, it clearly pointed out that it is 30 meters away from the northwest corner of Building B of Zhongguancun Financial Center. , planning to build an antique building "Chicken and Duck Tong".The developer has repeatedly emphasized that the building and the 10 hectares of public green space around it constitute the green cultural environment of the core area of ​​Zhongguancun, which is the highlight of "the perfect combination of Chinese traditional culture and modern architectural groups in the west of Zhongguancun".It is precisely because of the landmark status of the Zhongguancun Financial Center and the gimmicks such as "the mutual characteristics of humanities and technology" that the developer has been vigorously promoting, that New Oriental finally decided to spend five to six thousand yuan per square meter higher than the average market price. The price of yuan was purchased for the building.However, on May 16, 2004, New Oriental discovered that eight huge refrigeration towers had appeared at the location where the "Ji Ya Tong" was originally planned to be built.New Oriental believes that the huge noise emitted by the cooling tower will seriously interfere with New Oriental's normal office and teaching. This major change is unacceptable to New Oriental.

During this period, media reports abound, and the title of the report can be described as shocking--New Oriental's 300 million yuan property purchase is locked up, will the capital chain be broken?This much-discussed lawsuit finally ended in court settlement.New Oriental has protected its own rights and interests through legal means and avoided a crisis. Focus on strengthening the legal awareness and risk control capabilities of all employees, make risk and crisis assumptions, classify planning, formulate various risk response plans, and protect their own rights and interests by law.