Recently,TianjinPropertyRightsExchangeCenterputouttheinformationplatformforanoticeofmunicipalstate-ownedenterprisesinTianjinInvestmentCo.,Ltd.hasdecidedtoholdthepropertyofNanjingCo.,Ltd.Sunco70%publicstakeinthetransferoflistingprice7000.Withregardtothespecificintenttotransfer,thetransferorTianjinmunicipalinvestmentcompanyexplainedtothereporters"Thisisnormalmarketbehavior",nomoreresponse.However,aninformedsource,NanjingSuncoSinceitsinception,thechainhasbeenstrainedbyfinancialproblems,lackofprojectreserves;now,thedevelopmentofmajorprojects-AustriancityofNanjing,Riversideandcomingtoanend,weakfollow-up;Tianjinmunicipalinvestmentcompanylayoutadjustmentforinvestmentconsiderations,decidedtowithdrawfromSuncoNanjing.FornewshareholderscitedAccordingtoinformedsources,theTianjinmunicipalinvestmentslistedonthetransferofownershipofNanjingSunco,ontheotherhandtheanalysisistoNanjingSuncotheintroductionofnewinvestorsandmanagementteam,andaccesstonewreservesoflandandprojectstoachievesustainable.Atpresent,thedevelopmentofNanjing,theonlyitemSuncoAustriancityofRiversidetodeliver3isnearingcompletion,therefore,urgentlyneededfundstoenterthefollow-upandnewdevelopmentprojects.StatisticsshowthatSuncoinNanjinginNovember2003AustriancityofRiversidemadetheprojectland,thelandtransferpaymentsto653millionyuan.Theprojectcoversanareaof180,000squaremeters,constructionareaof290,000squaremeters,isexpectedtoincluderesidentialandcommercialhousingunits2072.Thefirstphaseoftheprojectthesecondphaseof478unitsand388unitsopenedin2004,isalreadysoldout;thethirdlargestareaofconstruction,thereare700housingunits,mainlyintheintroductionin2006;atpresentthevastmajorityhavebeenexhausted.Finally,thefourthpartofthatproject,constructionareaof6,about70,000squaremeters,becauseoffundingproblems,sincethereisnoaudio.April2006,TianjinBrothersGroupfinancialrecordSuncohasannouncedtheacquisitionofNanjing,andtoinjectmorecapitalforitsrealestateprojects.However,theequitybetweenthemeventuallysettledtransactions.Groupfinancialrecordintheacceptanceofatelephoneinterviewwithourreporterconfirmedthat"Atpresent,theGroupfinancialrecordonlyinTianjin,ChongqingandBeijinghaveprojects."FundingchaintensionInfact,theNanjingOlympicSuncoRiversideinthedevelopmentoftheprojectduringthecity'sproblemoftightfundinghaslongbeenintheindustryisnotnews.Butinfact,asafinancialhitoneoftheshareholdersoftheGroup,Tianjin,NanjingmunicipalinvestmentSuncoWhite,too,doesnotsolvetheplightofNanjing,capitalofSunco.IndustryexpertspointoutthatthisislikelytobeaffectedbytheoverallfundingSuncochainproblems.StatisticsshowthatinthecapitalofNanjingSuncoisnotwell-off,becausetheexistenceofseveralcompaniesandtherelationshipbetweenclaimsandliabilities,hashadtouseitsownpartofNanjingCityCommercialRiversideAustriaandsupporting191millionyuanofpropertypricefortherelatedpartiestopaydebts.InlateApril2007,NanjingSuncoalsobecauseofarrearsofmorethan3,000millionproject,constructionintheNanjingareaofclean-upprojects,andmigrantworkersowedwagestodealwiththeLeadingGroupOfficeinforme