The selling price of the building was only more than 160 yuan per square meter! In 2007, Gaozhou Finance Bureau of Maoming City in Guangdong Province sold a property with a floor area of more than 1800 square meters, which it had obtained as debt compensation, for more than 300,000 yuan, resulting in a loss of more than 400,000 yuan. After learning about this matter, the former owner of the building found that the purchaser of the property was the younger brother of a leader of a subordinate unit of Gaozhou Finance Bureau.
On April 27, an online post titled "Pics tell the truth: after Sinopec's extravagantly priced wine, there appeared finance bureau's dirt-cheap housing" drew wide attention from Internet users. The post said that a building with a floor area of more than 1800 square meters in Shigu Town of Gaozhou City was "dirt-cheap sold" by Gaozhou Finance Bureau to Feng Jinxing, who was the younger brother of the director of the finance office of Shigu Town, for more than 300,000 yuan, and the price was only more than 160 yuan per square meter.