BUCID(SH:600266) 2 1 Shi Ji Jing Ji Bao Dao·2025-07-18 07:07Group 1 - Beijing Urban Construction Investment Development Co., Ltd. announced the election of Qi Zhanfeng as the chairman of the board, completing the leadership change with Zou Zhe as the party secretary [2][3] - The company has faced significant financial challenges, with net profit dropping to 640 million yuan in 2021 and reporting a loss of 926 million yuan in 2022 [3][4] - In 2023, the company briefly returned to profitability but reported a loss of 951 million yuan, attributed to declining gross margins, increased asset impairment losses, and reduced investment income [4] Group 2 - The new management team, consisting of Zou Zhe and Qi Zhanfeng, brings a combination of real estate experience and financial expertise, focusing on risk management [7] - The Beijing Urban Construction Group has also undergone leadership changes, with new appointments emphasizing the importance of the real estate sector [6][7] - The management has set goals to enhance real estate development, manage land resources, and ensure financial safety in the industry [7]