北京126亿地王，速度慢了

Group 1 - The power dynamics within the board of directors are determined by capital, with the shareholders of the luxury projects being consistent across different companies [3] - A consortium including China Jinmao, Yuexiu Property, and Zhongjian Zhidi acquired a land package for 12.6 billion yuan, which includes three plots in Chaoyang [3][4] - The total construction scale for the two luxury projects, Puyue and Zijingshiyuan, is approximately 11.645 million square meters and 21.56 million square meters respectively [4][5] Group 2 - The competition between Puyue and Zijingshiyuan has led to delays in project timelines, with Puyue taking longer to finalize plans compared to Beijing Shiyuan [8][10] - Both projects are engaged in a "arms race" in terms of quality and design, driven by the desire to create landmark developments [12] - The presence of a kindergarten in Puyue's design has raised concerns about noise and quality, impacting the overall project appeal [13][15] Group 3 - The commercial plot within the land package, located in Sunhe, is significant with a high land price of 641 million yuan, but its future operation remains uncertain [19][22] - The operational management of the commercial project will be handled by a newly established company, Beijing Chaokai Xinyuan Commercial Management Co., which has a different ownership structure compared to the residential projects [22] - Each shareholder has defined responsibilities for the projects: Jinmao and Yuexiu for Puyue, Zhongjian Zhidi for Zijingshiyuan, and Chaoyang Chengkai for the commercial operations [22]