第一财经网·2025-09-17 10:43Core Viewpoint - Vanke has undergone a significant organizational restructuring aimed at flattening its management structure and enhancing operational efficiency in response to the challenges faced in the real estate industry [2][6][7] Organizational Changes - The new organizational structure includes a headquarters, regional companies, and business units, with the headquarters comprising 11 centers such as the Board Office and Investment Development Center [3] - The restructuring involves the elimination of the Development and Operations Department, transitioning from a "5+2+2" structure to 16 regional companies directly managed by the headquarters, reflecting a shift towards a two-tier management system [5][6] Management Team Adjustments - Key management personnel have been disclosed, including Chairman Xin Jie and several Executive Vice Presidents, with notable changes in roles for various executives [5] - This marks the second major personnel adjustment in 2023, following a significant management overhaul in January when major leadership changes occurred due to the takeover by the major shareholder, Shenzhen Metro Group [6] Financial Performance - In the first half of the year, Vanke reported revenue of 105.32 billion yuan, a year-on-year decline of 26.2%, with a net profit loss of 11.947 billion yuan [6] - Contract sales amounted to 69.11 billion yuan, with a sales area of 5.389 million square meters, reflecting declines of 45.7% and 42.6% respectively [6] Industry Context - Research firm CRIC indicates that Vanke's restructuring is part of a broader trend among real estate companies adapting to an industry downturn, aiming to streamline decision-making and improve market responsiveness [7] - The adjustments in organizational structure are seen as a necessary response to the prevailing challenges in profitability within the real estate sector, with leading firms adopting flatter structures to navigate the current market landscape [7]