Sou Hu Cai Jing·2025-10-13 02:06Core Viewpoint - Vanke has announced the election of Huang Liping as the new chairman following the resignation of Xin Jie, who has been missing for 23 days. The company emphasizes that this change will not affect the board's operations or daily business activities [1][4]. Group 1: Leadership Changes - Xin Jie resigned from his position as non-executive director and chairman due to personal reasons and will no longer hold any position at Vanke [1]. - Huang Liping, the new chairman, has a strong engineering background and has been involved with Vanke's board since June 2021, which is expected to ensure continuity in governance [9][12]. Group 2: Xin Jie's Background - Xin Jie, born in 1966, had a diverse career spanning various sectors, including real estate and management, before taking on leadership roles at Vanke and Shenzhen Metro Group [5][7]. - He joined Vanke's board in July 2020 and became chairman in October 2023, implementing significant organizational changes during his tenure [8]. Group 3: Financial Support and Challenges - Shenzhen Metro Group, Vanke's largest shareholder, has provided substantial financial support, totaling 25.941 billion yuan in loans at a low interest rate of 2.34% to stabilize Vanke amid ongoing liquidity challenges [13]. - Despite the support, Shenzhen Metro Group reported a revenue decline of 21.67% in the first half of 2025, indicating its own financial pressures [14]. Group 4: Vanke's Performance and Strategy - Vanke achieved a revenue of 105.3 billion yuan in the first half of 2025, with a sales return rate of 100% and a high project turnover rate [15]. - The company has successfully managed to pay off all public debts due in 2023 and has implemented strategies to optimize its existing assets, generating significant cash flow [14][15].