Mei Ri Jing Ji Xin Wen·2025-10-13 02:40Core Viewpoint - Vanke has appointed Huang Liping as the new chairman, succeeding Xin Jie, who resigned for personal reasons. This leadership change is expected to ensure continuity and stability within the company amid ongoing reforms and challenges [3][5]. Group 1: Leadership Transition - Huang Liping, previously a board member and familiar with the company, is seen as a stabilizing force for Vanke's ongoing reforms [3]. - Xin Jie, who recently stepped down, had been in a low-profile role since becoming chairman and had only made a public appearance in August [5]. - Huang Liping has been with Shenzhen Metro Group for several years and has served on Vanke's board since June 2021 [6]. Group 2: Company Performance and Support - Vanke has faced significant challenges in 2025, with a reported revenue of 105.32 billion yuan, a decrease of 26.2% year-on-year, and a net loss of 11.947 billion yuan, down 21.3% [14]. - Shenzhen Metro Group has actively supported Vanke financially, providing shareholder loans nine times this year, contributing to Vanke's liquidity [14]. - Vanke has successfully completed the repayment of 24.39 billion yuan in public debt and has no foreign public debt maturing before 2027 [14].