Mei Ri Jing Ji Xin Wen·2025-10-13 02:42Core 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 as it navigates ongoing reforms and challenges [2][4]. Group 1: Leadership Transition - Huang Liping, previously a board member and general manager of Shenzhen Metro Group, has been elected as Vanke's chairman, which is seen as beneficial for the company's ongoing reforms [2][4]. - Xin Jie, who recently stepped down, had been in a low-profile role since taking over as chairman in early 2025 and had only made a public appearance in August [4][6]. Group 2: Company Performance and Support - Vanke has been making steady progress in its reforms with support from various stakeholders, including Shenzhen Metro Group and financial institutions, achieving stability in its workforce, finances, and operations despite multiple challenges [2][4]. - As of mid-2025, Vanke reported a revenue of 105.32 billion yuan, a year-on-year decline of 26.2%, and a net loss of 11.947 billion yuan, down 21.3% from the previous year [14]. - Shenzhen Metro Group has provided significant financial support to Vanke, including multiple shareholder loans, to help the company manage its liquidity and financial obligations [14].