Core Viewpoint - Kins Technology Co., Ltd. has officially completed its twelfth board of directors election on October 16, marking a new phase after its bankruptcy restructuring plan involving a debt scale of 147 billion yuan and over 8,400 creditors [1][2]. Group 1: Management Changes - The new management team includes Guo Wei as Chairman, President, and Deputy Secretary of the Party Committee, Wang Xiaoqing as Vice Chairman, and Zhou Da as Co-President [1][4]. - The board consists of experienced professionals from various fields such as real estate development, asset management, and equity investment, indicating a diversified and specialized structure [5][9]. - Guo Wei, the new leader, has extensive experience in complex asset disposal, which will support the company's business development [6][9]. Group 2: Strategic Restructuring - Kins Technology is the first publicly listed real estate company in China to resolve over 100 billion yuan in debt through judicial restructuring [3]. - The new board and management team aim to implement a strategic transformation, focusing on four major business segments: investment management, development services, operational management, and special assets [9]. - The restructuring process involves collaboration with strategic investors, including Shanghai Pinqi and China Great Wall Asset, to reallocate resources effectively [6][9]. Group 3: Key Appointments - Ma Weihua has been appointed as the Party Secretary and Honorary Chairman, while Feng Lun will serve as the Chairman of the Expert Advisory Committee [8]. - Both Ma Weihua and Feng Lun bring significant industry experience and management capabilities, which are expected to guide the company's strategic direction and operational performance [8][9]. Group 4: Market Challenges - The new management faces the challenge of revitalizing existing assets and balancing traditional development with emerging operational management amidst a still-adjusting real estate market [9].
金科股份高层大换血,资产处置高手郭伟“挂帅”
