境内发债平台换帅，华润置地高管密集调整

Core Viewpoint - China Resources Land Holdings Limited has undergone significant management changes, appointing Xu Rong as Chairman and Zhao Wei as the new CFO, amidst pressures on performance and profitability [1][4][6] Management Changes - The company has seen multiple rounds of management changes over the past year, with Xu Rong's appointment as Chairman following his previous roles, including President and Executive Director [1][4][5] - Zhao Wei, with over 20 years of financial management experience within the China Resources system, has been appointed as CFO, indicating a strategic shift in leadership [6][7] Financial Performance - In 2024, China Resources Land reported revenue of 278.799 billion yuan, marking an 11% year-on-year increase, and achieving the highest revenue in five years [1][6] - Despite revenue growth, the company's net profit attributable to shareholders fell to 25.577 billion yuan, an 18.45% decline, representing the lowest profit level in five years [1][6] Strategic Implications - The management reshuffle is seen as a proactive response to operational pressures, aiming to enhance management coordination and resource integration efficiency [5][6] - Analysts suggest that the new leadership may facilitate improved financing strategies, potentially expanding funding channels and reducing costs in a favorable financing environment [7]