Guo Ji Jin Rong Bao·2026-01-08 13:35Core Viewpoint - Yu Liang has officially resigned from his positions as a director and executive vice president of Vanke due to retirement, marking the end of his 35-year career with the company [2][15]. Group 1: Resignation Details - Yu Liang submitted his resignation letter to the board, effective immediately, and will no longer hold any position within the company [2]. - As of the resignation date, Yu Liang held 7,394,945 shares of Vanke, valued at over 36 million yuan based on the closing price [3]. Group 2: Career Overview - Yu Liang joined Vanke in 1990, shortly after its establishment, and played a crucial role in its early expansion and capital market entry [4]. - He was instrumental in Vanke's first B-share issuance in 1993, raising 450 million Hong Kong dollars, which solidified the company's financial foundation [4]. - His involvement in the "Junwan Battle" in 1994 helped secure management control for Vanke, leading to his entry into the board of directors [4][5]. Group 3: Leadership and Achievements - After becoming the general manager in 2001, Yu Liang led Vanke to significant sales growth, with revenue increasing from 6.3 billion yuan in 2001 to over 529.9 billion yuan in 2017, making it the industry leader [5]. - Under his leadership, Vanke transitioned from a single residential developer to a diversified "urban service provider," focusing on logistics, commercial, and long-term rental apartments [7]. Group 4: Challenges and Strategic Shifts - The real estate industry faced downturns post-2020, putting pressure on Vanke's operations [9]. - In 2025, Vanke encountered liquidity issues, prompting major changes in leadership and strategy, including a focus on risk mitigation and operational efficiency [10][11]. - Yu Liang's final public statements emphasized the need for the company to adapt and survive in challenging market conditions, marking a critical juncture for Vanke [13][14].