On August 17, the national enterprise credit information publicity system showed that Xu Jiayin no longer serves as the
Evergrande (name)
Chairman of Real Estate, Ke Peng stepped down as general manager, legal representative and other positions, the new chairman, general manager and legal representative is Zhao Changlong, whose other position is
Evergrande (name)
Property Executive Director and Vice Chairman.
Screenshot of the website of the National Enterprise Credit Information Publicity System (NECIS)
Hui Ka Yan steps down
Evergrande (name)
The news of the real estate chairman's audio triggered the financial markets on the
Evergrande (name)
The price shocks in the system's stocks also reflect the external opinion on the news after hearing it.
Evergrande (name)
The outlook is skeptical. However.
Evergrande (name)
The aspect indicates that this change is a normal change after the termination of the shell deep house A back to A shares, does not involve the detailed management structure and changes in equity. Now, Xu Jiayin as China's
Evergrande (name)
Chairman of the Board of Directors of the Group and
Evergrande (name)
The identity of the real estate group's actual controller did not produce a change.
Image source:
Evergrande (name)
Group Official Website
By August 2017
Evergrande (name)
The chairman, general manager and legal entity of the real estate group is Zhao Changlong. Afterwards.
Evergrande (name)
Seeking to return to the A-share market on a shell, the establishment of
Evergrande (name)
Real estate group, the shareholding system reform after the establishment of the board of directors, Xu Jiayin as chairman, is in order to deep housing reorganization of the demand for listing. Now that the shell has been terminated, Xu Jiayin no longer needs to serve as the chairman of the board.
Evergrande (name)
The chairman of the real estate group is now, with Zhao Changlong serving as the company's chairman, general manager and legal entity from the beginning. In addition, Bloomberg recently reported that the recently liquidity-strapped
Evergrande (name)
Having obtained loan extensions from a number of banks, the pressure on the capital chain is expected to be temporarily alleviated.
Peng Bo Sha:
Evergrande (name)
Obtained loan extensions from multiple creditors
Evergrande (name)
The series of changes made by the real estate group and the reaction of the outside world are also reminiscent of the current situation of real estate in China. In August last year, the Ministry of Housing and Construction and the Central Bank convened a meeting of real estate enterprises to put forward three regulatory requirements, commonly known as the "three red lines" - excluding advance receipts, the gearing ratio shall not be greater than 70%, the net gearing ratio shall not be greater than 100%, and the cash-to-short-debt ratio shall not be less than 1 times. According to the number of red lines stepped on, real estate enterprises are divided into green, yellow, orange and red 4 gears. Exactly one year later, after many real estate companies implemented a series of leverage reduction methods, the
China Super League (soccer league)
Fans accidentally found that if you look at the "Top 50 listed real estate enterprises 'three red lines' list" backwards, you can see a lot of understanding of the company's title.
Screenshot from "Globodyne Property Market".
Despite the fact that China's working soccer salon has now neutralized its title, the title of the main financier and title holder has not yet been forgotten by the fans. Of the five red-file real estate companies that exceed all three red lines, four are
China Super League (soccer league)
Salon's parent company. As a model of small business, Fortune's Guangzhou City Salon has had a consistent business strategy over the years. After sending away Xavi, who kept asking for a salary increase, Guangzhou City continued to seek cost-effective, and with new signing Guilherme quickly playing soccer that suited the team's style, Guangzhou City again made "savory dishes to make roast goose flavor". Entering the season with a fourth place result in the Guangzhou tournament
China Super League (soccer league)
The championship bracket, it can be said, is a reward for Canton City's business approach of living within its means.
Huaxia beautiful suffered from the crisis of the broken capital chain for a long time, Hebei team faced with the financial problems has long been no secret. In the face of the predicament, the salon adopted a "broken arm to survive" posture, the beginning of the season sold Toure, Ren Hang, Luo Senwen and other players, the second transfer period, Malcolm and Paulinho two big foreign aid was also sold by the salon. Although the team presents the problem of salary arrears, but the dilemma is to a certain extent stimulate the cohesion of the Hebei team players, in the retention of Yin Hongbo, Wang Qiuming and Zhang Chendong, such as the local core of the basis of the team and through the loan to maintain the fighting force, coupled with the head coach Kim Jong-fu's coaching, the Hebei team in the many external difficulties of the disturbance, actually succeeded in entering the group of the Championship, I am afraid that the performance of the team locker room is still more of the unity. But there is a prerequisite for gritting one's teeth and living a hard life, which is to taste the sweetness after surviving the bitterness. Hebei team team so hard, part of the motivation is to hope that the relevant departments can see the dilemma faced by the team now, early treatment of the livelihood crisis faced by the Hebei team. After all, the players also want to live, a bitter is not a long-term solution.
As for Guangzhou, the parent company surrounding the team
Evergrande (name)
Recently, there have been no shortage of rumors circulating in public opinion. However, the operation of Guangzhou Salon is still smooth. This season, the Guangzhou team has become the reality of the "only out not in", can not return to China's Pagoda combination has returned to the team, Zeng Cheng, Feng Xiaoting, Gao Lin (2020 season to return to the team) and other achievements of the veterans have also been transferred, leaving a group of naturalized players and young players in the leadership of the Cannavaro fight, the Guangzhou team to complete the "all Chinese class" promise, in the country to raise the soldiers, at the same time, the performance is simply in line with the outside world. The Guangzhou team has fulfilled the promise of the "All Chinese Class", and the performance is also in line with the outside world's expectations of them while raising soldiers for the country. However, the Guangzhou team is a lot more low-key than in previous years is also an indisputable reality. Accordingly, the pressure on the shoulders of Kashian is also much smaller.
In contrast, several other saloons, despite varying degrees of financial problems, at least made it to the championship bracket, with the exception of the
Shanghai Shenhua (soccer team)
The reinforcements were not small, but after the first phase they could only enter the
relegate
The group. If we were to compete on paper, Shenhua would have been the best team this season.
China Super League (soccer league)
One of the teams that are quite competitive for the title. Halfway through the first stage, Shenhua's results are not satisfactory, fans all over the world that the old manager Cui Kangxi is too stubborn, unwilling to change, failed to play the team's fighting strength. After a wave of 4 rounds of unbearable, Cui Kangxi left his post, Shenhua but still did not play any game content, and finally by the Beijing
national security
The team is blocked out of the title contenders' group. In a way, Shenhua's reinforcements are not small, but the available new recruits are simply veterans in their 30s. Perhaps according to the league's regular weekly schedule, Shenhua's lineup will be more competitive, but this season's unusually dense schedule maximizes the physical recovery disadvantage of Shenhua's veterans. Now, Shenhua's early fall from grace is a certainty.
And it's easy to see from Shenzhen's reinforcements that they are in a better financial position than the vast majority of the
China Super League (soccer league)
Rivals are stronger. However, it is important to note that the Shenzhen team's strength in the transfer market has also come from the local government departments in the policy and economic support. Now the big situation, still many real estate enterprises are trying to reduce leverage, reduce debt. As a business in the "non-performing assets", soccer salon is not able to appreciate the value of assets, entrepreneurs heart natural rare. Let a person feel a little comfort is that now there is no real estate background of the salon because of financial problems and do "hands off", like when the Suning Salon directly closed, let the players to find their own way out. However, it is certain that the real estate giants under the salon decline is now an indisputable reality.
Now look.
China Super League (soccer league)
The league's "real estate market" has come to an end. Shandong Taishan,
Changchun Yatai (soccer team)
These two national capital background of the salon this season ranked the top of the standings of the two regions, to a large extent, pointed out the development trend of China's work soccer for some time in the future. That is the state capital continues to enter the field, salon equity diversification.
In most of China's work salon equity structure is relatively single background, the holder of the withdrawal of the salon will form a huge impact, difficult to find the next home salon was forced to swallow the bitter fruit of the closure. To this end, the State General Administration of Sports previously issued a report on the development of the entire
national soccer team
The guiding opinions of the construction work of the city of the key points of global development will be in accordance with the principle of "government supervision, enterprise main body, social participation, market operation", to build a pluralistic mode of funding with the participation of state-owned enterprises, private enterprises, social organizations, individuals and other funding bodies. Pilot study salon membership, fund contributions and other forms of equity diversification model. In order to avoid the salon owner to withdraw funds, the team can not find the next home can only close the farce.
