In 2019, China's real estate market entered a period of deep adjustment, and major real estate companies generally faced the problem of tight funds. However, in the predicament of this industry, Country Garden's chairman Yang Huiyan's move to support the company has caused heated public discussions.
Yang Huiyan made a bold statement at an internal meeting of Country Garden, saying that the family would support the company with an attitude of smashing the pot and selling iron. She revealed a shocking figure, that is, the family has supported a total of about HK$41 billion through borrowing, increasing holdings**, buying bonds, and paying dividends on behalf of shares. This is obviously a huge number, which demonstrates the unwavering support and confidence of Yang Huiyan and her family in Country Garden.
However, this is not the first time that the Yeo family has supported Country Garden. According to ** statistics, after Country Garden was listed, the cumulative dividend reached HK $74.7 billion, and the Yang Huiyan family received a lot of HK $42 billion. This means that most of the dividends they receive have flowed back to the company through various means, once again demonstrating the investment and dedication of Yang Huiyan and her family to Country Garden.
At present, whether it is Wanda, Country Garden, or Evergrande, Sunac and other real estate giants, they are all facing a similar problem, that is, lack of funds. The rupture of the capital chain has led to a series of problems, such as housing delivery, arrears of merchants, and repayment of loans from financial institutions. ** Merchants are afraid to advance further funds, consumers are hesitant to buy houses, and financial institutions are also cautious about borrowing. As a result, the crisis further expanded, creating a vicious circle.
The real problem facing this industry is trust. Trust is built on long-term accumulation, but it can also be broken in an instant. With declining consumer and partner trust in the business, it can be difficult for businesses to stay afloat. However, Country Garden's Yang Huiyan's statement at a critical moment injected a shot of confidence into the entire industry.
Family businesses play an important role in China's economy, and are highly regarded for their long-term stability and pursuit of quality. However, family businesses also face unique challenges, especially succession issues and internal governance.
For Country Garden, the voice of Yang Huiyan and her family is undoubtedly a positive signal, which not only sets a clear goal and direction for the company, but also conveys to the outside world the family's great expectations and trust for the future of the company. Family members expressed their investment and support for Country Garden's long-term development by increasing their holdings of ** and purchasing bonds.
Building trust in a family business is not an overnight process, and requires family members to work together, focusing on internal governance and external transparency. As Country Garden's family members have a deep affection and sense of responsibility for the company, they show care and support for the company and its employees through their actions, which helps to build the company's image and credibility.
In the face of the challenges of the real estate industry, the statements and attitudes of major companies are different. By comparing the words and deeds of companies such as Country Garden, Wanda, and Evergrande, we can see the trust building and capital management methods of different enterprises.
Country Garden's Yang Huiyan family expressed their confidence in the development of the company by supporting the company, and actively gave back to the company by borrowing and increasing their holdings. Their statements further strengthened the trust and expectation of the outside world for Country Garden.
Wanda's Wang Jianlin, however, has taken a different approach. He chose to sell part of Wanda Plaza in a recent personal asset adjustment to cope with the company's financial pressure. This practice is undoubtedly to reduce the burden on enterprises, but it has also caused concerns and doubts about Wanda.
Evergrande's Xu Jiayin attended a meeting of investors and made a series of remarks after Evergrande's wealth crash, but his remarks caused some controversy. He claims he can have nothing, but investors cannot. However, Evergrande Wealth has faced a huge funding gap in the past two years, and its ability to repay has been questioned, which has made investors question Xu's statement.
As we all know, the real estate industry is one of the important pillars of China's economy and a key area for social development. However, the current challenges and dilemmas facing the industry cannot be ignored. Problems such as the rupture of the capital chain and the crisis of trust need to be jointly considered and resolved by all parties.
The role of family businesses in the real estate industry cannot be ignored. By comparing the statements and attitudes of different enterprises, we can see that family enterprises have injected more confidence and stability into the development of the company through family resources and family strength. However, family enterprises are also facing the challenges of inheritance and internal governance, and need to pay attention to the construction of governance structures and the standardization of internal management.
In addition, industry regulation and support are also key to solving problems in the real estate industry. By improving the regulatory mechanism and strengthening the capital management and credit evaluation of real estate enterprises, the overall stability and trust of the industry can be effectively improved. ** We should also actively introduce supportive policies to encourage innovation and development, and provide more development opportunities and development space for enterprises.
In the context of the current challenges faced by the real estate industry, the statements and attitudes of family enterprises are of great exemplary significance. Yang Huiyan and her family's support and investment in Country Garden demonstrates the family's sense of responsibility and confidence in the development of the enterprise, and sets an example for the entire industry.
However, the dilemma of the real estate industry is not only a matter of funding, but also a matter of trust, internal governance, etc. Only through all-round efforts and continuous improvement can we solve these problems and achieve the sustainable development of the industry.
Finally, we look forward to the joint efforts of enterprises, enterprises and all sectors of society to jointly promote the healthy development of the real estate industry and achieve stable and sustainable economic development. At the same time, we also expect real estate companies to adhere to integrity and responsibility, actively give back to the society, and make more contributions to the development of the industry.