Wu Xiangdong used to be a powerful boss in the real estate industry, and he had multiple labels: "soul", "god", and "fierce man". Wu Xiangdong, born in July 1967, holds a bachelor's degree in engineering mechanics from the Department of Civil Engineering of Tsinghua University, a master's degree in municipal engineering from the Department of Civil Engineering of Tsinghua University, and a master's degree in business administration from the University of San Francisco.
He joined China Resources Group in 1993 and has successively served as Executive Deputy General Manager, Managing Director and Chairman of the Board of Directors of China Resources Land.
He joined China Fortune in February 2019 and served as the co-chairman and CEO of China Fortune Foundation Co., Ltd.
In April 2022, China Fortune announced that Wu Xiangdong, co-chairman, director, member of the strategy committee and CEO and president of China Fortune, resigned from relevant positions.
|Leave with his subordinates from China Resources Land
During the period of China Resources, Wu Xiangdong single-handedly built the MixC City, which made it famous, and this phenomenal benchmark project also added a lot of weight to Wu Xiangdong's advancement in China Resources.
Wu Xiangdong has been in China Resources for 25 years, and with his strong strength and ability from the grassroots level, he finally became the chairman of the board of directors of China Resources Land.
Wu Xiangdong has a strong personal charm and influence, so much so that when he resigned from China Resources Group, he openly poached the senior executives of China Resources Land.
As Wu Xiangdong said in his farewell letterToday, I would like to advise you not to leave China Resources lightly! Unless there are too many excellent people, heroes are useless, or for some reason they have become "angry bags" and are unhappy at work, then you can consider leaving; And if you really want to leave, I warmly welcome you to come from the liberated areas to the new base areas under my leadership, as long as you do not think that the situation is small, the conditions are poor, and the wages are low.
This parting letter was also presented at the annual meeting of China Resources.
A former employee of China Resources said that as soon as these words came out, the atmosphere at the scene was extremely embarrassing.
After that, CR Land only gave an understatement: "I sincerely thank Wu Xiangdong for his contribution to the company." ”
|Leave with his subordinates from Huaxia Happiness
After Wu Xiangdong took up the new post of China Fortune Foundation, he brought a wave of former middle and high-level cadres of China Resources Land, including: the former senior vice president and chief financial officer of China Resources LandYu Jian, former general manager of commercial real estate division of China Resources LandZhao WeiFormer Deputy General Manager of China Resources Land South ChinaLiu Rong, former general manager of China Resources Land South ChinaWang laughedFormer Deputy General Manager of China Resources Land South ChinaZhao Rong, former general manager of China Resources Land (Ganzhou).Gao YongdongWait a minute.
One of several possible factors for Wu Xiangdong to choose Huaxia Fortune Foundation: 1. Ping An's introduction; 2. High remuneration.
Take salary, for exampleHuaxia Happiness gave Wu Xiangdong an annual salary of 3868930,000 yuan, the highest salary Wu Xiangdong received before leaving CR Land was 12.58 million yuan in 2018. Yu Jian, who jumped to Huaxia Happiness together, has an annual salary of 2899950,000 yuan.
With the decline of the general environment, Wu Xiangdong and Yu Jian can still receive high salaries, respectively, in 202023.32 million yuan and 19.64 million yuan, and the salaries of the two ranked among the top 2 executives of China Fortune.
Therefore, when he followed Wu Xiangdong to jump ship to Huaxia Happiness's subordinates, the salary was not low, but the salary was raised.
Although Ping An of China has invested heavily in Huaxia Fortune, there are also star managers like Wu Xiangdong**.
However, Huaxia Happiness has accumulated too many ills and embarked on the road of thunderstorms.
So much so that Wu Xiangdong and his subordinates had to start over again.
And on this trip to China's happiness, Wu Xiangdong and his subordinates began to part ways.
|Entrepreneurship and job hopping
At the beginning, it was rumored in the market that when Wu Xiangdong withdrew from Huaxia Happiness, he might lead the crowd to join the Pengrui Group. There were all kinds of rumors at the time.
But the final version is:
1. Some of the old subordinates followed Wu Xiangdong to start a business.
2. Some of the old subordinates went to the Pengrui Group.
3. Some of the old subordinates went to Huafa Real Estate.
Let's talk about Wu Xiangdong's entrepreneurship first.
On October 20, 2020, Wu Xiangdong registered and established the Shanghai World Laureates Development Association, with a registered capital of 5 million yuan, and the legal representative is Wu Xiangdong. The business scope includes funding cutting-edge scientific research, academic exchanges and cooperation with top scientists, training of young scientists, editing and publishing materials and other public welfare projects.
Although Wu Xiangdong started his own business, he is also inextricably linked with Pengrui Group, and Wu Xiangdong and Pengrui's boss Xu Hang are both brothers and sisters of Tsinghua University.
Moreover,Shenzhen Pengrui Public Welfare Association donated a full 1 billion yuan to the Shanghai World Laureates Development Association
The initiator of Shanghai Dingke Development Association is the World Laureates Association. The World Laureates Association is the controlling shareholder of Shanghai Nuogang Science Group, and Wu Xiangdong is the chairman of Shanghai Nuogang Science Group. In addition, China Fortune (Shenzhen) Operation and Management holds 20% of the shares of Shanghai Nuogang Science Group, ranking as the second largest shareholder. Two months after the donation ceremonyShenzhen Pengrui Development Holding Group and Shanghai Nuogang Science Group established Shanghai Dingke Pengrui Technology DevelopmentThe registered capital is 100 million yuan, and the two parties hold 95% and 5% of the shares respectively.
This joint venture company has only been established for half a month, and it has been established for 17With a total price of 3.8 billion yuan, it won the land plot of Shanghai Pengrui Yunjing Bay project.
The site has relatively stringent additional conditions, such as the introduction of the world's top scientist named laboratory, to ensure the scientific research space needs of top scientists, and to create a world-class source of major cutting-edge science in the new era. These conditions are in line with the Pengrui Group.
Besides, Wu Xiangdong's other subordinates went to real estate companies such as Pengrui and Huafa.
Previously, when Pengrui Group took over the urban renewal business from Huaxia Fortune, more than 100 employees jumped ship from Huaxia Fortune to Pengrui Group. Among them,Zhao Rong is the Senior Vice President of Perennial Group and the Chairman of Perennial Urban Development
In February 2023, according to Tianyancha,Chairman Zhao Rong has withdrawn from Pengrui (Shenzhen) Urban Development, and Zheng Jiefen has been added as chairmanZheng Jiefen was also the vice president of China Fortune's southern headquarters
However, in August 2022, it was rumored in the market that Perennial Group had launched a layoff plan for urban renewal, with a layoff rate of 20-30%, and most of the layoffs were former employees of China Fortune.
Of course, this is not corroborated either.
In addition,Some of Wu Xiangdong's subordinates went to Huafa Joint Stock Company. For example, Zhao Rong once served as the co-general manager of the Shenzhen company of Huafa Co., Ltd. in South China, and Huang Yuanchao served as the executive deputy general manager of the Shenzhen company of Huafa Co., Ltd. in South China。After that, Huafa Co., Ltd. poached Li Ting, the former general manager of China Overseas Real Estate Shenzhen Company and partner of Vanke Southern Region, and served as the general manager of Huafa Co., Ltd. Shenzhen Branch in South China.
It is reported that Li Ting joined Hou, general manager of Huafa Shenzhen Company, and Zhao Rong has resigned. In summary, the subordinates who once followed Wu Xiangdong's expedition either continued to follow the boss to start a business, or chose to jump ship and work in other companies. According to relevant sources, a small number of people have returned to China Resources Land because of their old feelings.