Yang Huiyan, chairman of the board of directors of Country Garden Group, recently made it clear at the company's monthly group management meeting that despite the current challenges in the real estate market, Country Garden has never considered the option of "lying flat". Instead, Yeo highlighted the company's strong determination and action, as well as clear strategies and measures aimed at ensuring stable operations and project delivery for the company to navigate through market cycles. Country Garden has delivered more than 600,000 homes in 2023, covering 249 cities in 31 provinces across the country, and in 2024, the company expects to deliver more than 480,000 units.
Yang Huiyan also mentioned that although Country Garden's current resources are sufficient to ensure the delivery of houses this year, the problem and challenge lies in the mismatch of time and space. Therefore, companies need to cherish the use of resources and wait for the market to pick up. In addition, Mo Bin, President of Country Garden Group, emphasized the importance of orderly resumption of work, and Country Garden's projects in Guangdong, Shandong, Hubei, Shaanxi, Guangxi and other places are resuming work one after another.
It is worth mentioning that Country Garden has also recently received policy support. As of March 3, 2024, Country Garden Group has 217 projects included in the "white list" of real estate financing, a significant increase in the number of projects, and some projects have been approved by banks for loans. This policy support is expected to provide more support for the company's related projects, help promote the delivery of guarantees, revitalize assets, and enhance the sustainable operation ability of the project.
Yang Huiyan finally stressed that although the activity of the market demand side may not recover quickly, the easing policy of the first market provides some support for the market. The company needs to actively strive for the support of ** and financial institutions to form a closed loop of funds, so as to ensure delivery and operation. Country Garden and its team have shown such a firm attitude and positive response strategy, which has been recognized by the market and has also provided a solid foundation for the company's future development. At the monthly group management meeting of Country Garden Group, Yang Huiyan's firm determination and positive attitude undoubtedly brought confidence and motivation to all employees. She emphasized not only Country Garden's stable operation and project delivery, but also a deep understanding of market cycles and coping strategies. In the face of the current challenges in the real estate market, Country Garden chooses to respond positively, rather than choosing to "lie flat", and this determination and action are the key to the company's ability to navigate through the market cycle.
For Country Garden, the cumulative delivery of more than 600,000 houses in 2023 is not only the best proof of the company's strength and ability, but also won the company's recognition and trust in the market. In 2024, the company expects to deliver more than 480,000 sets, and the realization of this goal requires the joint efforts and dedication of all employees of the company. At the same time, Yang Huiyan also mentioned the misallocation of resources and time and space, which requires the company to cherish the use of resources more, improve efficiency and effectiveness, and ensure the smooth progress and delivery of the project.
Mo Bin's emphasis on the importance of orderly resumption of work also shows that Country Garden attaches great importance to the promotion of the project. While projects in many places are resuming work one after another, the company also needs to ensure the quality and safety of the projects and provide a better living experience for the owners. The significant increase in the number of projects included in the "white list" of real estate financing, as well as the approval of existing projects by banks for loans, have provided more financial support for Country Garden, which will help promote the guarantee of delivery, revitalize assets, and enhance the sustainable operation ability of the project.
The easing policy has provided some support for the market and provided development opportunities for real estate companies such as Country Garden. In this context, Country Garden needs to actively strive for the support of ** and financial institutions to form a closed loop of funds, so as to ensure delivery and operation. This positive response strategy and firm attitude have not only been recognized by the market and the market, but also provided a solid foundation for the company's future development.
Overall, Country Garden has shown firm determination and proactive response strategies in the face of market challenges. From ensuring stable operations and project delivery, to securing policy and financial support, to improving efficiency and effectiveness, every step reflects the company's strength and wisdom. In the future development, Country Garden will continue to maintain this attitude and strategy, actively respond to market changes, provide better products and services for owners and customers, and achieve sustainable development of the company.
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