On December 8th, Country Garden (02007.HK) held an internal monthly management meeting.At the At the meeting, the chairman of the board of directors Yang Huiyan said that the company has three major tasks in the next 12 months: guarantee delivery, guarantee operation and credit credit.

The first item in the

Three Insurance is the guarantee delivery.According to Country Garden, in the first 11 months of this year, the company has delivered a total of about 500,000 houses, with a cumulative delivery area of ​​60.43 million square meters, involving 31 provinces and 240 cities.

Yang Huiyan revealed that in the next 12 months, the delivery challenge will enter the deep water area. In 2024, Country Garden's delivery is expected to exceed 400,000 units, and the number is still huge."The insurance delivery is a very difficult but very important job. I hope everyone will wait strictly, pay great attention, and do the front plan."

Insurance operations, on the one hand, the protection team, on the other hand, the sale.Mo Bin, CEO of Country Garden, pointed out, "The work now is mainly to stop bleeding and blood transfusion. We have to cultivate our internal skills, survive the difficult period, and strive to improve sales to achieve blood."

Regarding the improvement of sales, the management of Country Garden emphasized that one is to grasp the key nodes of sales in December, increase the existing buildings, mobilize the marketing of the whole people, strive to break through the special activity, and promote the return of cash.The second is to pay attention to the payment at the end of the year and make a good settlement of receivables at the end of the year.At the same time, we must plan to return to the hometowns in advance in advance, and make full preparations in advance to return to the hometown to prepare for the opening of the door -to -door supply and sales arrangements.

Country Garden also proposed "active self -rescue and credit credit."Country Garden revealed that the company has promoted a number of self -rescue measures.In 2023, the company did its best to reduce the cost of administrative expenses, which was significantly reduced by nearly 60%compared with 2021.

In addition, as the controlling shareholder, the Yang Huiyan family provides funding support for the company. Since its listing, the total support has been supported by borrowing, increasing holdings of stocks, purchasing bonds, and shares.stock.

At the meeting, Yang Huiyan said that "Family will definitely smash the iron to sell the company, the company will work hard to become a model for the insurance company to recover as soon as possible."

Recently, the management of Country Garden Group and the financial department have performed a sensitivity simulation analysis of the extreme situations that the company may face.Yang Huiyan introduced, "In the case of conservative calculations, as long as our inventory assets are sold normally, even if we assume that we do not buy land, taxes do not reduce exemption, and do not consider the new contributions of two wings, Country Garden will continue to maintain positive assets in the next ten years."

Yang Huiyan said that after doing this sensitive analysis, he was very confident in the company's restoration of the balance sheet."The restoration of the balance sheet is very important, the path is very clear, and it can be achieved. Everyone must have the confidence to work together to develop."