China Real Estate Giant Country Garden issued an announcement on Tuesday (December 12) stating that combined with the actual business needs of the industry and the company, the company's executive director Yang Huiyan, Mo Bin, Yang Ziying and non -executive director Chen Yan took the initiative to propose a reduction request to reduce salary requestsThe annual salary of four people fell to 120,000 a year (RMB, the same below, about 2,2400 yuan).
Country Garden Announcement shows that Yang Huiyan, Mo Bin, Yang Ziying, and Chen Yan adjusted their annual salary of 370,000 yuan, 3 million yuan, 270,000 yuan, and 370,000 yuan.120,000 yuan.On November 1, the four had signed a director -service supplementary agreement with the company and a supplementary appointment letter. The latest annual salary of the director will be adjusted to 120,000 yuan, that is, the monthly salary is 10,000 yuan.
Comprehensive financial and economic news, daily economic news, and Beijing News reported that Yang Huiyan was the chairman of the current board of directors of Country Garden and Mo Bin as the president of the group.In addition to Yang Huiyan, Yang Ziying and Chen Yan who have actively salary this time are members of the founder Yang Guoqiang, the founder of Country Garden.
Yang Huiyan said at the monthly management parliament held on December 8 that the family will definitely smash the iron to sell the iron support company, and the company will work hard to become a model for the return of insurance companies as soon as possible.: Inspection of delivery, insurance operation and credit.
According to Country Garden, at present, the company has canceled all executive offering vehicles. When there is a job, it is necessary to apply for a business car or use its own car.All group buses, including the original executives, conduct asset activity through internal public bidding and foreign workers' debt debts.
In addition, the treatment of executives, including the reimbursement of executives, and free cafeterias such as executives.The administrative expenses of the whole group are based on the principle of zero, non -necessary and non -expenditure, and rigid expenditures have been reduced as much as possible through integrated sets. In 2023, it greatly reduced by nearly 60%compared with 2021.
Since the liquidity crisis in the third quarter of this year, Country Garden has launched the reorganization of domestic and overseas debt.Earlier, most of the domestic debts have been postponed for three years, and the relevant work of overseas debt reorganization is also being promoted. Insiders have revealed that they are currently actively negotiating with institutions.
Country Garden announced on December 6th in the Hong Kong Stock Exchange that the contract sales amount in November was about 6.11 billion yuan, and the construction area of contract sales was about 580,000 square meters.As of December 12, Hong Kong stocks closed, and Country Garden's stock price was HK $ 0.79 (about S $ 0.14), an increase of 8.22%, with a market value of 22.11 billion Hong Kong dollars.
