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Ding Anyang turned to Zhang Yu when he heard this and said, "Brother-in-law! Do you have anything to say?"
Zhang Yu smiled and said, "That's it! I think everyone who sits down has their own meeting materials. Look at me, but you can be a dignified president! If you are empty-handed, is it not good? "I don't know if we don't have any extra information here, but also get me a copy so that I can learn from everyone."
Everyone in the conference hall heard Zhang Yu ’s request and laughed a little, but could n’t say that Zhang Yu made an unreasonable request. How can they say that he is also a high-ranking president, although he is an agent, but now he is the boss of the company. There is no information at all, and it is indeed unexplainable.
Yu Mingzhi smiled when he saw this, and said, "Zhang can look at me first!" While talking, he got up and pushed the document in his hand to Zhang Yu's hand.
"How sorry is this! I saw it, what are you looking at?" Although Zhang Yu said politely, his hands were not idle, and he moved the document in front of himself and looked up at the same time.
Yu Mingzhi laughed: "It doesn't matter! I'll let the office send me another copy. All these things are kept in the office and printed quickly."
"All right! Then you and I will use it first." Zhang Yu looked up without looking up.
Ding Anyang didn't say anything when he saw this. He continued to bow his head and began to explain according to the marked content of the document.
Ding Anyang has hosted many of these meetings, naturally speaking in an orderly manner, and attending the congregation listened carefully. For them, so many giants gathered together at the same time when there are not many meetings, even if they pretend to be in place, naturally they are not. People make any noise.
...
"Sorry! Can I interrupt it!" Zhang Yu listened suddenly.
Ding Anyang also stopped the explanation after hearing the words and looked at the other party and said, "What's wrong, brother-in-law! Do you have any questions?"
Zhang Yudao: "I just want to ask, how did our subsidiary 'Zhongzhou Construction' have a negative net profit in the first nine months of this year? What is the reason for this?"
Ding Anyang stunned and hurriedly explained: "The main problem is that the rumors about the real estate tax to be launched in the past two years are too large, which directly led to the company's sales expectations, which have not been completed. This is also the industry sentiment! No wonder we are.
Zhang Yu said: "Oh! This is the case! Then I know, you can continue to talk about you!"
Ding Anyang nodded, and continued from where he just stopped ...
...
"I'm sorry to interrupt it again!" Zhang Yu was honest and didn't talk any more.
Ding Anyang held back unhappy and smiled, "What's the matter, brother-in-law! What else to ask?"
Zhang Yudao: "I want to ask! Doesn't our company own 100% equity in Zhongzhou Construction! If we want to sell a wholly-owned subsidiary, it should have nothing to do with the Securities Regulatory Commission! Why should we file a report with the Securities Regulatory Commission? "
Ding Anyang said: "It is mainly the mainland assets of our Suntech Group, which is also listed on A shares. Although Zhongzhou Construction is our wholly-owned subsidiary, it is also an asset of the group, and we must of course report to the CSRC. of."
Zhang Yu nodded, and said, "That's it! I really learned something again. You can continue!"
Ding Anyang nodded under the fire, and continued from where he just stopped ...
...
"I'm sorry to interrupt you!" Zhang Yu said after a few words: "Don't you say that the real estate industry in the Mainland has been so popular these past few years that even fools can make money? Why do our subsidiaries still lose money? What? It shouldn't be! "
Everyone in the conference room heard that they shook their heads and felt it! Ok! I did not expect that the board of directors would assign a word that didn't understand anything! This problem is too much! Don't this guy usually watch financial news! Something in this general context is explained by others.
Of course, Ding Anyang was also furious, but he could not hold back the other party, but could only bear the anger, saying: "This ... how can I explain it! Actually, our country is now doing deleveraging, not only on real estate projects. The tightening of loans also requires companies to destock and excess capacity.
Due to the tightening of the environment and investment, the real estate market this year has an oversupply of inventory houses. This has directly led to further shrinking sales of our subsidiaries. It ’s not just us! Many leading real estate companies do the same. It seems that Qianda Real Estate, a large company, even started to sell its flagship project, Qianda Plaza, so we are not so surprised that we are losing money. "
Zhang Yu nodded his head and said suddenly: "Okay brother-in-law! You are really professional. What is your education?"
"Major in International Financial Management from GLBY University!"
"Oh! That's awesome. It just threw me a hundred streets! Okay, I know, let's go on!"
Ding Anyang took a deep breath and planned to continue ...
"Sorry to interrupt again!" Zhang Yu's voice sounded again.
Ding Anyang heard that he almost did not spit blood on the spot, and was silent for a while, or gritted his teeth and pressed down the air of fire: "What's the matter?"
As if Zhang Yu didn't feel anything, he said, "I just want to ask! Since the real estate market is so slumped, why can't we hold the listings in our hands and sell them later when the market is better! The company sells it out as if it is a losing trade? "
Ding Anyang gritted his teeth, squeezed out a smile, and said, "Brother-in-law! This is the case. Real estate! Actually, it is not our company's main business. This investment 'Zhongzhou Construction' was originally meant to involve the board of directors. Let's take a look at the real estate service industry and try to transform into an asset-light project to see if it can become a new profit growth point for the company. But I didn't expect that the situation in the mainland's real estate market changed abruptly after the project was launched. Non-performing assets. After all, our group has other large projects to be launched and requires capital turnover. It is impossible to focus all of our energy on these small projects. This is also no way out. "
"Oh! The total assets of 8 billion are just small projects! It seems that our Suntech Group is quite rich!"
Ding Anyang smiled dryly: "Although Suntech Group can't compare with those large national prefix companies in China, it is still good among private companies. The total assets are about the top 50 private companies in the country!"
"Wow! Is it the top fifty? It sounds like a cow. Then I don't know what level of Suntech company we belong to in Xiangjiang?"
"Single digits!"
"Bull! Okay, I understand now, you can continue!"
Ding Anyang nodded ugly ...