The president paid a visit to Yuezhong Real Estate to inspect and provide guidance on its operations.
Release Date:
2014-06-18 15:18
From June 11 to 12, 2014, Ren Qiliang, President of the Group, together with the Director of the Office and the Head of the Corporate Management Department, conducted a two-day inspection and guidance visit to the Yuezhong Real Estate Company in Kaifeng, Henan Province.
Lou Zugen, General Manager of Yuezhong Real Estate Company, accompanied President Ren on a site visit to the first-phase residential community of Yuegong Jingyuan, the second-phase pile‑foundation construction site, and the newly built community property management building (office building). Subsequently, General Manager Lou reported to President Ren on matters including the final‑phase sales clearance for Phase I, the approval process for individual property ownership certificates, the progress of planning approvals for Phase II, and the submission of construction‑drawing designs for review. Upon learning that the individual property ownership certificates for Phase I are on track to be finalized in accordance with the contract, that the construction drawings for Phase II have already passed review, and that the municipal government has approved the change of the land use designation for the Phase II project from residential to mixed‑use (commercial and residential), President Ren expressed his appreciation.
President Ren pointed out that the second phase of the Yuegong Jingyuan project has lost considerable valuable time due to constraints imposed by planning approvals and adjustments to land-use designations, posing a severe challenge to achieving the year’s objectives. President Ren instructed the real estate company to seize the opportunity presented by the issuance of the municipal government’s meeting minutes, proactively engage with relevant government departments to secure maximum support, promptly complete the necessary land‑use procedures, obtain the planning permit and construction permit as soon as possible, and swiftly finalize all preparatory work for commencement. At the same time, adopting a spirit of urgency and accelerated progress, the company should revise its annual construction schedule, set clear timelines and specific requirements, and—particularly in light of government approval milestones—exercise flexibility while proceeding with prudence to determine the timeline for underground works, striving to break ground at the earliest possible date and doing everything possible to make up for lost time.
Following President Ren’s address, General Manager Lou stated that the real estate company will earnestly implement President Ren’s directives, fully leverage its initiative and proactiveness, seize the current favorable window of opportunity, exert every effort and accelerate the pace to ensure the smooth progress of Phase II, thereby delivering a satisfactory outcome to the Group.
President Ren Qiliang (far right) inspects the sales showroom.
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