Shimao Group set up an investor relations department Shanghai Shimao Co.Ltd(600823) IR to come to the rescue

In early January, Shimao Group launched a new round of organizational structure adjustment to integrate the functional departments of the group headquarters and regional functional departments. Among them, some functions and powers such as investment, audit and procurement belong to the group, and the functional departments of regional and regional companies are adjusted from 11 to 7 after integration.

At the same time, Zhejiang, central China, Shanghai, Jiangsu and other regions have also been re divided.

At that time, only the first half of the adjustment – organizational structure was announced. Now, the second half is announced, and the management team under the new structure is officially announced.

On the afternoon of January 27, the reporter of the international finance news learned that Shimao Group issued several announcements, mainly focusing on the appointment of personnel in various regions and functional departments of the group. In addition, based on the current situation of the company, Shimao also set up an investor relations department.

Judging from the content of the announcement, the present structure and personnel appointment basically continued and landed before the adjustment. The regional level involved the Su Hu area, central China, North China, the western region and the Zhejiang area.

Under the new organizational structure, Shimao’s regional management center has set up seven departments, including design management department, engineering operation Department, cost management department, marketing management department, financial management department, human administration department and legal affairs department.

In Shimao’s organizational structure, regional companies are subordinate to regional companies and regions are subordinate to regions. Therefore, the personnel appointment includes three levels: region, city and region. According to the incomplete statistics of the reporter of the international finance news, about 60 people are involved.

The adjustment of organizational structure is accompanied by the promotion of some personnel and the departure of some personnel.

Among them, Zhejiang region seems to have become a “risk area” for resignation. At present, Mao Jun, head of Zhejiang regional engineering management department, Wang Xu, head of regional business management department, Zhu Changwei, head of eastern Zhejiang investment management department, and Jiang Yifeng, head of eastern Zhejiang operation management department will leave in the near future.

At the group level, Shimao will set up an investor relations department according to the needs of the group’s business development.

Lu Huaiyi, the current assistant director of Shanghai Shimao Co.Ltd(600823) ir (Investor Relations Management), is in charge of the established investor relations department. This time, Lu Huaiyi is highly valued for “being ordered in the face of danger”. Within Shimao, he is promoted from M7 assistant director post to M9 director post, and reports to Xie Kun, the executive director of the group. The young Lu Huaiyi is also an “old Shimao”. As the 2010 Guan Peisheng, he has worked in Shimao for nearly 12 years.

At present, Shimao has set up the investor relations department based on its environment. The company attaches great importance to this department and announced that “we look forward to your greatest support and cooperation in your future work”.

Since last year, the real estate industry has experienced an unprecedented crisis, corporate liquidity has been under pressure, and Shimao has not been spared. The news of rating downgrade, pledge financing, trust default and so on has come out one after another.

Recently, Shimao has accelerated the progress of asset disposal. The project promotion materials obtained by the reporter of the international finance news show that a total of 36 projects in Shimao have been put on the shelves, with a total quotation of more than 77.1 billion yuan, including Shimao’s landmark buildings in the Yangtze River Delta, Dawan District and other places, most of which have mortgage financing. There are two projects valued at more than 10 billion yuan. The packaged evaluation value of Shanghai Shimao Plaza and royal Amy hotel is 13.55 billion yuan, and the evaluation value of Shenzhen Hong Kong International Center is 15.143 billion yuan.

One day ago, Shimao planned to hire Deloitte as an independent financial consultant to assist in handling matters related to bank syndicated loans.

In addition to the investor relations department, Shimao promoted Ye song, vice president of the group’s marketing management center, to assistant president of the group and head of the second Department of the marketing management center at the end of last year. Ye song was previously the regional marketing director of Shimao Zhejiang. He was transferred to the group due to his strong ability and good performance. He was officially promoted after passing the one-year assessment period. From the outside world, this also means that Shimao’s marketing management work is divided into two.

The announcement further subdivides the work contents of the first and second marketing departments. The two departments have three departments, of which the professional department is responsible for the regional marketing work.

In addition to the companies in the Strait, North China and West China, the first department is also responsible for the internal control department and the foreign service department. Shao Liang, the head of the first marketing department, is also responsible for the internal control department and the foreign service department.

The second Department connects Zhejiang, Jiangsu, Shanghai, central China and Shandong companies. In addition, it also has a numerical control department and a commercial office & Asset department.

Over the past month, Shimao has adjusted its organizational structure for many times.

On December 13, 2021, Shimao issued a document announcing the establishment of the “big operation” center. The original engineering management center, cost management center, R & D and design management center, procurement management center, operation management center, user service center and human administrative management center form the big operation and production chain. The big operation center is composed of the former senior vice president of Shimao Group Xie Kun, chairman and President of Zhejiang and central China companies.

Another regional leader, Lu Yi, chairman and general manager of Shimao Strait, has further expanded his management authority in this round of structural adjustment. In addition to continuing to steer the Shimao Strait, he is also responsible for Shimao management company, urban renewal platform and the newly established asset management center of the group.

As he is in charge of the asset management center, the reporter of the international finance news learned that LV Yi is in charge of the recent asset disposal of Shimao.

In early January, Shimao launched a new round of structural adjustment to integrate the functional departments of the group headquarters and regional functional departments. After the integration, the functional departments of regional and regional companies were adjusted from 11 to 7, and the investment management department was abolished; Set up a design management department, covering the original design management department, user and Market Research Department; Set up the construction and operation Department, covering the original project management department, operation management department and user service department; Investment, audit, procurement and other functions and powers belong to the group.

In terms of regional structure, the former Zhejiang regional company and the former East Zhejiang regional company were revoked together, and the projects in Zhejiang Province and Jiangxi Province in Shanghai Jiangsu region and Anhui Jiangxi region were managed by the new Zhejiang regional company together; The original central China region was upgraded to a regional company, covering the projects of the central China region company in Anhui and Jiangxi. At the same time, some projects of Shanghai Jiangsu regional company have been re divided into jurisdiction.

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