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Huang Guangyu Wang Jun, Personnel Changes In Zhongguancun, Forming Its Approach

After a long 7 months of the suspension, the delay for six months in the Beijing Zhongguancun Science and Technology Development (Holding) Co., Ltd. (the "Zhongguancun") (000,931) Reorganization finally ended, Peng-Thai investment, such as about the Zhongguancun into the real estate assets, the share price soaring to the daily limit.

5 7, Zhongguancun announcement that, Zhongguancun, the controlling shareholder will Peng Thai investment and concerted action non-public offering is not more than 1.227 billion shares, the price for the 14.67 yuan / share, raising about 18 billion yuan of funds for the Beijing held its merger acquisition of Eagle Real Estate 100% of the shares.

Next, Zhongguancun will face a series of personnel changes, and the new management team developed a profit requirements: 2008 profit to 4.5 billion in 2009 to achieve 700 million yuan of profits.

Wang Jun approach Zhongguancun

"I am the vice chairman of Eagle real estate, is also senior vice president of Zhongguancun." May 8 pm, Wang Jun, the first interview with the media, told reporters.

According to informed sources. As the largest shareholder after the completion of injection, real estate has become the park's main business, Wang Jun, in charge of development of major industries, the future possibility of replacing the current part-time post of president of Bell people, is still unknown.

According to report, Wang Jun, China Overseas Property Suzhou Co., Ltd. was originally Vice President, has successfully manipulator of the sea real estate lake in Suzhou, the two high-end residential projects. "He and Eagle real estate controller Huang Guangyu has long been friends." Informed sources.

Wang Jun stationed in Zhongguancun, the park's management team in this capital injection program, after approval, will also face adjustment, Eagle's men will have also entered the property.

"The new management team will attract more Zhongguancun very professional, very strong staff management experience to join." Wang Jun said, "but for Eagle real estate if the existing management team will all join in Zhongguancun, to see when their ability to decide. "

But at least so far, Eagle Real Estate troops still stationed in Zhongguancun. According to Zhongguancun spokesman Jiapeng Yun said: "The personnel changes need to wait until after the general meeting of shareholders, but time was not yet determined, depending on the SFC's approval of the capital injection program."

Addition, Wang Jun said, Zhongguancun will adopt a new control approach to managing a new team, this control model is the industry's first-line reference to the current control mode of the real estate developer. "Combined with our own development characteristics, to take the most appropriate mode of corporate control and expansion."

He also disclosed that the new management team the task of target in 2008 was not an easy test can be completed will be the touchstone of the new management team in Zhongguancun. "Huang, the task to Zhongguancun in 2008 was 4.5 billion yuan in profits, to achieve earnings per share 0.23 yuan; in 2009 to achieve 7 million profit, achieving earnings per share 0.37 yuan."

Integrated resource development of residential Gome

Assets from major shareholder, the Zhongguancun main clear, Wang Jun for journalists outline a blueprint for the future development of the Zhongguancun: 1, real estate, capital operation and walking on two legs; II finished integrated real estate development; 3, 1 , 2 Joint Development.

"Eagle real estate into Zhongguancun, the Zhongguancun future to become a real estate investment and development business, Zhongguancun to form their own characteristics and mode of development, real estate development and capital operation walking on two legs." Wang Jun said, "This new development ideas in the Zhongguancun suspended last year after the already forming. "

This development path is basically

Zhongguancun Huang Guangyu continued personal style, with another listed company that Gome's expansion path very similar.

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