On March 1, Country Garden Holdings completed the transition of the company's new and old leaders. Yang Huiyan, the second daughter of Yang Guoqiang, took over the company's chairman and executive director positions. On the third day after the handover, the Country Garden Holdings, in accordance with the principle of "excellent regional president in charge of the region", decided to implement the regional president concurrent program, reducing the original 58 regional presidents to 29. The remaining 29 regions will always be in charge of more regions, and the other 29 regional presidents will be reduced to regional executive presidents.
The specific adjustments are as follows:
According to the news on March 4, the Country Garden Holdings recently issued an internal document to adopt the plan of holding a concurrent post of an excellent regional president, and select an excellent regional president to hold a concurrent post in other regions. After the adjustment, the number of regions will remain unchanged. According to people close to the Country Garden Holdings, exploring a group of regional presidents with strong comprehensive management ability and giving them more authorization space to manage multi-regional business can maximize the advantages of excellent managers, while taking into account the stability of the management team and the continuity of the territorial market.
Although the regional general part-time plan has been brewing for a long time, it is not the decision made by Yang Huiyan after he took over the chairmanship of the Country Garden Holdings, but for the Country Garden Holdings, it still has the symbolic significance of the handover of the old and new "leaders". The latest organizational structure adjustment of Bigui was at the end of 2021, when 106 regional companies were merged into 65, and the regions involved in the adjustment were mainly concentrated in the north, southwest, central China and southeast. This time, the number of regional companies was further reduced from 65 to 58, and the most important thing was that the number of regional presidents was reduced to 29.
For this regional merger, the Country Garden Holdings said that this round of adjustment aims at "promoting rational regional distribution, ensuring moderate regional scale and improving the efficiency of resource allocation", and strives to achieve "market, personnel and resources" through orderly promotion of cross-regional integration, enhancing regional concentration and efficiency of resource use, reducing operating costs.
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