Evergrande real estate XuGuYin admits "downsizing" file is his own sign

For this year's situation, evergrande real estate (03333 HK) is not optimistic. 16,, the group in the disclosure of its 2011 operating data, also announced a 2012 preliminary sales targets, the New Year's sales target for 80 billion yuan, the year 2011 80.39 billion yuan dropped slightly. But the group says, 80 billion yuan is task bottom line, the actual sales should be higher than this. The data show that by the end of December 31, 2011, evergrande real estate sales income is 80.39 billion yuan, a year-on-year increase of 50.4 billion to 59.5%. At the same time, the group has project 187, 137 million square meters of land reserves. 187 projects in 103 cities, there are 121 has been opened.baseball sunglasses By the end of last year, the group cash balance is 27.21 billion yuan. Evergrande real estate XuGuYin board chairman, said in 2012 the company annual sales target for 80 billion yuan, a 2011 yuan of 70 billion target growth of 14.2%, but with 2011 actual sales flat. For the past six years sales compound annual growth rate of more than 50% of evergrande real estate is concerned, growth in 2012 is very conservative. XuGuYin says: "in 2012, the state's real estate control policies would not relax, the situation is not in bad now. This is the superposition of all kinds of factors, is the effect of macroeconomic regulation and control policy, but also influenced by the macroeconomic situation, the influence of the whole society's purchasing power, liquidity is poorer. In the first quarter of this year the real estate situation or low, volume will gradually in the second quarter, the second half back better. But the price is hard to pick up. Especially a city house prices will fall, may to a larger extent, but two, three lines city will be stable." For layoffs rumours, XuGuYin said online dissemination red tape was indeed his I signed but outside this produced misread. "The reality is the company this year to reduce 30% allocation of,wholesale sunglasses not cut its workforce by 30%." The original evergrande real estate in order to match the rapid expansion of the need for talents reserves, taken an expansionary allocation strategy, ChaoBian rate was 80%, but this year to reduce 30% allocation, ChaoBian rate into 50%. XuGuYin said, reduced amount allocation, but also because the company growth is slowing, the demand for new staff as the past.

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