On 25 June, 2010, the Outstanding Mainland Property Stock Awards 2010 sponsored by the famous HK financial magazine Economic Digest staged a grand presentation ceremony along with a banquet at the Guangzhou Ritz Carlton Hotel. Yuexiu Property Company Limited (00123.HK) won the Outstanding Mainland Property Stock Awards for the second consecutive year, thus making itself one of the fifteen property developers receiving such an honor.
Mr. Liang Youpan, executive director of Yuexiu Property and general manager of Yuexiu City Construction Property said at the ceremony: "For the time being, we enjoy a sound structure of our land supporting capacity, funding, development potential, and internal operation mechanism. We will continue the adjustment to our structure in an effort to focus on our core business while accelerating the level of our asset turnover.
We will gradually scale up our development and improve the operational quality to achieve leapfrog growth in our size and efficiency, which prepares a closer step towards "10 Billion Club". We will strive harder to repay our shareholders, our society, and our employees with more outstanding asset and operational quality.
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The Outstanding Mainland Property Stock Awards is organized by Economic Digest of Hong Kong to recognize the outstanding performance of elites from the mainland property sector. This award is given by Economic Digest and various senior stock commentators to respective mainland property stocks listed in HK after their assessment based on such selection criteria as development potential, land bank quality, experience of the management, and development strategy of an enterprise. On the other hand, such exclusive interview and magnificent presentation ceremony allows people from all circles to have a better understanding of the outstanding property developers.
Information about Economic Digest
Economic Digest, founded in 1981, is a typical and authoritative financial magazine in HK and mainly provides analyses of stocks and foreign exchange, investment, asset management, and businesses. It closely stays tuned with the global economic pulse and reports financial information in a fast, accurate, and precise manner. It provides sound analyses of movements in the HK and international financial markets. The majority of its readers are entrepreneurs, bankers, investors, senior management, and executives.