On the afternoon of May 12, China Overseas Development issued an announcement on the change of the chairman of China Overseas Enterprise Development Group. The announcement shows that Yan Jianguo has resigned as the chairman, legal representative and general manager of the company, and the above positions will be taken over by Zhang Zhichao, but Yan Jianguo will continue to serve as the chairman of the board of directors of the company.

In fact, the transfer of power in The Sea of China has long been moved. In February this year, Zhang Zhichao, who had just turned 40, took over as the chief executive officer and executive director of China Overseas Development, becoming the youngest president of China Overseas. However, Yan Jianguo resigned from 9 positions at the same time, including the chairman of the board of directors of two secondary subsidiaries of China Shipping Hongyang and China Overseas Property, as well as the chief executive officer of China Overseas Real Estate, the group's most core asset.
The radical Yan Jianguo era
On June 16, 2017, Yan Jianguo stood at the center of the power stage of China Overseas Real Estate. On the same day, China Overseas Development Co., Ltd. issued an overseas regulatory announcement, announcing that Yan Jianguo served as the chairman of China Overseas Real Estate Group and continued to serve as general manager, and China Overseas Real Estate entered the era of Yan Jianguo.
Now, this era is still only one month to three years away. However, in recent years, the head of China Shipping has always changed frequently. From August 2013 to November 2016, the era of Hao Jianmin, followed by the emergence of xiao Xiao, the "transgressor", who changed three terms in five years.
Many people say that Yan Jianguo led Zhonghai to take radical steps. The data shows that in 2017-2019, the signed sales amount of China Shipping was 69.457 billion yuan, 101.425 billion yuan and 166.256 billion yuan, respectively. The increase was 48% and 64%, respectively.
In 2019, China Shipping also maintained a high-quality growth of "good and fast", with a net profit margin of 25.4%, maintaining the highest range in the industry. The borrowing ratio is 33.68%, maintaining the lowest debt ratio among housing enterprises with an annual sales scale of more than 100 billion.
Yan Jianguo (second from left) and Zhang Zhichao (first from left) attended the 2019 performance meeting of China Shipping.
Zhang Zhichao, the "Son of the Sea", carried the banner
In February this year, Zhang Zhichao, who had just turned 40, took over as chief executive officer and executive director of China Overseas Development. A few months later, he was appointed Executive Director and Chief Executive Officer of the Company.
According to public information, in 2001, Zhang Zhichao entered China Overseas Real Estate as the first "Son of the Sea" (China Overseas School Enrollment Plan). He started from China Overseas Real Estate Group Shanghai Company and successively served as deputy general manager of Suzhou Company, General Manager of Hefei Company, General Manager of Wuxi Company and General Manager of Suzhou Company.
The year after Yan Jianguo became ceo, Zhang Zhichao was entrusted with a heavy responsibility. Since May 2017, Zhang Zhichao has served as the Assistant President of China Overseas Development and the General Manager of the Northern Region Company, and since January 2019, he has been the vice president of the company, the youngest president of China Shipping in history.
link:
Yan Jianguo and Zhang Zhichao's "Timeline"
1989: Yan Jianguo joins China State Construction Group Co., Ltd
1990: Yan Jianguo was appointed as a site engineer and department head of China Overseas Enterprise Development Group Co., Ltd. Shenzhen Company
2001: Zhang Zhichao joined China Overseas Real Estate Shanghai Company
2014: Yan Jianguo joined Longhu Real Estate Co., Ltd
In 2017, Yan Jianguo served as the executive director and chief executive officer of China Shipping, and Zhang Zhichao served as the assistant president of China Shipping and the general manager of the Northern Regional Company
2019: Yan Jianguo was appointed Chairman and Non-executive Director of China State Construction International Group Co., Ltd., and Zhang Zhichao was appointed Vice President of China Overseas Corporation
2020: Yan Jianguo resigns as Chairman and Non-executive Director of China Overseas Property Group Limited, and Zhang Zhichao serves as Executive Director and Chief Executive Officer of China Overseas
Nandu reporter Yi Xiaoxia