Executive change does not hinder the company from developing financial property or will keep abreast

--The new president of the Golden Land Group, Huang Junchan Group director, Senior Vice president, Financial controller Huang Junchan was appointed the company's board of directors, the Securities Daily reporter interviewed him the first time. At the top of the Golden Land, Huang Junchan known as "Major General". 1992 graduation is to join the Huang Junchan from an ordinary engineer, in the company's engineering, design, operation, finance, finance and many other positions have undergone a full range of exercise, gold insiders evaluation he is "professional ability, leadership of one of the most powerful management layer."　　Linck chairman of the King of his evaluation is also quite high, that Huang Junchan to the company's culture has a profound understanding and practice, and the prime of the youth, the courage to fight, dare to open up, the company "young people" will better integrate into the team, promote gold to achieve faster development.　　Securities Daily: The recent changes in some of the management of the Golden Land Group will lead to the adjustment of the company's development strategy? Huang Junchan: Corporate strategy will not change, because our main business will not change. Specifically, the company's strategy is moving in three major directions. First, we will continue to strengthen the development of real estate development and sales. Second, the real estate finance, such as the company and UBS outside the establishment of the real Estate dollar fund, as well as with the Peace trust in the development of the first real estate trust investment products, these real estate funds to investors to participate in the real estate market investment in new ways. In the past, investors want to invest in real estate only two ways, one is to buy shares of real estate listed companies, the other is to buy a house, now, the increase in real estate funds, investors invest in real estate funds, is equivalent to participate in real estate development. Third, commercial real estate is also one of the direction of the company's development, although the proportion of temporary investment in commercial property is not very large, but commercial real estate is certainly to provide a stable return important way. Last week, we also gained equity stakes in two commercial and residential projects in Yantai and Zhuhai through equity acquisitions.　　And this time the executive change, in fact, is also the old team of new posts, we have always cooperated very well, so the executive changes will not cause too much impact on the company, the adjustment of the position will make our team to cooperate more well. Securities Daily: In recent years, the macro-control policy on the company's real estate sales have any impact? Will the company make some adjustments in its sales strategy?　　Can sales target be achieved throughout the year? Huang Junchan: Affected by a series of macro-control policies, the company's sales target this year has been adjusted, the original sales target for this year is about 26 billion, should now be reduced, expected sales and last year basically flat. The first half of this year has launched 28 real estate projects, half a year will also launch 10 new properties.　　I am very satisfied with the first half of the sales results, but also the second half of the sales confidence, because the real estate profit is linked to the completion of the project. The aim of macro-control is to make the real estate market healthier and more stable development, rather than to combat the real estate market, now the government in the protection of housing has also increased the strength, commercial housing has gradually tended to stabilize, when the housing and commercial housesReturn to a rational position, the real estate market will still thrive, so I am confident of the future real estate market, and we will adapt to the current policy to adjust our business objectives and sales strategy.　　Future expansion will pay more attention to the development of geographical balance, such as a series of regulatory policies for the first-tier cities and two or three-tier cities, coastal cities and inland cities, the impact is not the same, so we should be based on the actual situation to make the development of regional adjustment, better access to the balance of investment structure Securities Daily: What is the current financial position of the company?　　What are the financing plans for the future? Huang Junchan: The company book cash at the end of the first quarter of 8.6 billion yuan, the final company has interest rate of 29%, at a low level, financial structure in a good margin of safety. With the company's current financial situation, there is no greater capital turnover pressure. In the financing strategy, the company will be based on the market and the company's own situation to properly grasp the progress, one is to meet the company's capital needs, and the second is to control the lowest financing costs. The future will be more through the project equity cooperation to broaden the financing channels, for the development of the company to provide adequate financial security.　　"Securities Daily:" Recently, the company executives have increased the company's shares, you have bought 100,000 shares, what are the main reasons for increasing the company's stock? Huang Junchan: First of all, because we have confidence in the future development of the company, overweight is to show the support of the company, and secondly, purely from the perspective of investment, at this time the stock price is also low.