Shenzhen Metro Group said the company had no plans to be involved in China Vanke’s daily operations at the Chinese developer’s annual general shareholders’ meeting in Shenzhen on Friday.
“We will not have a hand in Vanke’s day-to-day operations, but will play our part as the cornerstone shareholder,” chairman of state-owned Shenzhen Metro, Lin Maode told Vanke shareholders.
“We respect Vanke’s culture, its management team and the company will…
Source : South China Morning Post
Read more…Vanke’s largest shareholder says it will stay out of daily operations















