Real estate owner becomes the richest person in China_财经新闻

Real estate owner becomes the richest person in China

文章来源：文章作者：发布时间：2007-10-12 03:12 字体： [大中小]　进入论坛

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Chinanews, Shanghai, Oct 11 – In China, Biguiyuan Real Estate Group has created a miracle in business circle. And the miracle still continues. The real estate group, which started its business first in Shunde, Guangdong Province, created a number of billionaires, including the richest young woman in China, even in Asia, the China Business News reported.

On the latest Forbes rich Chinese list, 5 of the top 40 richest people comes from Biguiyuan Real Estate Group. Yang Huiyan, the richest woman in China, is the daughter of the company's founder¹ Yang Guiqiang. In addition to her, four other billionaires on the list are also the shareholders³ and founders⁴ of the company; they are Yang Erzhu, Ou Xueming, Su Nubo and Zhang Yaoyuan, and their positions on the list are the 14th, 37th, 38th and 39th, respectively.

In April, this year, Biguiyuan Real Estate Group went public in the Hong Kong Stock Exchanges. On its first trading day, the company's capitalization reached 118.94 billion Hong Kong dollars, becoming the third largest real estate developer in Hong Kong, only next to Li Ka-shing's Hutchison Whampoa and Sun Hung Kai, a real estate company run by Hong Kong businessman Guo Bingxiang (Walter Kwok).

By Tuesday, the share price of Biguiyuan Real Estate Group closed at 13.22 Hong Kong dollars and its total capitalization thus exceeded 210 billion Hong Kong dollars. After taking over all shares from her father, 26-year-old Yang Huiyan now owns 70% of the company's shares to become the largest shareholder² in the company. After the company went public, Yang Huiyan's shares proportion in the company declined to 59.5%. The company's other co-founders, Yang Erzhu owns 1.63 billion shares, accounting⁵ for 10.2% of the total shares of the company, and Su Nubo, Zhang Yaoyuan and Ou Xueming each holds 816 million shares, or 5.1% of the company's shares.

In the 1990s, 56-year-old Yang Erzhu and Yang Guoqiang jointly⁶ established the Tengyue Construction Engineering Company. The two were also the president and general managers of the Biguiyuan Real Estate Group. At that time, Su Nubo (now 52), Zhang Yaoyuan (61) and Ou Xueming (57), also joined the two companies. The five people have no blood relationship with each other, yet their relationship is as close as blood brothers.

In 1999, Biguiyuan Real Eastate Group expanded its business in Guangzhou and its business soon developed rapidly. So far, the real estate company has developed dozens of housing projects in southern China region and has kept 54 million square meters of land as reserves, making it the largest real estate developer in China.

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收听单词发音

1 Founder
n.创始者，缔造者
参考例句：
He was extolled as the founder of their Florentine school.他被称颂为佛罗伦萨画派的鼻祖。 According to the old tradition,Romulus was the founder of Rome.按照古老的传说，罗穆卢斯是古罗马的建国者。

2 shareholder
n.股东，股票持有人
参考例句：
The account department have prepare a financial statement for the shareholder.财务部为股东准备了一份财务报表。 A shareholder may transfer his shares in accordance with the law.股东持有的股份可以依法转让。

3 shareholders
n.股东( shareholder的名词复数 )
参考例句：
The meeting was attended by 90% of shareholders. 90%的股东出席了会议。 the company's fiduciary duty to its shareholders 公司对股东负有的受托责任

4 founders
n.创始人( founder的名词复数 )
参考例句：
He was one of the founders of the university's medical faculty. 他是该大学医学院的创建人之一。来自辞典例句 The founders of our religion made this a cornerstone of morality. 我们宗教的创始人把这看作是道德的基石。来自辞典例句

5 accounting
n.会计，会计学，借贷对照表
参考例句：
A job fell vacant in the accounting department.财会部出现了一个空缺。 There's an accounting error in this entry.这笔账目里有差错。

6 jointly
ad.联合地，共同地
参考例句：
Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。 She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。

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