China Aoyuan Property Group named as “Top 20 Guangdong Property Enterprises with High Credit” for 14 consecutive years
Date:2015-06-05
(5 June 2015 - Guangzhou) In the afternoon of 5 June, the “Credit Standing” Property and Financial Summit cum “Fourth (2015) Top 20 Guangdong Property Enterprises with High Credit” prize giving ceremony was held in Zhudao Hotel, Guangdong. China Aoyuan Property Group was named as “Top 20 Guangdong Property Enterprises with High Credit” for 14 consecutive years, Ai Xiaolong, director of the Resource Centre of the Group attended this prize giving ceremony as representative.
That summit was organized by the provincial branches of the four largest banks, namely ICBC, Agriculture Bank of China, Bank of China, China Construction Bank together with People’s Daily Online, and arranged by the Exchange Society of Chinese Property Enterprises with High Credit (Zhongdihui). During the summit, the relevant leaders of the four banks made speeches and indicated that they will offer preferential policies and provide quality and efficient financial services to the Top 20 Enterprises in the related areas.
Aoyuan upholds the corporate culture of “Efficiency, faith, responsibilities”, in 2014 it effectively de-leveraged, the net liabilities ratio was reduced by 2.2% on the yearly basis which was at the medium to low level; the cash recovery ratio was maintained at a higher level of 81%. By virtue of its good reputation, stable financial conditions, Aoyuan was named as “Top 20 Guangdong Property Enterprises with High Credit” for 14 consecutive years, and obtained the strong support of all sectors of the society and the Chinese and overseas investors and all financial institutions. The honour of “Top 20 Guangdong Property Enterprises with High Credit” is a recognition of the comprehensive strengths and reputation of our Company, our continuous good credit rating will continue to lay a solid foundation for the stable while fast development of Aoyuan Group.