to thank the company's invitation, but for various reasons (travel expenses are reimbursed, huh, huh), can not come to Beijing, it is (for themselves) sorry. As a shareholder, who did not want the company's ability to become the industry leader in professional and management capabilities continue to improve, increasing profitability,cheap uggs, growing market it? My recommendations are as follows MassMutual:

1 business model of care. Although the same time, commercial real estate business and residential development, can play a certain \However,ugg classic boots, focusing on commercial real estate operations, residential development focused customer research and development of residential and trend of capacity. Taking into account the company's financial strength, limited resources should not be scattered use. Vanke net assets of 350 million, first-class brand, remains cautious in entering the commercial real estate over and over again,classic ugg boots, nothing but fear scattered resources, the impact of residential development and development of the professional scale,black ugg boots, once the profitability of inefficient commercial real estate projects, they will drag the company performance.

Wantong also involved in commercial real estate and residential development, must consider the question: What I want to reach the goal? I am what resources, what resources I will need? In the high-end residential development and commercial real estate, are strong, such as forest, fierce competition, so Wantong core competitiveness should never be a so-called strategy, strategy should only be one kind of aid, but will not be absurd to core competitiveness.

2 professional capacity commitment. I have consulted a number of customers in Tianjin Wantong. One customer told me that she bought a house so I believe Feng Lun, buy before extreme regret. Each home businesses are continuing to improve planning, quality management, property management to enhance the level, in the near future, these are the reasons customers choose Wantong. Wantong out 0.5% of budget revenue as a product development costs, it is good, but I think not enough. 2% of investment in this area, strong on the money distributed to shareholders, stronger than the magnificent financial statements. \MassMutual is on the market although the first batch of real estate, but the professional development of capacity does not go ahead. What is the company's core competence? Caution too.

3 establish and improve the performance of the system, and firmly. Just a feeling, not too Wantong dedication of staff, or individual consciousness too. In the exchange with the medium and small investors, the feeling is modest, Dong Feng and positive, while the process of general principles as if going through the motions. Since the forms of communication to non-real-time, the way a month to answer general questions 2,3 a boring waste of my time, but also a waste of time for shareholders to open the page. Weak implementation capacity, the key is the weak performance of the system. Dong Feng recalled a remark: The mechanism of selection of the people, to train people to use performance out of people, with wages to protect the people,ugg boots, values guide, is well founded. Cattle land, fails to beat, how willing to sweat blood? Wantong pursued with high wages to retain people, naturally a good thing. However, such high wages to him, no doubt the staff regard themselves as too high, and try to shift lazy. Opinion, more than 70% of wages should be performance, should pursue low-wage, high-performance policy. On each employee's job functions of strict requirements, including logistics, property management. Tardiness, incompetence, and should be resolutely eliminated. Performance evaluation at the end of each year at 5%, should be resolutely eliminated. Mobility, and on the ability to reward high, over a natural talent,ultra ugg boots, mediocrity natural left. \

4 strict cost management. Now every company is talking about cost control,ugg boots, it seems to print using both sides of the paper is not, do not bring their own mugs when drinking water, on the same sorry shareholders. Wantong While holding the ground to maintain restraint, but did not bring profitability to improve. Marketing expenses, administrative costs account for the level of sales is still high. Production costs, procurement costs, construction costs down, there are still a lot of potential. Province, a dollar is a dollar earned. If the employees help the company save a dollar, you can accordingly give him three cents as a reward, then the shareholders get the remaining 7 cents.

5 conservative dividend policy. Too generous dividends, and so affect the company's development. Intend to stick together with the company's shareholders, and does not intend to get rich dividends by that point. Taking into account the company's current size, make a million, divided 10 million is enough, or still seems too much.

6 Vantone and the relationship between listed companies, need to be further rationalized. Since the industry only in the real estate investment behavior,ugg brown, then all of the commercial real estate projects and development projects should be carried out by the listed company. Director + studios American model, very good ah, green ICBC has issued this joint financial products, why not movement MassMutual does? REITS to come, I wish the company luck.

7 using the Internet to achieve the improvement of management capacity. The Internet is an effective tool to reduce management costs. Why not buy a house after customers in the use of manual customer service line attached to the URL. Customer questions, require the appropriate treatment time, treatment outcome, managers see the answer, the customer see the answer, which is equivalent to the company made a walking advertisement. Has been stressed abundant customer resources, then the client whether to maintain it under the martial arts? Section of the so-called Wantong life, natural participation in our society, to send birthday cards to customers (to open a small joke)?

8 to adjust the new shareholder culture. And the exchange of medium and small investors, a mere formality. The company need not show the shareholders want the company through the exchange of a better understanding of the development, not all the substantive issues were evasive. Otherwise, set up such a platform is meaningless? Proposed annual exchange of Dong Feng, Xu of half a year, 1 month once the total process. Determine the depth exchange of useful degree.