Dear colleagues、Friends from all walks of life：
    On the eve of the Year of the Monkey, the Chinese New Year is approaching，Hongxiang Holding Group held the 2015 annual summary and commendation meeting here，According to the schedule of the General Assembly，I will report to the General Assembly on the main work done by the Group in 2015 and its intentions for the new year，Please consider。
The year 2015 has just passed was a year of hardship for China's economy，The external economic environment continues to be sluggish，Overcapacity、Demand is sluggish、Investment slows down、Various unfavorable factors such as the sharp decline in exports have plagued the development of enterprises。
    Facing unprecedented difficulties and pressures，Hongxiang's cadres and employees continue to carry forward the "fearless of difficulties."、Courage to be the first" entrepreneurial spirit，Don't relax when you stick to your goals，Really grasp the work and seek development，Stick to second-hand catches，Grasp the strengthening of management and lay a solid foundation，Grasp the expansion business to seize the market；Traditional and emerging businesses go hand in hand，Once again, a satisfactory answer sheet was submitted。2015The total annual output value of the group is 8 billion yuan，Achieved sales revenue of 6.7 billion yuan，Total profit tax amounted to $560 million，The goals and tasks set by the group at the beginning of the year were successfully completed，It also brought a successful end to the development of the entire "Twelfth Five-Year Plan" of the Group。
    Look at it by industry sector，Large construction plate：The total output value is 6.5 billion yuan，Achieved settlement revenue of nearly 5 billion yuan，5.6 billion yuan of new contracts were signed，The total profits and taxes reached 210 million yuan；Real estate sector：The annual sales revenue reached 1.5 billion yuan，The return of funds was 1.6 billion yuan，Realized a total profit and tax of 200 million yuan；Modern service sector：Achieved operating income of 160 million yuan，The total amount of profits and taxes realized is nearly 90 million yuan，Among them, Hongfeng Small Loan Company has made a major contribution。
    The above data，It reflects the operating status of the Group's three major industrial sectors，It should be said that all sectors have maintained a good momentum of development；And from other aspects of business management，2015The whole group also showed many highlights，Major breakthroughs and qualitative leaps have also been achieved in some areas。
    The modern service industry sector is the main battlefield for the group's industrial transformation and upgrading，The past year has been fantastic、There are many highlights。Hongfeng small loan company has the courage to compete first，Seize the strategic opportunity of the new three-board listing，Became the first company in the same industry in northern Zhejiang to list on three new boards，It has taken a substantial step for Hongxiang Group to enter the capital market，This is true for both Hongfeng Small Loans and Group companies，it's all a strategic breakthrough，The significance of this breakthrough is both for the improvement of the company's image，Or the expansion of financing channels、The introduction of talent、The increase in shareholder value will be a huge boost；The newly established Hongxiang Environmental Protection Building Materials Technology Company，As a city-wide PPP demonstration project，Obtained a citywide construction waste disposal franchise，It is also included in the National Development and Reform Commission、Provincial Development and Reform Commission circular economy innovation demonstration project，And also obtained more than 4 million yuan of national special fund subsidies，The project has now been completed and put into operation。It took only 7 months from the start of the project to the start of production，Created a new Hongxiang speed，got the city committee、The city government is highly affirmed；The asset management company acts as a platform for the group's holding property management，Despite the fact that it was newly established，Personnel were also mobilized on an ad hoc basis，But the company is very aware of its responsibilities and mission，In a short period of time, we not only clarified the current situation of more than 100,000 square meters of properties held by the group, including the shareholders，And it's increasing occupancy、Strengthen property services and management、Good results have been achieved in comprehensively implementing the budget and final accounts system，Nearly 9 million yuan of rent was collected throughout the year，Property management fees were also reduced from losses；Other than that，There is also the cultural and sports industry，Hongxiang Fitness followed the opening of the staff store of the Federation of Trade Unions，A third store, Yintai store, was also put into operation，The pattern of chain operation has initially emerged；In addition to actively holding various events, the venue management company actively holds various events，It also expands the exhibition business opportunities in the western region of Haining；The trading company completed the relocation of the high-tech computer city，Moved to Computer City in Intime City，Achieved the upgrading of the market，presently，The new market has opened for business。All these achievements have been achieved，All show that Hongxiang modern service industry is gradually taking on the important task of group transformation，In the new normal，Strive to explore a path of innovation transformation and development suitable for Hongxiang's reality。
    The operation and management of the large construction sector in 2015 also achieved remarkable results，It is mainly reflected in the following three aspects：
    The first is sales revenue、New contracts remained stable，In order to support the scale of operation of the entire group, we have taken on a heavy burden。As far as engineering enterprises are concerned，Current contracts are future performance，therefore，Taking over the business is the overriding priority。From the perspective of various business companies，Haining and Jiaxing local markets，It still maintains the business share and position of the leading company，Especially in the area of Jiaxing City，The business is growing rapidly，2015The new contract signed reached 11.5 yuan this year；There have also been new attempts and breakthroughs in going out and seizing foreign markets，In order to maintain the sustainable development of the construction sector，It's clearly not enough to just stare at the market on your doorstep，It is necessary to assess the situation，Seize the moment，Implement the strategy of going global，For this，Construction Group through many efforts，Reached strategic cooperation with local advantageous enterprises in Langfang，The company jointly invested in the establishment of a branch in Hebei for the Beijing-Tianjin-Hebei region，presently，There is already a project bid，There are also several projects under negotiation。gardens、Water conservancy.、Decoration and other professional companies，It also actively expands foreign markets through various channels，Outside the city、The proportion of business outside the province is increasing year by year。
    Second, the business model is undergoing gratifying changes。From the beginning of the year，The Group strongly advocates that all engineering enterprises should vigorously cultivate their own construction teams，Boldly implement self-operated business。A year down，gardens、Water conservancy.、Construction and other companies have made useful attempts，And obvious results have been achieved。Like garden companies through the implementation of self-operated business，The economic benefits have doubled compared to previous years。For this，We made clear the requirements when we newly established the Hebei branch of the construction group，The business undertaken must be 100% self-operated，Implementation and promotion of this new business model，It will greatly improve the company's integrated management level of the project，Effectively improve the company's economic efficiency，At the same time, it also contributes to the cultivation of the management team。
    Third, the basic management work has been significantly enhanced and improved，The construction of financial management system with risk control as the core has achieved phased results。CCB took the opportunity of establishing a financial settlement center，Re-grooming、Clarify the financial approval process，Strengthened the presence of branches、Fund management and debt risk prevention for various professional companies，Planned and step-by-step implementation of categorical payments，2015Years.，There are few new debt risks。The handling of problem engineering has also achieved certain results，The work of the Tianjin block has basically come to an end，A total of more than 20 million yuan was recovered throughout the year，Debt in other regions is also largely locked-in，The recovery is proceeding as planned。
    The real estate sector faces frequent market fluctuations，2015The year still maintained steady development。In an increasingly competitive environment，Hongxiang Real Estate relies on many years of brand advantages and the team's professional operation ability，It still maintains its position as a leading local enterprise。The first half of this year，Causeway Bay and East Bay were successfully handed over；South Bay、Kangqiao Famous City maintained a good sales trend；The eastern city that cooperated with Jiayuan also came later，Showing strong sales momentum，Compared to other real estate companies，The dominant position of Hongxiang Real Estate has become more and more apparent。There are three major real estate projects for sale in the urban area this year，A total of nearly 1,000 houses were sold，It accounts for more than 10% of the city。meantime，This year it was led by Hongxiang Real Estate，Uniting other units，It has signed four major investment projects with a total of more than 2 billion yuan with the People's Government of Wuyi County，presently，The first residential project with a total construction area of nearly 200,000 square meters has been successfully opened，The first phase launched more than 380 houses, attracting more than 1,500 people to snap up，On the day of opening，The dematerialization rate reached 90%.，Created a miracle of local property sales。
    In addition to the above-mentioned achievements in the Group's various industrial segments，Several priorities identified by the Group headquarters at the beginning of the year，They also successfully achieved their goals。
    First, the construction of the group headquarters building has progressed smoothly。At present, the construction of the curtain wall and façade has been successfully completed，Interior renovation work is in progress，It is expected to be around "New Year's Day" in 2016，ready for use。Construction of the headquarters building，It is a key project of the Group in recent years，Its successful completion has improved the office conditions of the Group and its subsidiaries，Enhance the image of the Group，Building a new entrepreneurial platform is of great significance。
    Second, the environmental protection building materials project was put into operation。This is a small investment，But the Government attaches great importance to it，Projects that are of great concern to society，It has been officially put into production，The project was put into operation and put into operation，It has laid a solid foundation for the Group's innovation and development in the field of environmental protection，Judging from the operation since the start of production，Good social and economic benefits have been achieved，It is a very promising project。
    The third is to withdraw funds、Compress debt、Reduce financial risk。2015In the first half of the year, all project loans in Causeway Bay were successfully repaid，Ensured that the delivery was on schedule。At the same time, the whole group reduced its debt by more than 100 million yuan，Effectively reduce financial costs，There is also room for new project development，The target of 120 million yuan of annual loan pressure has been basically achieved。
    The fourth is to clean up and revitalize existing assets。This year through the efforts of asset management companies and real estate companies，More than 20 million square meters of rental area of existing housing have been added，Increase rent by nearly 1 million yuan，Sold 27 sets of stock houses，The sales area is 4458 square meters，The sales amount was 28.97 million yuan，Basically achieve the sales target of stock housing set at the beginning of the year。
    The fifth is to further strengthen the construction of the group's financial management system。On the basis of the establishment of a financial settlement center，This year, the relevant financial personnel and management force have been strengthened，The financial approval process has been further clarified and standardized，An early warning mechanism for risk control has been initially established。
    Sixth, the construction of enterprise brand has been further promoted，The corporate image has been further enhanced。
The group takes party building and corporate culture construction as the starting point，Build a strong contingent with the party，Culture for development，Pay attention to the cultivation and education of the contingent of cadres，A number of young cadres of party members have been selected to enrich grassroots party branches。meantime，The party committee of the group uses various forms to conduct ideological and legal education for managers at all levels of the group，It has established a good entrepreneurial atmosphere with a clean atmosphere。The group became the first batch of non-public enterprises in the city、Strong talent、Develop strong "benchmark enterprises"。
While achieving steady economic development，The Group's brand building pays more attention to practical results，In the past year，Construction Group has made a great breakthrough in winning the Cup，7projects applied for the provincial quality project award，5 provincial-level standardization projects，There are 10 municipal standardization projects in Jiaxing，And was once again rated as an excellent construction enterprise in Zhejiang Province。
    Yao Yueliang, chairman of the group, also won the honorary title of outstanding Zhejiang businessman in Zhejiang Province，And was rated as the leader of sports industry in Zhejiang Province。He also attended the National Glorious Undertaking Conference with honor，He was cordially received by party and state leaders。All these honors were obtained，All show that Hongxiang has gone through many years，The unswerving promotion of corporate brand building has been widely recognized by the society，The image of the enterprise has been further improved。
    Comrades，Friends，2015We did that，Gratifying results have also been achieved，The achievements and advances I have listed above are just some of them，Our business segments and corporate divisions、All Hongxiang cadres and employees，Everyone is working hard in their respective positions、Have one's shoulder to the collar，It has shed hard sweat for the development of Hongxiang，He has made many achievements that can be summarized and praised，Because of time，I can't list them all here，hereon，Allow me to represent the Board of Directors and the management team of the Group，To comrades fighting on all fronts，Xiang made great contributions to the development of Hongxiang in 2015、All advanced units and individuals who have made outstanding contributions extend their most heartfelt thanks and high respect，Thank you!
    Achievements are always just a new starting point and beginning，2015The years have passed，Step into a new year of 2016，We are facing the first year of the 13th Five-Year Plan，It was also a challenging year for the situation to become more severe。And from Hongxiang's own point of view，In the new year，building、The two main businesses of real estate are still not optimistic，To this，We must be soberly aware，For this，The guiding ideology and goals of the new year's work should still be closely centered on "prudent investment."、Strong management、Tamp the foundation、Increase efficiency" to expand the 12-character policy，Specifically, it is necessary to do a good job in the following key work：
    1、Mobilize all forces，Tap into a variety of resources，Strive to ensure the stability and development of the business of the large construction sector。2016The overall situation of the construction engineering industry is grim，However, Hongxiang has the advantage of the industry and platform。The local market in Jiaxing should be deeply cultivated，Focus on increasing coverage and market share；meantime，Create conditions、Actively go out and seize new markets。Stabilize the large construction plate，Not only to stabilize the scale of business，More attention should be paid to improving economic efficiency，For this，Efforts should be made to promote the implementation of self-operated construction business，All business companies must have goals, plans and steps in this regard，Only to expand business and strengthen self-operation at the same time，In order to truly enhance the comprehensive strength of Hongxiang construction engineering sector，Ensure economic efficiency。
    2、Continue to closely monitor the changing dynamics of the real estate market，Lose no time in increasing the land bank，To ensure the sustainable development of the real estate industry。2016Years.，In the spirit of "investing prudently、Be positive" principle，On the basis of ensuring the expansion of the second phase of the South Bay，Strive to get one or two more projects in Haining City，Lay the foundation for the sustainable development of Hongxiang Real Estate，meantime，Focus on the opening sales of Zhenjiang project，Return funds as soon as possible。
    3、Accelerate the growth of emerging businesses，Environmental protection building materials projects will be scaled up in 2016、Out of the benefits，And strive to obtain the second replication project fixed point landing；The fitness club should optimize the market layout of Haining，While further increasing market share，Choose a demonstration site out of Haining，Form a true cross-regional chain operation pattern，Lay a good foundation for strengthening and expanding the health industry。
    4、Every effort was made to ensure that the headquarters building was completed and put into use on schedule。The completion of the headquarters building is of symbolic significance in the history of Hongxiang's development，It can not only greatly enhance the image of the group，It can also provide a good carrier and platform for the group and its companies to conduct business cooperation at a higher level。Right now，The construction of the building is progressing well，2016All work will enter the final stage of the year，Be sure to organize carefully，Ensure the safety of all construction of the building、quality、Completed on time，Ensure New Year's Day 2017，The Group was able to move into the new building。
    5、Continue to do a good job in asset management and stock revitalization。All real estate under the name of the group and shareholders should be managed in a more refined and unified manner，To the sporadic ones、Rental is difficult or rented low、Stock real estate with low yields should continue to be cleaned up，Accelerate monetization；For those that have been rented, it is necessary to strengthen service and management，Retain customers with quality service，Increase the value of your property，At the same time, pay close attention to some poorly operated tenants，In case of rental risk；For newly formed properties or vacant properties, the scope of investment should be expanded，Increase investment attraction，Expand investment channels，It is foreseeable that the competition in business will become more and more fierce in the future，We have to be proactive，Can't wait for guests to come to your door。
    6、It is necessary to continue to deepen the innovation and reform of enterprise systems and mechanisms。For nearly two years，Most of the members of the Group have completed the shareholding system transformation，However, some companies have not yet been able to implement it，2016years to strive for completion。meantime，Companies that have achieved shareholding system transformation，It is also necessary to manage in the norms、Enhance audits、Improve the establishment of reward and punishment mechanisms，presently，None of these tasks have been fully established and implemented，Whether it is at the group or enterprise level, the management is still relatively extensive，The level of refinement is far from enough，2016There should be some progress and breakthroughs in the year。
    7、It is necessary to actively create conditions，Seize the moment to enter the capital markets。At present, the proportion of asset securitization of Hongxiang is very low，2015Years.，Microfinance companies have taken the first step，It also gives us confidence。2016Years.，We need to do more，Actively promote Hongxiang's conditional companies to enter the capital market，Those who do not have conditions for the time being should also consciously create conditions for cultivation。The group has a plan，During the "Thirteenth Five-Year Plan" period，At least two or three holding or affiliated enterprises of Hongxiang must be able to list on various stock exchanges，To achieve this goal，From now on，It is necessary to accelerate action。
    8、Strengthen the construction of the talent team，Boldly select and appoint young cadres。Careers need to develop，People are the most fundamental factor。At present, Hongxiang already has a number of young and promising cadres，They are on the front line of business development、The responsibility of technological innovation and management，But Hongxiang's career needs to be further developed，More young cadres and cadres will be needed，For this，We are those of the fifties、Old comrades of the sixties，One of the most important things to do now is to discover、cultivate、Appointment of young people，Do a good job of "passing"、"Help"、"Belt"。Human resources departments should also strengthen the training of young cadres and backbones，Strive for another two or three years，Let a large number of post-80s young people take up various important key positions in Hongxiang，Play a new role in the development of Hongxiang。
    Comrades、Friends，A new year has arrived，The footsteps of the Year of the Monkey have also sounded，Facing 2016, the first year of the "13th Five-Year Plan"，We have confidence and determination，Continue to carry forward the spirit of Hongxiang people of "daring to fight and fight" and "having the courage to strive for the first"，Adapt to the new normal of China's economic development、New situation，Be realistic and innovative、Overcoming difficulties、Strive to make a good start for the development of the "Thirteenth Five-Year Plan"，Get up and go，Lead Hongxiang to create new brilliance in the "five-year" development。
At last，On the occasion of the Chinese New Year，Good luck comrades、Happy Chinese New Year friends、Fortune in the Year of the Monkey、In good shape、Happy family!
Thank you!