On June 23, Shimao Group issued a personnel announcement stating that the appointment of executive director and vice president Lv Yi as executive president took effect on that day.It is reported that Shimao Group paid an annual salary of 2.6 million yuan for Lu Yi's promotion to the CEO of Shimao Group, and there were also discretionary bonuses determined according to work performance.
According to the data, Lu Yi joined Shimao Group in 2008 and was appointed as the company's executive director on January 2, 2020. He is now the largest regional development director of Shimao Group, responsible for the Strait region (mainly including Fujian, Guangdong and Hainan, etc.) the overall operation, development and management of the land), as well as the management of the Group’s assets.
The reason why Lu Yi was quickly promoted to CEO of Shimao Group is related to his contribution to the Strait region.Shimao Strait is the largest regional company under Shimao Real Estate. Its total sales in 2019 exceeded 90 billion yuan, contributing 35% of Shimao's annual sales.
In a structural adjustment at the end of 2021, the management rights of Lu Yi, who was the chairman and general manager of Shimao Strait at that time, were further expanded. In addition to continuing to steer Shimao Strait, he was also responsible for Shimao Management Company, the urban renewal platform and the newly established Shimao Group. Asset Management Center.
It is worth mentioning that Shimao Group intended to acquire Fusheng Group in 2020. At that time, Shimao Strait led the implementation. Lu Yi also became the core figure in this merger case. But Lu Yi is also widely known, from a regional leader to a broader platform.
