Wanda Group won the Guangxia Award for three projects21.11.2008
On November 20, the second Guangxia Award presentation was held in Beijing. The award is the general award for China’s real estate industry. After Wanda Group won the award for three projects last year, the group won the award again for three projects this year and became the enterprise to have the most award-winning projects in China. The three award-winning projects were respectively the Wanda Plaza in Shanghai, the Wanda Plaza in Ningbo and the Wanda Plaza in Nanning, all of them being commercial real estate projects. This year, a total of 32 projects were selected for the award. Wanda Group claimed three of the four award-winning commercial real estate projects. This was a full testimony to Wanda Group’s leading position and overwhelming competitiveness in commercial real estate sector.
Group picture of Wanda Group’s 2008 Guangxia Award-winning projects
Representatives of the Wanda Plaza in Ningbo, the Wanda Plaza in Shanghai and the Wanda Plaza in Nanning (left to right)
The Guangxia Award is the only authoritative general award for China’s real estate industry. It is approved by the Ministry of Housing and Urban-Rural Construction, established by the China Real Estate Association and the housing industrialization promotion center of the Ministry of Housing and Urban-Rural Construction, and selected by the government department and the industry association. This year, the award was presented to 32 projects, selected from all real estate projects across the country. The selection procedures were strict and the rivalry was fierce. The award-winning projects represented the highest standards of the residential and commercial real estate sectors in China.
Wang Shouqing, General Manager of Shanghai Wanda Commercial Management Co., Ltd. (second from right) and Wang Yun, deputy General Manager of the Ningbo Wanda Commercial Management Co., Ltd. (second from left), receiving the award for the Wanda Plaza in Shanghai and the Wanda Plaza in Ningbo
Li Quande, General Manager of the Nanning Wanda Commercial Management Co., Ltd., receiving the award for the Wanda Plaza in Nanning
Last year when the Guangxia Award was launched, the Wanda Plaza in Beijing, the Wanda Plaza in Wuhan and the Wanda Huafu Housing Estate in Dalian, all developed by Wanda Group, won the Guangxia Award. The six award-winning projects in the past two years covered two major sectors: commercial and residential, and fully testified the overall development strength of Wanda Group. In particular, the award winning by the Wanda Plaza in Ningbo and the Wanda Plaza in Shanghai indicated that Wanda’s third-generation commercial real estate projects, namely the urban complexes, made great social contributions by creating lots of job opportunities and generating tax payments. At the same time, they were also regarded by the industry as an advanced model and a direction for commercial real estate development.
The award-presenting ceremony was attended by the representatives of the real estate associations in all provinces, autonomous regions and centrally-administered municipalities, the leaders of the Guangxia Award Selection Panel and the representatives of the 32 award-winning projects. Song Chunhua, Chairman of the China Real Estate Association, presented the award to the winning units.