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RISK MANAGEMENT

Introduction
? Qifu’s classic masterpiece
? Qifuxincun have great environment, supporting traffic international cultural community and be called “the fir

st village in China "in the world, consumers widely read. Qifuxincun covers an area of 7500 acres, self-built village has invested more than 160 billion in 1991, has developed more than 6,000 acres of land, and has sold more than 30,000 units, successfully attracted from 36 countries and regions including the United States, France, Japan and other elite blessing of the owners, the resident population of over 10 million people, the owners of more than 20 million people.

Geographic environment
? Qifuxincun, locate Qifu hill and Dafu mountain veins, surrounded by mountains, and has 400,000 square meters of the Great Lakes, the only private ecological Lake District in Guangzhou, owners of private mountain, the Great Lakes and the forest landscape, free from outside interference, this landscape scarce and quiet and the environment. And the real estate on the design of the master bedroom with a six-sided curved window sill design, owners can enjoy 270 degrees all Lakeview.

Risk 1:Time limit for a project risk

In the entire construction cost, construction materials is one of the largest expense in the cost, it often faces the risk of prices fluctuations o the construction materials, the longer development cycles, the greater socio-economic conditions change in the future and the forecasting more difficult in the future. Solution: Enterprises should control the time limit for a project strictly, to shorten the construction period and complete the development project early.

Risk 2: Price Risk
Although countries are conducting a new round of macrocontrol policies for the estate market, but the estate market prices in most areas are still steadily and the entire estate industry is still in the life growing
Solution:

we should make the implementation of favorable sales policies. For example: Try to negotiate loan of buyers can be reduced with the banks, the measures of property costs and ancillary fee are at discounted, etc.

Risk 3: Technical Risk
? Technical risks, project planning and design will be defects or errors, if the construction team does not plan well. In addition, the construction team in arranging construction organization, unreasonable construction methods will bring some risk to businesses. Solution: In the preliminary construction process, the construction should use enough building experience and the quality examination, to gradually correct the existing problems in the planning and design. When star construction projects, the management and technical personnel should be organized to review of the planning and design drawings, related to indicators, and make the necessary adjustments to reduce the technical risks in the process of building.

Risk 4:Competitive risks
Panyu in good geographic location, the surrounding being a number of residential district, flow of people also will be increased. Many the developers fancy the Panyu geographic environment. Investors began greatly to development of the Panyu estate. Also increases the pressure of sales

Solution Supervisor need to choose strong intermediaries’ estate planning marketing and implementation of standardized property management.

Risk 5:Security fight residents
On May 19, 2001, some residents of Panyu Qifuxincun went to the sales office, and solve the problem that removes the canopy with leadership. There is a staff held a video camera, and make the residents angry, and then cause a violent conflict between the owners and security guards. At the end, residents injured, and a woman was fainted on the spot and taken to hospital.
Solution: Security and residents must have good communication, they should resolve disputes in a peaceful way, and the management made an apologize and give compensation to the wounded person.

Risk 6: Site selection of the waste inciner power plant
In April 12th,2010, the government of Panyu District officially announced the five site selections of waste incineration power plant. It will select from these five towns: Dongchong Town, Lanhe Town, Shawan Town, Dagang Town and Dashi Town.

? Qifuxincun was built in Dashi Town; there are more than 100000 residents live in it. If the power plant is built in Dashi Town, it will make environmental pollution, and affect the health of residents.

Solution:
Residents and government launched a six months discussions, government listen to public opinion. After discussing, the power plant will built in Dagang Town. The residents of Qifuxincun feel Satisfied.

Clarification of project risks

Risk assessment

Thank you for attention

谢谢观看


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