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I don't quite understand why buying a big developer's house is not the best for a local developer.
Because local developers are well-known in the local area, although they have money to redevelop in the early stage, there is no perfect listing stock code and financial management, few projects, no listing certificate authorization, and no unfinished funds in the later stage, because most developers are mainly coastal cities, with large capital turnover, five certificates and two books, and stock certification codes. For example, there are more than 500 R&F projects such as Evergrande Vanke Country Garden and China Shipping Poly Ocean Greenland Hongyang Zhongliang Greentown. The supervision and management of listed companies are relatively standardized, well-trained and cooperative, because the boss of listed companies has assets of over 100 million yuan and is a famous entrepreneur. Xu Jiayin of Evergrande is a member of the 13th CPPCC, and because you are a listed company, you live up to the honorary title given to you by the government as an entrepreneur and a member. Including the boss of Poly and a member of Xu Niansha CPPCC, the listed investment projects have a wide range of fields, focusing on hotels, finance and entertainment libraries.