Leju Finance Zhang Linxia On April 30, at Vanke's 2023 annual shareholders' meeting, Vanke President Zhu Jiusheng revealed to the media that under the background of tight cash flow, Wang Shi would voluntarily give up his pension of 10 million yuan in 2023 to share a difficult time with the company.

It is reported that Wang Shi stepped down as chairman in June 2017 and quit the company management.

According to Vanke's 2017 annual report, in order to fully recognize Wang Shi's irreplaceable contribution to the company in the past 33 years, after deliberation, the Board of Directors appointed Mr. Wang Shi as the honorary chairman of the Board of Directors. As the honorary chairman, Wang Shi is not a director, supervisor or senior manager of the company and does not participate in corporate governance.

From 2010 to 2016, Wang Shi served as the chairman of Vanke's board of directors, with an annual after tax economic profit bonus of 16.7983 million yuan.

It was also learned that on May 1, Meme Tian forwarded the relevant micro blog message and sent a message: "It's OK, Lao Wang, I will support you."

In addition, in his previous speech, Wang Shi said that his wife Meme Tian was not a big spender. He said that when he met Meme Tian, she had more cash deposits than herself and was a real estate consultant of a real estate company.

In addition, on the evening of April 29, Vanke released its first quarterly report of 2024, which realized an operating revenue of 61.59 billion yuan under the continuous pressure of the industry. Faced with the challenge of market downturn, Vanke stuck to the bottom line of business safety, held monetary capital of 83.07 billion yuan, covering short-term borrowings and interest bearing liabilities due within one year, and continued to receive support from financial institutions. The comprehensive cost of new domestic financing in the first quarter was 3.3%, keeping the industry low.