China Vanke Publicly Responds to "Poison Floor" Event

Vanke Group was accused of purchasing and using a large amount of formaldehyde, which was exceeding the standard of safety. The group held a media communication meeting in Shenzhen yesterday. Vanke emphasized that it is too early to judge the "toxic floor" before the inspection results of the authoritative department come out. If there is indeed a quality problem on the floor, Vanke will take full responsibility. “How much will the homebuyers lose and how much will Vanke lose?”

>> Vanke position should not be judged to be toxic at the current floor. Vanke Group President Yu Liang, Dong Wei Secretary Tan Huajie, Vice President Zhou Weijun in charge of procurement appeared at yesterday's media communication meeting.

According to Yu Liang, management of Vanke started the emergency investigation procedure immediately after hearing about this incident on the afternoon of February 16. The specific measures include: suspending the procurement of Anxin floor; sealing off all purchased Anxin flooring that has not been installed; and inviting the quality inspection agency to All requisitioned batches of Anxin Floors were rechecked; asked Anson to make a full explanation of the relevant queries; and interviewed all employees of the Group concerning the purchase and installation of Anxin Floors.

Yu Liang stated that on the second day of the incident, Vanke announced a list of all projects involved in the purchase of Anxin Floor, involving a total of 29 projects in 16 cities (see the attached table for details). The first recheck floor was sent to the quality inspection agency on February 17. It is expected that the inspection report will be obtained as early as February 27, and the recheck floor of the follow-up batch will also receive the inspection report by the middle of March at the latest. Previously, it was inappropriate to call it 'poison floor'."

If there is a real problem, Vanke will assume responsibility for the argument that “Vankee’s ghosts cause quality inspection loopholes”. Vanke’s board secretary Tan Huajie said that there is currently no evidence that employees have fraudulent practices. Vanke’s procurement is not determined by one department, but rather. Business, technology, and economic “separation of the three powers,” mutual cooperation, constraints, and the possibility of fraud. Regarding the argument that “Wanke kept the purchase price down causing the floor quality to decline,” Zhou Weijun, vice president of Vanke Group, stated that in the procurement bidding, Vanke implemented a one-vote veto system for products with unqualified sampling quality, only if the quality meets the requirements. Only reasonable prices that are not higher than the average market price will be used as the selection criteria. The letter is not Vanke's sole floor supplier, nor is it the largest supplier. From the aspect of procurement ratio, Vanke's total floor purchase amount for the past three years totaled 553 million yuan, of which the purchase amount of Anxin Floor was 311 million yuan, accounting for only 23.7%, which was lower than the 37.5% of the iconostasis in the same period and 30.3% of the North American Maple Situation. %.

In the media Q&A session, Yu Liang said that the total amount involved in this incident was about 130 million yuan. “If there is indeed a quality problem on the floor, Vanke will take full responsibility. Specifically, Vanke will replace all the floors involved, and The owners will be compensated accordingly, such as lost-time fees, temporary resettlement fees, etc." Yu Liang said that this will not change Vanke's hard-covered housing strategy. After the incident, the company has conducted procurement control, risk and other issues to many large-scale enterprises. Ask, this incident will raise the industry's concern for quality issues.

>> The cause of the incident Anxin floor was accused of "toxic"

On February 16th, a netizen named Li Xiaoyan, who claimed to be a deputy editor of a domestic building materials professional magazine, published in the Kaidi community “original! Vanke fully refurbished room uses a lot of inferior brand poison floor”, Anxin floor. Illegal use of formaldehyde exceeding the standard substrate to form the floor, in October 2011 sent to the "Shanghai National Building Materials and Decoration Materials Quality Supervision and Inspection Center" testing for the production of solid wood flooring substrate, formaldehyde emission up to amount 2.5mg/L is 5 times the E0 floor formaldehyde release limit ≤ 0.5mg/L. Moreover, these inferior floors have a thickness of 0.6mm, the actual thickness is less than 0.3mm, and the thickness is seriously insufficient. The service life is only Two percent of qualified products.

"Li Xiaoyan," said that the information it broke came from an employee who left the company, and it also included e-mails and other report information from some senior executives of the company. The contents are all-inclusive and can be classified into three major categories: shareholders of Anxin. Lu Weiguang, Lu Weijian, brothers and companies have huge amounts of tax evasion, huge amounts of business bribery, and large amounts of fake and fake sales.

"Li Xiaoyan," said that in order to obtain a qualified test report, Anxin company made a special "test floor," and the quality of flooring provided to developers is far second away. Affected by these "toxic floors" is a large number of well-known real estate developers, of which Vanke is its main customer, only in January 2010 to November 2011, Anxin provided Vanke with 560,000 square meters of solid wood composite flooring.

>>The parties responded to Anxin that the report was not true After a number of housing companies came forward to express their views, Lu Weiguang, chairman of Anshin Weiguang (Shanghai) Timber Co., Ltd., said publicly that the company promised to make responsible representations to the public.

As for the authenticity of the company's internal emails attached to the online post, Anxin Flooring spokesman Han Ya said yesterday that the emails were taken out of context and confusing many irrelevant matters together. This is not a real situation. The contents of the exposure were not real, and the products of Anxin's floor conformed to the national standards.” She also stated that the 2011 product quality inspection report and qualified list have been posted on the company's website, and the company is cooperating with the sample inspection by quality supervision department. Post test results.

In addition to Vanke, other real estate companies accused of involvement in the matter have also responded.

The Greenland Group said yesterday that there are currently only two greenfield projects under construction that involve the use of Anxin flooring. One of the projects has yet to be installed and the other has just been constructed recently. Greenland has now stopped the installation of the floor of the two projects and conducted on-site testing of incoming batch materials. If there is a problem with the quality of the product, it will be replaced immediately. None of the greenfield projects in the Beijing-Tianjin-Hebei area were sold using the Anxin floor.

Longhu Real Estate stated that after preliminary verification, the company's individual areas had indeed purchased a small amount of Anxin flooring for the project decoration, but Longhu did not enter into a strategic partnership with the brand supplier. The company will pay close attention to the survey descriptions of the brand suppliers and the competent authorities on relevant quality issues. At the same time, it has initiated an independent and comprehensive internal investigation. If the investigation determines that the relevant quality problems are true, Longhu will assume its due responsibilities and obligations to the parties. Satisfactory account.

R & F Real Estate also said that in the refined decoration of the company's projects, the use of the number of Anxin floor is not much, the company is currently investigating the matter.

>> Suspected Li Xiaoyan's identity as a suspect, "Li Xiaoyan" is very interesting. The reporter saw in the Kaidi community that “Li Xiaoyan” was registered on Jan. 31 and published a total of 3 posts. "Li Xiaoyan," shortly after registering, released the first post about this incident: "To report a poisonous and inferior product from a well-known company and how to protect its own security." On February 13, it issued a second message: "I will take Dead explosion material oversize fraud, seek protection for users. On February 16, “Li Xiaoyan” released a post titled “Breaking! Vanke's Fully Decorated House Makes Massive Use of Anxin Brand's Substandard Poison Floor”, and there is no news thereafter.

"Li Xiaoyan" claimed to be a deputy chief editor of a domestic building materials professional magazine, and left a mobile phone number, but the reporter found that he had been turned off after dialing. The reporter consulted a number of industry insiders of the relevant building materials associations and flooring companies. They all said that they had not heard of this person.

Exposure Content Suspected Exposure Posts The accusation against Anxin's floor focused on formaldehyde emissions. According to "Li Xiaoyan", An Xin was sent to Shanghai National Building Materials and Decoration Materials Quality Supervision and Inspection Center in October 2011 for the production of solid wood composite flooring substrate, the formaldehyde emission up to 2.5mg/L, is E0 level The floor formaldehyde release limit is ≤0.5mg/L 5 times. In this regard, Hu Zhongxin, secretary-general of the China Household Building Materials Decoration Association, believes that the production of formaldehyde with a formaldehyde emission level of E0 is actually not difficult to produce. Many small and medium enterprises can do it. The country's formaldehyde emission limit standard for floorboards is 1.5mg/L. If the floorboard industry belongs to a large company, Anxin produces floorboards. If the formaldehyde emission exceeds the standard by 5 times, it is not normal. “There is no reason for Anxin. Operation.” In addition, there is no state agency's detection conclusion in the exposure post, but it only emphasizes “the harm of formaldehyde emission exceeds the standard” and it is a bit “for fear that the world is not chaotic.”

Whispers:

@ Beyue Sen: The management of the fine-tuned housing is very difficult, the construction contractor must have subcontracting phenomenon, the shoddy materials on the absolute absolutely inevitable, corrosion of Party A and supervision, as long as the face of light on the line. I dare to pack votes, and the floor formaldehyde exceeds the standard and exceeds Vanke's. The “poisoned milk powder in the real estate industry” incident will affect many hard-covered developers, and the miserable situation will be struck immediately!

@ Financial Network: decoration and decoration industry has always existed "A goods" and "B goods" unspoken rules, "A goods" refers to higher prices but relatively reliable quality of the product, "B goods" ** to the larger demand development Business, relying on prices to win, there are major differences in materials and workmanship.

@SOHO China: After the Anxin "poison floor" incident, many owners, tenants, and investors called inquiries as to whether SOHO China's house was sold or not. We don't use Anxin floor for all the houses we sell, and Anxin did not pass our company's purchase finalist assessment.





Vanke Group was accused of purchasing and using a large amount of formaldehyde, which was exceeding the standard of safety. The group held a media communication meeting in Shenzhen yesterday. Vanke emphasized that it is too early to judge the "toxic floor" before the inspection results of the authoritative department come out. If there is indeed a quality problem on the floor, Vanke will take full responsibility. “How much will the homebuyers lose and how much will Vanke lose?”

>> Vanke's position should not be judged to be poisonous at the floor. Yu Liang, president of Vanke Group, and Tan Weijie, the vice president of the Vanke Group, and Vice President Zhou Weijun, who is in charge of procurement, appeared at yesterday's media conference.

According to Yu Liang, management of Vanke started the emergency investigation procedure immediately after hearing about this incident on the afternoon of February 16. The specific measures include: suspending the procurement of Anxin floor; sealing off all purchased Anxin flooring that has not been installed; and inviting the quality inspection agency to All requisitioned batches of Anxin Floors were rechecked; asked Anson to make a full explanation of the relevant queries; and interviewed all employees of the Group concerning the purchase and installation of Anxin Floors.

Yu Liang stated that on the second day of the incident, Vanke announced a list of all projects involved in the purchase of Anxin Floor, involving a total of 29 projects in 16 cities (see the attached table for details). The first recheck floor was sent to the quality inspection agency on February 17. It is expected that the inspection report will be obtained as early as February 27, and the recheck floor of the follow-up batch will also receive the inspection report by the middle of March at the latest. Previously, it was inappropriate to call it 'poison floor'."

If there is a real problem, Vanke will assume responsibility for the argument that “Vankee’s ghosts cause quality inspection loopholes”. Vanke’s board secretary Tan Huajie said that there is currently no evidence that employees have fraudulent practices. Vanke’s procurement is not determined by one department, but rather. Business, technology, and economic “separation of the three powers,” mutual cooperation, constraints, and the possibility of fraud. Regarding the argument that “Wanke kept the purchase price down causing the floor quality to decline,” Zhou Weijun, vice president of Vanke Group, stated that in the procurement bidding, Vanke implemented a one-vote veto system for products with unqualified sampling quality, only if the quality meets the requirements. Only reasonable prices that are not higher than the average market price will be used as the selection criteria. The letter is not Vanke's sole floor supplier, nor is it the largest supplier. From the aspect of procurement ratio, Vanke's total floor purchase amount for the past three years totaled 553 million yuan, of which the purchase amount of Anxin Floor was 311 million yuan, accounting for only 23.7%, which was lower than the 37.5% of the iconostasis in the same period and 30.3% of the North American Maple Situation. %.

In the media Q&A session, Yu Liang said that the total amount involved in this incident was about 130 million yuan. “If there is indeed a quality problem on the floor, Vanke will take full responsibility. Specifically, Vanke will replace all the floors involved, and The owners will be compensated accordingly, such as lost-time fees, temporary resettlement fees, etc." Yu Liang said that this will not change Vanke's hard-covered housing strategy. After the incident, the company carried out the procurement control and risk issues for many large-scale enterprises. Ask, this incident will raise the industry's concern for quality issues.

>> The cause of the incident Anxin floor was accused of "toxic"

On February 16th, a netizen named Li Xiaoyan, who claimed to be a deputy editor of a domestic building materials professional magazine, published in the Kaidi community “original! Vanke fully refurbished room uses a lot of inferior brand poison floor”, Anxin floor. Illegal use of formaldehyde exceeding the standard substrate to form the floor, in October 2011 sent to the "Shanghai National Building Materials and Decoration Materials Quality Supervision and Inspection Center" for the detection of solid wood composite flooring substrate, formaldehyde emission up to amount 2.5mg/L is 5 times the E0 floor formaldehyde release limit ≤ 0.5mg/L. Moreover, these inferior floors have a thickness of 0.6mm, the actual thickness is less than 0.3mm, and the thickness is seriously insufficient. The service life is only Two percent of qualified products.

"Li Xiaoyan," said that the information it broke came from an employee who left the company, and it also included e-mails and other report information from some senior executives of the company. The contents are all-inclusive and can be classified into three major categories: shareholders of Anxin. Lu Weiguang, Lu Weijian, brothers and companies have huge amounts of tax evasion, huge amounts of business bribery, and large amounts of fake and fake sales.

"Li Xiaoyan," said that in order to get a qualified test report, Anxin company made a special "test floor," and the quality of flooring provided to developers is far second away. Affected by these "toxic floors" is a large number of well-known real estate developers, of which Vanke is its main customer, only in January 2010 to November 2011, Anxin provided Vanke with 560,000 square meters of solid wood composite flooring.

>>The parties responded to Anxin that the report was not true After a number of housing companies came forward to express their views, Lu Weiguang, chairman of Anshin Weiguang (Shanghai) Timber Co., Ltd., said publicly that the company promised to make responsible representations to the public.

As for the authenticity of the company's internal emails attached to the online post, Anxin Flooring spokesman Han Ya said yesterday that the emails were taken out of context and confusing many irrelevant matters together. This is not a real situation. The contents of the exposure were not real, and the products of Anxin's floor conformed to the national standards.” She also stated that the 2011 product quality inspection report and qualified list have been posted on the company's website, and the company is cooperating with the sample inspection by quality supervision department. Post test results.

In addition to Vanke, other real estate companies accused of involvement in the matter have also responded.

The Greenland Group said yesterday that there are currently only two greenfield projects under construction that involve the use of Anxin flooring. One of the projects has yet to be installed and the other has just been constructed recently. Greenland has now stopped the installation of the floor of the two projects and conducted on-site testing of incoming batch materials. If there is a problem with the quality of the product, it will be replaced immediately. None of the greenfield projects in the Beijing-Tianjin-Hebei area were sold using the Anxin floor.

Longhu Real Estate stated that after preliminary verification, the company's individual areas had indeed purchased a small amount of Anxin flooring for the project decoration, but Longhu did not enter into a strategic partnership with the brand supplier. The company will pay close attention to the survey descriptions of the brand suppliers and the competent authorities on relevant quality issues. At the same time, it has initiated an independent and comprehensive internal investigation. If the investigation determines that the relevant quality problems are true, Longhu will assume its due responsibilities and obligations to the parties. Satisfactory account.

R & F Real Estate also said that in the refined decoration of the company's projects, the use of the number of Anxin floor is not much, the company is currently investigating the matter.

>> Suspected Li Xiaoyan's identity as a suspect, "Li Xiaoyan" is very interesting. The reporter saw in the Kaidi community that “Li Xiaoyan” was registered on January 31 and published a total of 3 posts. "Li Xiaoyan," shortly after registering, released the first post about this incident: "To report a poisonous and inferior product from a well-known company, how to protect its own security." On February 13, it issued a second message: "I will take Dead explosion material oversize fraud, seek protection for users. On February 16, “Li Xiaoyan” released a post titled “Breaking! Vanke's Fully Decorated House Makes Massive Use of Anxin Brand's Substandard Poison Floor”, and there is no news thereafter.

"Li Xiaoyan" claimed to be a deputy chief editor of a domestic building materials professional magazine, and left a mobile phone number, but the reporter found that he had been turned off after dialing. The reporter consulted a number of industry insiders of the relevant building materials associations and flooring companies. They all said that they had not heard of this person.

Exposure Content Suspected Exposure Posts The accusation against Anxin's floor focused on formaldehyde emissions. According to "Li Xiaoyan", An Xin was sent to Shanghai National Building Materials and Decoration Materials Quality Supervision and Inspection Center in October 2011 for the production of solid wood composite flooring substrate, the formaldehyde emission up to 2.5mg/L, is E0 level The floor formaldehyde release limit is ≤0.5mg/L 5 times. In this regard, Hu Zhongxin, secretary-general of the China Household Building Materials Decoration Association, believes that the production of formaldehyde with a formaldehyde emission level of E0 is actually not difficult to produce. Many small and medium enterprises can do it. The country's formaldehyde emission limit standard for floorboards is 1.5mg/L. If the floorboard industry belongs to a large company, Anxin produces floorboards. If the formaldehyde emission exceeds the standard by five times, it is not normal. "There is no reason for Anxin." Operation.” In addition, there is no state agency's detection conclusion in the exposure post, but it only emphasizes “the harm of formaldehyde emission exceeds the standard”, which is a bit “for fear that the world is not chaotic.”

Whispers:

@ Beyue Sen: The management of the fine-tuned housing is very difficult, the construction contractor must have subcontracting phenomenon, the shoddy materials on the absolute absolutely inevitable, corrosion of Party A and supervision, as long as the face of light on the line. I dare to pack votes, and the floor formaldehyde exceeds the standard and exceeds Vanke's. The “poisoned milk powder in the real estate industry” incident will affect many hard-covered developers, and the miserable situation will be struck immediately!

@ Financial Network: decoration and decoration industry has always existed "A goods" and "B goods" unspoken rules, "A goods" refers to higher prices but relatively reliable quality of the product, "B goods" ** to the larger demand development Business, relying on prices to win, there are major differences in materials and workmanship.

@SOHO China: After the Anxin "poison floor" incident, many owners, tenants, and investors called inquiries as to whether SOHO China's house was sold or not. We don't use Anxin floor for all the houses we sell, and Anxin did not pass our company's purchase finalist assessment.

" Li Xiaoyan " published in the Kaidi community broke news and posting records.



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