# Xuchang
Latest news and articles about Xuchang
Total: 2 articles found
Disrupting the Crisis: China’s Most Beloved Retailer Brings Radical Transparency to Real Estate
Pang Dong Lai, China's highly-regarded retail chain, is investing 6.5 billion RMB into a massive mixed-use real estate project called 'Dream City.' Founder Yu Donglai plans to apply the company's trademark radical transparency to property development, disclosing all costs and limiting profits to ensure housing quality and employee welfare.
A Founder’s Last Bet: How Pangdonglai Tied Employees’ Wealth to a Risky Mega‑Mall
Pangdonglai founder Yu Donglai has converted nearly RMB 3.8 billion of internal profit‑sharing allocations into recorded “asset shares” tied to a new RMB 6.5 billion Dream City development. The allocations are book entries granting future profit‑sharing rights, not tradable equity, leaving employees dependent on the company’s governance and the success of a single, large project.