Beike Hassle-Free Rental Shanghai manages over 100k listed properties

Sina Technology, March 31 (afternoon) — According to data disclosed by Shell, the number of properties under management in Yousin Zu in Shanghai has surpassed the 100,000-unit threshold, making it the first brand to enter the “100,000-unit” scale in the Shanghai market for managed services by distributed agencies.

Recently, Shell released internal documents announcing organizational structure adjustments. Among them, the CEO of the Huiju business line, Wang Yongqun, will continue in his role as the group’s senior vice president. At the same time, Wang Yongqun steps down as the General Manager of Shanghai Lianjia, and Huang Yueping, former General Manager of Shell’s Suzhou region, takes over.

Sina Technology learned that yesterday, Shell Chairman Peng Yongdong, Wang Yongqun, and Huang Yueping appeared at a meeting with Shanghai management. At the meeting, Peng Yongdong pointed out that Wang Yongqun, leading Shanghai Lianjia, turned losses into profits and achieved leapfrog development. This time, Shell’s strategic transformation requires Wang Yongqun to lead Huiju to achieve a strategic-level leap, “the plan was set at the beginning of the year.”

According to Shell’s annual report, in 2025, the number of rental properties under management nationwide has already surpassed 700,000 units, and annual net rental income reached 21.9 billion yuan, up 52.8% year over year, marking the first time the company achieved full-year profitability.

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Editor: Song Yafang