ZHUHAI ZHUMIAN GROUP plans to transfer 100% equity of Gree Real Estate to Toujie Holdings, which is expected to constitute a major asset restructuring
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ZHUHAI ZHUMIAN GROUP plans to transfer its 100% equity in Zhuhai Gree Real Estate Co., Ltd. to Zhuhai Toujie Holdings Co., Ltd., which is expected to constitute a major asset restructuring. This transaction will be conducted in cash, will not involve the issuance of shares, and will not change the controlling shareholder and actual controller. After the transaction, the company will focus on duty-free business, reduce its asset-liability ratio, optimize its asset structure, and improve operational efficiency
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