On January 21, Jinshi Data reported that GREE REAL ESTATE stated on the interactive platform that the company has disclosed the "Report on the Implementation of Major Asset Replacement and Related Transactions of GREE REAL ESTATE Co., Ltd." on December 31, 2024, and this restructuring has been completed. Through this restructuring, the company will develop into a listed company centered on duty-free business, with a layout around the industrial chain of large consumption operations, and it is expected that the profitability and asset quality will significantly improve. The specific impact of the injection of 51% equity of the duty-free group on the company's future operating performance can be found in the periodic reports disclosed by the company