GeLonghui October 22nd | Midea Real Est announced on the evening of October 22nd that it has completed cash payment to shareholders who choose cash alternative, distributed private company stock certificates, made corresponding changes in private company board of directors to meet the requirements of corporate governance norms of listed companies. With this, Midea Real Est has formally completed the restructuring. On the same day, to comply with the listed company's "Enterprise Governance Rules," the company changed some members of the board of directors and adjusted the functions of the directors. Renamed Ren Lingyan as a non-executive director, Wang Quanhui resigned as an executive director of the company due to job adjustments and devoted more time to the group's business operations.