Gree Real Estate (600185.SH): Major asset replacement and related Trade matters have been approved by the Zhuhai State-owned Assets Supervision and Administration Commission.

Gelonghui Finance · Dec 13 18:37

Gelonghui, December 13 | Gree Real Estate (600185.SH) announced that the company plans to replace 100% of the shares of Shanghai Haikong Baolian Real Estate Co., Ltd., 100% of the shares of Shanghai Haikong Tailian Real Estate Co., Ltd., 100% of the shares of Sanya United Construction and Development Co., Ltd., 100% of the shares of Chongqing Liangjiang New Area Gree Real Estate Co., Ltd. and the company's related external debts, and 51% of the shares of Zhuhai Duty Free Enterprise Group Co., Ltd. held by Zhuhai Investment Holdings Co., Ltd. Cash supplement (hereinafter referred to as “this transaction” or “this restructuring”).

As of the date of this announcement, the State-owned Assets Supervision and Administration Commission of the Zhuhai Municipal People's Government (hereinafter referred to as “Zhuhai State-owned Assets Administration Commission”) has issued relevant approval documents, and the Zhuhai Municipal State-owned Assets Administration Commission has agreed in principle to the company's restructuring plan.

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格力地产(600185.SH)：重大资产置换暨关联交易事项获得珠海市国资委批复

Gree Real Estate (600185.SH): Major asset replacement and related Trade matters have been approved by the Zhuhai State-owned Assets Supervision and Administration Commission.

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