Core Viewpoint - Gree Real Estate (600185) is undergoing a significant change in its controlling shareholder structure, with Zhuhai Investment Holding Co., Ltd. transferring 100% of its shares to Huafa Group, which will indirectly control 44.95% of Gree Real Estate's shares [1] Group 1: Shareholder Structure Change - The transfer of 100% equity of Zhuhai Investment Holding Co., Ltd. to Huafa Group is a key development in Gree Real Estate's ownership structure [1] - This acquisition allows Huafa Group to gain indirect control over Gree Real Estate, enhancing its influence in the real estate sector [1] Group 2: Business Transition - The equity transfer is viewed as a crucial step for Gree Real Estate to accelerate its exit from the real estate development business [4] - Gree Real Estate has been facing continuous losses since 2022 due to the deep adjustment in the real estate industry [4] - The company plans to change its name to "Zhuhai Zhuhai Mian Group Co., Ltd." and shift its business focus from real estate development to duty-free goods sales and general projects [4] Group 3: Huafa Group Overview - Huafa Group, established in 1986, has developed a business structure centered around three major industry clusters: technology, urban development, and finance [3] - The urban development cluster includes urban operations, real estate development, commercial services, and modern services [3] - Huafa Group is recognized as the largest comprehensive state-owned enterprise group in Zhuhai, with significant advantages in real estate, finance, and urban operations [5]

真正的告别总显得悄无声息，格力地产（600185.SH）在2025年春夏之交，和房地产说再见。 4月，格力地产发布公告称，收到控股股东珠海投资控股有限公司（海投公司）通知，珠海市国资委将海投公司整体无偿划转至珠海华发集团。此次划转 后，海投公司成为华发集团二级企业，格力地产则降至三级子公司。 格力地产公告 降格不是终局，业务全面转型才是格力地产最大的肉身变化。在完成重大资产重组后，格力地产置出房地产业务并更名为"珠免集团"，战略转型为免税业 务集团。"格力地产"四字，自此江湖除名。 支柱产业不是法外之地，捧着金饭碗也可能去要饭，格力地产把一手好牌打得稀烂当然是它被整合的主因，另一个原因则是珠海国资委对市属国企的重新 布局。"一个GDP不过4500亿的城市，国企数量也太多了。"一个珠海国企的高管朋友说。 珠海国企有过一轮调整，从17家减少到现在的12家。珠海的产业特点是没有特别重的产业，几任领导一直在推光伏、新能源。现在的主要领导则按照国家 推动新质生产力的要求，在科创产业方面做文章，主推人工智能、大数据。 房地产行业对珠海来说，成了落后生产力的代表。落后就要挨打，就要被整合。连华发股份这种行业前10的公司，在 ...

关于控股股东股权结构变动的进展公告 格力地产股份有限公司 | 证券代码：600185 | 股票简称：格力地产 | | 编号：临 2025-015 | | --- | --- | --- | --- | | 债券代码：250772 | 债券简称：23 | 格地 01 | | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 2025 年 4 月 14 日，格力地产股份有限公司（以下简称"公司"）收到珠海 华发集团有限公司（以下简称"华发集团"）出具的《收购报告书摘要》，珠海 市人民政府国有资产监督管理委员会（以下简称"珠海市国资委"）将持有的珠 海投资控股有限公司（以下简称"海投公司"）100%股权无偿划转至华发集团， 本次权益变动将导致华发集团间接控制海投公司持有的公司 44.95%股份。前述 国有股权无偿划转的工商变更登记已于同日办理完成。 本次权益变动不涉及公司控股股东和实际控制人变更，不会导致公司控制权 发生变化。现将相关情况公告如下： 一、公司控股股东股权结构变动情况 特此公告。 格力地产股份有限公司 董事会 二〇 ...

格力地产股份有限公司 收购报告书摘要 三、收购人签署本报告书摘要已获得必要的授权和批准，其履行亦不违反收 购人章程或内部规则中的任何条款，或与之相冲突。 四、本次收购涉及的相关事项已取得珠海市国资委出具的《关于将珠海投资 控股有限公司整体无偿划转至珠海华发集团有限公司的通知》（珠国资〔2025〕 49 号）。收购人通过国有股权无偿划转方式取得海投公司 100%的股权，从而导 致间接持有格力地产 44.95%的股份。本次收购系经政府或者国有资产管理部门 批准进行国有资产无偿划转，导致投资者在一个上市公司中拥有权益的股份占该 公司已发行股份的比例超过 30%，符合《上市公司收购管理办法》第六十三条规 定的免于发出要约的情形，收购人可免于发出要约。 上市公司名称：格力地产股份有限公司 股票上市地点：上海证券交易所 股票简称：格力地产 股票代码：600185 收购人名称：珠海华发集团有限公司 收购人住所：珠海市拱北联安路 9 号 通讯地址：珠海市香洲区昌盛路 155 号 签署日期：二〇二五年四月 格力地产股份有限公司 收购报告书摘要 收购人声明 一、本报告书摘要系收购人依据《中华人民共和国证券法》《上市公司收购 管理 ...

Core Viewpoint - Gree Real Estate is undergoing significant restructuring as its controlling shareholder, Zhuhai Investment Holdings, is being transferred to Zhuhai Huafa Group, indicating a major internal adjustment within Zhuhai's state-owned enterprises [1][20]. Group 1: Company Restructuring - Gree Real Estate's parent company, Zhuhai Investment Holdings, will become a secondary company under Huafa Group, making Gree Real Estate a tertiary company under the same group [1]. - The restructuring is expected to involve the division of various business segments, such as real estate and duty-free operations, into different subsidiaries of Huafa Group [1][21]. - Gree Real Estate has already begun to transition away from real estate development, focusing instead on the duty-free business, with plans to change its name to "Zhuhai Duty-Free Group" [10][12]. Group 2: Financial Performance Comparison - In 2023, Huafa Group reported revenues of 721.45 billion yuan, while Gree Real Estate's revenue was only 47.32 billion yuan, less than one-tenth of Huafa's [7][6]. - Gree Real Estate has faced multiple issues, including allegations of insider trading and financial fraud, which have damaged its reputation in the market [9][8]. Group 3: Market Expectations - The market has shown optimism regarding Huafa Group's acquisition of Zhuhai Investment Holdings, as evidenced by a recent surge in Gree Real Estate's stock price [24]. - There are predictions that Huafa Group may inject its stake in Zhuhai Duty-Free Group into Gree Real Estate, further solidifying its position in the duty-free market [26]. - The restructuring efforts by Zhuhai's state-owned assets supervision are aimed at creating a stronger enterprise that could potentially enter the Fortune Global 500 list [27].

【3】格力地产无偿划转至华发集团 近日，格力地产发布公告称，公司收到控股股东海投公司通知，珠海市国资委将海投公司整体无偿划转 至华发集团。 【1】南京：购房人可获新房合同金额1%政府补助 近日，南京市住房保障和房产局发布南京市2025年住房消费"以旧换新"政府补助活动须知。 据悉，3月31日至12月31日内购房人将获得新建商品住房合同金额1%的政府购房补助，且可叠加享受各 区其他购房补助政策。补助对象为2025年3月31日至12月31日期间购置住房的市民，首批政府补助资金 达1亿元，实行总量控制。 【2】信达地产2024年归母净利润亏损7.84亿元，同比下降255.12% 近日，信达地产发布2024年年度报告显示，2024年信达地产实现营业收入80.28亿元，同比下降29.7%； 归母净利润亏损7.84亿元，同比下降255.12%。 此外，2024年信达地产累计实现销售面积47.57万平方米，销售金额82.69亿元，回款金额82.09亿元。新 开工面积74.70万平方米，竣工面积267.23万平方米，新获取项目计容建筑面积144.63万平方米。 近日，世茂集团披露3月未经审核经营简报。简报显示，3月世茂集团及 ...

Core Viewpoint - The restructuring of Zhuhai State-owned Assets has officially begun, with Gree Real Estate being integrated into Huafa Group, marking a significant shift in its operational structure and focus towards the duty-free market [1][3]. Company Summary - Gree Real Estate has faced significant challenges due to aggressive expansion leading to management issues, resulting in a revenue of only 4.732 billion yuan in 2023, which is less than one-tenth of Huafa's revenue [1][3]. - The company has announced its exit from traditional real estate development due to ongoing operational difficulties and financial mismanagement, including a cumulative net profit loss of 3.417 billion yuan over 2022 and 2023 [4][6]. - Gree Real Estate's financial reporting has been criticized for inaccuracies, leading to a loss of investor trust and legal scrutiny for its former chairman [5][6]. Industry Summary - The duty-free market is currently facing challenges, with a reported 29.3% decline in duty-free shopping amounts in Hainan for 2024, alongside a 15.88% drop in shopping visitors [6][7]. - Major players in the duty-free sector, such as China Duty Free Group, have also reported significant revenue declines, indicating a broader industry contraction [6][7]. - The rise of e-commerce is further complicating the competitive landscape for duty-free stores, as consumers are increasingly drawn to online shopping for its price transparency and discounts [6][7].

Core Viewpoint - Gree Real Estate has undergone a significant change in its controlling shareholder, shifting from Zhuhai Investment Holdings to Huafa Group, as part of a strategic transition towards a focus on duty-free and consumer businesses [1][2][3] Group 1: Shareholder Change - Gree Real Estate announced on April 10 that its controlling shareholder has changed due to the transfer of Zhuhai Investment Holdings to Huafa Group, making Gree a subsidiary of Huafa [1] - Following the transfer, Gree Real Estate is now a tertiary subsidiary of the Zhuhai State-owned Assets Supervision and Administration Commission (SASAC), which remains the actual controller of the company [1][2] Group 2: Business Transition - Gree Real Estate plans to exit the real estate development business by July 2024, shifting its focus to the duty-free sector as part of its overall strategic consideration [1][2] - The company has already begun asset restructuring, exchanging its remaining real estate interests in cities like Shanghai and Sanya for a 51% stake in a duty-free group [1][2] Group 3: Historical Context and Future Plans - The intention to expand into the duty-free business has been in place since 2020, with Gree Real Estate previously attempting to acquire all shares of Zhuhai Duty-Free [2] - Gree Real Estate is set to change its name to "Zhuhai Zhuhai Duty-Free Group Co., Ltd." to reflect its new focus on consumer-oriented businesses [2] - The company has committed to not adding new real estate development projects and will dispose of any remaining real estate operations within five years if not fully exited [2][3] Group 4: Financial Performance - Gree Real Estate reported a revenue of only 1.893 billion yuan in the first half of 2024, with a net loss of 777 million yuan [3] - The total revenue from its real estate business for the entire year of 2023 was merely 4.233 billion yuan [3] - In contrast, Huafa Group's real estate sales reached 105.444 billion yuan, placing it among the top ten real estate companies in China [2][3]

证券代码：600185 股票简称：格力地产 编号：临2025-013 债券代码：250772 债券简称：23格地01 格力地产股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 登录新浪财经APP 搜索【信披】查看更多考评等级 重要内容提示： ● 格力地产股份有限公司（以下简称"公司"）股票于2025年4月8日、4月9日、4月10日连续三个交易日 内日收盘价格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》相关规定，属于股票交易异 常波动的情形。 ● 经公司自查并向控股股东、实际控制人及相关方函询，截至本公告披露日，除已披露事项外，公司不 存在其他应披露而未披露的重大信息。 一、股票交易异常波动的具体情况 公司股票于2025年4月8日、4月9日、4月10日连续三个交易日内日收盘价格涨幅偏离值累计达到20%， 根据《上海证券交易所交易规则》相关规定，属于股票交易异常波动的情形。 二、公司关注并核实的相关情况 （一）生产经营情况 公司目前经营情况正常，日常经营情况及外部环境未发生重大变 ...

| 证券代码：600185 | 股票简称：格力地产 | | 编号：临 2025-013 | | --- | --- | --- | --- | | 债券代码：250772 | 债券简称：23 01 | 格地 | | 格力地产股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 格力地产股份有限公司（以下简称"公司"）股票于 2025 年 4 月 8 日、 4 月 9 日、4 月 10 日连续三个交易日内日收盘价格涨幅偏离值累计达到 20%，根 据《上海证券交易所交易规则》相关规定，属于股票交易异常波动的情形。 经公司自查并向控股股东、实际控制人及相关方函询，截至本公告披露 日，除已披露事项外，公司不存在其他应披露而未披露的重大信息。 一、股票交易异常波动的具体情况 公司股票于 2025 年 4 月 8 日、4 月 9 日、4 月 10 日连续三个交易日内日收 盘价格涨幅偏离值累计达到 20%，根据《上海证券交易所交易规则》相关规定， 属于股票交易异常波动的情形。 二、公司关注 ...