Group 1 - The company plans to change its Chinese name to Zhuhai Zhuhai Mian Group Co., Ltd. and its stock abbreviation to "Zhuhai Mian Group" [1] - The company is undergoing a major asset swap involving the exchange of 51% equity in Zhuhai Duty-Free Group Co., Ltd. for 100% equity in several of its subsidiaries and a loan of 500 million yuan [1][2] - The estimated final price for the 51% equity in Zhuhai Duty-Free Group is approximately 4.579 billion yuan, while the assets being swapped are valued at about 5.505 billion yuan [1] Group 2 - The company aims to gradually exit the real estate development business and transition to a focus on duty-free operations, enhancing asset quality and profitability [2] - Following the transaction, the company's revenue for the first half of 2024 is projected to be 1.936 billion yuan, an increase of 427.436 million yuan compared to before the transaction, with duty-free sales accounting for 64.56% of total revenue [2] - The gross profit from duty-free sales is expected to be 629 million yuan, representing 79.03% of total gross profit, significantly alleviating the company's losses [2]
格力地产:证券简称拟变更