华发系高管换防：格力地产换帅转型免税，华发股份“战略换挡”

Group 1 - The core viewpoint of the article highlights significant personnel changes within the Huafa Group and its subsidiaries, Gree Real Estate and Huafa Co., aimed at strategic realignment and operational efficiency [1][2][3] - Gree Real Estate has been transitioning from real estate development to duty-free operations, with a focus on leveraging its acquisition of a 51% stake in Zhuhai Duty-Free to reverse its ongoing losses [2][4] - The new management team at Huafa Co. is expected to drive internal innovation, focusing on refined operations and financial management to address recent performance declines [6][7] Group 2 - Gree Real Estate reported a cumulative net profit loss exceeding 4 billion yuan from 2022 to the third quarter of 2024, indicating the urgency of its transformation efforts [3][5] - The new leadership at Huafa Co. includes experienced executives with backgrounds in urban development and financial management, which may enhance the company's operational capabilities [6][7] - The strategic shift aims to delineate business boundaries between Gree Real Estate and Huafa Co., with Gree focusing on duty-free and non-real estate sectors while Huafa concentrates on core urban markets [3][4]