GRANDJOY(SZ:000031) Mei Ri Jing Ji Xin Wen·2025-11-18 23:18Group 1: Real Estate Developments - Beijing Haidian District has officially listed a comprehensive land parcel with a starting price of 8.422 billion yuan, covering an area of 77,100 square meters and a planned construction area of approximately 225,400 square meters, indicating the scarcity of land resources in the area and the market's recognition of the value of the technology innovation core zone [1] - The privatization plan of Joy City Property has been approved, with the company's listing status on the Hong Kong Stock Exchange expected to be revoked on November 27, following the approval of shareholders at a court meeting, reflecting a strategic choice for resource allocation and focus during the industry's adjustment period [4] Group 2: Corporate Transactions - Zhuhai Jinwan Group plans to sell 100% equity of Gree Real Estate for 5.518 billion yuan to Zhuhai Toujie Holdings, marking a strategic shift towards focusing on the duty-free business and consumer sector, indicating a transition from real estate to duty-free consumption trends [2] - Kington Service is facing a mandatory cash offer for all its shares at a revised price of 8.69 HKD per share, with potential privatization reflecting the deep adjustments within China's property management industry, aiming for a restructuring post-privatization [3] Group 3: Leadership Changes - China Nanshan Development Group has elected Jiang Tiefeng as the new chairman, succeeding Wang Xiufeng, with the change being a normal personnel adjustment that is not expected to negatively impact the company's operations or debt repayment capabilities, indicating a new phase of collaboration within the招商系 enterprises [5]