Gree Real EstateLtd (SHSE:600185) Adds CN¥396m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 37%
Gree Real Estate's H1 Loss to Widen; Shares Drop 5%
Long-established state-owned developer says goodbye to real estate.
Ten years ago, Dong Mingzhu, then chairman of Gree Group, said that Gree should not focus on real estate business, but should focus on home appliances; ten years later, this became true. Gree Real Estate, which has separated from Gree Group, has decided to withdraw from real estate development business. On July 7th, Gree Real Estate announced that it will gradually withdraw from real estate development business in Shanghai, Chongqing, Sanya and other places, and plans to sell corresponding assets and liabilities; at the same time, it has updated its restructuring plan for Zhuhai Duty-Free Group, planning to buy no less than 51% of the equity of Zhuhai Duty-Free Group and promote Gree Real Estate's main business transformation to duty-free business.
2024 Interim Performance Forecast
Gree Real Estate to Dispose of Assets to Buy 51% of Zhuhai Duty Free; Shares Up 6%
More Unpleasant Surprises Could Be In Store For Gree Real Estate Co.,Ltd's (SHSE:600185) Shares After Tumbling 26%
Gree Real Estate (600185.SH): All 29.6608 million stocks held by the sixth phase employee stock ownership plan have been sold.
On June 7th, Geliongui reported that Gree Real Estate (600185.SH) announced that on June 7, 2024, the company received a notice from the sixth employee stock ownership plan management committee (referred to as the 'Committee'): The 29.6608 million shares of the company's stocks held by the sixth employee stock ownership plan have all been sold.
Gree Real EstateLtd (SHSE:600185) Has Debt But No Earnings; Should You Worry?
Gree Real Estate (600185.SH): Not acquiring land or building real estate projects in Chengdu
Gelonghui, May 13 | Gree Real Estate (600185.SH) said on the investor interactive platform that the company's real estate projects are concentrated in Zhuhai, Shanghai, Chongqing, and Sanya, and has not acquired land or built real estate projects in Chengdu.
Some Confidence Is Lacking In Gree Real Estate Co.,Ltd's (SHSE:600185) P/S
Gree Real Estate (600185.SH) announced first-quarter results with a net loss of 103 million yuan
Gree Real Estate (600185.SH) disclosed its report for the first quarter of 2024. The company achieved revenue of 14 during the reporting period...
Gree Real Estate (600185.SH) announced its 2023 annual results, with a net loss of 733 million yuan, and the loss narrowed
According to Zhitong Finance App News, Gree Real Estate (600185.SH) released its 2023 annual report. The company's operating income was 4.732 billion yuan, up 16.95% year on year; net loss attributable to shareholders of listed companies was 733 million yuan, and losses narrowed; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss was 712 million yuan, which narrowed; basic loss per share was 0.39 yuan/share. During the reporting period, the company's net profit attributable to shareholders of listed companies decreased losses compared to the previous year. The main reason was that the calculated impairment of assets such as the company's inventory decreased year-on-year compared to the previous year, and the fair value of investment real estate declined by the same margin
Gree Real EstateLtd (SHSE:600185) Dips 5.9% This Week as Increasing Losses Might Not Be Inspiring Confidence Among Its Investors
Gree Real Estate Co.,Ltd's (SHSE:600185) Largest Shareholders Are Individual Investors Who Were Rewarded as Market Cap Surged CN¥415m Last Week
Gree Real Estate (600185.SH): Making full use of Hengqin's location linkage advantages to expand the company's big consumer business
Gelonghui, Feb. 22丨Gree Real Estate (600185.SH) said on the investor interactive platform that the company will pay close attention to Hengqin's relevant policies, make full use of Hengqin's location linkage advantages, expand the company's large consumer business, and enhance the company's core competitiveness.
Gree Real Estate (600185.SH): The Zhuhai State-owned Assets Administration Commission has launched a new round of restructuring and integration activities. The company has not received relevant notification documents from the Zhuhai State-owned Assets Adm
Gelonghui, Feb. 8: Gree Real Estate (600185.SH) said on the investor interactive platform that according to public information, in order to further optimize the layout of state-owned capital, the Zhuhai State-owned Assets Administration Commission has launched a new round of restructuring and integration activities, and the company has not received relevant notification documents from the Zhuhai Municipal State-owned Assets Administration Commission or controlling shareholders. Up to now, Zhuhai Investment Holdings Co., Ltd., the controlling shareholder of the company, has pledged 360 million shares, accounting for 42.49% of the company's shares and 19.10% of the company's total share capital. For details, see the company's relevant announcements.
Is Gree Real EstateLtd (SHSE:600185) Using Too Much Debt?
Gree Real Estate (600185.SH): Chairman Chen Hui is also the director, general manager and legal representative of Zhuhai Duty Free Group
Gelonghui, January 25 | Gree Real Estate (600185.SH) said on the investor interactive platform that Mr. Chen Hui, the chairman of the company, is also the director, general manager and legal representative of the Zhuhai Duty Free Group. Please pay attention to the official information of the Zhuhai Duty Free Group regarding the organizational structure of the Zhuhai Duty Free Group.
Gree Real Estate (600185.SH): Currently not participating in the urban village renovation project in Zhuhai
Gelonghui, January 25丨Gree Real Estate (600185.SH) said on the investor interactive platform that the company is currently not participating in the Zhuhai Urban Village Renovation Project.
Gree Real Estate (600185.SH): Subsidiary agreement to transfer 5% of Kehua Biotech and the voting rights entrustment matters were approved by the Zhuhai Municipal State-owned Assets Administration Commission
Gelonghui, January 19, 丨 Gree Real Estate (600185.SH) announced that on January 11, 2024, Zhuhai Baolian Investment Holdings Co., Ltd. (hereinafter referred to as “Zhuhai Baolian”), a wholly-owned subsidiary of the company, and Xi'an Zhitong Benyi Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as “Grant Tong Benyi”) signed a “Share Transfer Agreement” and a “Voting Rights Entrustment Agreement”. Zhuhai Baolian plans to transfer 25,715,106 shares of Shanghai Kehua Bioengineering Co., Ltd. (hereinafter referred to as “Kehua Biotech”) (accounting for 5% of Kehua Biotech's total share capital) to Grant Thornton Capital.
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