Zhuhai Port: Intends to sell 100% equity of Gree Real Estate for 5.518 billion yuan, received inquiry letter from the Shanghai Stock Exchange.

Zhuhai Zhumei Group announced that the company plans to sell 100% equity of its subsidiary Zhuhai Gree Real Estate to its affiliate Zhuhai Investment Holding Group for a transaction price of 5,517,536.5 million yuan, which constitutes a major asset restructuring. In 2025, the company received an inquiry letter from the Shenzhen Stock Exchange, requesting further explanations and clarifications on the transaction arrangements, guarantee matters, and other issues, such as whether there are any legal risks in the asset delivery arrangement, the performance ability of Investment Holding Group, supplementary disclosure of guarantees, and the inventory of the target assets. The company will actively prepare responses, but the completion of this transaction still requires multiple approvals, and the results and timeline are uncertain.