Gree Real Estate announced that the company plans to replace 100% of the shares held by various subsidiaries and related foreign debts with 51% of the tax-exempt group's shares held by Hainan Investment Company. The difference will be covered by cash. On August 29, 2024, the board of directors and board of supervisors of the company reviewed and passed the relevant bill, but the relevant audit and evaluation work has not yet been completed, and a shareholders' meeting will not be held for consideration. The transaction plan requires approval, approval, filing or permission from the board of directors, shareholders' meetings and relevant laws and regulations before it can be officially implemented, and there is uncertainty. The company will continue to disclose relevant information. Investors are kindly requested to pay attention to subsequent announcements and investment risks.

Gree Real Estate announced that the company plans to replace 100% of the shares held by various subsidiaries and related foreign debts with 51% of the tax-exempt group's shares held by Hainan Investment Company. The difference will be covered by cash. On August 29, 2024, the board of directors and board of supervisors of the company reviewed and passed the relevant bill, but the relevant audit and evaluation work has not yet been completed, and a shareholders' meeting will not be held for consideration. The transaction plan requires approval, approval, filing or permission from the board of directors, shareholders' meetings and relevant laws and regulations before it can be officially implemented, and there is uncertainty. The company will continue to disclose relevant information. Investors are kindly requested to pay attention to subsequent announcements and investment risks.