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[Zhuhai Duty Free Group: Gree Group will become the company’s indirect controlling shareholder] On September 3, Zhuhai Duty Free Group (600185.SH) announced that the company received a notice from the indirect controlling shareholder Huafa Group that the Zhuhai Municipal State-owned Assets Supervision and Administration Commission agreed in principle that Huafa Group would transfer its 96.28% stake in the overseas investment company and the 23% stake in the duty-free group and other assets to Gree Group. After this change, Gree Group will indirectly hold 44.95% of the company's equity through Haitou Company and become the company's indirect controlling shareholder. The company's controlling shareholder will still be Haitou Company, and the actual controller will still be Zhuhai State-owned Assets Supervision and Administration Commission.
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