The media quoted people familiar with the matter as saying that Zhuhai Huafa Group is in negotiations with Zhuhai Gree Group to sell one of its Marriott brand hotels. The target negotiation valuation is about 2 billion yuan. After the deal is implemented, it will directly increase Huafa's cash reserves and ease current liquidity pressure. According to the news, Huafa Group has already informed some creditors of this asset disposal plan. The target hotel belongs to the Jinwan Huafa International Business Center complex and is owned by Huafa's subsidiary. The complex includes various business formats of hotels, offices, and retail. The project previously disclosed a total investment of 1,969 billion yuan. At the same time, Huafa also sent a signal that it plans to continue to dispose of more hotel assets and continue to optimize the financial structure.

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