Caixian News Agency, May 9 (Xinhua)-- according to the announcement of the development of Shandong businessmen, the company has completed the registration procedures for industrial and commercial change, and it is proposed to change the short name of securities from "development of Shandong businessmen" to "Freda." The company said that the change of securities is based on the company's overall development strategy and business development needs. After the divestiture of the real estate company, the company will focus on the two main industries of medicine and functional cosmetics.