YTCO(SH:600066) He Nan Ri Bao·2025-07-03 23:30Core Viewpoint - The article highlights the efforts of the Henan provincial government and state-owned enterprises to address housing challenges for new citizens and young professionals by converting existing commercial housing into affordable rental housing [1][2]. Group 1: Housing Initiatives - The company has signed contracts for two projects, covering nearly 150,000 square meters and over 2,000 housing units, aimed at providing affordable rental options for new citizens and young professionals in Zhengzhou [1]. - The initiative includes organizing various cultural and sports activities to enhance the community experience for residents, creating a sense of belonging [1]. Group 2: Government Support and Policies - The provincial government is actively promoting the acquisition of existing commercial housing for use as affordable rental housing, utilizing state-owned enterprises to facilitate this process [2]. - The government is exploring various funding sources, including special bonds and loans, to support the acquisition of existing housing for affordable rental purposes [2]. - The initiative aims to meet the rigid housing demands of young people, new citizens, and low-income groups, thereby improving living conditions and stability [2].