
Group 1: Financial Performance - The company reported a revenue of 14.827 billion RMB for the six months ending June 30, 2025, with property sales revenue accounting for 8.905 billion RMB, representing 60.1% of total revenue [1] - The total contracted sales amounted to 13.523 billion RMB, with a contracted sales area of 1.109 million square meters during the same period [1] - The company maintained a prudent operational strategy in response to market conditions, focusing on detailed management of existing projects and optimizing development pace [1] Group 2: Market Strategy and Product Development - The company is leveraging new production capabilities to redefine real estate development, emphasizing product quality and customer needs [2] - New projects are being developed with differentiated selling points through unit type iterations, landscape upgrades, and smart community systems [2] - As of June 30, 2025, the company has approximately 13.21 million square meters under construction and completed around 1.5 million square meters during the period [2] Group 3: Commercial Operations - The company's commercial operations remained stable, with a 5% year-on-year increase in foot traffic for managed projects, although total sales saw a slight decline of 1% compared to the previous year [3] - The overall occupancy rate for managed commercial projects approached 90%, while the occupancy rate for office buildings was 70% [3] - The company employed flexible leasing strategies and strengthened tenant relationships to maintain stable occupancy rates [3]