Core Viewpoint - The company, Electronic City (600658.SH), has issued a risk warning announcement stating that its production and operational activities are currently normal, with no significant changes in the internal and external operating environment or main business [1] Group 1: Business Operations - The company’s main business remains focused on the operation of technology industrial parks, which are expected to continue facing significant pressure in sales and leasing activities due to market conditions [1] - The industrial park market is anticipated to remain in a deep adjustment phase until 2025, with commercial and office products facing challenges such as high inventory levels, long de-stocking cycles, and downward price pressures [1] Group 2: Business Transition - The company is in the process of transitioning towards technology urban renewal services, technology industrial services, and information and digital services, but these new business areas have not yet made a significant contribution to revenue and profit [1]