Group 1 - The company plans to divest its tourism real estate business, which is expected to improve profitability and optimize resource allocation [1] - The divestiture is projected to result in a one-time loss of HKD 1.6 billion due to the reallocation of cumulative exchange differences [1] - The company has signed an agreement to acquire 100% equity of Songhua Lake Resort, which is expected to enhance its leisure tourism destination layout and management service capabilities [2] Group 2 - During the National Day and Mid-Autumn Festival holidays, the company's international scenic spots received over one million visitors, with some destinations experiencing over 100% year-on-year growth in visitor numbers [2] - The company reported a tax loss of HKD 4.6 billion, HKD 2.4 billion, and HKD 1.9 billion for the years 2023, 2024, and the first half of 2025 from its tourism real estate business [1] - The company is focusing on its core business, which is expected to enhance profitability and reduce debt levels [1]