Group 1: Financial Performance - In 2024, the company achieved a revenue of 363 million CNY, a year-on-year increase of 6.80%, but net profit significantly declined due to non-recurring losses related to legal settlements [1] - The company's total assets increased by 55.02% in 2024, primarily due to funds raised from non-public offerings, while net profit decreased due to legal-related non-recurring losses [3] - The accounts receivable rose from 72.71 million CNY to 107 million CNY, an increase of 47.75%, impacting cash flow [4] Group 2: Business Strategy and Operations - The company plans to maintain its presence in the real estate service sector despite a 35.34% decrease in service revenue, focusing on enhancing service differentiation and market recognition [2] - A diversified development strategy is in place to gradually reduce the proportion of residential services while increasing non-residential service offerings, targeting sectors like office buildings, government offices, schools, hospitals, and shopping centers [5] - The company is implementing a comprehensive cost control system, including budget management and procurement optimization, to improve operational efficiency [2] Group 3: Future Plans and Challenges - The company aims to enhance profitability and optimize its business structure by exploring high-margin sectors and strengthening accounts receivable management [6] - There are ongoing legal disputes related to false securities statements, and the company is employing a professional legal team to mitigate potential negative impacts on operations and reputation [6] - The company is addressing talent shortages in specialized fields by enhancing internal training and external recruitment efforts [6]