Core Viewpoint - Kaisa Group (01638) has signed a strategic cooperation agreement with CITIC Urban Development Group to advance the Shenzhen Futian Jiayuan project, aiming to set a benchmark for the "good housing" initiative by enhancing project quality and value [1] Group 1: Strategic Cooperation - The agreement was signed on August 18, 2025, and focuses on resource integration and collaborative advantages through a "joint management" model [1] - This partnership represents an innovative urban renewal model combining state-owned enterprise support with market-oriented operations, achieving a strategic goal of scientific collaboration among multiple stakeholders [1] Group 2: Market Impact - The collaboration aims to revitalize core assets quickly and contribute to the "good housing" initiative, ensuring homeowners achieve a stable living environment [1] - It is expected to boost market confidence and serve as a stabilizing factor for the real estate market, promoting price stability and healthy, high-quality development [1] Group 3: Long-term Strategy - This cooperation aligns with Kaisa Group's long-term strategic planning, enhancing the value of core projects in the Guangdong-Hong Kong-Macao Greater Bay Area and unlocking existing potential [1] - The partnership is deemed to have significant positive implications for the company's future sustainable development [1]