Core Viewpoint - Kaisa Group (01638) has signed a strategic cooperation agreement with CITIC Urban Investment Group to enhance the Shenzhen Futian Jiayuan project, aiming to set a benchmark for the "good housing" initiative by 2025 [1] Group 1: Strategic Cooperation - The agreement emphasizes a "joint management" model to efficiently advance project construction and improve quality and value [1] - This collaboration represents a deepened practice of the innovative urban renewal model combining state-owned enterprise support with market operations [1] Group 2: Market Impact - The partnership aims to revitalize core assets and contribute to the "good housing" and "good life" initiatives, enhancing residents' living conditions [1] - The cooperation is expected to boost market confidence and serve as a stabilizing factor for the real estate market, promoting price stability and healthy development [1] Group 3: Long-term Strategy - This collaboration aligns with Kaisa Group's long-term strategic planning, facilitating the activation of core project values in the Guangdong-Hong Kong-Macao Greater Bay Area [1] - The initiative is anticipated to release existing potential and enhance industrial value, significantly benefiting the company's sustainable development [1]