Group 1: Financial Performance - In 2024, the company reported a revenue of 21,398.16 million, a decrease of 43.61% year-on-year [3] - The operating profit was -21,902.17 million, down by 5,079.25% compared to the previous year [3] - The total profit amounted to -21,915.83 million, reflecting a decline of 5,081.77% [3] - The net profit attributable to shareholders was -22,028.75 million, a decrease of 2,899.63% [3] - The net cash flow from operating activities was positive at 44.11 million [2] Group 2: Reasons for Performance Decline - The decline in performance was attributed to three main factors: 1. Market fluctuations leading to a decrease in business scale while costs remained rigid, resulting in reduced gross margin and gross profit [2] 2. Changes in the repayment ability of some clients, leading to credit impairment losses on accounts receivable [2] 3. Impairment of fixed assets and investment properties due to fluctuations in housing prices [2] Group 3: Strategic Goals for 2025 - The company aims to focus on three main markets: central enterprises, city investment, and leading companies, enhancing customer retention through innovation [2] - Plans to accelerate the promotion of an integrated urban renewal model through the renovation of De Lin Apartments [2] - The goal is to maintain a stable market share in the core business of architectural design [2] Group 4: Competitive Advantages - The company has established a multi-level design R&D team, enhancing its creative and innovative capabilities [3] - It has received multiple awards from various architectural associations, establishing a strong brand reputation [3] - The company has accumulated extensive project experience in landmark buildings and urban renewal, providing a competitive edge [3] Group 5: Market Outlook - The long-term sustainable development trend of the real estate and architectural design industry remains unchanged, with expectations for market stabilization [4] - The company is committed to enhancing its quality and investment value while actively managing investor relations [4]