Core Viewpoint - The report highlights the resilience of the company, with significant improvements in key financial metrics despite a reduction in net profit loss [1] Financial Performance - The company's net profit attributable to shareholders decreased by 1.178 billion yuan year-on-year [1] - Gross margin increased by 4.12 percentage points to 11.03% [1] - Operating revenue grew by 60.31% year-on-year [1] Cash Flow - The net cash flow from operating activities reached 5.049 billion yuan, representing a substantial increase of 304.29% year-on-year, primarily due to inventory reduction and strict cost control measures [1] Financing Support - The company received support from its major shareholder, Shoukai Group, in the form of a 3 billion yuan perpetual bond, contributing to financial stability [1] Strategic Development - In the third quarter, the company successfully acquired a core land parcel in Beijing's Chaoyang District for 446 million yuan, enhancing its land reserve for future development [1] - A series of proactive measures demonstrate the company's progress in operational quality, financial management, and strategic planning, laying a solid foundation for sustainable long-term growth [1]