Group 1 - The company has approved its subsidiary, Guangzhou Bai Shuizhai Scenic Area Operation Management Co., Ltd., to participate in the bidding for the operational rights of the Bai Shuixian Waterfall Scenic Area, with a transaction deposit of 10 million yuan [1] - The bidding aligns with the company's strategic planning and operational needs, aiming to expand into the cultural tourism sector and provide new economic growth points [1] - The funding for the bidding will come from the subsidiary's own funds, and it will not significantly impact the company's financial status or operating results [2] Group 2 - The bidding process is public, and there is uncertainty regarding the outcome and whether the transaction will be completed [2] - The company will continue to monitor the progress of the bidding and fulfill its information disclosure obligations as required [2]