Core Insights - The Shanghai Power Station of Art (PSA) has reopened its third floor, named "Gabrielle Chanel Space," after a year and a half of renovations, aiming to become a new cultural landmark on the south bank of the Huangpu River [1] - PSA and the Chanel Cultural Fund initiated the "New Cultural Producer" project in September 2021, focusing on innovative exhibition proposals from 2022 to 2025, with themes including "Craft Revival," "Active Architecture," and "Theater" [1] - The library on the third floor spans 1,700 square meters, designed by renowned Japanese architect Kengo Kuma, featuring an immersive reading experience with a collection of 50,000 books, of which over 10,000 will be publicly accessible initially [1] Group 1 - The updated theater has 300 seats and can host various events, including video art, stage performances, sound experiments, and product launches, while allowing interaction with other exhibition halls [2] - The design center, psD (Power Station of Design), has also been upgraded, enhancing its space functionality to serve as a core venue for exhibitions and creative practices [2]