Group 1 - The company held its 25th meeting of the 8th Board of Directors on May 29, 2025, with all 9 directors present, confirming the legality and validity of the meeting [1][2] - The company plans to sign a strategic cooperation agreement with the Taizhou Bay New District Management Committee to develop a large-scale performance project named "East China Sea Eternal Love" [1][2] - The total service fee for the project is set at 260 million RMB, and the company will manage the project's daily operations, receiving 8% of the annual operating income as a management fee for a period of ten years [1][2] Group 2 - The Board believes this cooperation will enhance the company's industry position and brand recognition, providing sustainable profit growth opportunities [2] - The proposal was unanimously approved by the Board with 9 votes in favor and no opposition [2]