Financial Performance - In 2024, the company achieved operating revenue of 981.09 million CNY, total profit of 94.62 million CNY, net profit of 57.26 million CNY, and net profit attributable to shareholders of 37.41 million CNY [6] - As of the end of 2024, total assets amounted to 7.27 billion CNY, with equity attributable to the parent company totaling 4.78 billion CNY [6] Project Development - Major ongoing projects include the Shiyong Fengjing Plaza Phase I (hotel project), Wanrong Commercial Center, and Shiyong Jingguan Garden, with the Wanrong Commercial Center expected to be completed within the year [3] - The construction period for Shiyong Jingguan Garden will extend until 2026 [3] Market Environment - The real estate policy environment in China is expected to maintain a loose tone in 2025, with multiple supportive measures announced to stabilize the market [4] - The government has emphasized the need to "continuously push for the stabilization of the real estate market" through various policy measures [4] Competitive Advantages - The company has maintained a strong market share in the Guangdong-Hong Kong-Macao Greater Bay Area, with over 1 million square meters of quality land reserves in Zhuhai [7] - The company benefits from lower land acquisition costs compared to regional peers, allowing for greater investment in product development and service upgrades [7] Talent Attraction Policies - Recent talent introduction policies in Zhuhai, such as relaxed residency requirements and housing subsidies, have positively impacted housing sales by increasing demand from new residents [8] Dividend Plan - The profit distribution plan for 2024 proposes a cash dividend of 0.1 CNY per 10 shares, totaling approximately 8.09 million CNY, with no stock dividends or capital reserve transfers [9] Corporate Social Responsibility - The company has committed approximately 100 million CNY to community service and public welfare initiatives, actively participating in volunteer activities and community development projects [10]