Core Viewpoint - The company, Electronic City (600658.SH), has issued a risk warning announcement stating that its production and operational activities are currently normal, with no significant changes in the internal and external operating environment or main business [1] Group 1: Business Operations - The company’s main business remains focused on the operation of technology industrial parks, which are expected to continue facing significant pressure in sales and leasing activities due to market conditions [1] - The industrial park market is anticipated to remain in a deep adjustment phase until 2025, with commercial and office products facing challenges such as high inventory levels, long de-stocking cycles, and downward price pressures [1] Group 2: Business Transition - The company is in the process of transitioning towards technology urban renewal services, technology industrial services, and information and digital services, but these new business areas have not yet made a significant contribution to revenue and profit [1]

Core Viewpoint - The company, Electronic City (600658.SH), has issued a stock trading risk warning, indicating that its production and operational activities are normal, with no significant changes in the internal and external business environment or main operations [1] Group 1: Business Operations - The company is primarily focused on technology industrial park operations, which are currently under significant pressure due to the ongoing deep adjustment phase in the industrial park market expected to continue until 2025 [1] - The company faces multiple pressures in its commercial and office product lines, including a large market inventory, long de-stocking cycles, and declining prices [1] Group 2: Business Transition - The company is in the process of transitioning towards technology urban renewal services, technology industry services, and information and digital services, but these new business areas have not yet made a significant contribution to revenue and profit [1]