Core Viewpoint - Fengde Li Holdings (00571) anticipates a significant reduction in its consolidated loss for the fiscal year ending July 31, 2025, with an expected decrease of at least 95% compared to the consolidated loss of approximately HKD 511 million for the fiscal year ending July 31, 2024 [1] Group 1 - The expected reduction in consolidated loss is primarily attributed to the reversal of impairment losses on right-of-use assets and property, plant, and equipment, which had previously incurred significant impairment losses in the last fiscal year [1] - Depreciation of right-of-use assets and property, plant, and equipment is expected to decrease, as these assets had already been subject to impairment losses in the previous fiscal year [1] - Successful negotiations with landlords for rent reductions and rent restructuring have led to increased revenue from revised leases [1]

Core Points - The Xi'an Housing Security Work Leading Group Office issued a notice to encourage new graduates to stay in the city for work by regulating the management of public rental housing and guaranteed rental housing [1] - The notice aims to strictly implement the standards for public and guaranteed rental housing, focusing on alleviating housing difficulties for new citizens and young people, particularly recent graduates [1] - The notice specifies eligibility review, housing supply, and rent collection for new graduates renting public and guaranteed housing, and outlines the implementation of rental discount activities [1][2] Summary by Sections - **Eligibility and Benefits**: New graduates from ordinary universities can apply for housing within three years of graduation, while graduates from "Double First-Class" universities can apply within five years. They can enjoy a two-year rent reduction of at least 50% of the registered rental price [1] - **Pilot Projects**: Specific projects like "Hope Li·Luanxi" and "Hope Li·Aoti" will serve as pilot projects for student housing [1] - **Exit Procedures and Additional Discounts**: Graduates can apply to exit the housing at any time during the rent reduction period. After the rent reduction period, a re-evaluation of eligibility will occur. Additional discounts are available for those who have completed their lease, with up to three months of rent reduction for those who have been in the housing for over a year [2]