Core Viewpoint - The company emphasizes that its land acquisition and self-development are aimed at promoting the PEC prefabricated housing system, countering media claims of "gambling" [1] Group 1: Company Strategy - The PEC system combines steel and concrete materials to leverage their respective advantages, offering fast construction cycles, minimal environmental impact, and high-quality prefabricated buildings [1] - The company has successfully applied the PEC prefabricated housing system in previous projects, such as in Shaoxing and Shanghai, demonstrating its technical expertise [1] Group 2: Market Positioning - The company acknowledges that the application of the PEC system often requires support from developers, indicating challenges in early promotion [1] - The land parcels acquired in Minhang and Songjiang were deemed reasonably priced and manageable in terms of risk, with plans to develop them as demonstration projects [1] - The goal is to create high-quality residential demonstration projects that align with the "good house" standards, showcasing the competitive advantages of the PEC prefabricated housing system in the residential sector [1]