Group 1: Land Acquisition and Sales Strategy - The company focuses on stock sales and cash flow recovery, planning to acquire land based on market conditions and site characteristics [1] - The company’s inventory is primarily located in Hangzhou and Xinchang, with a focus on comfortable improvement products. It employs targeted marketing strategies and digital tools to innovate sales models, achieving top sales rankings in local markets [1] Group 2: Collaboration and Development - The company considers cooperative development models to share risks, taking into account real estate cycles, market demand changes, inventory clearance, and cash flow [2] - The company aims to create a comprehensive service for the elderly, focusing on home care, community care, and institutional care, with plans to expand its "Anuo New Journey" model [2] Group 3: Elderly Care Business and Talent Development - The company has established a training program for employees to develop expertise in elderly care, creating a workforce that combines real estate and elderly care skills [2] - The income from the elderly care business is currently not comparable to the main real estate business and does not require separate reporting [2] Group 4: Unique Care Models and Technological Integration - The "Anuo New Journey" model offers customized services based on residents' needs, including high-quality living care, medical support, and specialized services for those with cognitive impairments [3] - The elderly care sector has integrated smart technologies, including an AI assessment system and various intelligent care products, enhancing service precision and detail [3] Group 5: Business Performance and Future Plans - The "Anuo New Journey" program has surpassed its initial growth phase, with increasing occupancy rates leading to improved profitability [4] - The trade division is operating steadily, focusing on risk management and enhancing core competitiveness in niche markets [3]