Core Viewpoint - The company expresses optimism about achieving profitability this year while focusing on its core business and enhancing asset management capabilities in various real estate sectors [1] Group 1 - The company is committed to the principle of "seeking progress while maintaining stability" [1] - The company aims to optimize its layout and improve its competitive advantages in logistics parks, industrial parks, and residential development [1] - The company is actively promoting the transformation and upgrading of its business model and development approach to achieve high-quality and sustainable growth [1]

Core Insights - CapitaLand (China) and Alibaba Cloud Intelligence Group signed a memorandum of cooperation to enhance collaboration across multiple business areas, building on their strategic partnership established in 2019 [1] - The partnership aims to expand from cloud services and data platform development to offline business scenarios, focusing on digital transformation and cost reduction in IT infrastructure [1][2] - CapitaLand's diverse business ecosystem will provide various solutions for Alibaba's ecosystem, with potential collaboration in data centers, real estate asset management, and marketing services [1] Group 1 - The collaboration will focus on smart business operations, big data capabilities, and ESG digital management, enhancing technological empowerment and scenario integration [2] - CapitaLand plans to migrate its enterprise systems to Alibaba Cloud, significantly reducing IT infrastructure costs in China [1] - The data platform developed by CapitaLand supports multiple business segments, facilitating cross-departmental and cross-system data sharing and collaboration [1] Group 2 - The partnership will leverage Alibaba Cloud's AI technology to enhance smart business and customer service based on CapitaLand's online and offline business scenarios [2] - The collaboration aims to upgrade enterprise big data capabilities, creating a data-driven operational and decision-making system for customer profiling, precision marketing, and risk management [2] - CapitaLand's sustainable development strategy will be combined with Alibaba Cloud's ESG capabilities to create a green, low-carbon real estate ecosystem and smart spaces [2]