Group 1 - The company reported a revenue of 117 million, representing a year-on-year decrease of 9.9% [1] - The net loss attributable to the company was 29.086 million, a year-on-year decrease of 68.21% [1] - The loss per share was 0.02 yuan [1] Group 2 - The decrease in revenue was primarily due to rental concessions provided to merchants during the first half of 2025 [1]

Group 1 - The company has leased a property located at 245 Wenze North Road, Xiasha Street, Qiantang District, Hangzhou, to Hangzhou Aodu Commercial Management Co., Ltd. for a total amount of 168.83 million yuan (including tax) over a lease term of 10 years, covering an area of 41,500 square meters [2] - The lessee, Aodu Commercial, has delayed rental payments, prompting the company to engage in multiple discussions and negotiations regarding the fulfillment of the contract [2][3] - Due to the lessee's breach of contract and unknown payment capability, there is a risk of the contract being terminated early, which may lead to potential losses from property vacancy [3] Group 2 - The company plans to continue negotiations with the lessee and monitor their payment capability, considering actions such as early contract termination or litigation to protect its and investors' rights [3] - As of the announcement date, the company has initiated legal proceedings, with the outcome of the lawsuit still uncertain, which may impact the company's current and future profits [3][4]