Group 1: Company Overview and Business Model - The company focuses on creating a better living environment and believes in the innovative commercial model of "O+EPC+IP+O" [1] - The company has completed the investment to establish a "four-in-one" product system and is now transitioning to an operational capability output phase [2] - Joykey's positioning and core team were introduced, emphasizing the integration of design and IP models [1] Group 2: Urban Renewal and Design Approach - The company utilizes a micro-intervention and acupuncture-style urban renewal method, aiming for sustainable and low-carbon development [3] - The project in Luoyang, known as Luoyi Ancient City, serves as an example of integrating cultural heritage and enhancing urban space value [3] - The company advocates for planning and design that ensures operational success while responding to national calls to prevent large-scale demolitions [3] Group 3: IP Acquisition Strategy - The current strategy prioritizes self-incubation of IP rather than acquiring existing IP companies, maintaining a cautious approach to mergers and acquisitions [4] - The company adheres strictly to legal regulations and disclosure obligations during the acquisition process [4] Group 4: Information Disclosure Compliance - The company confirmed that no significant undisclosed information was involved in the investor relations activity [5] - Compliance with the Shenzhen Stock Exchange's requirements was ensured, including signing a research commitment letter [6]