Core Viewpoint - The company has announced the compensation amount for the land acquisition of the Longwu Road 908-946 plot, which is aimed at facilitating the implementation of major rail transit projects, totaling approximately 207.1 million yuan [2][3]. Group 1: Announcement Details - The land plot at Longwu Road 908-946 has been included in the land reserve for the purpose of advancing major rail transit projects [2][3]. - The compensation amount for the land acquisition is set at 207,100,389.06 yuan, with the company receiving 145,196,640 yuan and the automotive repair company receiving 61,903,749.06 yuan [3][4]. - The board of directors has authorized the management to implement the land acquisition without requiring shareholder approval [2][3]. Group 2: Contractual Information - The company and the automotive repair company signed the land use rights acquisition compensation contract on September 25, 2025 [4][6]. - The total compensation amount is confirmed to be 207,100,389.06 yuan [5]. - Payments will be made in installments by Shanghai Xuhui Riverside Development Investment Construction Co., Ltd. as per the contract [6]. Group 3: Financial Impact - The compensation will not significantly impact the company's main business operations [8]. - The total compensation amount will be accounted for according to relevant accounting standards, with an expected increase in profit before tax of approximately 94,432,718.54 yuan [8].