Core Viewpoint - Bluefan Medical is progressing with the construction of its Shanghai Innovation Headquarters, which is currently in the electromechanical installation and decoration phase, aiming to serve as a global management headquarters and innovation center [1] Group 1 - The Shanghai Innovation Headquarters is expected to be completed by June 2024, with the project now fully transitioned into the installation and decoration phase [1] - The company plans to align the project timeline with its overall business strategy, surrounding infrastructure development, and project funding cycles [1] - Once completed, the headquarters will function as a global management hub, innovation research center, high-end production base, and investment incubation platform, while also facilitating academic exchanges and training [1]