Group 1: Company Developments - Beijing Baisheng announced the closure of its Fuxing store by December 31, 2025, citing a strategic transformation and the need to make difficult decisions regarding underperforming locations [3] - The Fuxing store, opened in 1994, was the first Baisheng store in mainland China, leading to the establishment of 43 diverse stores across 25 cities [3] Group 2: Infrastructure and Urban Development - The 4.0 version of the Chengping Highway Jinhai Lake service area is under construction, aiming to become the "most beautiful service area" in the Beijing-Tianjin-Hebei region, expected to be completed and operational within the year [3] - A new life service center has opened in the Desheng Street area, covering 1,536 square meters and designed to revitalize old housing spaces for community use [9] Group 3: Cultural and Historical Events - The Palace Museum celebrated its 100th anniversary with the issuance of a commemorative stamp set, featuring designs that blend traditional elements with modern aesthetics, with a planned release of 4.9 million sets [8] - The Palace Museum has transitioned from a royal palace to a public museum since its establishment in 1925, becoming a symbol of Chinese culture [7]