Group 1: Business Performance - In 2024, the company achieved an operating income of 37,224.69 million yuan, representing a year-on-year increase of 127.90% [3] - The net profit attributable to shareholders was a loss of 7,763.99 million yuan, with a year-on-year increase in loss of 108.89% [3] Group 2: Cross-Border E-commerce - The retail income from bonded goods in 2024 was 10,462.46 million yuan, accounting for 28.11% of the total annual operating income [1] Group 3: Future Growth Strategies - The company plans to enhance revenue and profitability through: - Retail sector: Maintaining stable operations in offline department stores while seizing opportunities in new retail [4] - Online new retail: Deepening the new retail layout and optimizing the product cooperation system [4] - Real estate: Focusing on the transformation of the Dalian Jinshigu project [4]