Core Viewpoint - The development of industrial parks is closely related to local industrial cultivation, with the industry transitioning from basic service provision to development-oriented services [1][3]. Group 1: Company Performance - In the first half of the year, the company achieved operating revenue of 1.068 billion yuan, with a net profit attributable to shareholders of 49.18 million yuan, representing a year-on-year revenue growth of 31.66% primarily due to increased sales in the park operation segment [3]. - The company's park operation segment has maintained an average net profit growth of nearly 30% over the past three years, with a rental rate exceeding 70% in the first half of this year [4]. Group 2: Industry Challenges and Transformation - The industrial park market is undergoing significant changes due to the dual impact of global economic adjustments and domestic industrial upgrades, with some cities experiencing vacancy rates exceeding 30% [4]. - The traditional development model reliant on land finance is becoming unsustainable, necessitating a shift towards specialized services and ecosystem development [4]. Group 3: Strategic Adjustments - The company has restructured its development strategy to focus on a unified approach that integrates its existing environmental technology and intelligent manufacturing sectors while diversifying into areas like biomedicine [5]. - The company operates 47 parks, with 12 dedicated to biomedicine, housing nearly 500 innovative enterprises across various stages of development [5]. Group 4: Service Evolution - The company emphasizes that park services must evolve beyond basic utilities to include comprehensive support for businesses, creating a resource-rich environment that fosters industry collaboration [6]. - The company is exploring equity and fund-based models to create a symbiotic industrial ecosystem with enterprises [6]. Group 5: Environmental Initiatives - The company has been developing air and water environmental services since 2007 and is expanding into carbon management, with its environmental technology segment generating revenue of 894 million yuan in the first half of the year [7]. - The construction of zero-carbon parks is seen as a new opportunity for growth, with the company actively developing capabilities in carbon consulting and management [8]. Group 6: Innovation and Future Outlook - The company is focusing on technological innovation as a key component of its strategy, establishing an innovation research institute and a talent pool to enhance its competitive edge [9]. - The company aims to leverage global resources to strengthen its core competencies and brand influence, targeting significant growth in strategic emerging industries within two years [10].

Core Viewpoint - The company is transitioning from a traditional "landlord" model to a more integrated "shareholder" approach, focusing on creating an industrial ecosystem that supports local industry development [3][5]. Financial Performance - In the first half of the year, the company achieved revenue of 1.068 billion yuan, with a net profit attributable to shareholders of 49.18 million yuan, representing a year-on-year revenue growth of 31.66% [2]. Market Challenges - The industry is facing significant challenges, with some cities reporting industrial park vacancy rates exceeding 30%. This indicates a shift in supply-demand dynamics, making traditional development models unsustainable [3][4]. Strategic Transformation - The company is actively adjusting its park strategy and operational tactics to enhance business optimization and transformation, with an average net profit growth of nearly 30% in its park operations over the past three years [3][4]. New Development Strategy - A new development strategy has been established, focusing on a unified approach that integrates existing business segments, including environmental technology and smart manufacturing, while also diversifying into sectors like biomedicine [4][8]. Biomedicine Focus - The company operates 47 parks, with 12 dedicated to biomedicine, housing nearly 500 innovative enterprises across various stages of development, showcasing a strong focus on this sector [4]. Enhanced Service Model - The company is moving towards a 2.0 version of park operations, which emphasizes providing comprehensive services beyond basic utilities, fostering a collaborative industrial ecosystem [5]. Low-Carbon Initiatives - The company is capitalizing on the growing trend of zero-carbon parks, with over 200 planned nationwide, and aims to leverage its environmental technology expertise to create sustainable business models [6][7]. Technological Innovation - The company has established an innovation research institute and a talent pool to enhance its technological capabilities, which are crucial for becoming a leading industrial ecosystem builder [8][9]. Future Goals - The company aims to significantly increase the revenue and profit share from strategic emerging industries within two years and to achieve notable results in high-tech acquisitions within five years [9].