Core Viewpoint - The company is actively preparing new projects in Qingdao and Taizhou, with significant progress made on both fronts, aiming for timely and high-quality delivery of these projects by their respective opening dates [1] Group 1: Qingdao Project - The Qingdao project includes the Qian Guqing Grand Theatre and a complex that has already reached the topping-out stage, with the main structure of the themed street area completed [1] - The next steps for the Qingdao project involve internal and exterior decoration, as well as the installation of stage machinery and equipment [1] - The owner is fully committed to advancing the subsequent construction to ensure the project opens on schedule in July 2026 [1] Group 2: Taizhou Project - The Taizhou project was initially scheduled to open in May 2028, but it is currently progressing smoothly, with the possibility of an earlier opening not being ruled out [1]