Group 1: Business Strategy and Performance - The company aims to enhance sustainable profitability by diversifying its business matrix, maintaining real estate development while expanding into exhibition operations and property management, transitioning from a traditional developer to a comprehensive urban operation service provider [2] - Current projects for sale include only three: Chayuan Phase III, Huixing Xinghe Botang Phase III, and Guanjin and Fu Phase I, with the sales performance closely tied to market conditions [2] - The Xinghe Botang project has shown good sales performance, and the company plans to accelerate inventory sales and optimize marketing strategies to enhance project attractiveness [2] Group 2: Financing and Risk Management - The company extended the validity period for the resolution regarding the issuance of shares to specific targets until July 19, 2026, with the total fundraising amount adjusted from no more than 70 million yuan to no more than 64 million yuan [3] - Future impairment risk assessments will be conducted based on inventory impairment policies and market environment changes, with garages being the main impaired product [3] - The company does not plan to increase land reserves frequently but will prioritize acquiring high-quality land that aligns with its long-term strategy based on market conditions [3] Group 3: Support and Commercial Leasing - The controlling shareholder, Chongqing Urban Investment Group, provides support to the company from multiple dimensions, with future collaboration and resource integration to be evaluated based on business development needs [3] - The company maintains stable overall returns on commercial assets through market-driven rent adjustments, asset maintenance, and functional renovations in response to the economic environment [3]