Core Insights - Beihome's first project in Wuhan has officially launched, marking the introduction of its C2M (Customer to Manufacturer) model in the city [1][3] - The project, named "Tian Chuang Beihome·Yuan Cui," is positioned as a pure improvement-type residential development, featuring four 10-13 story buildings with main unit sizes of approximately 127, 142, and 170 square meters [3][4] - Beihome has acquired a 30% stake in Tian Chuang Yuan Cui, participating in the development of the West City Haob B plot, which was purchased for a total price of 341.5 million yuan [1][3] Project Details - The West City Haob B plot was acquired by Tian Chuang Real Estate for 341.5 million yuan, with a floor price of 14,506 yuan per square meter and a plot ratio of 2.0 [1] - The location is strategically situated in the core area of Wuchang's inner ring along the Yangtze River, close to public transport and various amenities, including hospitals and schools [1] - The project aims to leverage Beihome's strengths in big data and AI algorithms for product positioning and design, while Tian Chuang will manage the overall development [4] Market Outlook - Beihome views Wuhan as a promising market, being the first city in Central China to surpass a GDP of 2 trillion yuan, with growth in technology innovation, trade logistics, and cultural tourism [4] - The company has established a presence in multiple cities, with a total of 17 projects launched across major urban areas, indicating a robust expansion strategy [3]