Contract Signing Situation - The company signed a formal contract with Shanghai Construction Fifth Engineering Group for the construction of a new medical center in the Pudong area, with a project amount of 90.7533 million yuan [1][2] - The project is a key livelihood project in the Pudong New Area, aiming to fill the gap in high-end medical resources in the region, with a total planned investment of 1.867 billion yuan and 600 beds [1][2] Project Overview - The project will provide purification and shielding protection professional system services, covering a total construction area of 166,331.58 square meters [1][2] - The project is positioned as a regional tertiary first-class comprehensive hospital, with a land area of 31,485.6 square meters [1][2] Impact on the Company - The project is expected to strengthen the company's competitive position in the East China region and support the development of the smart medical industry [2][3] - The company aims to become a global leader in smart space services, leveraging its AIoT intelligent IoT management platform [2][3] Financial Impact - The project amount represents 2.86% of the company's audited operating income for the year 2024, and it is expected to have a positive impact on the company's future net profit [3]