Core Viewpoint - The company plans to sell a property to Hangzhou Binjiang Urban Construction Development Co., Ltd. for approximately RMB 375 million, aiming to improve liquidity and reduce overall debt pressure [1] Group 1: Property Details - The property includes two plots of land in Hangzhou Binjiang District, with each plot having a total area of approximately 30,732.00 square meters and a total planned construction area of about 138,813.29 square meters, which consists of 82,838.54 square meters of above-ground buildable area and 55,974.75 square meters of underground area [1] Group 2: Financial Implications - The sale is expected to provide the company with an opportunity to realize its investment in the property at a fair price, generating immediate cash inflow [1] - The transaction is anticipated to alleviate the company's overall debt pressure and supplement its working capital [1] - The sale will enhance the company's financial credibility and optimize asset allocation, allowing it to focus resources on its core business [1]