Sales Performance - In July 2025, the company achieved a contracted sales area of 136,000 square meters, a year-on-year decrease of 1% but a month-on-month increase of 47% [1] - The contracted sales amount for July 2025 was 1.69 billion yuan, representing a year-on-year decrease of 24% but a month-on-month increase of 16% [1] - From January to July 2025, the cumulative contracted sales area reached 742,000 square meters, a year-on-year increase of 3%, while the cumulative contracted sales amount was 11.18 billion yuan, a year-on-year decrease of 7% [1] Land Acquisition - There were no new land acquisitions reported by the company in July 2025 [2] Tourism Business - The company is actively developing high-quality tourism products and leveraged the summer tourism peak by launching a "Music Festival + Creative Water Play" experience during the "Summer Wave Carnival" [3] - In July 2025, the company's tourism enterprises received a total of 7.88 million visitors, a year-on-year decrease of 10% due to adverse weather conditions such as typhoons and heavy rain [3] - From January to July 2025, the total number of visitors to the company's tourism enterprises was 45.59 million, reflecting a year-on-year increase of 1% [3]