Group 1 - The performance market in China has been active, with national tourism performance box office exceeding 13 billion yuan in the first three quarters of 2025, indicating robust growth [1] - Companies in the industry are accelerating their layout around stage equipment, immersive experiences, and cultural scene creation, with several listed companies winning bids for related projects [1] - Zhejiang Dafeng Industrial Co., Ltd. won a bid for the Shenzhen International Performing Arts Center project, with a contract amount of 165 million yuan for stage machinery and audio-visual equipment [1] Group 2 - The State Council's measures support the creation of immersive experience spaces in cultural venues and scenic spots, promoting new immersive cultural tourism products [2] - There is a growing demand for high-performance equipment such as 3D holographic projection and intelligent lighting control systems due to the increase in large-scale concerts and immersive performances [2] - Longfor Group won a project in Chongqing to manage a 55,000 square meter area, planning to create immersive performance spaces and cultural salons to enhance visitor engagement [2] Group 3 - Zhejiang Xiangyuan Cultural Tourism Co., Ltd. and Anhui Transportation Construction Co., Ltd. formed a consortium to win a bid for the Yuewang Valley Cultural Tourism Project, with a total bid amount of approximately 1.533 billion yuan [3] - Xiangyuan Cultural Tourism plans to invest 156 million yuan for a 22% stake in the project, focusing on cultural tourism operations and performance planning [3]