Group 1 - The company has successfully acquired land use rights for a site in Guangzhou Huangpu District, covering an area of approximately 40,785 square meters, for a term of 50 years to develop a multi-purpose complex building [1] - The estimated investment for the project is no less than RMB 890 million, which will be phased over four years and includes land acquisition costs, construction costs, and other capital expenditures [1] - The project aims to integrate smart laundry services, research and development, headquarters operations, and other educational and supporting functions under the concept of a "clean city" [1] Group 2 - The project provides an opportunity for business expansion, establishing a long-term development foundation, and enhancing operational management capabilities and efficiency [2] - Upon completion, the project is expected to achieve the company's strategic development goals and strengthen its influence in the laundry products and services sector [2]