Core Insights - The project of Bailian Outlet (Shanghai, Qingpu) Phase II is currently under construction and is expected to be completed by 2026 [1] - The project will connect Phase I and II through two cross-river bridges, introducing 100 new shops and adding 2,500 parking spaces [1] - Upon completion, the total area of both phases will reach 200,000 square meters, with an expected annual sales revenue exceeding 7 billion yuan [1] Company Overview - Bailian Outlet aims to become the largest outlet in Asia with the completion of this project [1] - The expansion is part of a strategic initiative to enhance retail offerings and customer experience in the region [1]