Core Insights - China Ping An has announced the establishment of high-quality health and wellness communities under the brand "Zhenyi Nian" in five cities: Shanghai, Shenzhen, Hangzhou, Guangzhou, and Foshan [1] Group 1: Project Development - The company has launched six projects, with the Shanghai project (Jingan No. 8) officially operating since October 2025 [1] - The Shenzhen project is expected to begin trial operations by the end of this year [1] Group 2: Value Proposition - The "Zhenyi Nian" projects are built on a value system of three pillars: distinguished living, premium services, and dignified care [1] - The Shanghai Jingan No. 8 project has received positive feedback, with occupancy rates exceeding expectations [1] Group 3: Progress Update - Other projects are progressing according to schedule [1]