Core Viewpoint - In a strategic partnership, Ingka Centers has collaborated with Gaohe Capital to establish a dedicated real estate fund to jointly own three gathering experience centers in Wuxi, Beijing, and Wuhan [1] Group 1: Strategic Partnership - Ingka Centers will retain ownership of the Huiju brand and will exclusively manage and operate all gathering experience centers under this brand [1] - A new IKEA store will be opened and operated within the Wuxi Huiju, with existing property assets of IKEA Wuxi being part of the transaction and transformed into new leasing space [1] Group 2: Investment and Expansion - Since entering China in 2009, Ingka Centers has developed and operated ten gathering experience centers and three Huiju office projects, with a total investment exceeding 270 billion yuan [1] - In 2024, the opening of Xi'an Huiju and Shanghai Huiju complexes will further expand Ingka Centers' market presence, with the Shanghai Huiju complex representing the largest single investment project globally at over 80 billion yuan [1] Group 3: IKEA's Market Development - IKEA China has been enhancing its omnichannel customer experience over the past 27 years, recently opening five stores of varying sizes and planning to officially join JD.com by 2025 [1] - Currently, IKEA has 41 offline customer touchpoints, three proprietary digital channels, and two flagship stores on e-commerce platforms in China [1]