Group 1 - The core viewpoint of the news is that Shangshi Development is significantly reducing its project inventory in Quanzhou through the sale of residential properties and related assets, expecting to achieve revenue of 1.883 billion yuan and a net profit of 163 million yuan [1][2] - The transaction involves the sale of residential units and parking spaces from the Shangshi Haishang project in Quanzhou to Quanzhou Kaiyuan Real Estate Group for a total of 2.053 billion yuan, with a notable premium of 59.97% over the book value [1][2] - The project has contributed significantly to the company's performance over the years, with a cumulative signed area of approximately 450,000 square meters and a total signed amount of about 5.8 billion yuan, although inventory reduction has slowed due to market conditions [2] Group 2 - The financial implications of the transaction are substantial, as it is expected to account for approximately 75.51% of the company's revenue for 2024, while also helping to improve cash flow and meet operational funding needs [2] - The company aims to focus its development strategy on Shanghai and the Yangtze River Delta region, aligning with the interests of all shareholders [2] - Recent policies from central and regulatory authorities aimed at revitalizing idle land and properties are expected to accelerate the local land market's inventory reduction, improving market supply-demand dynamics and corporate financial conditions [3]