Core Insights - The "C·PARK Haishu Cultural Square" in Shanghai is undergoing significant changes, with the new underground space focusing on a diverse range of activities including music, art, and markets, aiming to create a youth music town called "Yuyin Town" [1] - The project is set to fully revamp by the second quarter of this year, with a focus on integrating "pet economy + daytime sports lifestyle" and "night economy + ticket-root economy" into a comprehensive cultural and commercial complex [1] Group 1 - The new underground space spans 5,000 square meters and is designed to enhance the night economy, centering around music culture with various performance venues [1] - Key establishments include the Yuyin Hall, which has been a staple in Shanghai's live music scene, featuring performance spaces that can accommodate 350 and 150 people, respectively [1] - The venue will host a variety of music genres including rock, electronic, world music, jazz, and hip-hop, creating a vibrant night-time consumption area [1] Group 2 - The "REACTOR" club, a first for Shanghai, brings authentic Techno electronic music parties to the cultural square, enhancing the local music scene [2] - The square also introduces multiple hybrid business formats, such as the "ILLUM CLUB," which combines elements of clubs, bars, cafes, and community activities, attracting a diverse customer base [2] - Future plans include collaborations with more exhibition and performance venues in Changning and Shanghai to extend the "ticket-root economy" consumption chain, offering a one-stop cultural experience that includes exhibitions, performances, shopping, dining, and sports [2]