Gelonghui, January 31 | Jinhe Commercial Management (603682.SH) said on an interactive platform that the company is currently not involved in the affordable housing business, but the Baishe Apartment team in the unlisted company segment of Jinhe Group, the controlling shareholder of the company, has accumulated rich experience in this field and has provided customers with high-quality services. The company is actively exploring business opportunities in this field. At the same time, some branded apartment operators, such as Rubik's Cube, Shell, and Lehuo Home, have settled in and operated apartment products in the company's management projects. In the future, the company will also actively consider commercial opportunities for affordable housing under the premise of ensuring that there is no competition in the industry. In recent years, with the introduction of top-level design and a series of supporting policies for urban renewal, governments at all levels have increasingly paid more attention to urban renewal and revitalizing existing assets. Urban village renovation is inseparable from urban renewal. The company mainly participates in urban village renovation through in-depth cooperation with state-owned enterprises, central enterprises and various asset owners to design, transform, invest, operate, and give new commercial value to existing properties, releasing and enhancing the potential and benefits of existing properties, involving key projects such as No. 8 Hengshan Road, Jinhe Yuejie Tianlin Square, Jinhe Cross Border Space Tower, Shanghai Real Estate • Yuejie Xiangdeli, etc. As a pioneer in commercial property operation and service providers in the field of urban renewal, the company has actively participated in the revitalization of urban stock assets over the years. In the future, the company will actively combine its experience in various fields such as planning, renovation, and operation of existing projects in the core area of the city, pay close attention to business opportunities related to urban village renovation, and actively participate in urban village renovation projects in the non-residential sector under policy guidance to help the city renew.