On December 23, Gelonghui reported that Shanghai Yimin Commercial Group (600824.SH) announced that Shanghai Jinlong Commercial Co., Ltd. (referred to as "Jinlong Commercial") is a wholly-owned subsidiary of Shanghai Yimin Commercial Group Co., Ltd.'s wholly-owned subsidiary Shanghai Yimin Commercial Investment and Development Co., Ltd. According to the "Housing Expropriation Decision" made by the People's Government of Huangpu District, Shanghai, the property located at No. 150 Zhaozhou Road, Huangpu District, Shanghai, is included in the expropriation scope. The aforementioned property is classified as public housing, used for business purposes, with a construction area of 99.96 square meters. Recently, Jinlong Commercial completed the relevant expropriation compensation procedures with the Housing Security and Management Bureau of Huangpu District, Shanghai, and the expropriation implementation unit, Shanghai Huangpu Fifth Housing Expropriation Service Office, Ltd. (referred to as "Huangpu Fifth Housing Expropriation Office"). On December 23, 2024, Jinlong Commercial received a total of 11,053,931.77 yuan in compensation for housing expropriation from the Huangpu Fifth Housing Expropriation Office. The total compensation has been fully credited to the account. The compensation for this expropriation will have a positive impact on the profits and losses for the year, and after deducting relevant taxes and costs, it is expected to affect the company's Net income for 2024 by approximately 8.29 million yuan, with the specific amount subject to the results audited by the accounting firm.