Golden Union Commercial Management (603682.SH) stated at the performance briefing on November 13 that after more than ten years of meticulous operation in the industry, the company has accumulated a large number of successful cases of transforming cultural and creative parks and other commercial properties, possessing a strong influence in the industry. According to the company's 2024 interim report, the company has 71 projects under management, with a total area of ​​over 1.4 million square meters. The number and area of ​​projects under management both rank at the forefront of the industry. The property forms managed by the company include but are not limited to cultural and creative parks, office buildings, community businesses, and apartments. Currently, the company's managed projects are mainly concentrated in Shanghai, Beijing, and core provincial capitals in the Yangtze River Delta. While enhancing the operational efficiency of existing projects, the company actively seeks investment expansion opportunities for new projects. According to statistics from the bureaus of Shanghai and Beijing, by the end of 2003, the completed office buildings, shopping mall units, and other non-residential properties amounted to 80 million square meters. Such buildings have been in existence for over 20 years, with a total of 19 major cities and megalopolises nationwide, indicating a wider physical property market in these cities. With the passage of time, the scale of the existing property market will continue to grow. The company actively explores business opportunities in different cities, delving into urban renewal business prospects across various regions.