Townyang Development: Net profit in 2025 was 75.6181 million yuan, a year-on-year decrease of 60.43%.

Notice of Zhenyang development: In 2025, the operating income is expected to reach 2.625 billion yuan, a year-on-year decrease of 9.45%; the net profit is expected to be 75.6181 million yuan, a year-on-year decrease of 60.43%; it is planned to distribute a cash dividend of 2.5 yuan per 10 shares to all shareholders, with a total cash dividend of 110 million yuan.