Economic Observation Network Shanghai Institute, a subsidiary of Huajian Group (600629), recently signed a survey and design contract involving the layout of urban renewal track business.

Latest progress of the contract:
On October 13th, the subsidiary Shanghai Institute signed a survey and design contract for the first phase of the Taoxichuan Fenghuangshan Residence project with Jingdezhen Taoyang Real Estate. The Shanghai Institute accounted for 53.14 million yuan, approximately 0.76% of the 2025 revenue The amount is not large, but this is a substantial order for the urban renewal track, which is a small bonus point for the "transformation narrative".

The above content is based on publicly available information and does not constitute investment advice.