Group 1: Company Overview - Guanglianda Technology Co., Ltd. held an investor relations activity via a conference call [1] - The event included participation from 252 investors [4] Group 2: Financial Performance - In 2018, the company's revenue reached 28.62 billion yuan, representing a year-on-year increase of 22.30% [9] - The construction pricing business generated revenue of 20.57 billion yuan, with a year-on-year growth of 25.24% [9] - The cloud service revenue was 3.70 billion yuan, showing a year-on-year increase of 717% [9] Group 3: Business Transformation - The company expanded its pricing business from 6 regions last year to 11 regions this year [6] - The transformation of the pricing business has led to a user conversion rate exceeding 85% in newly transformed areas [6] - The company is transitioning its construction pricing business to a cloud-based model [10] Group 4: Investor Engagement - The conference call format did not allow participants to sign a commitment letter, but the company ensured compliance with relevant regulations [4] - The event was attended by analysts from various securities firms, including Anxin Securities and Northeast Securities [2] Group 5: Future Outlook - The company aims to continue its growth trajectory by enhancing its cloud service offerings and expanding its market reach [10] - The focus will be on maintaining transparency and timely information disclosure to investors [4]

Group 1: Revenue Model Transformation - The revenue model for digital cost business is shifting from software sales and upgrade fees to subscription fees and value-added services under the SaaS model [3] - By the end of 2018, the renewal rate for pricing products in six original regions exceeded 85% [3] Group 2: Product Customization for Projects - Although construction projects differ significantly, the focus is on key management elements such as personnel, equipment, and materials to enhance efficiency and quality [4] - In June 2019, a new project management platform (BIM + smart construction site) was launched, allowing clients to purchase different modules based on specific project needs [5] Group 3: Future Revenue Enhancement Strategies - After completing the SaaS transformation, the company plans to introduce various value-added services, including enhanced computing power and cloud storage, which clients can purchase as needed [5]

Group 1: Company Overview - Guanglianda Technology Co., Ltd. reported a revenue of 6.6 billion in 2018, with nearly 1 million service projects completed, which is a small percentage compared to the 500,000 to 600,000 new projects opened annually in the country [5][6]. - The construction business is currently in an expansion phase, with customers needing to understand the products before applying them to key projects [5][6]. Group 2: Operational Focus - The construction operations focus on site management and the application of information technology to address issues such as cost control, schedule management, and quality and safety concerns [3][4]. - The company has implemented standardized checks for quality and safety issues, effectively eliminating previous problems related to manual inspections [4][6]. Group 3: Market Strategy - The company aims to replicate successful product applications across more projects after achieving positive results in specific projects [4][5]. - Digital transformation is seen as a key driver for cost reduction and efficiency improvement, with small construction enterprises also seeking digital solutions [4][6]. Group 4: Future Goals - The company anticipates that achieving a revenue of 10 billion in the construction business may take over five years, contingent on product quality and the digitalization of construction enterprises [6][7]. - The transition to a SaaS model is expected to significantly impact revenue generation, especially with the increasing number of new construction projects each year [7].