Group 1 - The company Mingdiao Co., Ltd. plans to invest 120 million RMB to establish a wholly-owned subsidiary, Guangdong Yaobang Digital Home Co., Ltd. [1] - The company's subsidiary, Shenzhen Meijia Shibang Building Materials Co., Ltd., intends to invest 200 million RMB to set up a wholly-owned subsidiary, Guangdong Ruiju Supply Chain Co., Ltd. [1] - As of the first half of 2025, the revenue composition of Mingdiao Co., Ltd. includes: 51.33% from residential decoration design and construction, 40.74% from building materials and wooden products sales, 5.18% from comprehensive management service fees, 2.52% from self-owned property leasing, and 0.23% from public building decoration design and construction [1] Group 2 - The current market capitalization of Mingdiao Co., Ltd. is 2.2 billion RMB [1]