Core Insights - The company is focusing on enhancing living quality through innovative solutions in the construction materials sector, integrating urban renewal with the concept of a "good house" [2] - The company aims to transition from merely being a product supplier to becoming a leader in industry standards and a co-builder of better cities [2] Group 1: Retail Innovation and Consumer Engagement - The company has launched its first service supermarket in Shanghai, allowing customers to consult, order, and select materials in a one-stop shopping experience [3] - The retail business generated revenue of 5.059 billion yuan in the first half of the year, accounting for 37.28% of total revenue [4] - The company has over 250,000 distribution points, 2,000 specialty stores, and more than 4,000 retail channel distributors [3][4] Group 2: Channel Strategy and Partner Empowerment - The company is shifting its channel strategy from management to empowerment, collaborating closely with over 12,000 engineering channel partners [4] - The "platform + creator" model has been implemented to enhance partners' capabilities in management, business development, and service delivery [4][5] - This strategic shift has led to a transformation in the relationship with partners, moving towards deep collaboration and value sharing [5] Group 3: Global Expansion and Supply Chain Optimization - The company is investing in a production and logistics base in Canada to enhance its global supply chain and better serve North American and European customers [6] - The overseas business achieved revenue of 576 million yuan in the first half of the year, reflecting a year-on-year growth of 42.16% [6] - The acquisition of a leading Chilean building materials retailer, Construmart S.A., marks a significant step in the company's global brand and channel strategy [7]