Group 1 - The core point of the article is that Alibaba holds a 14.35% stake in Juran Smart Home, making it the second-largest shareholder of the company [1] - Alibaba maintains a close cooperative relationship with Juran Smart Home across multiple business initiatives, including joint resource investment during major sales events like "618" and "Double 11" [1] - The collaboration includes launching Tmall's same-city flagship store and jointly developing digital campus supermarket stores, leveraging each other's resources and technology to enhance merchants' overall digital operational capabilities [1]