GLODON(SZ:002410)2022-12-03 10:18Group 1: Company Overview - Guanglianda Technology Co., Ltd. is involved in the construction industry, focusing on software and service solutions for project management [1]. - The company aims to achieve a revenue target of 10 billion in the construction business, with a market penetration rate of approximately 10% [7]. Group 2: Business Transformation - The company is transitioning its pricing model to a subscription-based service, which is expected to stabilize revenue and improve customer retention [8]. - The ratio of legitimate users to pirated users in the pricing business is approximately 5:4, indicating a significant market for legitimate software [3]. Group 3: Financial Performance - In 2018, the construction business achieved an 18% growth, which was lower than expected due to industry challenges [5]. - The company anticipates that the industry’s recognition of information technology will increase, leading to higher demand for its services [6]. Group 4: Cost Management - Recent increases in labor costs have been significant, primarily due to the high demand for skilled personnel in emerging technologies [6]. - The company maintains a strategy of optimizing talent structure to control costs effectively [7]. Group 5: Market Outlook - The company expects to see a higher number of new projects in the coming years, which will positively impact its revenue growth [4]. - The construction industry is undergoing a digital transformation, which is expected to enhance operational efficiency across the sector [5].