GLODON(SZ:002410)2022-12-03 10:14Group 1: Financial Performance - The construction business revenue for 2018 was approximately 6.6 billion [4] - The current number of ongoing projects is close to 10,000, which is a small percentage compared to the 500,000 to 600,000 new projects initiated annually across the country [4] - The company aims to achieve a target of 100 billion in revenue, which may require over five years for rapid development [5] Group 2: Market Position and Strategy - The company is in an expansion phase, focusing on customer understanding and product value [4] - The digital construction business is expected to reach a scale where clients can replicate the use of products across multiple projects [4] - The company anticipates that by 2020, 80% of regions will complete their transformation [7] Group 3: Transformation and Technology - The transformation process is divided into three phases, with the first phase starting in 2016 and expected to complete by 2020 [6] - The company plans to enter 10 new regions for transformation by the end of 2019 [6] - The transformation rate is projected to exceed 50% by 2019 [7] Group 4: Customer Engagement and Sales - The company is focusing on enhancing customer engagement through effective marketing strategies [11] - The sales strategy has not undergone significant changes, and the team is fully committed to achieving the company's goals [11] - The company aims to increase its user base and improve customer experience to reduce piracy [10]