GRANDLAND GROUP(SZ:002482)2022-12-05 01:54Group 1: Business Performance - The company signed new orders worth 2.76 billion RMB in Q2 2017, with an optimistic outlook for the total orders this year compared to last year [2] - The controlling shareholder, Guangtian Holdings, increased its stake in the company by using 220 million RMB to acquire approximately 24.8 million shares, with a lock-up period of three years [3] Group 2: Internet Home Decoration Business - Guangtian's "Guojia" brand established partnerships with 16 city partners in May 2017, aiming to expand its internet home decoration business to 50 cities nationwide [3] - The company has collaborated with Tencent to establish a joint venture, Tengguang Technology, in Wuhan to operate internet home decoration services [3] Group 3: Smart Home Business - The subsidiary, Shenzhen Guangtian Intelligent Technology, signed a sales agreement for smart home products worth approximately 42 million RMB, with profits starting to contribute in the first half of this year [3] Group 4: Financing and Investments - The company plans to issue convertible bonds to raise 1.25 billion RMB for various development projects, with the application already accepted by the regulatory authority [4] - Guangtian Investment, a subsidiary of Guangtian Holdings, invested 5 billion RMB in Evergrande Real Estate's first round of private placement, enhancing strategic cooperation between the two companies [4]