GRANDLAND GROUP(SZ:002482)2022-12-05 01:40Group 1: Business Performance - The company signed new orders worth 2.141 billion RMB in Q1 2017, with optimistic growth expectations for the year compared to the previous year [2] - The controlling shareholder, Guangtian Holdings, increased its stake by using 220 million RMB to acquire approximately 24.8 million shares, reflecting strong confidence in the company's future [3] Group 2: Internet Home Decoration Business - In May 2017, Guangtian established partnerships with 16 city partners for its internet home decoration business, aiming to expand to 50 cities nationwide [3] - A joint venture with Tencent in Wuhan has been initiated, with the first store already opened, and plans to replicate this model in other regions [3] Group 3: Smart Home Business - The company signed a sales agreement for smart home products worth approximately 42 million RMB with Shenzhen Xinhaofang Real Estate Co., indicating progress in this sector [3] Group 4: Financial Strategies - The issuance of accounts receivable ABS has optimized the company's asset-liability structure and serves as a significant breakthrough in financing models [4] - Guangtian Investment participated in Evergrande's first round of private placement with an investment of 5 billion RMB, enhancing strategic cooperation with Evergrande [4] Group 5: International Expansion - The company secured a contract for the interior decoration of the Russian China Business Center, valued at approximately 551 million RMB, which will enhance its brand recognition and market competitiveness along the "Belt and Road" [4][5]