GRANDLAND GROUP(SZ:002482)2022-12-05 05:52Group 1: Financial Performance - In the first three quarters of 2016, the company achieved operating revenue of 627.609 million yuan, representing a year-on-year growth of 11.45% [2][3] - The net profit attributable to shareholders for the same period was 297.84 million yuan, with a year-on-year increase of 15.05% [3] - The company expects a full-year net profit growth range of 10% to 50% for 2016 [3] Group 2: Business Developments - The company has established a partnership with Tencent to set up a joint venture, Tengguang Technology (Wuhan) Co., Ltd., to develop internet home decoration services [3] - A strategic investment from Hengteng Network will result in Hengteng becoming the controlling shareholder of Guotian Smart, enhancing the company's capabilities in smart home services [4] - The company aims to achieve a target of 100 billion yuan in output value and market value by 2020, focusing on expanding its business in smart home, internet home decoration, and engineering finance [4] Group 3: Strategic Planning - Guotian Group is committed to leading innovation in the decoration industry, aiming for large-scale expansion and the development of new business models [4] - The management emphasizes a dual approach of internal growth and external expansion to meet ambitious targets [4] Group 4: Investor Relations - The company maintains transparency in its investor relations activities, adhering to regulations and ensuring no significant undisclosed information leaks occurred during the investor meeting [5] - Investors can follow the company's updates through various official WeChat accounts [5]