GRANDLAND GROUP(SZ:002482)2022-12-07 09:26Group 1: Non-Public Offering Details - The company plans to issue 121 million shares at a price of 14.02 RMB per share, raising a total of 1.7 billion RMB [2] - Major subscriptions include 1 billion RMB from Shenzhen Qianhai Fosun Ruize Hengjia Investment Management and 500 million RMB from the actual controller Ye Yuanxi's brother [2] - After the issuance, Guangtian Holdings will hold 35.86% of the shares, and Ye Yuanxi will hold 11.76%, maintaining control [2] Group 2: Strategic Development and Market Expansion - The raised funds will improve the company's financial structure and support strategic transformation and market expansion [3] - Guangtian aims to build a large decoration industry platform and expand into internet home decoration and smart home businesses [3] - The internet home decoration team has been established, focusing on product development and planning to pilot in Shenzhen [3] Group 3: Business Performance and Market Trends - In 2014, the company experienced good order signing, although the share of the largest customer decreased [4] - There are signs of recovery in the real estate market, with new large clients contributing to business growth [4] - Cash flow from operating activities is expected to turn positive for the year, with management confident in achieving equity incentive goals [4]