Stock Code: 002410 Stock Abbreviation: Glodon Announcement No.: 2024-015
Glodon Company Limited
Annual Report 2023 (Summary)
I. Important Notice
This summary of annual report is abstracted from the full text of the Annual Report 2023. In order to fullyunderstand the Company’s operating results, financial position and future development plans, investors areadvised to carefully read the full text of the Annual Report 2023 on the media designated by the China SecuritiesRegulatory Commission.This English version of the Annual Report 2023 (Summary) is translated from the Chinese version of the same. Incase of discrepancy, the Chinese version disclosed by the Company shall prevail.All Directors attended the board meeting to review this report in person, except for the following director:
| Name of the absent director | Title of the absent director | Reason for absence | Name of the delegate |
| Liu Qian | Director | Reasons related to work | Wu Zuomin |
Non-standard audit opinion notification
□Applicable ?Not applicable
The profit distribution proposal for ordinary shares or the proposal to capital reserve capitalization for theReporting Period as considered by the Board of Directors?Applicable □Not applicableWhether to implement capital reserve capitalization
□Yes ?No
The profit distribution plan of the Company considered and approved by the Board of Directors is as follows: acash dividend of RMB0.70 (including tax) for every 10 shares held by all the Shareholders, based on the totalshare capital of the Company as of the date of registration of shareholdings when implementing the profitdistribution plan in 2024, no bonus shares will be issued and no shares will be converted from capital reserveinto share capital.
Profit distribution proposal for preferred shares during the Reporting Period passed by the Board of Directors
□Applicable ?Not applicable
II. Company Profile
1. Company Information
| Stock abbreviation | Glodon | Stock code | 002410 |
| Stock Exchange | Shenzhen Stock Exchange | ||
| Contact information | Board secretary | Securities affairs contact | |
| Name | Li Shujian | Cheng Yan | |
| Office address | E-13, 10 Xibeiwang East Road, Haidian District, Beijing, China | E-13, 10 Xibeiwang East Road, Haidian District, Beijing, China | |
| Fax | 010-5640 3335 | 010-5640 3335 | |
| Tel | 010-5640 3059 | 010-5640 3059 | |
| ir@glodon.com | ir@glodon.com | ||
2. Main Business of the Company
1. Overview of Our Business
The Company envisions itself as a digital building platform service provider based in the constructionindustry that provides its clients with professional construction engineering software and hardware products,solutions and services. The Company serves all parties involved in the engineering project life cycle, includingdevelopers, designers, consultants, constructors, manufacturers, suppliers, and operators. With specializedapplications in construction engineering serving as the core essential support and industry big data andindustrial chain finance serving as value-added services, the Company provides full-lifecycle solutions fordigital buildings, drives high-quality development of construction enterprises through systematic digitalcapabilities.The Company’s businesses are divided into three major business segments and several innovation businessunits based respectively on business stages and client type, namely the Construction Cost business segment,Construction Management business segment, and Digital Design business segment; the several innovativebusiness units include Digital Developer, Digital City, Digital Supply & Procurement, Digital Education andDigital Finance. The businesses are also divided into domestic and overseas businesses.The Construction Cost segment mainly provides software products and data services to all industryparticipants involved in construction project management, and it includes traditional cost sets such as GlodonQuantity Takeoff products, National Standard Pricing products, and Engineering Information products.
Leveraging its accumulated advantages in the field of engineering cost management, the Company extends itsservices to early-stage value management and data management during construction, enabling data-drivenbusiness management and offering new digital cost and consultancy products and services to developers,constructors and consultants. Currently, it mainly provides products and services to clients adopting a SaaSmodel.The Construction Management segment mainly focuses on the construction process of engineering projects,and provides construction companies with platform-based solutions covering project management andenterprise management through a “platform + modular components” model. Specifically, this involves BIM+intelligent site products at the project level, and products aimed at project-enterprise integration at theconstruction companies’ enterprise level. Digital transformation is still in the process of continuousimprovement in the construction industry, with relatively low market penetration.
The Digital Design segment is oriented toward clients such as design institutions, providing them withfully proprietary 3D forward design platform products and services that cover architectural design and urbandesign products and digitalized design delivery and filing services, including Glodon NovaDesign set,BIMSpace Architectural Design Product Family, Computational Analysis Product Family, Glodon NovaDesignRoad product and Glodon Design Delivery and Filing, along with collaborative design-cost and design-construction integration solutions.
The Digital City unit is focused on creating a CIM (City Information Modeling) platform to form a digitalfoundation for cities, and advancing CIM+ application to provide integrated planning, construction, andmanagement solutions, smart ecosystems, and Intelligent Operation Centers (IOC) for cities.
The Digital Education unit revolves around the construction of a talent chain system in the buildingindustry, dedicates to providing professional lifelong education services for industry talents. It focuses onenhancing the cognition and skill levels of key positions, linking the talent cultivation supply chain, mitigatingthe contradiction between supply and demand of professional talents, and providing more high-qualityprofessional talents for the transformation, upgrading, and healthy development of the construction industry.
The Digital Developer unit primarily caters to the digital demands of developers (including central andlocal state-owned developers, urban investment platforms, and self-developers), focusing on the investment,development, construction, and delivery stages of projects. It offers comprehensive digital solutions coveringcorporate level, project level, operational level, and supplier collaboration.
The Digital Supply & Procurement unit deeply integrates digital technology into the building materialssupply chain to connect supply and demand. It provides group purchasing and e-commerce digital procurementproducts for large construction enterprises and sourcing, competitive bidding, and inspection services for smalland medium-sized construction enterprises. For a vast number of building material suppliers, it offers intelligentmarketing solutions under four business scenarios: market insight, brand promotion, product promotion, andprecise customer acquisition.The Digital Finance unit maximizes the use of full, real-time business data of business-finance and project-enterprise integration throughout the engineering project's lifecycle, along with algorithms supporting funders'risk control and regulators' management. It develops digital risk control model products and extends digitalfinancial technology to the digital credit and financial services in the construction industry.
As regards our overseas business, one segment is Cubicost, a series of international products for theconstruction cost business, which has been marketed mainly in the Southeast Asian market. The other segmentis the MagiCAD series of electromechanical design software and simulation analysis software for buildingenergy consumption operated by our European subsidiary, and Glodon GSite, an international constructionmanagement platform targeting the European market.
2. Management Discussion and Analysis
Since its renewed entrepreneurial that began in 2017 (2017-2025), the Company has been steadfast in itsmission to make every project a success and to enable every builder to achieve greatness. Through digital means,we strive to address challenges related to project scheduling, costs, quality, safety, and environmental protection,thereby accelerating the construction industry's digital transformation and upgrade. During the Seventh Three-year Plan (2017-2019), the Company went through a cloud transformation journey, transforming not just itsproduct offerings, but also its ways of thinking and business strategies. During the Eighth Three-year Plan(2020-2022), it improved values of multiple businesses by consolidating dual business segments (constructioncost and construction management), making new breakthroughs in digital design and putting our integrateddigital project management platform PaaS into operation. As we enter the Ninth Three-year Plan (2023-2025),the Company strides towards the climax of its renewed entrepreneurial venture, during which the constructionindustry's demand for high-quality development has grown significantly. The value of digitization in reducingcosts and enhancing efficiency has become particularly evident, providing a stronger growth impetus for theindustry's digital transformation. Amidst the landscape of opportunities and hurdles characterizing the currentdigital revolution in the construction industry, the Company stands firm in its pursuit of a bold second chapter,
preserving its strategic focus, driving proactive innovation and stable development to steer its renewedentrepreneurial initiative towards assured success.2023 marks the opening year of our Ninth Three-year Plan, however, the pace of the Company's overallbusiness operations has been impacted by the state of construction industry project commencements. During theyear, the Company achieved an operating income of RMB6.525 billion and a net profit of RMB116 million,down 0.42% and 88.02% year-on-year, respectively. Our profit saw a significant decline, largely due toincreases in labor costs, depreciation, amortization, and asset impairment. From the perspective of segments,our Construction Cost business segment achieved an operating income of RMB5.17 billion, up 8.33% year-on-year. During the Reporting Period, the Company signed cloud contracts of RMB3.564 billion, down 9.08%year-on-year, the performance remained essentially flat year-on-year excluding the impact of three-yearcontracts. While our Construction Management business segment and Digital Design business segmentachieved an operating income of RMB862 million and RMB87 million, down 35.00% and 27.53% year-on-year,respectively.
(1) Organizational structure upgrade to address systematic digital needs of clientsIn response to the evolving landscape and new demands for digital transformation within the constructionindustry, we initiated a proactive transformation at the beginning of 2023 by adjusting our organizationalstructure. Dismantling from the previous three BG segments, it established a networked transparent organizationcentered around customer base, product lines, and business platforms, forming a business management systemthat cascades from customer base to solutions, product lines, products, and platforms. It propelled theCompany's internal capabilities towards greater systematization, platformization, and networking, therebyoffering clients a complete solution-oriented service system built on a platform+ module mode. Following ayear of integration in 2023, this organizational restructuring is expected to enhance operational effectiveness by2024.
(2) Construction cost products weathering challenges with solid growth in new digital cost productsDuring the Reporting Period, the construction cost products achieved cloud revenue of RMB3.224 billion,representing a year-on-year increase of 11.20%, primarily due to the recognition of previously signed cloudcontracts and the carryforward of new ones. Cloud contracts worth RMB3.029 billion were signed, representinga year-on-year decrease of 6.47%. The Company's construction cost products maintained high renewal rate,application rate, and user engagement levels comparable to the same period last year.
During the Reporting Period, the Construction Cost business continued its evolution from single-role setsto full-process cost management applications, achieving a breakthrough with comprehensive coverage of deepapplication across benchmark enterprises. During the Reporting Period, the new digital cost products achievedcloud revenue of RMB598 million, representing a year-on-year increase of 52.36%. Cloud contracts worthRMB535 million were signed, representing a year-on-year decrease of 21.50%. With a focus on customer valuecreation in 2023, these products helped enhance usage rates and value for customers to nurture benchmark users.The delivery and benchmarking of the new digital cost products made significant progress, effectively boostingthe product application rate; the renewal rate rose consistently, nearing parity with the construction costproducts' renewal rate, meeting the Company's preset goals. The Company successfully created 270 single-scenario benchmarks, 50 cost-management value benchmarks, and 7 pavement benchmarks, laying a strongfoundation for future product promotions.
(3) Streamline construction business and continuous improvement in operational quality
Amidst a decline in the number of construction project kick-offs and slower progress on some projects,coupled with intensifying competition in the industry, construction firms have become more cautious aboutdigital investments, which has impacted the expansion of the Company's digital construction business ordersand deliveries to some extent. Responding to both internal and external shifts, the Company refined its digitalconstruction business strategy and persistently upgraded value proposition in its solutions. It pivoted frompursuing scale to emphasizing quality in its business operations, strategically managing profitability and cashflow to guide adjustments in the construction business strategy, aiming for high-quality, scalable expansion inthe long run. In 2023, construction products became increasingly tailored to address core business scenarios ofcustomers, with a rising share of proprietary hardware and software. Applications rate in labor, material, BI,GEPS, and other products steadily improved, and over 200 enterprise and large-project benchmarks wereestablished. As a result of these concerted efforts, sales collections from Construction Management businesssaw an improvement compared to 2022.
(4) Focus on quality improvement of NOVADesign and breakthroughs in collaborative design andintegration
In 2023, the key task for Glodon NOVADesign products is to validate product value, establish a value loop,construct a value benchmark, and achieve scalable product application. During the Reporting Period, GlodonNOVADesign increased the efficiency and quality of collaborative design in the drawing design phase, creatingintegrated design calculations. Over 70 benchmark companies were established, along with more than 260
benchmark projects. A value loop for collaborative design and drawing was completed for residential andgeneral public building formats, with 193 core scenarios successfully validated for functionality, performance,and quality across multiple projects.
(5) Orderly layout of overseas business and steady progress in internationalizationDuring the Reporting Period, the overseas business achieved operating income of RMB194 million, up
26.43% year-on-year, mainly due to the consolidation of the energy simulation software company EQUASimulation AB (Sweden) acquired by subsidiary MagiCAD Group Oy (Finland), as well as robust developmentin other business. In terms of internationalization of Construction Cost business segment, efforts wereintensified to deepen operations with key clients in major regions and expand into niche markets, resulting instable orders and continuous improvement in operating profit margins. The application rates for quantity takeoffproducts for civil and installation and BQ pricing products in key regions remained stable. In terms ofinternationalization of Construction Management business, the upgrade of Gsite 2.0 product responded to corecustomer needs, combined with the Company's business platform capabilities to enhance productcompetitiveness. Through a series of marketing activities, brand awareness was increased to create a solidmarket foundation for business development. In terms of internationalization of Digital Design business,MagiCAD2024 was officially released, supporting efficient calculation of VAV air conditioning system toimprove MEP design efficiency.
(6) Continuous advancement of core technologies supports key business developmentIn recent years, as the leading unit, the Company has undertaken a number of national-level majorscientific and technological breakthrough projects initiated by the Ministry of Industry and InformationTechnology, the Ministry of Science and Technology, and the Ministry of Housing and Urban-RuralDevelopment. With outstanding technical strength, the Company continuously tackles critical challenges forindustry development and facilitates the conversion of scientific and technological achievements, consistentlyreceiving high recognition from government departments for its product innovation capabilities and value. TheCompany continues to increase its investment in R&D, consolidating its core technological barrier. During theReporting Period, the total R&D investment of the Company amounted to RMB1.963 billion, representing ayear-on-year increase of 5.65%, accounting for 30.09% of the operating income. During the Reporting Period,the Company continued to upgrade its core graphics technology, significantly enhancing the rendering
performance and realistic effect of large infrastructure and CIM scenarios, the performance and stability of 2Dgraphics processing, as well as the curved surface modeling capability for complex buildings. At the same time,the Company actively explored applied algorithms integrating virtual and real scenarios in infrastructure sites,achieving effective integration and innovation with business operations. The Company launched the first digitalcore competency platform with independent intellectual property rights in the construction industry - theConstruction Business Platform, which provides a PaaS platform for the entire construction industry coveringservices for the whole lifecycle of buildings including design, construction, operation, and maintenance. TheCompany achieved breakthroughs in artificial intelligence technology and independently developed a large AImodel tailored for the construction industry, which is capable of knowledge-enhanced question answering,automation, analysis, and generation-augmented basic capability calculations for construction industry data. Wehave established an AI platform that offers end-to-end tools for the development of industry AI applications andthe MaaS (Model as a Service) service model. Furthermore, the Company applied core AI technology acrossvarious sectors such as architectural design, contract and procurement, and construction, accelerating theintelligent transformation and value upgrade of the Company's products.
3. Work Plan for 2024
In 2023, rapid changes in the external market led to significant resource investments by the Company,resulting in high costs and a considerable decline in profits. In 2024, the Company will actively adjust itsstrategy by concentrating resources and focusing on key areas, so to achieve stable growth in revenue andprofits.
(1) Concentrating resources
The core rational behind concentrating resources is to optimize resource allocation, focusing on coreproducts, key regions, and key customers.
Core products include mature products such as quantity takeoff, pricing, and engineering informationproducts, for which the Company will strive for steady growth and increased profits. For growth products suchas engineering data service, bid analysis and review products, Glodon NOVADesign, labor management,material management, and Zebra Progress, the Company aims to achieve rapidly scale-up and revenuecontribution. Key regions include 14 regions such as Beijing, Shanghai, and Guangdong, where the Companywill focus on growth products to achieve effective scale-up. Key customers include central enterprises, localstate-owned enterprises, and leading private enterprises.
Furthermore, the Company will further tap into internal potential and strive to reduce costs and increaseefficiency. We will implement the 2 Pizza Team mechanism to maximize innovation and collaboration throughthe formation of small teams. We will strengthen budget management and expense control, effectivelycontrolling expenses from the source and throughout the process, reducing unnecessary expenses.
(2) Focusing on key areas
In respect of the pricing products in the construction cost business, we will take the opportunity of therelease of the new list to comprehensively upgrade market-oriented services and data-based services adapted tothe new list, cover the prefabricated business, and expand into to industrial park-related businesses. We aim toachieve stable growth by continuously enhancing product value. For new digital cost products, we willcontinue to enhance solution value and expand business scenarios, accelerating the scale-up promotion bybuilding on the benchmark customers established in 2023.
In respect of the construction management business, we will continue to optimize the product structure,focusing on advantageous products and high-potential products, including enterprise management, projectmanagement, as well as labor management, material management, tower crane and Zebra Progress products.For the enterprise management product, we aim to continuously improve market expansion capabilities throughproject-enterprise integration and data-driven strategy. For the project management product, we aim to enhanceproject profitability for project managers by making breakthroughs in key value scenarios. For the labormanagement product, we aim to create labor quotas that are combined with construction quantity takeoff andmaterial management. For material management products, we aim to achieve transparent control of projectmaterials through mobilization and automation. For the tower crane product, we focus on making breakthroughsin anti-collision technology to enhance product value. For Zebra Progress, we will bringing a brand-newplanning and progress control experience through AI, transitioning from a free traffic-attracting product to asubscription-based fee model. Infrastructure is an important growth point for the construction managementbusiness in 2024. The Company has adjusted its management approach based on the business characteristics ofinfrastructure, transitioning the channel advantages established over the years with central and state-ownedenterprise infrastructure clients in the housing construction business to the infrastructure business. Targeting theroad and bridge and civil municipal markets, the Company aims to leverage products such as materialmanagement, labor management, Zebra Progress, and road quantity takeoff to establish competitive advantagesfrom the enterprise to the project level, and replicate the capabilities across regions to achieve higher growthrates.
In respect of the design business, the Company will continuous to create a value BIM benchmark,leveraging collaborative design and integrated value to enhance the quality and efficiency of design.
Furthermore, the Company will vigorously expand its various businesses into infrastructure fields suchas urban renewal, affordable housing, municipal public buildings, industries, industrial parks, self-builtbuildings, as well as roads and bridges.
3. Major accounting data and financial indicators
(1) Major accounting data and financial indicators for the previous three yearsWhether the Company need to retrospectively adjust or restate its accounting data for previous years?Yes □No
Unit: Yuan
| 2023 | 2022 | Year-on-year Change | 2021 | |||
| Before adjustment | After adjustment | After adjustment | Before adjustment | After adjustment | ||
| Operating income (Yuan) | 6,524,575,067.70 | 6,552,355,812.47 | 6,552,355,812.47 | -0.42% | 5,562,216,443.14 | 5,562,216,443.14 |
| Net profit attributable to shareholders of the listed company (Yuan) | 115,837,537.09 | 966,734,779.17 | 967,170,402.70 | -88.02% | 660,974,286.88 | 660,559,791.78 |
| Net profit attributable to shareholders of the listed company after deduction of non-recurring profit and loss (Yuan) | 54,428,701.01 | 919,252,904.33 | 919,688,527.86 | -94.08% | 651,128,119.78 | 650,713,624.68 |
| Net cash flow from operating activities (Yuan) | 636,957,826.53 | 1,647,598,520.47 | 1,647,598,520.47 | -61.34% | 1,601,350,833.93 | 1,601,350,833.93 |
| Basic earnings per share (Yuan/share) | 0.0702 | 0.5866 | 0.5869 | -88.04% | 0.4027 | 0.4025 |
| Diluted earnings per share (Yuan/share) | 0.0700 | 0.5855 | 0.5857 | -88.05% | 0.4024 | 0.4022 |
| Weighted average ROE | 1.89% | 16.57% | 16.58% | Decreased by 14.69 percentage points | 10.59% | 10.58% |
| 2023 Year-end | 2022 Year-end | Change from end of previous year to end of this year | 2021 Year-end | |||
| Before adjustment | After adjustment | After adjustment | Before adjustment | After adjustment | ||
| Total assets (Yuan) | 10,675,950,410.05 | 11,545,493,530.94 | 11,545,514,659.37 | -7.53% | 10,067,626,141.36 | 10,067,259,898.09 |
| Net assets attributable to shareholders of the listed company (Yuan) | 5,882,546,802.94 | 6,311,747,170.12 | 6,311,768,298.55 | -6.80% | 5,787,737,027.21 | 5,787,737,027.21 |
(2) Quarterly major accounting data
Unit: Yuan
| Q1 | Q2 | Q3 | Q4 | |
| Operating income | 1,300,372,807.13 | 1,749,528,639.69 | 1,699,632,468.59 | 1,775,041,152.29 |
| Net profit attributable to shareholders of the listed company | 119,763,441.45 | 128,398,493.94 | 13,425,908.84 | -145,750,307.14 |
| Net profit attributable to shareholders of the listed company after deduction of non-recurring profit and loss | 94,002,727.79 | 116,940,771.54 | 1,250,282.90 | -157,765,081.22 |
| Net cash flow from operating activities | -924,433,593.88 | 213,591,761.89 | 293,882,396.20 | 1,053,917,262.32 |
Whether the above financial indicators or their sums are significantly different from those disclosed in theCompany’s quarterly financial reports or interim financial reports
□Yes ?No
4. Share capital and shareholders
(1) Table of number of ordinary shareholders and preferred shareholders with restored voting rights andthe shareholdings of top 10 shareholders
Unit: share
| Total number of ordinary shareholders as of the end of the Reporting Period | 67,652 | Total number of ordinary shareholders at the end of the month immediately before disclosure date of annual report | 70,457 | Total number of preferred shareholders with restored voting rights at the end of the Reporting Period | 0 | Total number of preferred shareholders with restored voting rights at the end of the month before disclosure date of annual report | 0 | |
| Shareholding of top-10 shareholders (Excluding shares lent through refinancing) | ||||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage | Number of shares held | Number of shares subject to trading restrictions | Pledged/labeled/frozen | |||
| Status of shares | Quantity | |||||||
| Diao Zhizhong | Domestic natural person | 15.98% | 266,090,783 | 0 | Pledged | 62,900,000 | ||
| Hong Kong Securities Clearing Company Ltd. | Overseas legal person | 13.96% | 232,409,778 | 0 | Not applicable | |||
| Chen Xiaohong | Domestic natural person | 4.71% | 78,358,000 | 0 | Not applicable | |||
| Wang Jinhong | Domestic natural person | 4.29% | 71,433,043 | 53,574,781 | Not applicable | |||
| Tu Jianhua | Domestic natural person | 2.26% | 37,558,241 | 0 | Not applicable | |||
| National Social Security Fund 102 Combination | Others | 1.95% | 32,486,599 | 0 | Not applicable | |||
| An Jinghe | Domestic natural person | 1.91% | 31,822,118 | 0 | Not applicable | |||
| Wang Xiaofang | Domestic natural person | 1.68% | 28,000,000 | 0 | Not applicable | |||
| Glodon | Others | 1.06% | 17,659,300 | 0 | Not | |||
| Company Limited – 2023 Employee Stock Ownership Plan | applicable | |||||
| abrdn Asia Limited－Aberdeen Fun－ China A Share Sustainable Equity Fund | Overseas legal person | 0.98% | 16,282,841 | 0 | Not applicable | |
| Explanation on any connections or acting-in-concert among the above shareholders | There is no connection among the above natural person shareholders, nor are they persons acting in concert as regulated in the Measures for the Administration of the Takeover of Listed Companies. The Company is also not aware of any connection among other shareholders or whether they are acting in concert as regulated in the Measures for the Administration of the Takeover of Listed Companies. | |||||
| Description of shareholders participating in Margin Trading (if any) | Not applicable | |||||
Information on the top ten shareholders participate in the refinancing and securities lending business
□Applicable ?Not applicable
Changes of the top ten shareholders compared with last period?Applicable □Not applicable
| Changes of the top ten shareholders compared with last reporting period | |||||
| Name of shareholder | Add/exit during the Reporting Period | The outstanding shares of refinancing and securities lending business and not yet repaid at the end of Reporting Period | The shares held by the shareholders through ordinary account and credit account as well as the outstanding shares of refinancing and securities lending business at the end of Reporting Period | ||
| Number of shares | Percentage of total share capital | Number of shares | Percentage of total share capital | ||
| HHLR Management Pte. Ltd - China Value Fund (Exchange) | Exit | 0 | 0.00% | Not available | Not available |
| Glodon Company Limited – 2023 Employee Stock Ownership Plan | Add | 0 | 0.00% | 17,659,300 | 1.06% |
(2) Table of number of preferred shareholders and the shareholding of top 10 preferred shareholders
□Applicable ?Not applicable
During the Reporting Period, there is no information about the shareholding of preferred shareholders of theCompany.
(3) Chart of equity and controlling relationship between the Company and the acting controller
5. Information of bonds outstanding on the date of annual report issuance approval
□Applicable ?Not applicable
III. Important MattersDuring the Reporting Period, there were no significant changes in the company’s operations. For details,please refer to Section 6 "Important Matters" of the "Annual Report 2023" published by www.cninfo.com.cn
Glodon Company LimitedChairman: Yuan Zhenggang
March 25, 2024
15.98%
Diao Zhizhong
Diao ZhizhongGlodon Company Limited