GLCC(600234)2024-05-21 11:02Group 1: Company Performance and Strategy - The company is urgently working to enhance its sustainability and profitability capabilities [2] - Short-term adjustments include stabilizing existing property leasing business and reassessing the internet advertising marketing business model [2] - The company aims to expand its renovation and decoration business beyond traditional sectors, focusing on resource-rich areas for new projects [2] Group 2: Financial Performance and Risks - The internet advertising marketing business reported negative revenue in 2023, leading to a reevaluation of its business and marketing strategies [2] - The board and management are under pressure to complete planned improvements, with uncertainties regarding their success [2] Group 3: Legal and Governance Updates - The company has won a lawsuit against Laihua Real Estate, but has not yet received the owed payments [3] - As of May 10, 2024, the number of shareholders is 21,421 [3] - The company is committed to improving its governance structure and operational mechanisms in compliance with legal requirements [2]