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Jiyi Home Group is a comprehensive construction, home improvement materials and furniture supplier and a “one-stop” supplier of interior design and engineering services in China. It was founded in 1997 and is mainly engaged in the sale and distribution of construction, home decoration materials and furniture. In addition, it also provides interior design and engineering services. The company's business areas are mainly distributed in Guangdong Province, Fujian Province and Jiangxi Province. It operates a total of 15 sales stores, ranking first and third in Meizhou City and Guangdong Province respectively. Management said that in the future, it will focus on expanding third- and fourth-tier cities with high potential for development. With the acceleration of urbanization construction, it is expected that the company will also develop relatively rapidly.

In 2012-2014, the compound annual growth rate of the company's sales revenue was 14.8% to 334 million yuan, and the compound annual growth rate of net profit was 21.4% to 42 million yuan. The growth rate was fast and stable. The company's prospectus price is HK$1.1-1.6, corresponding to a price-earnings ratio of 7.5-10.9 times 2014; however, as of April 30, 2015, the total number of orders taken by the company declined due to the fact that customer projects were basically completed in 2014, which led to a year-on-year decline in sales revenue of the previous four months to $83.1 million, and net profit was drastically reduced by 66.1% to 3.9 million yuan; in addition, due to the company's preparations for listing and confirmation of certain listing expenses in May-August of this year, this will further reflect on the company's preparations for listing and confirmation of certain listing expenses in May-August of this year Earnings in fiscal year 2015 were adversely affected. We recommend purchasing with caution.