Shenzhen Mingdiao Decoration Co., Ltd. (002830.SZ) provides comprehensive home decoration and furnishing services principally in China, specializing in high-end residential projects including medium and large apartments and villas. The company offers integrated solutions encompassing original residential design and engineering construction; sales of building materials and wood products; wood product customization; purchase and distribution of main materials, auxiliary materials, accessories, and soft decorations; comprehensive management services; after-sales service; public building decoration design and construction; and self-owned property leasing. Founded in 1999 and headquartered in Shenzhen, Guangdong Province, the company operates primarily within the domestic Chinese market, with a focus on the residential decoration industry and recognition as a leading provider in South China.
In recent developments, Shenzhen Mingdiao Decoration plans to invest RMB 1.2 billion of its own funds to establish a wholly-owned subsidiary, Guangdong Yaobang Digital Residence, to expand into digital home services. The company completed a share repurchase program by December 2024, acquiring 1.946 million shares representing 1.46% of its total share capital for RMB 20.2 million. It approved a cash dividend for the year 2024 with payment on June 6, 2025, and reported new contracts totaling RMB 230 million in Q3 2024 alongside Q4 new orders of RMB 111 million.