Jianyi: Establish a solid cultural foundation for enterprises

Host Wang Libong: Thank Hu for sharing her successful experience. Next we ask Mr. Jianyi to share with us the experience of a tea-sitting. Jianyi: Thank you very much for the moderator's introduction. All of us here are our clients, one tea and one sitting next month 18th will start to launch two new salad is very delicious. In fact, the characteristics of entrepreneurs, especially in the field of consumer entrepreneurs, I am the financial chief, I only speak a little simpler, in fact, I from Taiwan, to Hong Kong, to China, I think Chinese enterprises have a way. The most special part of it is that our finances are transparent. Frankly speaking in China's environment, our financial transparency is our highest principle. Including my investors and so on, they are very clear that a tea sitting in the digital management and transparency is very high. What we ask of ourselves is that we can fully demonstrate our financial transparency in this environment. I think that the reason we are able to negotiate with investors is very smooth, financial aspects are very important factors. The 2nd I would like to emphasize is that I think our model is more clear, and this is where many people know about the finance department. You can see from the media, we have a tea sitting is to provide leisure services, our positioning in foreign countries is about 20 to 30 dollars in the consumption level. In China, such positioning, frankly speaking, is relatively small. I think we can clearly model our structure from the data of the past five years, so we can draw up a clear indicator, give the team a reasonable and measurable goal, and play a good incentive mechanism. In fact, a tea sitting in the process has been stumbling for a long time. In the United States and we have a cup of tea, like the positioning of more than 30, when we find such a positioning, the establishment of a correct performance indicators, which is one of our tea sitting in contact with the VC process, the more important aspects. Finally, I think culture is very important, culture is embodied in people. In fact, VC, see a lot, so say these, even forget all have no relationship. Because he is the investor, is to see the company culture. I think it is very important to set up a very special and solid cultural Foundation for this enterprise. Thank you!