The group began to try to run the partner system within the management team

Ali listed around the uproar of the "Ali partner system", Taobao today 14 anniversary of the time to finally get the confirmation of Ma Yun. In fact, from 2010 onwards, the group began to run a "partner" system within the management team and to select new partners each year, Mr Ma said. For the partner's selection criteria, Ma said, partners must "work at Alibaba for more than five years, with excellent leadership, a high degree of recognition of the company's culture, and the company's development has a positive contribution to the company's culture and mission to carry out their best efforts."

It was previously reported that management, including Mr Ma, only holds about 10% per cent of Alibaba, while SoftBank and Yahoo hold 36% and 24% per cent respectively. Ma Yun, in order to ensure that his stock after the listing, to the HKEx put forward a "dual-track and partnership programme." But the SFC does not seem to be willing to give the green light to Ali's "partnership system", which means that if Arrey landed at HKEx, Mr Ma would be likely to lose control of the company.

However, in the mail, Ma said "not necessarily care about who to control the company, but we care about the people who control the company", and want to control Ali's people "must adhere to and inherit the Alibaba mission culture partners." Similarly, Ma said "do not care where the listing, but we care about where we are listed", and the listing must support Ali Open, innovative, take responsibility and promote the long-term development of the culture.

The following is the full text of Ma e-mail

You ali Person:

Recently, we must have heard a lot about Alibaba's partner system and the company's control after listing. Today is Alibaba's 14 anniversary celebration, just on this meaningful day, reports to everybody about the Alibaba partner system situation.

14 years ago today, Alibaba 18 founder officially embarked on the road of entrepreneurship. 4 years ago, the 10 anniversary of Alibaba, we announced that 18 founders of the group had resigned from the "founder" status, starting from scratch and facing the future.

People always have the day of sickness and death. Alibaba's founders have a variety of reasons to leave the company. We know very well that the company has come today, not the 18 founders, but the culture they created to make the company unique. Most companies, after losing their founder culture, are rapidly fading into a mediocre business company. We hope Alibaba can go further.

If there is no big accident, our company will have the opportunity to participate in and witness China E-commerce retail over 10 trillion that day. But we do not want to become a just can sell trillions of goods company, we hope that they can in the future development, and constantly cultivate countless as Taobao, Alipay, Balance treasure ... That kind of innovative services and products, but also hope that our ecological culture can create more future cattle XXX enterprise. That's what we really want!

What kind of system innovation can realize our dream? Starting in 2010, the group began to run a "partner" system within the management team, selecting new partners every year. Partners, as the operator of the company, the builders of the business, the cultural inheritors, and the shareholders, are most likely to uphold the mission and long-term interests of the company, creating long-term value for customers, employees and shareholders. In the past three years, we have carefully studied the partnership Charter, in the first three batches of 28 partners in the process of election, each candidate hotly debated, in-depth discussion of the company's important decision-making, accumulated a lot of experience. On the basis of the 3-year trial operation, we believe that the Alibaba partner system can be officially announced!

Alibaba partners must be based on-"more than five years of work in Alibaba, with excellent leadership, a high degree of recognition of the company's culture, and the company's development has a positive contribution to the company's culture and mission to carry out their best efforts." We believe that only a love company, mission-driven, and uphold the culture of Ali Group, can resist external competition and the pursuit of short-term benefits of pressure.

Unlike most of the existing partner systems, we are not building an interest group, much less to control the power of the company, but the internal dynamic mechanism of the enterprise. This mechanism will inherit our mission, vision and values, to ensure that Ali innovation, organization more perfect, in the future market more flexible, more competitive. This mechanism gives us the ability and confidence to create our ideal future. At the same time, we also hope that the Alibaba partner system can make up for the current short-term profit-seeking trend of the capital market, and give all shareholders better long-term returns on the basis of openness and transparency.

As we have emphasized in the past, Alibaba is not one or a group of people, it is an ecological social enterprise. The operation of an ecological social enterprise, can not simply rely on management and flow, but more and more enterprises need common culture and innovation mechanism, system innovation to promote organizational upgrading. We introduced a partnership system, it is hoped that through the company's operations to achieve the mission, so that Alibaba from an organized commercial company, into an ecological thinking of social enterprises. To this end, the group hopes that more Ali people will emerge to join the partnership team, so that our eco-organization has diversity and heritage, to maintain the inexhaustible momentum of development.

Ali people, we do not necessarily care about who to control the company, but we are concerned about the control of the company, must adhere to and inherit the Alibaba mission culture partners. We don't care where we go on the market, but we care about where we're listing and we have to support this kind of openness, innovation, accountability and a culture of long-term development.

Ali people, on the road!

Jack Ma, chairman of Alibaba Group Board