Fu Cairui, founder of Shanghai Jiang: Will choose the right time for IPO issuance

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 Fu Cairui, founder of Shanghai Jiang: Will choose the right time for IPO issuance


In response to a series of negative rumors in Shanghai today, Shanghai and Jiangsu responded by declaring that rumors are untrue and that rumors about 95% of job cuts were seriously untrue, and that in the process of listing, gambling does not exist.

Following is an internal letter issued by Fucairi (Arnold):

Ladies and gentlemen from Shanghai and Jiangsu:

Since its inception, the company has always been committed to providing users with intelligent, efficient and professional learning products and services by means of science and technology. In line with the value concept of user first, product is king, it has constantly adapted to the development of market and technology, and has obtained the affirmation and support of the vast number of learning users. However, with the development and growth, the team has also bred questions such as pride, complacency, and oblivion of ideals and beliefs. Question.

In view of the existing problems, after consulting the shareholders and the board of directors, the companys management decided that in order to continue to strengthen the focus of scientific and technological service learning, optimize business health, and achieve customer learning effects and corporate profit goals, the company will take 2019 as a reform year to enhance customer service awareness and continue to optimize business structure. Self-service business further focuses on head advantages, strengthen customer satisfaction and corporate financial assessment; platform business consolidates the leading position in the track, helps excellent online teachers and learners to effectively match learning needs, further enhance user experience and enhance the value of online teachers. Finally, based on the needs of the companys business development, the company will choose the appropriate time of IPO issuance according to the situation of domestic and foreign capital markets. With the help of capital market, the company will strengthen the ability of science and technology service education, reduce the learning cost of learners and improve the learning effect of learners. You people in Shanghai and Jiangsu, we are in an era of drastic changes, and if we do not advance, we will go backwards. In order to serve the learners well, we have a great responsibility, and we need to achieve self-evolution through self-denial transformation one after another. Thank everyone in Shanghai and Jiangsu for their efforts. We will continue to move forward with our original intention and mission. Arnold March 6, 2019 (an orange). Source of this article: Responsible Editor of Netease Science and Technology Report: Yao Liwei_NT6056

In view of the existing problems, after consulting the shareholders and the board of directors, the companys management decided that in order to continue to strengthen the focus of scientific and technological service learning, optimize business health, and achieve customer learning effects and corporate profit goals, the company will take 2019 as a reform year to enhance customer service awareness and continue to optimize business structure. Self-service business further focuses on head advantages, strengthen customer satisfaction and corporate financial assessment; platform business consolidates the leading position in the track, helps excellent online teachers and learners to effectively match learning needs, further enhance user experience and enhance the value of online teachers.

Finally, based on the needs of the companys business development, the company will choose the appropriate time of IPO issuance according to the situation of domestic and foreign capital markets. With the help of capital market, the company will strengthen the ability of science and technology service education, reduce the learning cost of learners and improve the learning effect of learners.

You people in Shanghai and Jiangsu, we are in an era of drastic changes, and if we do not advance, we will go backwards. In order to serve the learners well, we have a great responsibility, and we need to achieve self-evolution through self-denial transformation one after another. Thank everyone in Shanghai and Jiangsu for their efforts. We will continue to move forward with our original intention and mission.

Arnold

March 6, 2019

(Orange)