Netease responded that the company is seeking to be listed on the main board of the Hong Kong Stock Exchange in accordance with chapter 19C of the Hong Kong listing rules.
In April 2018, the Hong Kong Stock Exchange announced the largest listing system reform in 25 years, including allowing biotechnology issuers and companies with different voting rights structures that have not passed any main board financial qualification test to come to Hong Kong for listing, and establishing a new second listing channel to allow mainland and international companies to come to Hong Kong for second listing. This system has created the conditions for the return of Chinese stocks listed in the United States to the Hong Kong market.
Sum up the experience of 23 years' operation: the root of success lies in the creative ability of original excellent content
This year is the 20th anniversary of Netease's listing on Nasdaq, and the 23rd year of its establishment. Netease summarized its business experience in the past 23 years.
Netease said that we are glad to be able to choose the direction of pursuing original and high-quality content, establishing proprietary technology and R & D strength from the early stage of entrepreneurship. Looking back over the past 20 years, it is precisely because of this pursuit that we can truly maintain our leading edge in a competitive and complex business environment, promote the improvement of the industry standards of China's Internet industry, and leave a long-term wealth for every employee who has devoted himself to our valuable business.
Netease summed up its experience of successfully grasping new market trends and coping with new challenges in the past years as follows:
First, the root of Netease's success lies in its ability to create original quality content.
Second, although it is difficult to polish the operation capacity, it is extremely important to achieve sustainable long-term development in the global scope.
Third, Netease continues to seek to extend and enhance the business life cycle and scalability of games and other products.
Fourth, Netease's proud user centered culture helps build a lasting brand awareness.
Fifth, investment in R & D of innovative technologies is important, but also needs to be based on results.
Finally, success is people-oriented.
It is often said that Netease is a family of people
According to the hearing data, Netease believes that high-quality original content is the ultimate secret for the company to acquire and retain users. This critical capability is now of unprecedented importance and will gradually become the key to success in the future. In the future, Netease will continue its consistent boutique strategy and make more products that make the team proud.
Future plans focus on global influence
The dataset also reveals the focus of Netease's future plans. Netease said that the company will continue to be based on the long-term vision of sustainable outstanding performance and financial performance.
Under this premise, Netease will strengthen its ability of content creation and continue to maintain its competitive advantage in content creation. For example, increase the reserve of various types of game products to attract different user groups and access to underserved global market segments. At the same time, Netease pursues excellent operation. Netease believes that once the company creates high-quality products, the best way to maintain the product life cycle and popularity is continuous innovation and update.
The purpose of creating high-quality content and improving operation efficiency is to provide better services to users. Therefore, Netease will also develop a happy user community, continue to put users first, and continue to expand its loyal user base.
In the future, Netease will also invest in technology and innovation, expand the company's global influence, and conduct deeper talent training. Netease hopes that one day, it will be recognized globally as a company that keeps moving forward, a unique company, and an excellent and outstanding company.
Ding Lei also mentioned Netease's globalization strategy in his letter to shareholders. He said that as early as a few years ago, Netease began to explore the sea in the fields of mutual entertainment, education, music, e-commerce, with good results. Next, based in China, Netease will continue to promote innovation and breakthrough in overseas markets through internal incubation, investment, cooperative development and strategic alliance.
This is with HKEx