Dear Investors:
The letter is like a face, and the book is short and long. The years do not live, and the seasons flow. On the occasion of saying goodbye to the old and welcoming the new, on behalf of every employee of Wudao Group, I would like to extend my most sincere wishes and greetings for the New Year to our investors and friends and your family. In the new year, I wish you and your family good health, happiness and a bright future.
Waving goodbye to the year of 2023 and forging ahead, farewell to 2024, when we enter the first exhibition of Huazhang, looking back on the road of growth, it is not an endless road. I think it's just a little vague, and it is very appropriate to use the torch into Yang to describe the growth of Wudao all the way, just like the birth of a brand, all departures, only because of the heart's desire; Overnight success is desirable, and down-to-earth progress is realistic. Since its establishment six years ago, Wudao Group has experienced unfavorable factors such as changes in the financial industry, weakening of the capital market, the outbreak of the epidemic, the bond market, and the turbulence of the international situation, but we have not given up growth, worked hard, experienced waves, and overcome difficulties together.
In such a new era of transformation and rise, it is difficult to resist the inner urge to peek into the whole picture and participate in its process. Fortunately, in the first-class industry changes, Wudao seized the opportunity, with the help of strong industrial operation capabilities, excellent investment resource acquisition capabilities and financial strength, the core layout of industrial investment, finance, industrial operation and management of the three major sectors, and precipitated a high-dimensional asset management institution development path of industry + capital. I would also like to express my heartfelt thanks to all the investors of Wudao Group for their trust and support, and it is your affirmation and encouragement that make Wudao Group move forward more steadily and calmly.
Those who are constant are silent, and they are famous when they succeed. 2023 is a gathering of momentum and a butterfly change. This year, Wudao opened a new situation in the changing situation, and this year, Wudao's performance increased by more than 60% against the trend, and the team increased by 30%; In terms of urban layout, six new cities including Ningbo, Hefei, Hangzhou, Baotou, Wenzhou and Wuxi have been added; Two new business divisions were established, and the performance of the three business divisions led the country, and the business division model achieved remarkable results; In the industrial operation and management sector, we have identified the backyard industry and the automobile operating and leasing industry, and selected the most suitable industrial partners.
In-depth participation in industrial operation is the most valuable measure of Wudao Group in 2023, the essence of industrial operation is post-investment management, and we will be the best asset management institution for post-investment management. From standing on the periphery to watching from the periphery, to becoming deeply involved in industrial operations, and sharing industrial dividends with the industry; From being passively informed, to going deep into the active management of the industry, working together, complementing each other's advantages, and win-win cooperation; From a financial integration expert, to an industry expert who deeply understands all the details of the industry and has the ability to operate the industry. Our self-awareness from beginning to end, Wudao's ability to attract more and more bits and pieces of stars is due to the trust of customers, the support of partners, the progress of Wudao people, and the mission given by the industry.
In 2024, Wudao Group will continue to maintain its ardent aspirations, never forget its original intention, and move forward bravely. In this era full of challenges and opportunities, I believe that Wudao's development strategy will create greater wealth value for investors, and in the new year, please continue to join hands with Wudao to go on a new journey.
The words of thanks are always sprinkled, and the sincere heart can best represent us, and we would like to express our sincere gratitude to Wudao Group on this Spring Festival. Time does not stop, prosperous and radiant, one year old, shining. I wish you all a new start in the new year, good luck in the Year of the Dragon, good fortune, abundant wealth, happiness and health!
Liu Zhen. Founder and CEO of Wudao Group
February 7, 2024, in Beijing.