The money we earn together.
On the evening of October 21, the China Securities Regulatory Commission approved the IPO registration of Ant Group’s Sci-tech Innovation Board. This means that Ant’s plan to simultaneously list A+H shares in Shanghai and Hong Kong finally succeeded.
Subsequently, Ant Group updated its prospectus, and Chairman Jing Xiandong also issued an open letter to investors.
In this letter titled “Because I Believe, I See,” Jing Xiandong answered questions such as “Who are the ants, where do the ants come from, and where are the ants going” for the first time.
At the same time, Jing Xiandong once again stated to the market, banks and regulatory agencies that Ant is not a financial institution, nor is it just a mobile payment company, but a company determined to use today’s best technology and resources to help banks and finance. The organization better serves every consumer and every small and micro enterprise technology company.
Jing Xiandong reviewed the development history of Ant, from the first secured transaction, to quick payment, 310 loan, Yu’ebao, and money collection code… These are all revolutionary and important products in Ant’s development history.
Jing Xiandong’s open letter once again advertised the intention of cooperation to the financial industry. Ant will open up an incremental market serving small and micro enterprises and long-tail users, and choose to work with partners to make a big cake instead of a zero-sum game sharing the stock cake.
Ant benefits from goldInclusive of financial benefits is also continuing to promote financial inclusiveness. When finance is not Ants benefit the most when they are privileged by a small number of classes, but when everyone can participate in and risk-controllable services.
The following is the full text of the letter from Ant Group Chairman Jing Xiandong to investors:
Because I believe, I see it
Dear investors:
The Ant Group you are following is not a financial institution or a mobile payment company, but a company determined to use today’s best technology and resources to help banks and financial institutions better serve every consumer , Every small and micro enterprise’s technology company.
Sixteen years ago, Ant Group started with a dream: In the future, financial services will not be a minorityPeople are exclusive, but every ordinary consumer can get the service anytime. Today, sixteen years later, we can proudly say that because we believe, we see that today 1 billion domestic consumers and 80 million small and micro businesses are enjoying the convenience brought by financial technology, allowing them to live and start their own businesses. On the Road =”2″ href=”https://36kr.com/projectDetails/58104″ target=”_blank”>Pack lightly.
This achievement inspires us. We believe that this is just a prelude to the future.
The financial system of the industrial era in the past two hundred years has served 20% of the population and institutions; in the digital age that is being opened, the remaining 80% must be served well. This era has just begun. We will work with like-minded partners to transform “people looking for money” and “business looking for money” with technology into “money looking for people” and “money looking for companies”, so that every consumer in the world, Every small and micro enterprise will benefit from financial technology.
This is the responsibility of the Ant Group, and it is also the future that the Ant Group invites you to join and to go together.
We are “beautiful” because of “small”
Today, Ant Group is already a technology company with three pillars: digital payment, digital financial technology platform, and digital life. Facing the further future, we are still evolving.
Billions of consumers, small and micro enterprises, their pursuit of a better life is the meaning of ants. Ant believes that as long as we can let every ordinary person have the same service rights as the bank president; as long as we can let every mom-and-pop shop and small stall owner on the street can get loans as easily as large companies and get the same Opportunities for development… Then Ant Group must be a company in the future.
We don’t pursue big and strong. What we pursue is that the consumers and small and micro enterprises we serve are getting better and stronger. What we are pursuing is that we can become a good company with 102 years of healthy growth. We look forward to working hard so that every individual can enjoy inclusive and green financial services; so that every small and micro enterprise has equal development opportunities; and through open cooperation, we can make a digital lifeAt your fingertips.
We are struggling to trust this problem
We are a problem-solving company that has been committed to solving real problems for consumers and small and micro businesses.
The secured transaction 16 years ago solved the problem of strangers’ transactions on the Internet; the fast payment 10 years ago solved the problem of the low success rate of online payment; Yu’ebao, seven years ago, allowed ordinary people You can manage your finances with one yuan; the money-receiving code more than three years ago allows every roadside stand to enjoy the convenience of mobile payment. We are not driven by opportunity, but driven by mission and vision.
In order to better realize the mission of “Let the world have no difficult business”, we are struggling with trust issues, because the cost of trust is the biggest obstacle and cost in business.
Submit through innovation guaranteeEasy model breaks the trust barrier, to rely on technology and data capabilities for small and micro businesses Enterprises provide pure credit loans. Now, AntChain is exploring the use of blockchain technology to solve the trust problem of multi-party collaboration in the digital age. For 16 years, if the core problem we have solved is to build trust.
We always ask ourselves, if one day, the company is gone, what should we leave for the world? What we hope to leave is a trust system.
We firmly believe in the future of digital inclusion
We are experiencing a digital transformation in all fields and the entire industry chain.
It does notIt is the patent of technology companies, and only when all industries and companies participate in the digital era can it truly come.
Modern service industry, including financial service industry, is becoming the main way to boost domestic demand and solve employment. The development of service industry is inseparable from digital infrastructure. This is also the expectation of consumers for a better digital life.
Based on this, we will promote the digital upgrade of the modern service industry, including the financial service industry, so that every small and micro enterprise can share the digital dividend, so that every individual can enjoy services within reach.
Go alone fast, and everyone will go far. We will walk hand in hand with our partners to meet the digital future together.
We use technology to open up the incremental market serving small and micro enterprises and long-tail users. We choose to work with our partners to make a big cake instead of a zero-sum game sharing the stock cake. We believe that as long as we continue to solve problems through technological innovation, we will surely create greater markets and opportunities.
Today, people in more developing countries and regions also urgently need more inclusive services. Small businesses there also urgently need more development opportunities. We will do our best to help them, and to help them is to help ourselves and to help the world become a better place.
Technology must be the biggest “public welfare” of this era
We have always insisted on doing things that others are unwilling to do, cannot do or do not well, because technology gives us such abilities and opportunities. It is science and technology that makes Pratt & Whitney a sustainable business model and exerts its greatest charity attributes.
We will insist on investing in science and technology, let the science and technology have temperature, let the two-dimensional code, artificial intelligence, cloud computing, blockchain… these technologies walk from the laboratory to the field, and walk into every common people. In the pyrotechnic city life, every picture is changed because of changes. Blooming around the smiling face.
We will continue to invest three-thousandths of our annual operating income into public welfare undertakings.
In addition, we will continue to increase investment in green development. In the past four years, we have grown together with 550 million Ant Forest users.More than 200 million trees were created. In the next ten years, we will plant another billion trees. Let the earth have more green water and green mountains and less wind and sand. We will continue to support the development of women, so that girls in poverty-stricken areas have the opportunity to study and have the right to choose.
We know that there will still be countless difficulties and challenges on the way forward, but we are going forward fearlessly, and we invite you to join this journey of hope.
Just like when we started sixteen years ago, we didn’t choose to believe because of seeing, but because we believed, we saw.
Jing Xiandong
Chairman of Ant Group