"Listing is definitely going to go public. Listing is an inevitable trend for the company to develop to a certain stage. I didn't say it and refused to go public. However, my personal opinion is that if we want to go public, we must consider this matter after we have laid a solid foundation. Our company's debt ratio is low, good operation, and there is no shortage of funds, so listing is not the thing we should consider at the moment. We should do everything we should do well, steadily, and step by step. Listing has the benefits of listing, and it can raise funds from the society and increase the size. To put it bluntly, once we go public, the shares in our hands may be more valuable. However, there are risks of listing. At that time, it will be impossible for us to decide how the Veteran Group should develop. There will be more constraints in all aspects and more uncertain risks. In recent years, almost from

Four or five years ago, someone suggested to me that our company was going to go public, but I never agreed and did not make plans for this. The reason is that there are many characteristics of our Veteran Group. We have many things that are different from ordinary companies. Once listed, our development may not be as smooth as it is now. Moreover, our company is not short of money. We have sufficient funds. In addition, our debt ratio is also very low. If we really want to develop projects, we can take out loans. We do not need to raise funds through listing, so there is no need for us to go public. I think what we should do is to make steady progress and complete the goals we planned step by step. When our Veteran Group is strong enough and our foundation is laid solid enough, we will consider the listing matter." Ye Lingtian said slowly.

Then he looked at the person and said, "At this point, I think I need to remind you a few points. First, I think that through the growing growth of our Veteran Group over the years, our confidence has improved, and even expanded a little. Being confident is a good thing. However, there is a saying that people are prepared for danger in times of peace. If people do not have long-term plans, they will have immediate worries. We must see our own advantages, but we also recognize our own shortcomings and our shortcomings. Our Veteran Group has developed rapidly over the years. Our current size can almost be said to be a giant in China. As long as we really go public, we can indeed

Easily squeezed into the top ten domestic private enterprises, or even the top five. In China, we can be said to be a legend and a myth. But don’t forget one thing: compared with other private enterprises, our size is not inferior to them, but it took decades to slowly develop to this point today. But everyone counted with their fingers. It took only a few years since our Veteran Group opened its first store to today? It only took several years since our Veteran Group was established to today? If we say that we have given catering companies, please carefully count how long has our current companies been established? Our development is OK

It can be called rapid, but please ask yourself, is our foundation really solid? Please recall and think about it carefully. The reason why we develop so rapidly is only relying on the personal abilities and correct decisions of the people we are sitting on? I tell you that the reason why we develop so fast is because of many external factors. First, the support of the state, and second, the support of friends. These factors are very important. This is why we can develop so rapidly. But are these things we have? When the national policies change one day, can we still maintain development? This is like building blocks,

We piled up so quickly and so high. Are the foundations below us strong enough? Is it neat enough? Can we pile up steadily? If it continues to pile up, it will collapse from top to bottom. So, I want to remind you that our veteran group is indeed very good now, but our cows look good from outside. Our own foundation is not solid. We have a big gap with other companies that have been operating for decades. This is the key reason why I am not listed. So please remember that we are not able to ignore everything. We still need problems to solve. There are still great risks. Don’t be careless.”

Ye Lingtian said coldly, and after that, he looked at everyone and said, "In addition, I ask you all to correct your attitude. Don't be too ambitious. What we should do is to make the company more solid and develop more steadily step by step. How to improve the system integrity rate of the entire company, improve the company's work efficiency and interest conversion rate. How to create more profits for our shareholders and how to create more discounts for our employees. Instead of staring at the so-called Forbes rankings, those are false and have no effect except a false name. If you want to be rich, I can say that I am rich enough. The assets of Yuxin and I are enough to enter the top ten for Forbes rankings, but have I confirmed it to any aspect? I am very arrogant and awesome and have expressed my opinion on any occasion? People, no matter when they are low.

What we should do is look down at the road, not look up at the sky, keep looking up at the sky, sooner or later, you will fall into the ditch, and you will fall down. People should be low-key, no matter at all times, low-key, pragmatic, and down-to-earth. This is my requirement for the company and my requirement for you. I hope all of you think about my words carefully. Our company can develop to this day, and you brothers follow me to this day. All this is hard-won. I hope everyone cherishes it. In fact, all the things in the world are only one thing, which is to be a human being. Opening a company is actually a human being. Please think about this question carefully, how should we be a human being. Only by keeping our original intentions in mind can we always be. Don’t start to expand with a little achievement. From ancient times to the present, there are too many such flash-of-the-scenes people. I don’t want our veteran group to be the next one.”
Chapter completed!