On May 31, “Chinese Liquor Alliance’s Internet + Seminar” was held in Tianjin and attracted nearly 300 dealers whose sales were over RMB 10 million. Wu Xiangdong, Chairman of “Liquor Alliance”, delivered a speech that lasted for more than 4 hours. 275 dealers, or 98% of the total, chose to sign in. So far, twelfth events of “Chinese Liquor Alliance” have been held successfully in the country and attracted 4,345 allies in total.

At the seminar, based on his reflection on the current environment in the liquor industry and in-depth research about the Internet thinking, Chairman Wu Xiangdong proposed to build “No.1 ecosystem in the liquor industry” and a community economy. Wu Xiangdong stressed that “Liquor Alliance” must closely follow the frontline famous liquor distilleries and locally favored famous liquor brands and cooperate closely with them to be a bridge between distilleries and consumers. It should show its strong value in terms of services and channels.

In addition, Chairman Wu Xiangdong explained the core mission of “Liquor Alliance”. After allying with dealers whose sales were over RMB 10 million, “Liquor Alliance” would become a more closely linked organization in building an efficient “new community” to carry out B2B and O2O business of FMCG. It would carry out crowd-funding business leveraging the platform, make foreign investments, help the allies to be chiefs in “new tribes”, and share new economic bonus of the capital market. When talking about the future direction of investment, Chairman Wu Xiangdong said he was optimistic about the unmanned technology and VR technology in the speech. He believed that in the past it was value investing that mattered while in the future it would be trend investment.

After hearing the speech, the dealers expressed their willingness to join “Liquor Alliance” to seek common development. Mr. Chen, a dealer from Tianjin, said, “I am confident in the future prospects of “Liquor Alliance”. I see a broad mind in the refusal to confront with the upstream. For these reasons, I am motivated to join the alliance immediately and believe that I will be able to get through tough times by holding together with the allies!”