Ali Zhang Yong's annual shareholders' letter: firm confidence, active response, and doing yourself well

On July 26, Alibaba Group issued a 2022 annual report. In the annual letter of shareholders, Zhang Yong, chairman and chief executive officer of Alibaba Group, systematically elaborated on the face of external changes and uncertainty, Alibaba's thinking about the future. Zhang Yong said: "In the past year, in the international and domestic situation, we faced a lot of" questions of the era "together. The basic principle of our response is' firm confidence, positive response, and doing ourselves well '. "

In the letter, this 12 words have been explained in detail- "firm confidence in China's economic development, confidence in the future of the digital economy, and the confidence of people's unchanged pursuit of a better life. As long as these general trends are clear and firm, Ali will be With the foundation of existence and development, it can make its own contribution to social development. At the same time, Ali must actively adapt to the changes in the environment, jump out of Ali's perspective, stand on the perspective of social development, treat Ali Find Ali's development path in the general trend of social development and economy. "

"In the past year, a series of changes made by Ali in organization and culture will become a new start of future development." Zhang Yong wrote in the letter, "We must change faster than this era, we must be more resolute Adjust and improve ourselves, and turn consensus into action faster. Although these change effects need to be manifested longer, we believe that we are entering a correct road. "

In the fiscal year, Ali proposed to guide the business philosophy of the next time- "capacity building, value creation". Zhang Yong believes that long -termism that cannot form ability precipitation is nihilism, and business that cannot create value will not develop healthy and sustainable.

On the same day, Alibaba Group issued an announcement at the same time: The board of directors has authorized the Group's management to submit an application to the Hong Kong Joint Exchange, which will add Hong Kong as the main place to listed. After the Hong Kong Stock Exchange completed the audit process, Alibaba will double the main listing on the main board of the Hong Kong Stock Exchange and the New York Stock Exchange.

"The more in the era of uncertainty, the more active seeking real valuable changes." Zhang Yong finally said at the end of the shareholders' letter that Ali's past is closely related to the development of Chinese society. Economic growth and social development are high. It is hoped that more innovation and creation will be born in Ali to serve society.

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