Liu Qiang Dong: Technology leads, the right way to success

Today is the thirteenth birthday of Jingdong. This is a youthful and youthful age. It is because of the diligence, hard work, and passion of your young people that the company is alive. Special thanks go to our nearly 100,000 first-line brothers. Your swaying sweat has already turned into a driving force for the company. If I want to make a birthday wish today, I hope that every brother can be healthy, healthy and happy and spend more time with the company.

I believe that everyone can feel the enthusiasm of this year's 618, from online to offline, from the city to the village, from the brand to the consumer, 618 from Jingdong's birthday evolved into a national holiday. Each of us is in the middle of it, participating in promoting China's economic advancement, and continuously creating value for the rise of the brand and the upgrading of consumption! This is the result of our 13 years of advancement and the necessity for the Internet to transform the traditional economy. At the inflection point of the transformation of China's retail industry, there is no time better than it is today to outline the future, to examine the troubles of growth, and to think about the role of the industry and society. Taking this opportunity, I would like to share with you my thoughts:

1. Jingdong's future positioning as a retail infrastructure service provider in China

For thirteen years, the nature of retailing has never changed—it's still cost, efficiency, user experience! But as technology advances and consumption escalates, the ways to create value and realize value will change. China is on the eve of the fourth retail revolution. Intelligent technology will drive continuous optimization of capital, goods, and information flow in the entire retail system. It will increase efficiency and reduce costs at the supply end, achieving “than you understand you” and “wherever you are” on the demand side. Think of the "What You See Is What You Get" experience upgrade. Jingdong's positioning in the future of retail infrastructure services will provide the whole society with "Retail as a Service (RaaS)" solutions. On the one hand, we will deepen our efforts in retailing and consolidate and stimulate retail infrastructure in the process. On the other hand, we will establish an open platform to share our infrastructure capabilities with the whole society. Today, the functional services that serve the Jingdong system will gradually become modular and market-oriented, and will move from integration to opening up. At the same time, the combination of modules will be as flexible as the building blocks and meet the needs of partners for differentiation. We will continue to work with the entire industry to promote the upgrade of costs, efficiency, and experience, and jointly build a future retail ecosystem.

2. The future of JD

Some people say that the past year was the best time for JD.com - the group achieved full profitability, rapid business growth, continuous breakthroughs in artificial intelligence and robotics technology, and continued growth in team cohesion and morale. However, many businesses in history have lost their fear, lost their awe, lost their faith, and laid the ground for failure. In the period of transformation and transformation of the macro environment, looking inward, we must always be vigilant against the growth and spread of disease in large enterprises. We must inherit the tradition that Jingdong has always been struggling and working hard and the customer first. We must not be arrogant and inflated to the consumer, Partners and the community maintain a sense of respect and humility; when we look outward, we must have an open and transparent mindset and pattern, follow the path of successful development concepts, seek common ground with the upstream and downstream partners in the industry chain, and drive the industry to achieve Inclusive growth, and everyone achieve a win-win situation, symbiosis, coexistence. By lowering costs and optimizing efficiency, consumers and partners benefit. To sum up is nine words: never humility! Do not be evil! Seeking a win-win situation!

3, the future of JD needs to be pioneered and innovative under the guidance of technology

In the past, we dared to dare to do it, implement it efficiently, and repeatedly break the stereotypes in details, processes, and strategies. Reshape the industry service standards and revolutionize the consumer experience. But today we have been able to strongly feel the turbulence brought about by technology: photography can be used for product search and shopping applications, immersive shopping experience for AR, VR, automatic unpaid bills, face payment for unmanned supermarkets, and automatic order placement Order smart food refrigerators ... Everyone is in the same place to explore new standards for future retail. Artificial intelligence and robotics will once again set off a new industrial revolution. Before, we spent a long time letting everyone agree that we are a very successful retail company, but I have no doubt that using the same or even shorter time will certainly make Everyone also agrees that Jingdong is a very successful technology company, because innovation has always been the precious quality and motivation of Jingdong people. The company will also seek significant changes in terms of cultural reshaping, organizational structure, and incentives, and will innovate to embrace tolerance, trial and error, and ensure the full transition of technology transformation!

"Technology leads, success is the right way" This is the theme of our 618 this year, and it is the strategy that Jingdong will adhere to for a long time in the future. Looking at today, opportunities and challenges coexist. At this time, we need to look beyond our hearts and minds to zero. We must face our new challenges with our awe and the spirit of hard work! We believe that we will succeed! Finally, let us together again. Happy birthday!

Incremental linear encoders

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