The purpose and significance of Bayee’s existence is to continuously insight into customer needs and continue to create more customer value. Bayee’s pursuit is to create a better smart life experience for global consumers through perseverance and continuous efforts, and to become a global leader in smart product field.

Bayee’s business strategy is to focus on the construction of the main business channel, adhere to the business philosophy of“ Focused industry, Diversified Channels, Data-driven“，and continue to build and deepen Bayee’s business competition barriers. Build a comprehensive operation and service platform that takes customers demand as the traction, product management as core focus, supply chain integration as the potential energy, and data technology as the driven. Establish a financial investment with a certain percentage of profit every year, conduct continuous research on smart industry, business models, benchmarking enterprise and business management, establish and improve data-based strategic planning, decision-making mechanism, operation system and organizational operation mechanism, to support 10 billion target in the next 10 years to achieve sustainable development operations.

Bayee firmly believes that the organization is the core of enterprise development and growth. Organizational ability and organizational vitality are the core competitiveness of Bayee. Bayee adheres to the talent development concept of “ focusing on business training and learning from actual practice, supplemented by education and training courses”, and also adhere to the training course system development principle of “ everything comes from actual practice, then get back to actual practice after training”, ensure that the training courses will never be separated from the actual business scenarios of Bayee, and constantly transform the company’s business methodology into a sustainable and inheritable cultural wisdom and knowledge system. Establish an organization with leaning spirit, enhance employees’ clear awareness of their own abilities, inspire employees’ strong desire to tap their own potential, encourage all employees to challenge themselves constantly, get enough self-drive and learn from outstanding people within practice.

Bayee has established an allocation mechanism with its own characteristics include bonuses, dividends, virtual equity on-the-job and registered real shares etc., and launched and implemented all of these in 2018. Currently this allocation mechanism has covered Bayee management leaders and the core team members, and had been granted formal and compliant equity documents. Bayee believe that through the establishment of the allocation mechanism, the enthusiasm of the team members in the organization can be fully mobilized, the incentive and restraint of the company’s management leaders can be strengthened, effectively combine the benefit of the shareholders, the company, the organization and the employees, jointly pay attention to the company’s sustained, steady and rapid development and promote the realization of the company’s future strategic goals of sustainable development.