As this is my first time attending the annual meeting, I would like to share my summary of the annual meeting:

At this annual meeting, I was completely shocked by Melaleuca’s product strength and business strength. , I want to use rational data to express it. The more surprised you are, the more you should analyze the data calmly:

1) There were 11,000 people inside the conference, and a conservative estimate of 20,00 people outside. The venue was Xiamen Jin Brick Conference venue, few cities can have such a large venue to accommodate so many people;

2) In 2017, global sales reached a cumulative US$2 billion, which was achieved in just 14 months 500 million.

The previous time was to reach the first 500 million in 19 years, then the second in 8 years, and then the third in 5 years... Can you predict the time for the next 500 million?

3) As of 2017, there were 950,00 members in mainland China. In 2015, there were only 450,00 members. However, China has a population of 1.3 billion. Can the outbreak speed in China be predicted?

4) Melaleuca is the only company in the world that cooperates with consumers. As of 2017, it has issued a total of 5 billion yuan in dividends to consumers. However, no matter how high the dividend you get, every You can only spend 340-1500 yuan here per month. You can think about the safety of starting a business and the return on investment!

5) In the past 30 years, Melaleuca has had no one to top PD. Until Shichen, the value of PD is equivalent to the value of a multinational company. This is not the most powerful. The most powerful is ED of 50 and 100. SD, this is still the data of the Baby team I am in. If they are all excellent talents, there is nothing to say, but there are many little people in it who change their destiny, such as Sister Lu who cleans the rental house, ordinary migrant workers, ordinary mothers, etc.

6) The leading ability to support such results, nearly 400 products, the quality far surpasses the R&D strength of competitors, a system built with 160 million US dollars, and a unique CDM business model, 95 % repurchase rate, unique customer retention system, 88.83% pure customer base, fully automated warehouse system, daily delivery capacity of 80,700 packages, 2 express packages per second, warehouse in the distribution center in 2017 The area increased by 10,000 square meters, the Fengxian factory increased its production capacity, and the main structure of the Nantong factory was completed to support food production. The total investment was US$100 million, all in cash, with no loans or liabilities. In 2017, the official website received nearly 55 million visits, and nearly 15 people visited it every day. Ten thousand people visited; 205 Taobao stores have been closed, and the environment is more conducive to operators; 23 lifestyle stores, 3 more lifestyle stores will be opened this year, and more lifestyle stores will be opened in the future... We are not responsible for any of these operations, nor do we have to Responsible for the operating results, as long as we introduce your connections, time, energy and efforts, you can become the boss, share profits, dividends, and shares with giants...

Many people said before that Melaleuca is perfect I still dare not say that I fully understand the business model, but this time in the Xiamen venue with thousands of people, I saw such company development data one after another, and I felt only lucky!