I think for the Maotai Group is indeed able to succeed, because the Maotai Group currently has the financial strength is very strong, and has a lot of resources, the hospital does not need too much investment.
The Moutai Group has already announced the construction of a hospital, and I think the Moutai Group does have a very big advantage in this regard. Moutai Group has always been in the food industry, which is kind of a bigger challenge for Moutai Group's future development.
I. Moutai Group's capital reserve is very huge.I think one of the biggest advantages of Moutai Group lies in the relatively strong capital reserves, the current market is actually not too good investment channels, if you can invest this money in hospitals, both the funds can get additional returns, but also in the future to obtain the right to speak in other areas.
Two, building a hospital doesn't require much investment.In fact, the construction of hospitals does not require much investment, but in the medical research is the need for a very large investment, the route taken by the Maotai Group is in fact the construction of infrastructure, and will not carry out a large number of investment, which for the Maotai Group is also considered to be a relatively light assets of a model.
third, this is a challenge for Maotai.Moutai Group this investment will also be regarded as cross-industry venture, because Maotai Group has never been involved in related industries before, and Maotai Group does not have any experience in this area, must absorb more talent. The difficulty of this challenge is actually still relatively large, the construction aspect is not too much of a problem, but the details of the various aspects involved are still relatively large.
I think this is a very important transition for the Moutai Group, and if the Group can be successful from this transition process, then in the process of future development, can continue to expand into other areas, so that the Moutai Group in the market to obtain greater influence.