Over the past 4 years, we have been hosting “InnoBrand Competition”annually for young fashion entrepreneurs to help them showcase their brand and project to a group leading venture capitalists. Of the total of 366 startups which have participated InnoBrand, over 30% have successfully secured venture financing before or after the event. Also, the event provide valuable media exposure and connection with commercial resources to the startups. From 2019 June onwards, we will open two accelerator hubs in Beijing and Shanghai, hosting regular roadshows for startups and provide business guidances、financial and business resources to help them accelerate the growth. We also welcome established companies to join the program, where they will interact with promising startups founders, share best practices and exchange business resources.