The 4th Anniversary of Bee+ -- We'll Tell You a Great Story

SHENZHEN,China,Sept. 24,2019 -- On September 10th,2019,the 4th Anniversary Celebration of Bee+ and the Premiere of Bee+ Film were formally held in Shenzhen. More than 100 Bee+ partners attended the celebration. Rob Jia,the founder and CEO of Bee+ Technology,delivered his annual speech at the ceremony. He reviewed the growth process of Bee+ over the past four years and expressed that he looked forward to the future development of Bee+.

That night,the Bee+ film "You See Because You Believe" was officially premiered. The film records Bee+ development history and explores the time before its founding. After the movie,the co-founders and senior partners of Bee+ shared their stories of working together with Bee+,and the members were full of expectations for future development.

Site of the 4th anniversary celebration for Bee+

Afterwards,Rob Jia delivered a speech entitled "Give Us another Four Years,We will Give You a Great Story". He mentioned that Bee+ had completed the Series B financing,the consecutive amount of financing exceeds RMB 200 million. In the past 4years,Bee+ has been highly recognized by the capital market. Bee+ never pursues the speed of expansion by the power of capital,but rather focuses in fine operation and solid products.

Bee+ was founded in September 2015. After four years of development,Bee+ has graduated from its first 15 m2 hostel office,has completed its establishment in Zhuhai,Guangzhou,Shenzhen,and Shanghai,and has become a well-known brand for office chains and space operator.

At the beginning of its founding,Bee+ took the lead in the industry in putting forward the idea of "Bring Life into Work" to build and operate a revolutionary joint office business sector. Based on its deep understanding and its capability to reconstruction space,today Bee+ is not limited to only running joint offices business,but has also derived a variety of forms of business and space product services in the role of being a space operator.

In 2019,Bee+ launched Bee+ enterprise customization for large and medium-sized enterprises,offering enterprises one-stop office customization solutions that ranged from site selection,design,and decoration to later operations. In the same year,Bee+ has launched the innovative consumption scenario - Bee+ Lifestyle,and built the largest super baking workshop in China,which is nearly 3,000 square meters and blends baking,drinks,markets,and other elements into an integrated whole.

After the mature market-oriented operation of various space products,concerning the future business layout,Rob Jia put forward a new point of view during the time prior to the 4th anniversary of Bee+. According to this new viewpoint,Bee+ will not create a joint office brand,but rather an office chain brand. The "office chain brand" proposal summarizes Bee+'s experience over the last four years in exploring and implementing office chains. It breaks the industry's limitations in the field of joint offices,realizes the extension of Bee+'s development ideas,and will build a solid foundation for Bee+ to deepen its brand layout and to achieve its aim of 100 years of success.

Bee+'s customized space products for large and medium-sized enterprises

Today,Bee+ has a contracted management area of 70,000 square meters. In the four years since its establishment,Bee+ has achieved an average annual growth rate of 600% to 1,000%. It is expected that the company's operating income will exceed 1 billion yuan in 2020. In particular,Bee+ enterprise customization for large and medium-sized enterprises has maintained high-speed growth,which has become a new strong driving force for Bee+'s performance growth. On June 12th,Bee+ completed the B2 and B3 rounds of financing. In the B-round stage,Bee+ was closely followed and highly recognized by the capital market,and received more than 100 million yuan in financing,as well as strategic credit support from the Bank of China,with a valuation of nearly 1 billion yuan.

After four years,1,460 days of continuous journeying,Bee+ has now united nearly 300 partners from its original ten co-founders. Its business income has increased from 0 to RMB 150 million estimated for this year. It established its first joint office space in Zhuhai,and expanded its layout in Guangzhou,Shanghai,and the forthcoming expansion in Beijing market.It has expanded from a single business sector to three business sectors:joint offices,Bee+ enterprise customization for large and medium-sized enterprises and new retail sector. It has crossed over from the first 8-hour (8 working hours) space product to the second 8-hour (8 living hours) space product. From its first business customer,Bee+ has expanded to serve nearly 1,000 enterprise customers,including many of the world's top 500 and world-class enterprises,and millions of retail customers.

The Ten co-founders of Bee+

Rob had shared during the ceremony,"At the beginning,we didn't know the purpose and significance of doing these things. We didn't have any intention,but simply believed in the power of dreams and change,and that we should do more things and try when we were young. Believe in the power of the impossible. Bee+ is set to be the best and most world-class lifestyle brand in China. This is the goal set during the 4th anniversary. Give us a few more years,and we will return with a great and significant story for you when we have our 10th anniversary."

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