The company received more than 260 bookings from overseas visitors last year, and Keenlyside plans to expand her business further by establishing an office in Japan.
The company opened 480 net new stores in the fourth quarter, yielding a 4-percent year-over-year unit growth, ending the period with 32,660 stores globally, of which 51 percent were company-operated and the other 49 percent were licensed, said the report.
The company will also further involve itself in China's hydrogen projects, after it unveiled its first commercial hydrogen project in China in November, which includes a 20-megawatt electrolyser that will produce environmentally friendly hydrogen from renewable power.
The company owes these achievements to its innovation breakthroughs. Its guidelines in response to the nation's "Made in China 2025" Initiative reduced its launch cycle and product cycle by 30 percent and 40 percent respectively, while raising its launch success rate to 95.6 percent, which is in line with the international standard. Moreover, the costs were lowered by around 20 percent.
The company will focus on expanding layout in first-tier and new first-tier cities, improving business coverage in core districts and lifting overall business volume in the second half of 2018, Wang said. "MyDreamPlus has seen rapid growth in the first half of 2018," he said. "We received a contract area of 150,000 square meters in May 2018, equal to three times the company's total operating area before 2018."
The company, one of largest pharmaceutical exporters in China, has established local offices in the US and UK for product registration and marketing, and its pharmaceutical preparations have achieved remarkable success in developed markets such as the US, Europe, New Zealand and Australia.
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The company regards such investment as a "milestone" in its Chinese market.
The company will also diversify its overseas LNG sources in addition to the current one in Australia to further ensure supply.
The company said its users are primarily children aged between 3 and 8, with parents who seek quality childhood educational resources for their children. And those parents are generally the more tech-savvy younger generation born in the 1980s and 1990s.
The company now has over 80 workers who earn about 5,000 yuan each month, Zhao said.