On May 20, 2021, Alibaba Master Group's two major business units—Yikuma (China) Marketing Center and Giovanni (China) Marketing Center—relocated to Ronggui, Shunde, promoting the brand as the "Hometown of China's Eco-friendly Coatings—Shunde." The fiercer the competition, the more the group was motivated to keep moving forward, stand out in the broader environment, and establish a solid foothold. Thus, the two divisions entered a new era of marketing, rapidly conquering the Chinese coatings market. In 2019, Alibaba Master Group decided to make the waterproofing business the focus of its future development, shifting from residential building waterproofing to building repair and leak repair. After two years of development, Alibaba Master Group established a new waterproofing and leak repair operation center in Shunde, fully expanding into the domestic building repair and leak repair market. June 19 happened to be the first month after Alibaba Master Group's relocation, and also the mobilization meeting for the Alibaba Master Waterproof Coatings Division. Group CEO Xiang Xinghao, General Manager Xiang Xinghao, Deputy General Manager Wang Daxian, General Manager Wang, Director Yu Chaojun of the Waterproof Coatings Division, and all members of the division attended the event. At the meeting, General Manager Wang took the stage to speak. He stated that the future waterproof coatings market will be a huge red ocean <

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