Startup Commentary

The “golden decade” of China’s pet economy has just begun. To move from “nurturing listed companies” to “nurturing national brands,” enterprises need to shift from “making quick money” to “making long – term efforts” and from “meeting demands” to “leading demands.” Only in this way can they truly build a Chinese – owned pet – industry ecosystem in the blue ocean of the emotional economy.

Tencent Music’s transformation is a typical case of “deep cultivation of user value” in the stock market. Its successful experiences and potential risks provide valuable references for entrepreneurs. In the era of fading traffic dividends, “making each user contribute more value” tests the operation ability of enterprises more than “acquiring more users.”

RED’s “Pain Island” is not only a successful offline event but also a crucial verification of its “interest community” strategy. For entrepreneurs, the opportunity in the interest field lies in the depth of “emotional connection” rather than the breadth of “user scale.”

The rise of “Painful Gold” is a positive attempt by the traditional gold jewelry industry to embrace youthfulness and diversification. However, its development needs to address issues such as the rationality of high premiums, the sustainability of popularity, and the matching of user needs.

The implementation of the new social insurance regulations is essentially a game between “short – term pain” and “long – term benefits”. For entrepreneurs, only by actively embracing compliance, optimizing models and striving for support can they achieve their own sustainable development while protecting the rights and interests of workers.

Growth has never disappeared; it has just changed its form. In this era of increasing uncertainty, true growth is no longer a linear path of “climbing upwards”, but a dynamic balance between “exploring inwardly” and “connecting outwardly”.

The demise of the conference economy is not the end but the starting point for the business society to transform into a more efficient, flexible, and human – oriented form. Entrepreneurs need to view this change from a “dynamic perspective”, dig out value in cost control, and adhere to the core in model transformation to gain an advantage in the new business ecosystem.