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"For liquid pads, we saw sales revenue expand twofold a year after the product was launched in China. We plan to increase the marketing and sales of liquid and organic cotton pads in smaller Chinese cities and rural areas as we have seen huge demand there," Yang said.

"From the perspective of the horticulture industry development worldwide, Chinese people's spending on gardening is still low," he said, adding that most of them think of floriculture as being used in a celebration of special events, such as festivals and birthdays.

"For example, they will be barred as suppliers in government procurement, their allowance from governments will be suspended or canceled and related departments will impose restrictive measures when they apply for stock issuance, bank loans or other things," he said.

"From this year, we have been exploring going global as we set up our first overseas office in South Korea," Chen said.

"From market structure reforms to the introduction of this new listing venue — the progress demonstrates the growing ambition of the emerging technology companies and exciting opportunities for the investment community," he wrote.