Managing Director's Address to Shareholders
Sydney, May 26, 2016 AEST (ABN Newswire) - Good morning, dear shareholders of TTC.
Firstly, I would like to express on behalf of the Company our gratitude to the shareholders of TTC. Because of your trust and support, TTC, which originated from faraway China, has successfully listed on the Australian Securities Exchange, and became the world's first foot spa and therapeutic clinic business to become a listed company. Since the listing, the Company has performed outstandingly due to the collective effort of the Company's management team, staff and the Board of Directors, and has established a more comprehensive corporate governance system. This forms a firm foundation for the Company's future growth.
Since its establishment in 1998, the TTC Group strived to lead customers to greater health and wellbeing through Chinese traditional therapy methods. In the days to come, I will continue to work hard with every member of the Company, to promote the growth of the industry, to explore new business models, to introduce innovative products and services, to continue driving TTC's business forwards, so that our investors from all over the world can have a share in the steady financial returns brought about by the rapid development of the Chinese healthcare industry, and the growth of the Company. At the same time, the Company will continue to provide the assistance that our employees need to adapt to an urbanising society, so that they may have the opportunities to have a better and more dignified life in order to promote harmony and prosperity of society.
26 May 2016
About Traditional Therapy Clinics Ltd
Traditional Therapy Clinics Limited (ASX:TTC) is a franchisor and the owner of one of the largest chains (by number of clinics) of traditional therapeutic health and wellness clinics in China. It currently has 343 franchised clinics and 35 owned clinics in operation. It is a well established business with a strong growth profile, employing a repeatable and scalable business model.
TTC has a highly recognised and respected brand, having received the prestigious Chinese Well-Known Trademark designation from the State Administration for Industry and Commerce. It operates within a strongly regulated industry sector of significant scale, which offers opportunity for further growth.
TTC is an ASX listed company employing around 1,000 staff across 27 of the 33 administrative divisions in China. More information is available at https://www.ttc-ltd.com/