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But he is also optimistic about the forthcoming changes brought about by technology advancement. He foresees a time soon when people will come to a general, worldwide realization that visual health matters, in the same way appreciation for dental health became so prevalent 20 years ago.

But Luckin said it plans to have 4,500 stores by the end of 2019, and will open a new store every four hours.

But as the company grew alarmed by heavy financial losses, management switched to a more market-oriented strategy, with a more efficient working mechanism, which led to a difference of opinions at the factory.

But ToJoy will steer clear of earlystage startup financing that is usually done by angel investors, series A investors or private equity firms. Instead, it will focus on proven local success stories to help replicate their success on a larger canvas or mass scale.

But he said the outbreak has affected his life the most. Now he cooks more and has stocked up on supplies for 10 days, as advised by the authorities. He also calls his family in Beijing more often.