The Amazing Son in Law The Charismatic Charlie Wade novel Chapter 5691

Chapter 5691

Zhicheng Group is a well-known enterprise in southern Yunnan, However, because the industry it is engaged in is relatively vertical, It is not well-known outside the tea circle.

Zhiyu had never even heard of the name of Zhicheng Group.

But her style of doing things has always been capable and direct, without sloppy pause, she on the other end of the phone, while taking the pen and paper in front of the desk, said:

“Alright, Mr. Wade, I wonder how you need my cooperation?”

Charlie said: “I hope you use the name of the Su family to talk to their bosses.”

“If the other party is curious about why you, a dignified lady of the Su family and the owner of the Su family, are interested in such a tea company,”

“You can tell them, your grandfather likes to drink their tea very much in Madagascar,”

“So you plan to buy this company, generally speaking, you can just keep a rich and willful tone.”

“OK!”

Zhiyu agreed without hesitation, and said: “Mr. Wade, please give me ten minutes.”

“I will first get a general understanding of the basic situation of this company,”

“And then formulate a general acquisition plan to communicate with you.” Charlie said: “Okay, I will wait for your response.”

Zhiyu hung up the phone and immediately searched for some information about Zhicheng Group in front of the computer.

After recording some useful information she collected, she thought for a minute and then called Charlie back.

Charlie answered the phone and asked her: “How is the situation?”

Zhiyu said respectfully: “Mr. Wade, I just learned about their situation.”

“This company is a private joint-stock enterprise. The biggest boss is their founder, Zayden Lu.

At first, it was a small micro-enterprise with sole proprietorship, but after the economic opening up in the 1980s, their tea business had a great breakthrough,”

“And gradually developed into a famous brand in southern Yunnan and became one of the top five tea companies;”

“Zhicheng Group completed its shareholding reform ten years ago.

At that time, it planned to list on the main board IPO, but because of the lack of profit scale and unstable profits,”

“Although it accepted the IPO guidance from the China Securities Regulatory Commission, but the last kick in the door still failed, and it has not been able to complete the listing;”

“A few years ago, they gritted their teeth and joined the New Third Board, but because of the company’s low valuation, poor liquidity, and lower-thanexpected financing goals, they withdrew from the New Third Board;”

“The market value curve at the time of the third board was only a little over a billion at the peak, but their financial reports in those years were not satisfactory.”

“The decline in the tea market would affect their profits,”

“And the reduction in tea production or harvest will also affect them. Their profits and market value will naturally be affected; “

“Moreover, there is a local leading enterprise in southern Yunnan in their industry, Juyi Group.”

“This enterprise can be regarded as the top spot in this industry, but even for them, capital The operation has not been smooth.”

“Although the backdoor listing was successful, the market value was only relatively hot at the beginning.”

“Now that the market has cooled down, its market value has not even reached two billion, so the capital prospects of the tea industry are actually not very good;”

“Speaking of Zhicheng Group, although they can indeed make tens of millions of profits every year, there is still no room for imagination to put such a small amount of money in the capital market.”

“Since they have repeatedly hit the IPO, they have tried and failed repeatedly. Judging from their repeated attempts, their boss, Zayden Lu, should have always wanted to go public to cash out, but because of the hopelessness of going public, he has not been able to do so;”

“If the profit of tens of millions is really in his hands, it will be less than tens of millions a year.”