Zhicheng Group, a prominent enterprise located in southern Yunnan, remains rtively unknown outside of the tea industry due to its specialized focus.


    Surprisingly, Zara Banks had never heard of Zhicheng Group either.


    However, Zara is known for her efficient and straightforward approach. While speaking on the phone, she grabbed a pen and paper from her desk and asked, “Alright, Mr. Wade, how can I assist you?”


    Charlie replied, “I would like you to leverage the Banks family name tomunicate with their executives. If they question why you, a respected youngdy from the Banks family, are interested in this teapany, you can mention that your grandfather enjoys their tea in Madagascar and that you’re considering a purchase. Generally speaking, maintain a tone of wealth and confidence.” “Understood!”


    Zara Banks agreed without any hesitation, saying, “Mr. Wade, please allow me ten minutes. I will familiarize myself with thepany’s background and prepare a preliminary acquisition n to discuss with you.”<h3 style="background-color:DodgerBlue">


    “Sounds good. I’ll await your update,” Charlie responded.


    After hanging up, Zara immediately began searching for details about Zhicheng Group on herputer. She took notes on the relevant information she found, thought for a moment, and then called Charlie back.


    Charlie answered, inquiring, “What insights do you have, Miss Banks?”


    Zara respectfully replied, “Mr. Wade, I’ve gathered an overview of their situation. Zhicheng Group is a private joint-stock enterprise, with its founder, Fadil, as the main shareholder. Initially, it started as a small sole proprietorship, but following the economic reforms of the 1980s, their tea business flourished, and they eventually became one of the top fivepanies in southern Yunnan.”


    “About ten years ago, Zhicheng Group underwent a shareholding reform with ns to list on the main board, but due to unstable profits and insufficient profit margins, they could notplete the process despite receiving guidance from the China Securities Regtory Commission.”


    “A few years back, they attempted to join the New Third Board, but due to low valuations, poor liquidity, and unmet financing goals, they ultimately withdrew.”


    “At one point, their market value peaked at just over a billion, but their financial performance during that period was disappointing. The declining tea market significantly impacted their profits, and variations in tea production directly affected their financial health.”


    “Additionally, there’s a leading enterprise in southern Yunnan’s tea industry, Juyi Group, which, despite sessfully going public, is currently struggling. Its market value, which was once rtively high, has now dropped below 2 billion as the market has cooled.”<fn5417> Readplete version only at find~novel</fn5417>


    “Regarding Zhicheng Group, while they do generate tens of millions in annual profits, this modest amount offers little potential in the capital market. It appears that Fadil has always aspired to go public to cash out, but his repeated failures have left that dream unattainable.”


    “In reality, he is left with only tens of millions each year, while his ambition to convert his business into a hundred-million-yuan cash-out through an IPO seems increasingly unlikely.”<h3 ss="wp-block-heading has-text-align-center" id="chapter-list"><strong></strong>