Chapter 711: On the Strategy of Medicinal Cuisine_2

The so-called 'lack of culture' is not about being uneducated, but rather, not understanding economics.

Like all self-made entrepreneurs, Suming's previous success stemmed from personal effort and talent. However, as the business grew to a certain stage, these rudimentary capabilities were no longer sufficient to meet development demands, and more specialized knowledge was required for adequate preparation.

From an economic standpoint, Suming's ideas were actually quite naive.

Firstly, the larger the group's assets, the higher the market value after going public—theoretically, this is correct, but there's a caveat: the business sectors of the listed group must be in the same field.

For example, a real estate company going public might include property development, rental leasing, CBD commercial districts, and the construction of cultural tourism zones. All these are based on the foundation of real estate, with each additional relevant industry bolstering the entire group.