This evaluation is how much Bobo Milk Tea is worth!
Tong Zelan looked at the overall financials of Bobo Milk Tea, especially after the success of the national franchisee conference in July.
An assessment of three billion for Bobo isn't actually a big problem.
The profit from the more than one hundred direct stores has always been quite good, and now there are over six hundred franchisees as well.
After comprehensive evaluation, it's about three billion.
The assessment given by the securities company, including two executives, was 1.5 billion.
Tong Zelan wasn't too satisfied; she was sure that after July she would negotiate the price to around 2.5 billion.
Once she reached a price of 2.5 billion,
that meant the 60% equity stake would be equivalent to 1.5 billion in IPO financing.
After they secured this money, the remaining stock issue would be up to the two securities companies.
In other words,
the two securities firms would use 1.5 billion to buy the 60% stake from them.