Chapter 302 Tengying Town

End of March.

Snacks Dash finally completed its IPO in Xiangjiang.

The reason it could be done so quickly was mainly that he personally made some concessions.

The valuation of Snacks Dash was pulled down to 12 billion.

There were more than 1800 direct-operated stores and over 8000 franchise stores, with a total investment of over 2 billion.

In total, he had received 1.5 billion in financing.

A valuation of 12 billion meant that the return on investment was increased by 3.5 times.

Chen Pingsheng personally still owned 42% of Snacks Dash shares, diluted to sixty percent.

That's roughly 25%.

Based on a 12 billion valuation, that's a direct return of 3 billion.

All previous investments aside.

"Ding, congratulations Host, you have earned 1.2 billion today, would you like to activate the random increase option?"

"Activate."

This was probably the main reason why he insisted on pushing his subsidiaries to go public.