Reasons for the failure of Tanyutou: Tan Changan, the owner of Tanyutou, analyzed that he wanted to go public, and in many analysis articles, Tan Changan's gambling habit was the direct reason for the fall of Tanyutou. After Tanyutou's backdoor listing failed twice, Tanyutou began to prepare his own IPO. Tan Chang 'an thinks that it is this decision that directly affects the fate of Tan's fish head.
Tan Changan, the owner of Tan Yutou, recalled that he had signed a gambling agreement with a venture capital company in Hong Kong at that time: the venture capital invested 21 million dollars, and it took Tan Yutou three years to achieve the profit target and put the company on the market. Tan Chang 'an said that according to the scale of 21 million US dollars, preparations, renovations, and opening stores have been intensively started, and even some other hot pot companies have made equity investments.
But according to Tan Changan, the promised $21 million has been spent, but the VC's money only came in the previous $5 million. And this $15 million hole directly caused the tension of the subsequent capital chain.
In p>2113, another news made Tan Changan's financial problems worse. At that time, the Sichuan media released a message saying that a small loan company brought Tan Yutou Investment Company and Tan Changan to court, demanding that they immediately repay the loan principal of RMB 15 million and interest of RMB 2.2 million.
The news of the size of tofu blocks further reduced Tan Changan's reputation in the bank and made it more difficult to borrow money. As for the 15 million yuan owed to the small loan company, Tan Changan said that this is the loan for his younger brother and the guarantee he made. My brother didn't pay back the money, so he was also taken to court.
Even so, Tan Changan said that there is still a loan line of 51 million yuan in Hangzhou Bank. However, counting the high loan interest, it is difficult for him to meet the profit requirements in the gambling agreement, and he will also face high gambling compensation.
Extended information:
Related introduction of Tanyutou:
Tanyutou relies on a complete chain operation system, integrates the upstream and downstream advantages of existing industries, and realizes diversified development in related fields. A modern enterprise with capital operation as the link and chain operation as the model. At the same time, the company is gradually deepening the operation of brand capital, and actively preparing for listing in line with the international chain operation strategy to maximize enterprise value and brand value.
Tanyutou planned to go public with the shell plan of Vio Group a few months ago, but it was snatched away by China Uranium Industry Development Company, which made the listing plan fail again. The chairmen of Qichafang and Wuling Shanzhen both said that they don't want to be pushed to the road of blind expansion by people who play catering, and refused all investments aimed at earning equity premium.
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