Skip to content Skip to footer

Tibet Food & Beverage Brand Mecha Successfully Completes DRO Issuances

[MACAO – March 7, 2024] Mecha (Brand Code: XAKF), a food & beverage brand in western China, successfully raised RMB 3.102 million by listing three Daily Revenue Obligations (DROs) with a contract period of 2.5 years on MCEX. The subscribers to the three DROs included Panthera Fund, Cypress Hong Kong Limited Partnership Fund and other financial institutions.

Mecha is a popular coffee and dining bar in Tibet, China, offering a camping-style day café-night bar experience. According to MCEX data, by March 6, 2024, Mecha had raised RMB 1.5 million through the issuance of two DROs.

MCEX is dedicated to creating a market-driven, open-source exchange platform for the issuance and trading of DROs. Since launching its Market Accepted Protocol (MAP) on January 16, 2024, the platform has actively harnessed the strengths of intermediaries, brands, investors, and various market participants to support funding for micro and small businesses. Over the upcoming weeks, a variety of stores representing diverse brands will list their DROs on MCEX, further enriching a widely engaged DRO-focused investment and financing ecosystem.

For details of DROs, visit the MAP for more information: https://mt.microconnect.cc

 

Media Enquiries:                                     

Micro Connect

Media Contactmedia@microconnect.com

General Inquiriesinfo@microconnect.com

 

About Micro Connect

Micro Connect connects global capital with small businesses. Officially launched on August 3, 2023, Micro Connect Macao Financial Assets Exchange (MCEX) is a global exchange platform for the revenue-sharing asset class and represents Macao’s new endeavor to promote the development of innovative finance and Micro Connect’s mission to provide micro and small businesses with access to sustainable and affordable funding. As of the end of February 2024, more than 12,000 micro and small businesses had raised nearly RMB 4.3 billion from global investors through the platform.

For more information, please visit www.microconnect.com and follow on LinkedIn: Micro Connect | 滴灌通, and WeChat: 滴灌通Micro Connect.

 

Disclaimer:

Nothing contained in this article constitutes an offer or solicitation of offer, or an investment advice or recommendation to transact in any investment and should not be construed as such. The information provided in this article is not a substitute for investment advice, risk statements, suitability statements, investor education or similar content, neither should it be used as a basis for making investment decisions.

For the avoidance of doubt, this article does not involve advertising and promoting the purchase of or investment in any securities, futures contracts and derivatives, funds, equity, limited partnership, loans, trusts, foreign exchange or digital asset products to residents or enterprises of Mainland China, Macao SAR, Hong Kong SAR, or any other place.

Avenida Comercial de Macau, FIT Centre, 16th Andar A,J,K Macau

Inquiries: info@mcex.mo
Media: media@mcex.mo
Phone: +853 2883 2388
Micro Connect Group: https://microconnect.com/

Investors should note that investments in products on MCEX are subject to investment risks, including the possible loss of the principal amount invested.
MCEX is regulated by the Monetary Authority of Macao. Company Registration Number [SO97314]. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Services apply.

© 2023 MCEX. All rights reserved.