[MACAO – June 14, 2024] Two stores under the top Japanese Yakiniku cuisine brand ROUYakiniku (Brand Code: RYNK) successfully raised RMB 0.681 million by listing two Daily Revenue Obligations (DRO) with an average contract period of 17 months on MCEX. The subscribers to the DROs included market-oriented investors, investment institutions, and financial institutions, such as Panthera Fund and Oriental Patron Securities Limited.
ROUYakiniku, established in 2022, specializes in Japanese Yakiniku with a professional chef team led by a head chef with nearly 20 years of high-end yakiniku experience. The founder has expertise in Swiss hotel management and extensive domestic restaurant management experience. The business operates on a data-driven, self-operated model, targeting top-tier business districts like Jiangsu, Zhejiang, Shanghai, Shenzhen, and Beijing. Positioned as a mid-to-high-end brand, it caters to office workers and business professionals, focusing on business banquets and social gatherings.
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
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About Micro Connect
Founded in 2021, Micro Connect is a technology and exchange platform that connects global capital with small local businesses using a new proprietary asset class – Daily Revenue Obligations (DROs). Through its Micro Connect (Macao) Financial Assets Exchange (MCEX), the world’s first licensed exchange for daily-revenue-based financing, global investors have deployed over US$ 600 million to more than 12,000 micro and small businesses in the food & beverage, retail, services, and culture & sports industries across over 280 cities in Greater China.
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