Antler Coffee invested another 500 million to establish directly operated stores.
This news was significant, mainly targeting the beverage market.
For this store opening, they abruptly abandoned the traditional coffee shop model.
Instead, they went straight into office buildings, focusing on delivery services.
It could be said that this was a disruptive innovation within the industry.
Mainly, it was an innovation in terms of cost.
After Tengying Entertainment's stock price dropped by twenty billion, Fei Yangyang also fell out of the fifty billion bracket.
Compared to its initial public offering price, it had dropped a full 40%.
The decrease was nearly half.
Chen Pingsheng remained indifferent as March ended.
It also meant that it was time for listed companies to release their first-quarter financial reports.
In the first quarter, Tengying Entertainment released a movie, Detective Tang One, followed by three TV dramas that completed market cash-outs.
