In the land of China, there are countless small but vibrant businesses, which are inconspicuous but can create amazing wealth. Selling tangerine peel, a seemingly ordinary business, has created a 78-year-old man with an annual income of more than 200 million yuan and a personal net worth of more than 1 billion yuan - Ou Baixian. His story shows us that even humble businesses can make a big splash.
In Jiangmen, Guangdong, there is a company called Ligong Co., Ltd., which has submitted a listing application on the Beijing Stock Exchange and is ready to raise 1500 million, of which 1200 million yuan will be used to build a new production base. The company's main business is the sale of tangerine peels. Tangerine peel, a unique ingredient in the Lingnan region, has gradually won the love of consumers across the country in recent years because of its wide application in the field of traditional Chinese medicine and unique taste.
The hit of the TV series "Hurricane" has made more people know about tangerine peel. This kind of food, which used to be mainly in Guangdong and Hong Kong, China, has gradually entered kitchens and teacups all over the country. Under the skillful hands of the chef, tangerine peel has become a delicacy on the table; In the teacup, tangerine peel is a good companion for people's health. The older the tangerine peel, the better the medicinal effect and taste, so the more valuable it is.
Ligong shares have seized this opportunity, not only listed on the first market, but now they are ready to be listed on the Beijing Stock Exchange. The company's market value has reached more than one billion, and all of this stems from that seemingly ordinary tangerine peel.
The change of young people's health concept has made the demand for tangerine peel more and more great. More and more young people are beginning to realize the medicinal effect and taste of tangerine peel, and choose to soak tangerine peel in water for health. This change not only promoted the expansion of the tangerine peel market, but also brought huge business opportunities to Ligong shares.
However, the success of Ligong shares is not accidental. The company has begun to grow steadily as early as 2020, with revenue and profit increasing year by year. This is due to the company's strict control of the quality of tangerine peel and keen insight into the market. The future of Ligong shares is full of infinite possibilities, and the potential of the tangerine peel market is being gradually released.
The story of the elder Au Pak Yin and the Li Palace shares he leads tell us that in this world, many humble businesses are actually very profitable. As long as you work hard and grasp the market opportunities, even a small piece of tangerine peel can create an amazing business legend.