He had stayed in Magic City for seven days.
After Chen Pingsheng returned, he obtained 450 million in financing for Fei Yangyang.
After securing this sum of money, he immediately called Gao Hu and asked him to return to Capital City.
The next step for Fei Yangyang was to aggressively expand. 450 million wasn't a lot, but it wasn't a small amount either.
If it were all used to open direct stores, they could open approximately three hundred.
All would be prime locations in tier-one cities.
Fei Yangyang still followed the affordable and popular route, drawing a large target audience with many customers.
Of course, with low prices came low-profit margins.
After this expansion, Fei Yangyang's annual profit could potentially increase to around two billion.
Using the twelve-time price-to-earnings ratio from Xiangjiang, its valuation would be between 25 and 30 billion.
This was perfectly in line with the valuation of round D.