Six stores under the leading domestic night economy brand PLAY HOUSE (Brand Code: BZSY) successfully raised RMB 18.5 million by listing six Daily Revenue Obligations (DROs) with a contract period of three years on MCEX, according to an announcement on MCEX website. The subscribers to the DROs included Oriental Patron Securities Limited and other financial institutions.  

PLAY HOUSE Entertainment Group is dedicated to creating high-end clubs, restaurants, and KTVs, employing thousands of people across over ten branches and subsidiaries. After opening the first PLAY HOUSE club in Guiyang, the capital of Guizhou Province, in 2012, the company has since established brands such as PLAY HOUSE, HOUSE, Empty Bottle LIVE SHOW, and Happy LIVE SHOW, covering major provincial capitals and key economic cities in the Southwest, Southeast, and Central-Western regions. 

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.



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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 December 2023, more than 10,000 micro and small businesses had raised nearly RMB 4 billion from global investors through the platform.

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