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, according to an announcement on MCEX website. 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.
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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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