Because Tao Bihua once said before, what we do when we don't go public is only an entity enterprise, and every penny is earned by our own products, and we don't do activities that make money by going public. Laodopted mother is not short of money, at least it is no problem to maintain the normal operation of the enterprise, so she has never chosen to go public. In fact, many enterprises have not chosen to go public, but there is a very important reason that they are not short of money and do not need money so urgently to expand the market.
Laoganma's market share was not bad before, but a while ago or in the last six months to a year, many people reported that their peppers had changed in taste and tasted bad. The hot sauce used to be fragrant and crisp, but now it is more like some pepper seeds and has no taste, so his taste has changed greatly, even though the market share has dropped rapidly recently.
The rise and fall of a brand is closely related to its core things. If there is a problem with working capital, something can be done, but if the market reputation is bad and customers don't recognize it, the brand will soon die. Now Laoganma is facing a very serious brand crisis because her products have changed. Although they insist that they have not made corresponding adjustments, it is very clear whether they have adjusted the people's eyes, and the taste of everyone is different from before.