Yong Bai Chao New Retail Corp (YBCN)

[DoubleDouble]

I expect Yongbaichao Winery to rival wuliangye and Yongbaichao New Retail to surpass them in time. The question that I have is, how long? If they use an IPO to fund a distillery expansion then I think a double digit stock price within one year is viable if not very likely.

Wuli is at $30, so how long before our Wuxi can beat them?


*Wuxi means five elements, as in five elements sauce wine