What's the difference between Tang Chao and Tang Chao?

Wu Zongxian divested from Sugar Dynasty and invested in Sugar Baby.

Wu Zongxian, an amazing variety king with many sideline businesses, officially withdrew from the "Sugar Dynasty" in March and invested in "Sugar Baby" as a new shareholder in May. Tang Chao is a famous dim sum and dessert restaurant. Wu Zongxian, who introduced it, is the first agent. This time, he kept a low profile and quit. His brokerage company said that high royalties and the inconsistency of shareholders' ideas are also the main reasons.

Three years ago, Wu Zongxian introduced "Tang Chao" in a high-profile way, and even took his personal photo as a sign of large-scale life. It is reported that at that time, he bought the management right of Taiwan Province Province with a royalty of 654.38 million US dollars, and opened a shop in the most crowded East District with friends. The decoration fee is also more than 20 million Taiwan dollars. Opening a shop really attracted a large number of people, and the betting funds were recovered one after another within six months. Even if a guest kicks out the restaurant and uses a fake China wood frog, it will not be affected.

However, at the end of last year, Wu Zongxian intended to invest in the second store in Tang Chao, but before it officially opened, it first withdrew its capital from Tang Chao. It is reported that apart from the issue of royalties, the most important thing is that Xiange and shareholders disagree. After the two parties reached an agreement, Xiange decided to quit, and the other party bought Wu's equity at a price of less than10 million yuan. Since March, the two sides have also officially confronted each other.

There is no "sugar dynasty", and Wu Zongxian invested in "sugar baby", which officially opened last month. However, some people accuse that the products sold are similar to those sold by the sugar dynasty. The clerk said that Sugar Baby is oriented to desserts. Sugar Baby also invited a chef from Hong Kong to cook diversified dishes such as soup and seafood. The content is different and the store name is different, so there is no need to bear huge royalties.