第一财经·2025-11-21 04:26Core Viewpoint - The article discusses the marriage of Gao Haichun, daughter of the founder of Trina Solar (天合光能), and Zhang Junjie, founder of Bawang Tea (霸王茶姬), highlighting their backgrounds and recent business developments [3][4]. Company Developments - Bawang Tea went public on NASDAQ on April 17, 2025, and reported a total GMV of 8.1031 billion yuan in Q2 2025, a year-on-year increase of 15.5% [5]. - The net revenue for Bawang Tea in Q2 2025 was 3.3319 billion yuan, reflecting a 10.2% year-on-year growth, with an adjusted net profit of 629.8 million yuan and an adjusted net profit margin of 18.9% [5]. - As of November 20, 2025, Bawang Tea had 7,038 global stores [5]. Market Performance - Trina Solar's stock price was reported at 18.41 yuan per share, with a total market capitalization of approximately 43.1 billion yuan, experiencing a 9% decline over two days [5]. - Bawang Tea's stock price closed at $13.07 per share on November 20, 2025, with a total market capitalization of about 2.399 billion USD, equivalent to approximately 17.095 billion yuan, reflecting an 8% drop [5]. - The combined market capitalization of both companies exceeds 60 billion yuan [5].