From "Rare Earth King" to "Debt-ridden," the Cautionary Tale of the Jiang Family's Lost Fortune
From "Rare Earth King" to "Debt-ridden," the Cautionary Tale of the Jiang Family's Lost FortuneThe story of the Jiang family, where the son indulged in luxury cars and the father in gambling, leading to the dissipation of over 100 billion yuan in family assets, is not a fictional drama, but a real event that happened to the founder of "China Rare Earth Group," Jiang Quanzhong, and his son.Jiang Quanzhong wasn't born into wealth...
From a Small Refrigerator Factory in Qingdao to a Fortune 500 Company: Haier Smart Home's "User-Oriented" Global Journey
From a Small Refrigerator Factory in Qingdao to a Fortune 500 Company: Haier Smart Home's "User-Oriented" Global JourneyHaier Smart Home, a company originating from Qingdao, China, has risen from a small refrigerator factory to a Fortune 500 company, climbing 12 positions on the list this year, driven by its unwavering "user-oriented" philosophy. Haier Smart Home's success lies not only in its strong revenue and profits but also in its profound understanding of user needs and its keen insight into the global market...
Musk's fortune shrank overnight by over 100 billion yuan
Global Network Technology Comprehensive ReportOn the evening of October 19th Beijing time, when the US stock market opened, Tesla's stock price suffered a sharp drop, with a drop of 9% during the session. Its CEO, Elon Musk, lost about $16 billion (approximately 117 billion yuan) overnight...