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The Chinese tycoon who once donated 70 million to the United States and clamored "I would like to" is now bankrupt

author:See the scenery of otters

In the sea of China's rich, Zhong Xinjia's name once shone brightly. This son of a family of Chinese medicine practitioners born in Guangdong in 1958 should have inherited his father's business and become a Chinese medicine practitioner. However, he embarked on a path full of innovation and twists and turns, eventually becoming a high-profile entrepreneur in the field of batteries. However, behind his success comes a series of controversial acts.

The Chinese tycoon who once donated 70 million to the United States and clamored "I would like to" is now bankrupt

Zhong Xinjia's early life seems to have nothing to do with batteries. He studied Chinese medicine and pharmacology under the influence of his father, but also had a strong interest in stage art design, showing a diverse talent. However, at the age of 17, he became a hit and invented a "three-in-one" television system, which became a turning point in his life.

In 1982, at the age of 24, Zhong Xinjia invented the maintenance-free lead-acid battery, which won him his first success. Since then, he has continued to develop and innovate to apply batteries in various fields. His hard work and innovative spirit have led to the rapid development of the company and gradually built his "battery empire".

The Chinese tycoon who once donated 70 million to the United States and clamored "I would like to" is now bankrupt

However, Zhong Xinjia's road to success has not been easy. His $70 million donation to the University of California in 2011 sparked widespread controversy. Many questioned his patriotism and loyalty, believing that he had forgotten his roots and where he had made his fortune. His donation is not only for generosity, but also as a gesture of goodwill to the United States, hoping to gain the trust and cooperation opportunities of American companies.

This series of actions has made many Singaporeans feel dissatisfied and disappointed. They believe that Zhong Xinjia chases fame and fortune, ignores the support of the motherland and the market, and shows an attitude of admiration and flattery. In the face of doubts, Zhong Xinjia did not retreat, but responded with a gesture of "I am willing", further arousing public dissatisfaction.

However, time flies, and everything has cause and effect. In 2021, Zhong Xinjia's battery empire finally collapsed, and his company went bankrupt and went bankrupt, owing huge debts. His past success and glory seem to have become an eye-catcher, and he has also been reduced from a high-profile "battery king" to a questionable clown.

The Chinese tycoon who once donated 70 million to the United States and clamored "I would like to" is now bankrupt

Zhong Xinjia's experience is a profound lesson. His success stemmed from the support of the market and the government, but he forgot his roots and mission. His controversial behavior cost him respect and trust, which ultimately led to his defeat. This story also reminds us that as successful people, in addition to pursuing interests, we should maintain our original intention and loyalty, and make due contributions to the motherland and society.

In this era full of opportunities and challenges, we can learn from Zhong Xinjia's experience, never forget our original intention, keep our mission in mind, and contribute to the prosperity and progress of society while realizing personal success and value.

The Chinese tycoon who once donated 70 million to the United States and clamored "I would like to" is now bankrupt

Zhong Xinjia's experience is a legend full of twists and turns, which is not only an individual's success and failure, but also a story of warning and reflection. From his experience, we can see that success is not something that is easy to achieve, let alone an isolated achievement. At the same time, we can also see that individual choices and actions are often inseparable from each other.

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