#ChenZhiping скачать в хорошем качестве

#ChenZhiping

Chen Zhiping Vaping King of China Episode 2038 Lesson 1. He is very secretive. He does not grant interviews and there are few pictures of him. Second, in his 20s, he lost 2 million RMB in the coal business in Beijing. That was about $300K in US Dollars. Third, his company Smoore Technology produces many products. In fact, more than 100 products. Probably in the early days Smoore Technology was a subcontractor to Western countries. In many ways, Smoore Technology is still a subcontractor. Fourth, his business model is high tech and R&D intensive. That is, he hired hundreds of researchers and his company applied for more than 1000 patents, holding about 600 patents. Fifth, he is undoubtedly the Vaping King of China. His products are sold in more than 50 countries outside of China. Sixth, the stock price of Smoore Technology suffers a big price slumps. E.g. in 2021, he was listed by Forbes Magazine to have a net worth of almost $16 Billions. In October 2024, his net worth is now worth $3.1 Billion. Seven, one of the reason for stock price slump is the appearance of new competitors, they are the disposable eCigarettes. Finally, his business turns out to be too dependent on his major business partners. If his business partners fails to discover or fall behind in new products or market conditions, his business suffers too.