In the apparel industry, he was one of the top players in the East China Region. More than two hundred surrounding contract manufacturers relied on Meiters to make a living. But in front of Chen Yansen, he couldn't put on any airs at all.
Three years ago, when he first heard the name Chen Yansen, the man was just the owner of a small shopping-guide e-commerce website. Now, he was the richest man in Hua Country and the world.
What's more, Pinbei was on the verge of going public, with a projected market cap of a staggering 88 billion US Dollars based on its offering price.
But him?
He'd been doing worse and worse over the past two years. This year, his revenue was just over 7 billion, with profits of less than 400 million.
He was no match for Chen Yansen in terms of net worth or industry status.
