What is Li Yapeng persistently fighting for after repeated failures?
100 million to make wine, 500 million to make tea, 800 million to make electric vehicles, and an investment of 3.5 billion to build a villa community in Lijiang, which has already been left unfinished and turned into a ghost town, with grass growing taller than people.
Li Yapeng has suffered a complete defeat this time: spending a heavy 2.8 million in Yunnan to acquire the century-old Jun Changhao Tea King. This lump of tea weighs 80 kilograms, and local merchants claim it has been stored for over 20 years. After acquiring it, Li Yapeng returned to Beijing. To his surprise, after starting a live broadcast, no one showed any interest, and many business owners expressed disinterest. In fact, if Li Yapeng were to align himself with the wealthy Chen Lihua, he might have a turnaround. Chen Lihua's young man, Chi Chongrui, is already 71 years old; perhaps Li Yapeng could outshine Chi Chongrui?
Only by following me to do business will there be a chance