Of course, if there is benefit, there will be severe losses. The most violent reaction is naturally the various auto companies in China. The direct consequence of Shang·Tang’s hot sales is domestic The market for traditional car companies began to collapse.

Shang Tang’s sales are based on the corpses of traditional gasoline cars. In 2001, the total sales of gasoline cars actually fell by 20% compared to 2000. This is in China, where car sales are growing every year. It is extremely unbelievable that all people in the automobile industry feel a sense of destruction.

So, in early 2002, these car companies gathered in Shanghai to start an emergency meeting at the China Automotive Industry Development Forum!


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