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729 Employees' Salaries in Arrears! Lin Sheng Claims Responsibility for Zhong Xuegao's Poor Performance: Live Streaming Sweet Potatoes, Homemade Ice Cream

Xue Hua Tue, May 28 2024 07:47 PM EST

On May 28th, today, Lin Sheng, the founder of Zhong Xuegao, officially went live. During the live stream, he mentioned that Zhong Xuegao's operation in the past year hasn't been great, mainly due to his own responsibility.

Regarding the debts, Lin Sheng expressed, "Every day of delay makes me feel uncomfortable. I hope to repay the debts early."

In the live stream, Lin Sheng mentioned that many things are often taken for granted. However, when he really started promoting sweet potatoes, he became consciously aware of the various types within this category, realizing there are many intricacies involved.

"There are at least 1,809 subspecies of sweet potatoes, meaning we all thought there was only one type of sweet potato. But in the eyes of farmers and agronomists, sweet potatoes are a highly diverse species."

Lin Sheng also frankly stated, "People may say not to sell sweet potatoes at high prices. In reality, there are indeed expensive ones, but we dare not sell them for fear of criticism. In the future, we will gradually bring better sweet potatoes to everyone."

Furthermore, during this live stream, Lin Sheng also promoted his own Zhong Xuegao products, priced at 112 yuan for 12 pieces, originally priced at 180 yuan for 10 pieces.

"I must apologize that Zhong Xuegao's operation this year hasn't been good. The company's cash flow is very tight, and Zhong Xuegao products are in very low stock. We hope to alleviate the cash flow through live streaming, produce more Zhong Xuegao products, and avoid running out of stock. It is estimated that by the second or third live stream, Zhong Xuegao will be insufficient to sell, and it will take a full 20 days for a complete cycle." s_3c578ee83266457192e8528a086195ce.jpg Lin Sheng: Currently owes salaries to 729 employees, will gradually repay them after making money through live streaming.