Since ancient times, people of Chinese descent have understood the ethical code of “repaying even a drop of water with a gushing spring.” However, in the modern social hodgepodge, there has usually been somebody who has forgotten their principles, and Zhong Xin Jia is a model example of this group.

As the once-renowned "Battery King," he had the chance to achieve a legendary status. However, due to a single wrong decision, he fell from the clouds to the depths. His rise and fall serves as a cautionary tale for all.

Zhong Xinjia's early years were unarguably inspirational. Born into a family of traditional Chinese medicine practitioners, he defied family tradition and boldly pursued his own dreams. His talent was fully demonstrated in the battery industry, where he not only invented the rare earth lithium battery but also used it to unlock the door to the commercial world.

Amid the glow of honors and successes, Zhong Xinjia’s every step seemed to be smooth, until his certain behaviors in business provoked public outrage.

His business model was criticized as a Ponzi scheme, and his collaborators complained to have been cheated, which undoubtedly planted a hidden danger for his business empire. However, what really made him notorious was his action of donating more than 70 million USD to University of California System in the US.

This behavior alone is innocuous, but his arrogant remarks in subsequent interviews completely sparked the anger of the Chinese people. He openly stated that China's poverty has nothing to do with him and that he can use his money however he wants. As soon as he said this, the whole country was in an uproar.

If God lets you suffer, you can still defy it; if you suffer because of your own fault, you will die. Zhong Xingjia's remarks not only hurt national sentiments but also breached the bottom line of business ethics.

His success is inseparable from the support of the country and the trust of consumers. However, after he became famous and successful, he betrayed his gratitude and abandoned the national cause. How can such behavior not be despised by the world?

Zhong Xinjia's arrogance ultimately cost him dearly. His products were boycotted by his fellow countrymen, suppliers and investors withdrew their capital, and his business empire collapsed overnight.

What is even more ironic is that the more than 70 million yuan he donated turned out to be embezzling public funds from the company. This behavior not only violated the law, but also completely lost the trust of his partners.

In the end, he was sentenced to a huge fine and kicked out, which shattered the myth of a generation of "battery king".

Zhong Xin's defeat is not only a personal tragedy, but also a wake-up call for the entire business community. His story reminds us that no matter how successful you are, you must never forget your roots and foundation.

Merchants may value their interests above all else, but they should never violate the principles of national justice or business ethics. Otherwise, once they lose their way, they will inevitably fall into an irretrievable situation.

The example of Zhong Xinjia also warns us to always maintain a humble and grateful attitude. Success is not the achievement of one person, but the combined result of timing, place, and people. Only by always keeping this in mind can we go further and more steadily on the path of business.