In 1978, Peng Jinxi, a 20-year-old native of Xingcheng, Liaoning Province, was reported by his rival Qin Sheng for "opportunist" and imprisoned, losin[Expand All]
< p> In 1978, Peng Jinxi, a 20-year-old native of Xingcheng, Liaoning Province, was reported by his rival Qin Sheng for "opportunist" and imprisoned, losing his eligibility to go to university. After being released from prison, Peng Jinxi started a business selling swimming trunks on his own. His girlfriend Luo Hong stayed by his side and they overcame numerous difficulties to get married. Peng Jinxi became the first "ten-thousand-yuan household" in the local area. In the early 1980s, when policies were relaxed, distant relatives like Jia Weimin followed Peng Jinxi's lead by setting up workshops to produce swimwear and engaging in a price war with him. Peng Jinxi and his wife responded promptly, not only consolidating the local market but also uniting their peers. Peng Jinxi led the way for "Xingcheng swimwear" to spread across the country. In the 1990s, Peng Jinxi was caught in the double trap of Qin Sheng's revenge and market rectification, falling into a low point. However, he remained optimistic and, relying on his extraordinary wisdom, found a breakthrough after several ups and downs, established a regular factory and his own brand, and successfully broke through. Afterwards, Peng Jinxi and his wife led "Xingcheng Swimwear" to ride the waves and become the world's largest swimwear production base. One out of every four swimwear pieces in the world is produced by people from Xingcheng. < /p>[Collapse]
