As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken.

2025/06/2207:13:37 technology 1534

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

Many people are not unfamiliar with Gionee mobile . This brand that once became popular in the electronics market should have a bright future, but it went bankrupt due to the "big bet" of founder Liu Lirong .

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. How did Liu Lirong play a good hand of cards so badly? Is the secret of not losing for a long time in a casino really existing in the world?

Successful young president

Liu Lirong was a legend in the smartphone industry. He was born in 1972 in an ordinary family in Yiyang City, Hunan Province. He successfully graduated from Central South University in 1994.

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

Liu Lirong is active in thinking and unique in vision. He is a rare innovative talent. From 1997 to 2001, when he was young, he became the vice president of a group in Guangdong.

Inaugural experience in the electronics industry has enabled Liu Lirong to start his own business.

He ignored his family's opposition and gave up his stable job, chose to "quit his business naked", and decided to do a big deal to create a new product that "technology and life".

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

At the age of 30, Liu Lirong founded Gionee Communication Equipment Co., Ltd. in Shenzhen. He is the younger president. Many people commented on this: "The young man is terrifying. This guy may accelerate the progress of the technology era."

Liu Lirong is far-sighted. He believes that technological research and development is more important to the development of a product. He invested 100 million yuan in accelerating the research and development of core technology, which predicted the development prospects of mobile phone technology.

After Liu Lirong obtained the mobile phone production license, he began to put scientific and technological research and development into production. Due to advanced technology and preferential prices, Gionee mobile phones quickly occupied half of the mobile phone and became a dark horse that cannot be underestimated among domestic mobile phones.

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

Liu Lirong released the international concept of "technology and life" to the world in Barcelona, ​​Spain. Many foreign entrepreneurs couldn't help but liked it when they saw the young Liu Lirong: The concept is very novel and the future is bright.

The casino madman who fell into the abyss

I thought Liu Lirong would open a new height in his life in Barcelona, ​​and no one would have thought that his highlight moment would be submerged in Barcelona soon.

Liu Lirong's career was developing rapidly, but his "gambling" addiction became increasingly greater. From the initial trial to the later "gambling red eyes", Liu Lirong gradually fell into the gambling vortex and could not extricate himself.

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

From then on, there have been rumors within the company: "The chairman will absent from the meeting for gambling. If this continues, Gionee may be in danger."

rumors are not groundless. When facing the interview with reporters, he once admitted: "I am indeed keen on gambling, but I don't lose one hundred billion as the outside world says."

Although relatives and friends advised Liu Lirong: "Big gambling hurts your body, don't make the company unstable because of gambling."

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

Looking at the booming Gionee Company, Liu Lirong underestimated the impact of gambling on the company. He kept withdrawing funds from the company to satisfy his gambling mentality. didn't know that the company needs to transform and need funds, and the capital chain has begun to break.

Until Gionee's capital turnover was not available, after four-strike and eight-strike, Liu Lirong raised up 700 million US dollars. If the money was used for Gionee's capital turnover, he might be able to save Gionee, but he made a decision that stunned everyone.

He did not look for a turnaround with this life-saving fund, but went to the casino in Barcelona. As usual, he walked into the casino with bright lights and wine and betting voices, determined to "win a good hand in saving the company."

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

He underestimated the casino routine and soon lost almost all the company's life-saving money. Liu Lirong, who was increasingly nervous, almost looked different at the gambling table, and he was completely dissatisfied with the gentleness of the former president. He was like a gambler who lost the red eye.

In the continuous betting of , Liu Lirong completely lost his mind. until he interrupted Liu Lirong and said, "Mr. Liu, you have lost all."

This sentence was like a blow to wake up Liu Lirong who was immersed in gambling funds. Only then did he wake up from his debauchery. Looking at the bank card with zero balance, Liu Lirong realized that his company was about to end.

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

Without 700 million yuan in funding support, Gionee's capital chain was completely broken, and the news that Liu Lirong's equity was frozen was rumored, and Gionee's image was greatly damaged. Many people jokingly said, "The financial owners behind Feng Xiaogang will be penniless because of gambling."

thought-provoking "small gambling fun"

Although Liu Lirong denied that he lost tens of billions overnight, his deeds of gambling have been well known, and Gionee's market value has dropped rapidly.

Liu Lirong lost 700 million overnight and was the last straw that broke Gionee. The court ruled that Gionee went bankrupt. Faced with this result, many Gionee fans were shocked: "A good hand of cards is a waste of money."

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

After Gionee went bankrupt, Liu Lirong was borne by tens of billions of debts. Due to his inability to repay, he was restricted by the bank to various high consumption and became a member of the deadbeat list.

Nowadays, Liu Lirong faded out of everyone's sight and disappeared. Some people say that he went abroad and hid his identity; some people say that he changed his past and wanted to start over.

No matter what kind of life Liu Lirong has now, his glory and Gionee's glory fell like a flash in the electronics industry. We have to lament the harm of "gambling" and have to reflect on the falsehood of "small gambling".

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

As a top student at Central South University, Liu Lirong is not a brainless person. The reason why he is deeply trapped in the whirlpool of gambling is probably inseparable from his "betting good at gambling" personality.

This genius boy who likes Go since childhood has a high IQ. It is precisely because of his desire to control the overall situation that he "don't admit defeat". However, the casino is different from the workplace. The casino is destined to be a bottomless pit. Even if he has a heart for game, he cannot escape the casino routine.

Can the so-called "small gambling to enjoy love" really cultivate sentiment? In fact, it is not the case. It is like a pair of invisible hands, constantly luring gamblers into the casino, and this pleasure of "making money quickly and making more money" is extremely addictive and unable to extricate itself.

As a company boss, Liu Lirong knew the dangers of gambling. Why did he still take the company's life-saving money to Macau with his life-saving money and lose 700 million US dollars with one card at the critical moment when the company's capital chain was broken. - DayDayNews

summary

All gamblers start with "small gambling". After losing their original intention of "just a small gambling", they completely become slaves to the casino. There is no secret in the world that they are not losing.

On the other hand, people who have lost everything in the entertainment circle, corporate circle, elite circle, etc. due to gambling should have a bright future, but they have destroyed everything about themselves. For the endless examples of "regret gambling", those who want to gambling or are gambling should learn lessons and learn from them.

pictures are from the Internet. If there is any infringement, please contact us to delete it!

technology Category Latest News