Zou Shiming and his wife were also taken for a ride in the crypto world.

According to public reports, Zou Shiming and his wife made blind expansions during their entrepreneurial journey, with decision-making going wrong one after another.
Over the course of 7 years, they registered more than 20 related companies in one go, and their business reach extended into multiple popular areas such as catering, film and television, esports, live streaming, and clothing retail. The influencer hot pot and milk tea shops led by Ran Yingying focused on marketing only and not on quality; their per-capita spending was far higher than that of their peers, and they quickly shut down.
Even more astonishingly, they also rashly got involved in P2P wealth management and cryptocurrency, suffering losses of more than 10 million in a single night. The failure of every project only accelerated the depletion of Zou Shiming’s hard-earned money.
By the end of 2023, the boxing gym officially closed and suspended operations. After 7 years of entrepreneurship, they had racked up total losses of nearly 200 million. The former boxing king who once had assets worth tens of millions has fallen into becoming a heavily indebted “debtor.”
Figure shows user @北京的晖子’s statistics