Founder of Qimaiche Technology Group. Tang Chao, a young man from Sichuan who was born in 1980s, became popular on the Internet. He went from a rural guy with nothing to a boss of a listed company with a scale of hundreds of millions. On August 29, 2022, he went bankrupt overnight with a debt of more than 70 million. He is the founder of Chimaiche Technology Group. The company has more than 65,438+00 automobile 4S shops and more than 50 auto repair shops, and its business covers Sichuan and Guangxi provinces. Because the dream was too big, the crazy expansion led to poor management and went bankrupt on August 29, 2022.