All these expenses and nothing gain to show for it raise my suspicion.
seems like Jiameng father is a gambling addict, who reside in macau.
Looking at the amount of personal debt they owe.. whatever profit XPD made, have already been burn on the Baccarat table.
Jiameng keeps bailing out his old man. (Most probably with XPD shareholders money)
China athletic footwear outlook, page-152
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