Live TV station.
Pei Wei sat in front of the camera, bowed three times, then sat down, holding a prepared script, and offered a solemn apology.
He also promised that if there were any issues with cars that had used their oil, they would be compensated and repaired one by one.
Finally, he apologized again with deep remorse and vowed that they would never venture into the oil industry again after learning from this mistake.
He did not face any criminal penalties, while two senior executives responsible for managing oil were scapegoated.
But Pei Wei's attempt to break into the oil industry was short-lived and ended prematurely.
Pei Wei resented Gu Xiaozhan deeply, as well as holding a grudge against Feng Ruixiang.
Things were not much better for Feng Ruixiang. Once the company was investigated, many tax evasion and approval-deficient projects were uncovered.
