Core Points - The departure of Xinba from the live streaming industry marks a significant event, as he was a leading figure in the sector, and his exit may indicate a decline in the era of super influencers [6][8] - The crisis surrounding the "Cotton Password" brand, which has faced consumer backlash due to health concerns related to high levels of thiourea in its products, further complicates the situation for Xinba and his company [3][6] - Xinba's exit raises questions about the future of XinXuan Group and whether his wife, Chushi Ruixue, can effectively lead the company moving forward [4][6] Company Summary - Xinba founded XinXuan Group in 2017 and quickly became a prominent figure in live streaming, achieving a sales record of 2.1 billion during the 2019 Double Eleven shopping festival [2][3] - The company is now facing uncertainty due to Xinba's departure, which leaves a leadership void and raises concerns about the future of its influencer network [4][6] - The ongoing issues with the "Cotton Password" brand have led to a loss of consumer trust, and if not addressed properly, the brand risks being eliminated from the market [6][8] Industry Summary - Xinba's exit signals a potential decline in the super influencer era within the live streaming e-commerce industry, which is already experiencing stricter regulations and increased competition [6][8] - The industry must shift towards greater transparency and product quality, moving away from reliance on mere traffic and exaggerated marketing tactics [8] - The situation serves as a warning for the entire live streaming e-commerce sector, emphasizing the need for brands to prioritize product quality and consumer health over sales volume [6][8]