In 1988, Zhou Weibin resigned from his middle school teaching position and applied for a job at Shunde Jinlong Ink Company. Later, as the company's first college student employee, he successfully developed "polyester paint", filling a gap in China's coatings industry at that time. . He soon resigned from Jinlong Company and established his own paint factory with borrowed 8,000 yuan. And adopted the business strategy of using the product first and paying later, riding a dilapidated bicycle carrying paint products to sell, gradually opening the door to the paint market.

Subsequently, Zhou Weibin spent money to acquire his old employer, Jinlong Ink Chemical Co., Ltd. - the largest ink production base enterprise in China at the time, one of the top 100 high-tech enterprises in the country, and one of the top 200 industrial enterprises in Guangdong. The first thing Zhou Weibin did after acquiring Jinlong was to fire all the old officials of Jinlong, and said with a smile, "It is never too late for a gentleman to take revenge in ten years."

By 2001, Zhou Weibin owned four companies under his name: Golden Crown Company, Golden Dragon Company, Federal Paint, and VTech Chemicals. Among them, Jinguan Paint Group is one of the top ten private enterprises in Guangdong Province and once ranked among the best in the national decoration products market. At that time, 38-year-old Zhou Weibin appeared on the Forbes Mainland China Rich List, ranking 76th with a net worth of 700 million. Since then, he has been on the list every year. In the 2006 Hurun Report, he ranked 438th with a net worth of 800 million yuan.

On October 20, nine days after the 2006 Hurun China Rich List was released, a former head of the sales department of Zhou Weibin’s company wrote a letter of complaint to the Foshan City National Taxation Department saying: “Zhou Weibin He is a super rich man with 800 million yuan in assets. Why doesn’t he pay back taxes even though he has money? Why don’t he pay back wages?” The employee also provided the national tax department with evidence of suspected tax evasion by Zhou Weibin’s company in August 2005. At the same time, the national tax department also received a large amount of reporting materials on Zhou Weibin's suspected tax evasion, most of which came from employees of his company. In November 2006, Zhou Weibin was investigated by the Inspection Branch of the Foshan State Taxation Bureau and subsequently criminally detained by the public security organs.

In September 2007, the Guangdong Sanshui Court ruled in the first instance that Jinlong Company had evaded taxes by forging and concealing its account books and accounting vouchers, and by under-listing income in its account books and accounting vouchers to make false tax returns. . Between April 1998 and July 2001, the company evaded taxes of 15,268,846.16 yuan. As the legal representative of Jinlong Company and the person directly responsible for the tax evasion crime, Zhou Weibin should bear corresponding criminal responsibility for the consequences of the unit's crime. The court found Zhou Weibin guilty of tax evasion in the first instance and sentenced him to three and a half years in prison.