Blackstone 600 Million US Dollars Investment Bluestar: Part 1

Blackstone Group 600 million US dollars investment Bluestar Group, and stirred up big waves. As a leading global provider of asset management companies and financial advisory services provider, the nation's largest private investment funds, Blackstone Group in China on the initial investment, "China National Bluestar (Group) Corp.." (Hereinafter referred to as "Bluestar"), that has always been low-key Bluestar Group as the media, investors and the general public need to understand the object: Bluestar Who? Bluestar is doing what? Bluestar's history and the status quo is what? Bluestar by Blackstone what the favor? Bluestar will be the future of what?

It also has been low-key Bluestar Group founder Ren Jianxin become the focus of the public. The current China National Chemical Corp. (Acronym: ChemChina) general manager, more than 20 years, with an unusual manner of the enterprise from the primitive accumulation of capital expansion to the road, start from scratch to create an asset more than 100 billion yuan of state-owned large enterprises.

However, the China National Chemical Corp. "Core" Ren Jianxin has never been very mysterious, even with the world's largest private equity fund Blackstone linked to the dry line, he also has the hidden flash in the media, perhaps he is deliberately in order to maintain their mind sober-minded and calm.

Even so, we have from a variety of channels, Ren Jianxin and Bluestar that some of the story. But in the end we have to say that this may let you fascinated, but he has traversed the path, it is difficult to get state-owned enterprises in the other copy. And it is one in the "Yingcai" magazine interview that: Blackstone in the acquisition of "special eyes," Ren Jianxin a contributing factor.

2 fell by 0.1 yuan to the first single business

"Washing teapot" opened the Bluestar prospects.

Ren Jianxin be called the "CYL faction" entrepreneurs. This was not only because that only 27-year-old Ministry of Chemical Industry Institute of Chemical Mechanical Ren Jianxin, secretary of Communist Youth League made a major decision - "agreed to resign", but also because he has won national outstanding young entrepreneurs, such as China's Ten Outstanding Young Persons dozens of national honor. Famous early, and young is coming when people Ren Jianxin awareness.

In 1984, an accidental meeting of the mission he found that each of the boiler fouling China more than the consumption of 8 million tons of coal, and the winners of the House of research results, "Lan-5" nitric acid pickling inhibitor still lock in the safe. "Lan" has become "Bluestar" the origin of the name. "I did not want to cause the company it is today, just as some of the increase in income-hospital", a very simple idea, let Ren Jianxin abandoned the organ work, and lead the seven CYL members, their personal property is secured borrowings 10,000 yuan, the founder of China's first professional cleaning company.

Speaking of the first single business Bluestar has some "CITA." Originally cleaning boilers to the Ren Jianxin and his business partners, was the first single business is a wash for a carers teapot, but revenue only 2 fell by 0.1 yuan. However, it was "washing teapot" opened the Bluestar prospects. Bluestar operations to the mining area, they broadcast in the mine made such an announcement: the CYL members from Maryland to do a good job of learning from Lei Feng, free cleaning for miners in the teapot-furring. Bluestar soon out of the mine in the wash pot, they began to mine the ventilation equipment, industrial equipment, and other cleaning furring. That year, Ren Jianxin the cleaning company earned 24 million net profit, Ren Jianxin of the plane cleared the House of 10,000 yuan loans.

However, access to markets Bluestar has not won trust. Machine intelligence of all hospital "prophecy": cleaning company can only survive for three months. Later, has been changed to six months, was extended to once again revise year. Since then the identity problem plaguing Ren Jianxin. But perhaps this time, Ren Jianxin Bluestar in the future for the design, the choice has been made.

In 1986, the successful completion of the Bluestar because several large cleaning equipment reputation greater renown. A fertilizer plant in Shanxi was imported ammonia plant needs cleaning, washing a half of foreign companies do not set standards, the final helpless. While Ren Jianxin led Bluestar commandos took only one day of time on the first wash roots 24 inches oxygen pipeline, derusting rate of 100%, and corrosion rate was only 1 g / m 2 hours, German experts wrote in the pipeline OK photo still appears in the brochure Bluestar Group on.

Ren Jianxin will be followed Bluestar Cleaning large complete sets of equipment in the application as an issue, seek the Ministry of Chemical Industry and the State Science and Technology Commission, the same year won the second prize winner in national scientific and technological progress; coupled with the media publicity on Bluestar deeds, in the industrial field Bluestar Cleaning visibility swiftly opened. Relying on clean technology advantages, the state "Seventh Five", the "Eighth Five" during the introduction of the import package petrochemical, chemical large industrial installations before the car wash by Bluestar responsible.

"He has created 361 words," and then the "People's Daily" reported as a front-page Ren Jianxin. In Maryland, as long as that Bluestar and Ren Jianxin people will be very proud to say he is our Lanzhou, while Ren Jianxin community also began to be affirmed, he was elected as member of the CPPCC in Gansu Province, national outstanding young entrepreneurs, access to the country "5.1" labor medals, and so the honorary title. Bluestar specialized industrial cleaning extended to the petroleum, petrochemical, metallurgical, power, aerospace, and other major industrial fields.

Link:
Blackstone 600 Million US Dollars Investment Bluestar: Part 1
Blackstone 600 Million US Dollars Investment Bluestar: Part 2
Blackstone 600 Million US Dollars Investment Bluestar: Part 3
Blackstone 600 Million US Dollars Investment Bluestar: Part 4