China Entrepreneur

Zhu Linyao Net Worth 2 Billion U.S. Dollars Female Regal: Part 2

2008-08-11T03:41:00.001-07:00

The successful listing assets soared 10 billion

At this point, Essence Spice in the domestic industry has been quite right to speak Huabao Group began to seek listing in the HKEx and look to the listing of the Special Limited Shell Resources. At that time of year after year due to special losses also have a strong will of the reorganization of assets, the two sides were amenable to the idea. March 2004, the special force to the price per share of 0.1 Hong Kong dollar, to Zhu Linyao100% holding MogulEnterprisesLimited issued 173.1 million common shares, the company changed its name to Huabao International. After the success of backdoor listing, Zhu Linyao its Essence Spice's business to ChemactiveInvestmentsLimited name, packaged into a listed company, the company Zhu Linyao in the British Virgin Islands-registered 100 per cent holding subsidiaries, including the establishment of the name Shanghai Huabao Shanghai company, Huabao Peacock, and other high-quality assets. As previously Zhu Linyao listed companies have a 90.99 percent stake in the asset injection is completed, the proportion of its holdings have been as high as 97.57 percent.

Since then, Zhu Linyao began a reduction of its cash in the course several times. August 4, 2006, Huabao International announced that, Zhu Linyao intends to hold direct and indirect holding of 2.747 billion convertible preference shares converted into ordinary shares in full and the exercise of warrants, to the public placing 690 million shares of common stock . Since then, Zhu Linyao completion of a share placement of 2.2 Hong Kong dollar, cash in one stroke about 15 billion Hong Kong dollars. January 17, 2007, Huabao International once again announced, Zhu Linyao wishes to make public shareholders placing 277.3 million shares, the placing price of 4.56 Hong Kong dollar per share, the Zhu Linyao generating approximately 1.265 billion Hong Kong dollar. This year on March 26, Huabao International announced that, Zhu Linyao has acquired an independent third party to a Essence Spice business, the payment of part of the price, Zhu Linyao to 6.5 Hong Kong dollar per share to the other side of the 6942 transfer of shares, again Success of the Hong Kong dollar 451 million cash. After several transfers, Zhu Linyao shareholding ratio has dropped to 65.22 percent.

Yesterday, Huabao International closed at 6.15 Hong Kong dollar, as calculated, Zhu Linyao currently owned by stock market value of about 12.33 billion Hong Kong dollar.

China's top 10 clients include tobacco brand

According to Huabao International annual report, company principally engaged in tobacco, food Essence Spice of the development, production and sales. The current development strategy to "adhere to the tobacco essence as the core and essence of food to speed up the pace of development, actively expand on the essence."

As of March 31, 2008, Huabao International Tobacco essence of the sales income over a year earlier, an increase of 37.7 percent, while the present, China's top 10 cigarette companies have all become the Huabao International the ultimate customer. According to the company annual report revealed that in 2007 the sales of the top 10 cigarette brands Hongmei, Baisha, Hong Jinlong, the Red River, Hade Men, Huangguoshu, Hongqi Canal, Red Camellia, double happiness, Hongtashan companies were existing customers, of which Camellia and the only non-Hong Jinlong company's core suppliers.

Link: Zhu Linyao Net Worth 2 Billion U.S. Dollars Female Regal: Part 1

Source: National Business Daily Aug. 5, 2008

Zhu Linyao Net Worth 2 Billion U.S. Dollars Female Regal: Part 1

2008-08-11T03:40:00.001-07:00

China's wealthiest three women

Yesterday, "Forbes" list of a piece of Regal, Hong Kong Huabao International (00336, HK) Chairman Zhu Linyao onto prospects. The 24-year-old to the age of 50 years between the world with 20 more than 1 billion U.S. dollars of wealth female billionaires list, mostly through inheritance, such as access to huge amount of wealth, of which only four are from scratch, and now only 38 years old Zhu Linyao known as the best young female self-rich, according to "Forbes" is estimated that her net worth at least 2 billion U.S. dollars and above. According to "National Business Daily" information, the media in general had previously been reported from China for Hong Kong's Regal is actually Sichuanese woman, her husband is known as the "king of Chinese essence," Lin Guowen.

Low-key boss never disclosed wealth of history

According to reports, a Hong Kong listed company Huabao International President of the Zhu Linyao native of Sichuan, its staff, told reporters: "Chairman Zhu Ping Su human low-key, and the other bosses of different is that she rarely tell their employees before the family history , Did not want to speak their own course of struggle, but more willing to explore and staff listed company's business, the owner of all the personal development path that is not particularly clear. "

In 2007 when, Hurun Zhu Linyao have been discharged into the 100 Rich List was the first 44, when she estimates the value was 135 billion HK dollars. "National Business Daily" reporters yesterday at Hurun, I did not expect Hurun has also said that Zhu Linyao very mysterious, in the public eye it is difficult to find the person's information. Hurun told reporters that he is only in an English language information found in her enormous wealth. Regal on the woman and other information, Hurun I also can not be learned.

According to the company introduced the staff, Zhu Linyao is a native of Sichuanese, and Essence Spice Jieyuan is in her study to Beijing University after the matter. With other students different from the ordinary, Zhu Linyao are still studying, that is, the trade had a strong interest, which also contains aware of the rich business opportunities and wealth opportunities. At that time, Zhu Linyao the ambition that is not similar to a "smooth graduation, find a good job to work" like the idea. Expect that to change the lives of Zhu Linyao soon start with the trade business, "at the beginning, the boss did not come into contact with Essence Spice business, but after doing business in the process of gradually found Essence Spice industry in the huge reserves Business opportunities. "Huabao International staff, told reporters.

Soon, Zhu Linyao in Beijing to set up its first Essence Spice trading company, began a cause of the initial stage. At this point, Zhu Linyao has begun to show its Industrial operating and capital operation of the superb instruments.

Zhu Linyao with her husband for Lin Guowen "pull strings" is the essence Spice industry. September 1963 was born 21 trees in Guangdong Dianbai Xian Lin Guowen town of Aberdeen had been established in Shenzhen Huabao companies. In the 1990s, Lin also invest 20 million U.S. dollars, the establishment of the Shanghai Huabao company, and Zhu Linyao at this time is also Shanghai's Essence Spice expand their business. 2004, Huabao Shanghai Jahwa Group's acquisition of a business and set up a Shanghai Huabao Peacock Essence Spice Co., Ltd., became edible essence of the important areas of production enterprises. Currently, tobacco consumption essence and the essence Huabao International has become the two most important business.

Link: Zhu Linyao Net Worth 2 Billion U.S. Dollars Female Regal: Part 2

Hopson Zhu Mengyi Part 4

2008-06-23T07:32:00.004-07:00

Now, there are sufficient grounds to understand Zhu Mengyi the next decade the overall expansion plans. His appetite is still far have not been filled: in Shanghai, a Health and the purchase of 1,400 acres in Shenzhen, received a 300 mu of Health in Beijing last year, a Beijing Shengjiu cooked up absolute scored five large-scale land development, the development of Area reached 2.7 million square meters. At the same time, Wuhan, Nanjing, Xi'an and other two cities of Health also conducted market research or set up branches nationwide wantonly expansion of the big screen has been opened.

Feng Jian Zoupian breakthrough Siege

About the second half of last year, large-cast began to sell its commercial property community, not only in Beijing, the new Zhujiangdijing,珠江国际城, and so the event is so, even years of painstaking efforts in Guangzhou for more than 10 large communities mature The shops are no exception, the under-vote in the Pearl River in Guangzhou real estate company also announced earlier, in late March will be a major investment forum, launched the community in one breath commercial properties close to 150,000 square meters.

In addition, the beads for the last two years very little coming out in the open market to buy shots, including Beijing and Tianjin, Guangzhou and many new projects, most of the land to digest before reserves, which Vanke, R & F, Shun Chi, such as the development of cross-boundary Frequent appearance counterparts around the auction, and actively increase the practice of land reserves, a sharp contrast.

On the other hand, cast-in infrastructure, electricity and other aspects of the investment pace has accelerated noticeably. In addition to the already participate in the construction of several highways in Guangdong province and the above-mentioned two major power investment projects, it also claimed the recent or planned investment in Guangdong, Shaanxi and Inner Mongolia and other places for several large-scale hydro power facilities. Recently another source said, cast-iron and steel projects to strong interest and preparation for internal years for huge amounts of money to build the Daya Bay in Guangdong steel plants.

At the same time, since the second half of last year, the steel price hikes, with the rapid growth of the domestic economy, increased industrial demand for electricity, power supply and a continued state of tension, experts expect the next two years the domestic electricity supply there are large gaps, trade prospects are extremely Good.

Whether such a large investment in the Pearl River to the recent real estate investment strategies on the various changes, is a comprehensive attempt to restructuring it, or to further expand investment diversification, and the industry to its intrinsic motivation to do so, there are still many speculations. A representative of the view that these Zhu Mengyi "Xiang Zhuang performed the sword dance as the Peigong" objective fact, directed at the capital market.

It is worth noting that Chu had just voted to become shareholders of the newly established Shanghai Electric company, its future is also one of the main objectives to the Hong Kong-listed. Generally speaking, the domestic real estate companies listed on the road are more difficult to formally listed the queue waiting for a long time, Maike listed and easy to fall into financial traps, which the Guangzhou several well-known enterprises have profound experience, and real estate Special projects are residential projects, the investment cycle short, the return on investment fluctuation, the real estate listed companies on average lower than the market average earnings gains, investors are not very good, difficult or stock, resulting in the listing of financing and refinancing of the limited capacity ,

"However, infrastructure, electricity and other sectors, the project once completed, will create long-term, stable cash flow return, the relevant company's shares on the much sought after in the stock market," an industry analysis Road. He pointed out that self-invested in real estate development business is still in a good momentum of growth, in turn increase the intensity of investment in such projects, there may be considered at the appropriate time, the integration of high-quality packaging these assets, to seek listing.

Hopson Zhu Mengyi Part 3

2008-06-23T07:32:00.003-07:00

Smart Zhu Mengyi early aware of the strength of capital markets, as the private sector, especially real estate enterprises have been listed in the mainland can not, from the start he established in Hong Kong, to prepare for the future listing. 1997, Zhu Mengyi incorporated in Bermuda exempted company. May 1998, Hopson listed in Hong Kong. 2.7 Hong Kong dollars per share, issued 250 million shares, fund-raising 670 million Hong Kong dollars, of which Zhu Mengyi individual holders of the listed companies is 63.75 percent stake. As at the end of last year, Hopson's total assets reached 5.6 billion Hong Kong dollars, the net assets of 2.5 billion Hong Kong dollars.

Earlier in resolving the issue of funding for the first Hopson has won the support of capital strength. It was in 1998 before and after the use of capital advantages of Health, the opportunity to reserve a lot of land, started the project area increased dramatically. From 1998 to 1999 just one year period, Hopson has over 110 units have been built buildings, the development scale, sales performance, second to none in the real estate industry in Guangzhou. 2000, Hopson's total sales of flats in Guangzhou 5 percent of the market share.

At the same time, Zhu Mengyi actively attract talent. Now a senior Department of Health figures, almost all Chinese from all the competitors hire from. China Overseas Group of the Philippines, the former general manager of Vanke Group herdsmen Yao, deputy general manager of Shenzhen Vanke, Henderson Xie, general manager of East China's Guangdong Urban Construction Group and general manager, Zhu had to wait for too long.

From 1993 onwards, Hopson investment in real estate projects, 70 percent of the project and Guangdong Pearl River Investment Corporation to develop, each Hopson are major shareholders, which occupy 70% of the shares. Hopson as a foreign-owned companies, in accordance with the provisions of the past, countries, in addition to tenders and to vote, not owned the land for development, Hopson need a local partner for land development. Xie Tung told reporters: "Health for holding, holding companies, listed companies can be included in turnover, while if it were equity companies, can only enjoy the dividends payable, contraband can be included in the fiscal year after the turnover."

Can not ignore the fact that: the Pearl River real estate is Zhu Mengyi's Mainland companies invest part of the Pearl River. Hopson1992 in Hong Kong to set up a year later, the Pearl River Investment Company will be set up in Guangzhou, has become even more investment in real estate, roads and bridges, communication networks, such as the securities industry of large investment holding company. To the end of 2000, a subsidiary of the Pearl River and investment cooperation between the company a total of 28, the company's total assets of 5 billion yuan, of which 1 billion yuan of net assets. In addition to real estate, investment in the Pearl River in Guangzhou also equity investment in Huizhou highway, set up a network of Guangdong Yeston investment companies and start intervene in the securities industry, the broad equity securities.

Hopson Zhu Mengyi Part 2

2008-06-23T07:32:00.001-07:00

Subsequently, a Health and Development in Guangzhou Garden of the Royal Ascot, Dili Jingyuan, the Discovery Garden, Wonderland Metro, Jinan Garden, the South China Metro, and other 16 projects. This is not going to a large extent depend on the development of strong capital or connections, but that the market prospects for Zhu properly handle: the land of Health received a remote location and land prices are low, but almost all located in the city of the future expansion of the regional centres, such as Guangdong's Tianhe, Fan Yu. Good prospects for the low price of Health formed a healthy expansion of the wheels rolling.

Moreover, Zhu Mengyi unintentional minor, a Health from the Tianhe Wonderland Metro, the area has significantly to the representative. Of Health in Guangzhou to complete the development of the project, construction area of over 500,000 square meters of the project has five, more than 1 million square meters of the project has three, or even a project more than 2 million square meters.

Cheap land and large-scale construction, the development of health projects than others with lower costs. Henderson, general manager of the Chinese company, now the general manager Xie of Health East, said: "In the large-scale developers, the construction cost is the lowest. To high-rise towers as an example, to the general development of the construction cost per square metre is 3500 yuan, but the cost of health only 2,500 yuan. And dozens of small high-level, a Health and the construction cost per square meter was 1,700 yuan, but other developers are needed 2,300 yuan. "Kuxiao a local developer said: "In Guangdong, real estate, your costs low too difficult to Zhu Mengyi."

1997, Tianhe, and not the eastern suburbs of large-scale residential projects, where huge amounts of money for health development of the Royal Ascot Garden, when people N. the value of the land, the 9th National Games held last year to warm up housing prices in one stroke. And later, when Zhu Mengyi to the front of the expansion, the same is true of his strategy: to just get the Tianjin Baodi County, 1.8 million mu of land as an example, the average price of land is only 6,500 yuan per mu, the government has to invest municipal construction . It can use "-without charges" to describe.

However, "Zhu Laonong" not only wide plot of land, but also know how precision farming: a Hong Kong real estate Health and the introduction of advanced design, development and management ideas, innovation ensure that the large number of high-quality property. Low-cost, high-quality properties on the market eventually formed a strong competitive edge.

"Zhu Laonong" the two-sword

Hopson Zhu Mengyi Part 1

2008-06-23T07:31:00.000-07:00

The South has always been low-key "real estate king," Zhu Mengyi is being gradually to Beijing, Shanghai and Tianjin, to enter. Light in the Beijing area, the Hopson under his last year on sales income 2.2 billion yuan. However, people in this Yanre the scene to make money before, with Zhu Mengyi recent series of cross-sector investment decisions have significant exposure, "a Department of Health-vote" will slow the pace of real estate development, the implementation of strategic transformation of the debate, Started in the industry spread.

Guangdong earth sword Fun Days

Zhu Mengyi only 45 years old this year. But looks much bigger than the actual age. His head is not high, thin build, has been on the forehead do not see hair, is very bright. His argument is: "to do business, is to choose daily life feel bad sleep during the day you want to use the issue in front of the brain, the evening had to use the back of the brain to the problem."

Zhu also in the business on track in no time, he has compared to many other people think. In the mid-1980s, the business boom sweeping across the SACP Zhu's home county, and make the 20-year-old Zhu Mengyi become one of the town of Bao Gongtou. "At that time in our town, many people open shops at home, Henluan. I would like, if these people on a street,又好management, and easy to form a market." Zhu Mengyi go to the town government , Expressed willingness to help build commercial Street, will return as long as the owners rent to him into it. The planned investment and participation in the operation and the real estate development tied together, this is beyond the scope of work Bao Gongtou, from the very beginning, Zhu Mengyi to consciously become a real estate developer.

From the SACP to Guangzhou, a few years time, Zhu has accumulated a wealth of interpersonal relationships and the ability to super insight into the market, so that he can have the capital in 1992 and Zhang Fangrong, Lu Wei chi and his wife in Hong Kong, co-founder Hopson Group .

Zhu Mengyi pursuit of major moves, parents, Anne and enter Guangzhou, he bought a large piece of farmland in Tianhe District. Zhu calculations is: in the future planning of the Guangzhou municipal government, the Tianhe District will be developed into a business centre. The very breadth of Wonderland Metro Hopson to become highly visible, but soon turned into Tianhe, Guangzhou, the city's most bustling commercial district, Zhu Mengyi hold both the opportunities and adding fuel to the flames to promote the rise of the Milky Way. This is undoubtedly become his future with the Guangzhou government relations harmonious good start.

Lu Zhiqiang Oceanwide Group Part 4

2008-06-23T07:30:00.001-07:00

This means that Oceanwide dual-track system of the building to look forward to additional price, on the one hand a low price will be controlled by the parent company Oceanwide Oceanwide real estate assets into the building, on the other high-value to its shareholders to raise funds.

However, this programme has not been finally adopted by the SFC, in January this year, after adjustment programme of additional directional, Oceanwide final only to the construction Oceanwide major shareholders holding additional orientation, Oceanwide holding assets Oceanwide further into the building.

Directional after the completion of the issuance, Oceanwide building finally had the preparatory step for the two-step adjustment programme.

March 29, Oceanwide building notice, not to open more than 180 million additional shares Muzi 6.5 billion, mainly into its overall listing of the land acquisition projects.

Directional additional ultimate aim is to re-financing, refinancing will not be used to purchase land from the post messages Oceanwide Construction Limited and 2007, 2008?

Lu Zhiqiang Oceanwide Group Part 3

2008-06-23T07:29:00.002-07:00

In "Oceanwide of" real estate business tense capital, its financial industry use of the pledge, secured stock options, and other ways to help finance its completion. Minsheng Bank Notice disclosure, as at the end of 2006, Lu Zhiqiang control of the Oceanwide Group and its related enterprises in Minsheng Bank loans up to the association, reaching 3.386 billion yuan, accounting for loans related to the proportion of 79.9 percent.

According to public information, as at January 2007, "Oceanwide department" has been building its Oceanwide Oceanwide Construction Holdings Limited shares held by the 400 million shares, the investment group glory to the cause of legal person shares held by 7,029 million shares have pledged to the State Development Bank, and , Lu Zhiqiang held by the Bank of the people's livelihood of all 573 million shares have been pledged. Therefore, "Oceanwide of" control of the hands of the various stake has been completely secured.

Perhaps it was the result, Lu Zhiqiang a focus on integration of real estate capital platform. Who shares the opportunity to be "glory to the building of" changed its name to "Oceanwide Construction" and directed by two additional assets will be injected into "Oceanwide building." In the real estate company's difficult financial enterprises from the associated funding situation, Lu Zhiqiang found a shortcut to another.

April 2006, Oceanwide building from major shareholders announced the acquisition of its Oceanwide Group's Beijing Oceanwide Dongfeng Ltd 65% stake. Since then Oceanwide Oceanwide Group also directed the building of additional 400 million shares, after the implementation of Oceanwide access to the building of Beijing Oceanwide Dongfeng Ltd owned by Oceanwide International Residential District 1 # 2 # 3 # plot Total 743,800 square meters of quality Land reserve.

March 2007, Oceanwide building announcement, announced that it will issue through non-public fund-raising about 80 billion for the acquisition of major shareholders Oceanwide Group Spark company's 100 percent stake in the company 100 percent-stake in the company 100 percent stake in Zhejiang , Wuhan 60 percent stake in the company. Upon completion of the acquisition, Oceanwide building owned land reserves will exceed the scale of the majority of first-line real estate companies, the increase in construction area of over 8 million square meters.

The issuance of the programme as early as this year on March 16 came to the surface. The statement was issued at that time 500 million shares, Oceanwide holding assets to subscribe for not less than 250 million shares, the value of the assets or liabilities to raise funds to pay. In addition, other investors to subscribe for cash the remaining shares, to raise funds not more than 4.638 billion.

Lu Zhiqiang Oceanwide Group Part 2

2008-06-23T07:29:00.001-07:00

Financial investment

October 1998, the stake through the replacement, glory to the cause of Investment Group acquisition of listed companies in Shenzhen Nanyou property, renamed the "glory to the building of" Lu Zhiqiang of the capital structures good platform. This well-known strong Zhuanggu, created in 1997 from a three yuan rose to 23 yuan a miracle.

After 2000, Lu Zhiqiang again seize the opportunity, Gongchengluedi in the financial field, has become the Minsheng Bank, Haitong Securities, the people's livelihood insurance, the people's livelihood securities, the people's livelihood pawning the majority shareholder.

"Oceanwide of" investment by financial institutions, equity ratio is scattered on the surface it is hard to achieve holding, but with China through mutual Shipowners Association, and other units concerted action to ensure that in the control of the relatively advantageous position.

In the establishment of Minsheng Bank, Oceanwide Group and the Association of mutuality as a sponsor of the owner, holding 90 million shares, 13.04 percent of total holdings, the first major shareholder of New Hope Group held only 9,028 shares, less than shareholdings 7 percent.

But Oceanwide Group and the Association of mutuality between the two owners frequent equity transactions, both investments in the people's livelihood securities, insurance and people's livelihood Haitong Securities and other financial institutions are clearly acting in unison.

Real estate puzzle

With a strong financial capital and support, Lu Zhiqiang of the strong real estate system began to take off. He cited Beijing as the center in Wuhan, Shenzhen, Qingdao, Jinan and Shanghai are laid troops. Beijing has glory in the international apartments, glory to the International Centre, Oceanwide international projects such as residential areas, investment in Wuhan, central business district development projects, planning and construction in Shanghai Oceanwide New World, and other projects in the development of Shenzhen Hui Fang Yuan, the new century homes, Shanju years, the new world of apartments and other projects. According to rough estimates, "Oceanwide of" At the same time plans to develop the property in the area of 3.5 million square meters more than the required funds are far more than 10 billion yuan.

Lu Zhiqiang Oceanwide Group Part 1

2008-06-23T07:28:00.000-07:00

Lu Zhiqiang held by the Bank of the people's livelihood of all 573 million shares have been pledged. Therefore, "Oceanwide of" control of the hands of the various stake has been completely secured.

March, the expectations have been holding real estate assets will be injected into Oceanwide "Oceanwide building," Lu Zhiqiang has finally started his final re-financing plan. Now, already a member of the Standing Committee of the CPPCC National Committee, Lu Zhiqiang, is expected painstaking structures of the real estate capital platform will eventually become a distant dream.

Policy opportunists

1985, when he resigned from the Erlizhinian technology development center in Weifang City, deputy director of the Office of the Public, sea entrepreneurship.

1988, the state began implementing housing reform, the real estate industry overnight into profiteering. Lu Zhiqiang seize the opportunity and the establishment of the Shandong company and China Oceanwide Oceanwide Group Holdings Limited ( "Oceanwide Group"), into the real estate industry, after a short period of several years to complete the primitive accumulation of capital.

In the early 1990s, private enterprises have not been around the government attaches importance to, and foreign-funded enterprises and Sino-foreign joint ventures are entitled to many domestic enterprises beyond the preferential policy. Before and after 1990, Lu Zhiqiang registered in the United States has Oceanwide international limited liability company. In "Oceanwide of" many projects in the future, "the United States Oceanwide" is seen frequently.

1994, the state put forward the "August 7 Anti-Poverty Program", 10 private entrepreneurs to meet the implementation of the plan first proposed the "glorious cause." October 25, 1995, China Association for Promoting the Guangcai Programme as a Corporation registered in the Ministry of Civil Affairs, chairman of the Central United Front Work Department during the Minister Wang Zhaoguo, legal representative of the Secretary-General Hu Deping, vice minister of the United Front Work Department concurrently. In the past, in July 1995, the Lu Zhiqiang Shoukuai eye diseases in Beijing set up a glorious cause of the Investment Management Limited.

After the replenishment Kuogu, the company's registered capital to 500 million yuan and net assets of 10 billion yuan, changed its name to the cause of glory Investment Group. Halo in the cause of the shining glory, the glory investment in the cause of the rapid growth of the strength of the Group, started in real estate, finance and hi-tech and other fields full range of attack, dozens of "Oceanwide of" companies have mushroomed across the country as emerging.

Guo Guangchang Fosun Group Part 6

2008-06-23T07:27:00.004-07:00

After a lot of wealth and social returns as private entrepreneurs, Guo Guangchang has a lot of titles: the CPPCC National Committee member and member of the All China Youth Federation, All-China Youth Federation Vice-Chairman of Shanghai, Shanghai, model workers, 10 outstanding youth in Shanghai, and outstanding private enterprises Home, and so on.

However, Guo Guangchang more people think the best play the role of China's capital market is still on the opportunists. Fosun first half of this year's report card to do the best Notes: Fosun Industrial Co. (600196) 2003, a substantial growth in profits in the first half, net profit of 215.44 million yuan, over the same period last year increased by 230 percent, to 0.564 yuan per share, net Capital gains rate of 13.26 percent.

-- Background

Guo Guangchang capital Game Break

1998, Guo Guangchang the first to feel the charm of the capital market. Fosun Industrial Co., after the reform of the listing, once raised 350 million yuan of funds. Subsequently, Guo Guangchang in China's capital market on the left-right process, a number of industries and capital will be docking.

August 2001, Fosun Group and the Yuyuan Garden Shopping Mall largest shareholder of Shanghai Yuyuan Garden travel service company signed share transfer, hosting agreement, November 22 suspension of the agreement, but six days time, the newly established less than a month Fosun investment and Yuyuan Garden Shop signed the agreement by holding the right to transfer, the transfer price of 380 million yuan, transfer the total amount of 234 million yuan. Fosun Yuyuan Garden Shopping Mall new investment into the "big lead", a Yuyuan Garden Shopping Mall 6166 shares of the total equity of 13.25 percent. But in fact, the Fosun investment 600 million yuan investment for the acquisition seems to be set up, Fosun eyes of the Yuyuan Garden Shopping Mall is owned pharmaceutical factory in Shanghai Tong Han Chun-53.33 percent stake.

Through the acquisition of Yuyuan Garden Shopping Mall, Fosun investment indirect control of the Tong Han Chun.

And this is no different from, Fosun shares of friendship between the first and largest shareholder friendship group funded 400 million yuan of friendship between Shanghai Fosun Group Holdings Ltd., accounted for 48 percent of the shares. Followed by the transferee friendship groups part of the shares, friendship Fosun friendship has become the largest shareholder of the shares, will be a matter of course friendship shareholder equity of 51 per cent of the Shanghai Lianhua Supermarket's inclusion. 2001, Fosun Group friendship Fosun shares will be transferred to Fosun Industrial Co., Fosun Industrial Co., the friendship has become the largest shareholder of the shares.

After being hailed as "China's stock market in the first tender offer," the Fosun into Nanganggufen, shows that the superior of capital Guo Guangchang wrist and vision. Guo Guangchang to 1.6 billion yuan more than the controlling shareholder will Nanganggufen from wholly state-owned enterprises into a non-state-owned holding enterprises, is equally important that, Fosun in the steel industry since this began two years ago to participate in the industry, from supporting change A protagonist.

Guo Guangchang Fosun Group Part 5

2008-06-23T07:27:00.003-07:00

Guo Guangchang to reporters about an interview, the total could hear Fosun Group Office for the staff he complained: "the Guozong too hard."

"Having wealth is not evil"

China's current Regal, some of them often in the end, the public will know how they begin.

Guo Guangchang self-interpret the story of the beginning of wealth, has always insisted its accumulation of wealth are the sunlight.

10 years to the PM10, Guo Guangchang adhere to the eyes of the entrepreneurs themselves. He eyes of the entrepreneurs, their responsibility is to create wealth; He believes that the business of truth, is based on the industry to do, do Industries, the results do value discoverer.

Guo Guangchang have mentioned before, "the enterprise value is to create value for customers, shareholders and society as the creation of value. In a mature market economic system, these three is absolutely unified. This is Fosun's mission, And I think that this is also in the business of truth. "

September this year, Guo Guangchang frankly face of the on-Fan Lu and before that have echoed around the substance, first to an "ownership of wealth is not evil" expressed his own views. Then said: "I think most of the accumulation of wealth are correct, at least I feel that my sunshine is the accumulation of wealth."

Guo Guangchang, now the community should be fair treatment for the community to create a wealth of the people, these people really create value for the community. Instead, entrepreneurs have their own more wealth and resources of society should pay more of the responsibility, should maintain a good attitude.

Fosun people can confirm that, Guo Guangchang often in groups stress that: "ownership of wealth is not evil, wealth to the society itself can create more employment, more happiness."

This Ange Fosun "9 character principle": self, Qijia, Ye to help the world. Guo Guangchang explanation of the case: the economy of today is no longer home, but an enterprise, both the world and Sheng-ping, the country, the world-will cease to be a realization of the value of the choice of intellectuals, was a Founding help the world, that is, industry serve the country is a walk Qualcomm in the right way.
From the beginning of October 1996, Guo Guangchang has spent nearly 500 million yuan, the Chinese medicine industry in modern life, information industry, the real estate field of active participation in a number of state-owned large and medium-sized enterprises cooperation and a joint venture of grafting work.

Guo Guangchang Fosun Group Part 4

2008-06-23T07:27:00.001-07:00

Zhejiang Dongyang was born in a poor peasant family of Guo Guangchang, in middle school has elected to reduce the family burden on the Normal School, in the final after repeated consideration, to give up to the high school Normal School. Ji Jin metres in a week and a can of Meicai stem the distress, and admitted to complete their studies during the Philosophy Department of Fudan University. Fosun people say, is the influence of philosophy and four years of Guo Guangchang carefully constructed system of logic.

MBA class at Fudan University, Guo Guangchang "self-exposure," said that in June 1993, Fosun decided to launch market research business, the main real estate sales and biological pharmaceuticals, then Shanghai to become the first batch of real estate sales company. Guo with a gang of brothers and asked, "Yang Chadui" family, went to the Exit-Entry Administration Department at, and then sent to the ad, "Yang Chadui" the door. The end of that year, Fosun the first 10 million get smooth.

Diyitongjin real estate agent to do to win, the concept of operation the first time, be regarded as Guo Guangchang the third turning point, he realized that the "business of truth."

Recalling that the "Fa Jia", Guo Guangchang this to say: 1992 will be realized that there was a rise of the middle class real estate businessman, now on a beach Dingdingyouming the developers, and this is the demand on the market alive, who Aware of this, who can become the market leader.

Liang Xin partner army still remember details of this, he Guo Guangchang's assessment is: "EQ, the integration has played a very good team functions. First of all, let this team all individuals can speak their minds, we returned to the appropriate sub - Right, well coordinated. "
In fact, Fosun people "Guozong" the deepest understanding of his talent or strategy.

Guo Guangchang more than once said: "the development of enterprises like a river, a constant flow of the river, each one of us like a river in the drop, both in upstream, midstream or downstream, to find the location of their import. "Guo confident that, in Fosun family, every employee can find the most suitable for the location of their import, to maximize their personal development and the development of a high degree of Fosun joint together.
Fosun people return Guo Guangchang is a conscious "intimate." When Guo was named "2002 will earn most of the people", Fosun Group's staff take the initiative told reporters that Guozong of this is very "cold" In fact, his work and life are very thrifty.

Guo Guangchang Fosun Group Part 3

2008-06-23T07:26:00.000-07:00

Fosun Industrial expansion to a large extent dependent on the sophistication of the capital, and always received two birds with one stone effect. Into the gold mining industry, in the early development of the whole, observers expected - in

Fosun "shots" before the international gold hit 7-year high, rose to 391 U.S. dollars an ounce. Merrill Lynch Investment Management fund manager to the media said Han Yi Fei, gold has increased by re-entry orbit, gold prices are still expected to increase space.

More analysts predict that gold prices could reach the end of the year 418 U.S. dollars / ounce record, but still does not allow speculation the country, thus new favorite gold stocks as investors, domestic gold stocks leading Shandong Gold should limit potential to Guo…… Guangchang practice, Fosun in the gold industry on the action must not only here.

At this point, Fosun Pharmaceutical has been involved in manufacturing, circulation, issued the press, the media investment, real estate, retailing, steel industry and the gold mining industry, and these industries, mostly in China's economic core point.

"Businessmen should be both rational and passion"

Shopping Centre on the Guo Guangchang, the media have repeatedly quoted a word in.: businessmen must be both rational and passionate.

In Guo Guangchang, the business of rational There are two levels, first in the treatment of business development opportunities, first have a clear understanding of their own should do.

The end of last year, Guo Guangchang accept the "21st Century Economic Report" interview, he elaborated on the "businessmen must be both rational and passionate understanding." He said: "Businessmen must be rational, because he is facing a real relationship between the money game, but businessmen and artists in fact, must have talent and passion."

Guo Guangchang on three major turning point in his life, he had been between reason and passion to find the equilibrium point. He was good at passion for finding new capital to enable Fosun of the team to constantly stimulate imagination and the rational bring him a clear understanding of the new targets for speculative thinking.

Guo Guangchang Fosun Group Part 2

2008-06-23T07:23:00.000-07:00

From the Philosophy Department of Fudan University after graduation, often linked to his lips the words: "I am a school of philosophy."

Entrepreneurship, the pursuit of his "personal success and business development of the harmonious unity."

Down to the sea 10 years, Guo Guangchang wealth to the hands of fissile more than 10,000 times, he realized that: businessmen must be rational, because he is facing a real relationship between the money game.

Fosun investment in the steel industry to private enterprises Tailiangangtie expressed concern that is redundant construction. And Guo Guangchang that: There is no competitiveness of the investment is repeated investment, competitive advantage of the investment is not repeated investment.

The private entrepreneurs to close the logic increasingly improve our business truth, his truth leads the commercial capital for industrial expansion chain, the chain Huankou closely with the capital to complete, Guo Guangchang authority of the Chinese financial magazine "financial" election Into the "future of China's top 10 economic leaders."

At this time, he only 36 years old.

"Fosun to make money is the last word."

November this year, Fosun amounts of the capital chain model extended to the gold mining industry.
It is learnt that, Fosun will invest 500 million yuan, and strokes in Zhaoyuan City Gold (Group) Co., Ltd. joint venture Zhaojin Mining Co. Ltd., mainly engaged in gold mining and smelting operations elections. The total size of the new company more than 1 billion yuan, accounting for Zhaojin Group Holdings status.

Media commented that, despite the Fosun has already set foot in the Yuyuan Garden Shopping Mall middle and lower reaches of the industrial chain, such as gold, but into the upper reaches of the gold industry is the first time. On the present situation to see, Fosun want to be in the Shandong gold and gold shares after the third unit.

Some people say that this is a typical "Guo Guangchang model." And Guo Guangchang, then still the most common response is "to make money Fosun is the last word."

Guo Guangchang Fosun Group Part 1

2008-06-23T07:18:00.002-07:00

Scholars from the Jie, chairman of the Fosun Industrial Co., a monopoly 3.2 billion of assets

Regal under the sun

● I think most of the accumulation of wealth are correct, at least I feel that my sunshine is the accumulation of wealth.
● businessmen must be rational, because he is facing a real relationship between the money game.
● is to become a prominent businessman, it is necessary to understand the market Ouxinlixue the truth.
● the development of enterprises like a river, a constant flow of the river, each one of us like a river in the drop, both in upstream, midstream or downstream, to find the location of their import.
-- Protagonist

Guo Guangchang "100 Rich List" section 13

Born in 1967 in Dongyang, Zhejiang, and in 1989 graduated from the Philosophy Department of Fudan University. Fudan University was forecast survey of statistics, director of the Center, Fudan Pudong consulting firm market manager, Shanghai, Guang Xin Technology Development Corporation general manager, Shanghai-Yong, general manager of the letter Advisory Co., Ltd., Shanghai Fosun high-tech (Group) Co., Ltd. Chairman , The general manager since July 1998, the chairman of the Shanghai Fosun Industrial Co., Ltd., Forte (Group) Co., Ltd. chairman. Magazine rich list said Guo Guangchang 3.2 billion value of the property.

To Shanghai as a base, Fosun is now holding three listed companies, in addition to another four shares of listed companies (600,488 Tianyaogufen, friendship 600,827 shares, 600,285 shares Rui Ling, Hong Kong 0980 Lianhua Supermarket). Fosun last year's sales of 10.1 billion yuan, 420 million yuan to pay taxes, employees 5000.

I do not know whether the student entrepreneurship, in almost every one of the interview, Guo Guangchang will say some words of similar quotations from motto. This makes low-key Guo Although Life, there are many famous by the media reprint. At the same time simply because these words mean that the rich philosophical thinking, people easily remember.

Fosun to grow from the start of each stage, Guo Guangchang have a word for that time, intentionally or unintentionally to the summary.

Zhang Jindong, Suning Electric Part 3

2008-06-23T07:18:00.001-07:00

The list released three days later, Suning will use the fact that this "fastest growing": May 1 national day while opening 22 new stores, opened 22 stores mad one day, a one-day domestic retail enterprises sell the most number.

"After 16 years of development, the 2006 national chains Suning has entered the production stage. Suning in the past has maintained a rapid and sound development of the future, we will continue in accordance with the established thinking, steady development." Zhang Jindong Said.

Dialogue

Reporter: in 1993 when the Nanjing outbreak of a "World War II air-conditioning," trial of strength between the two sides are eight state-owned shopping malls and just taking off, Suning. At that time Suning Why would become a target of public criticism » You are what tide over the difficulties of the »

Zhang Jindong: Our price is cheaper than the traditional state-owned shopping malls to sell much cheaper. We should stress at the time of great pressure. In the premise of full understanding of the market, we rely on "stubborn fighting, Yongbuyanbai" concept through a difficult period.
Reporter: emphasize the concept of service to you the social or economic benefits is more »

Zhang Jindong: First of all we want is social benefits, I think that a social benefit, we can do business. 2003 SARS wreaked havoc in that very period, Suning electrical use of social action has won recognition. At that time, to build Beijing Xiaotangshan Hospital, with a number of air-conditioning needs, time is very tight. Suning because there is a group of professional teams, so in four hours, we completed the installation tasks. At that time, the community has given us a high rating. And potential customers understand that the Suning's service capacity.
Reporter: We know that you have always been very enthusiastic about public welfare undertakings in recent years has donated over 100 million, as a successful entrepreneur, is how you treat the cause of public welfare? »

Zhang Jindong: what is taken from the community,用之于society, to participate in public welfare undertakings every entrepreneur should do the duties. Suning to be responsible "corporate citizen." We will have been seen as a social responsibility Suning Electric's mission, regardless of home appliances for sale or donation project of hope, social charity, we are a return to the community! 16 centuries Suning only a small step in the development goals. We believe that to be a long-oriented enterprises, not only must have a clear direction for the development of a mature business model, strict organization and management system, will have all the staff and the centripetal force of benign interaction between the social environment.

Zhang Jindong, Suning Electric Part 2

2008-06-23T07:17:00.000-07:00

On the Jews as Temple Mount, in this, Zhang Jindong step by step to make the Suning. In 2003 the half-year period, Suning Electric ahead with a sense of the two places in the Guangzhou-Shenzhen-made "third world, there are one of" the market of home appliances, 2003, invasion of south China's Suning Electric once again proved to the people Zhang Jindong of household electric appliances to the market's judgement and ability to grasp. "Pursuit of three years after the chance of survival" in the marketing idea, Zhang Jindong plan of Suning in more areas of expansion and
development.

Listing achievements of legendary capital

"The new Fortune 500 rich list" of the view that the retail industry last year China is rich wealth of the fastest population growth rate of retail Regal 308 percent growth in per capita wealth, Zhang Jindong is a model: Since 2004 Suning Electric Listed, Zhang Jindong personal wealth increased by 517 percent.

In fact, Zhang Jindong Suning listed for full preparations for the five years. July 21, 2004, Suning Electric official in the Shenzhen Stock Exchange listed on the SME board. The same day to 29.88 yuan opened trading at high prices, stock prices climbed all the way, to close at close at 32.70 yuan per share, or 100.24 percent, the Shanghai and Shenzhen exchanges in one stroke to become the first high-priced shares. Zhang Jindong assets are therefore more than 1.2 billion yuan a night.

After, Suning stable Chinese stock market has been the first high-priced stocks, shares hit record highs, topped 70 yuan mark, now high of 51.75 yuan remains stable. Suning Electric total market capitalization has reached 18.6 billion yuan, Zhang Jindong assets also rising, from the beginning of 1.2 billion yuan listed rose to 2.2 billion today. Zhang Jindong with other assets, net worth over 2.5 billion yuan.

The largest U.S. electronics chain Best Buy, in the 1989-1999 period of 10 years, its stock price up by 100 times. Global retail giant Wal-Mart in the 1980s to the 1990s, the stock price up 500 times. U.S. appliance chain enterprises have less than 1,000 to Best Buy, led by former chain of control of the three major electrical appliances as much as 80 percent of the market share. The flow of domestic appliances are more than 32,000 enterprises, home appliances chain enterprises of the market share of only 6 per cent, capital markets and retail markets is clearly Zhang Jindong to leave a double imagination.

Into the sound stage of development

2004 magazine rich list upon the electronics industry left a joke: home appliances chain third son, Chen Xiao, chairman of the Shanghai Yongle ranked No. 66, scale, performance far exceeds the Yongle Zhang Jindong, chairman of Suning Electric has Bangshangwuming. However, on April 28, 2005 announced the "new rich Fortune 500 list" to correct this error: Zhang Jindong not only leading HS 12, 500 have become rich in the "fastest growing" the first two.

Zhang Jindong, Suning Electric Part 1

2008-06-23T07:16:00.000-07:00

Zhang Jindong, Anhui Province, graduated from the Chinese Department of Nanjing Normal University. 1990, with his "Chushengniudu not afraid of tigers," the momentum resigned as a fixed, in Nanjing Ning Hailu a modest shop, set up the air-conditioned stores and began a personal and Suning Electric entrepreneurship course.

Today, after 16, "Suning" has developed into a chain with nearly 400 enterprises, more than 70,000 employees, annual sales reached nearly 200 billion in tax revenue turned over nearly 300 million of home appliances crocodiles, and as Suning Electric fortune Zhang Jindong one of the doors have been closed a lot of nicknames, like "home appliances predators", "price butcher."

Air conditioning sales earned Diyitongjin

Zhang Jindong the process of creating wealth, has always been inseparable from a "fast". He put out to sea on a 10 million the first year of the rich man, to lay a foundation for future success.

1984, Zhang Jindong out of the gate of Nanjing Normal University, Nanjing into a Quzhu enterprises. In the 1980s, late 1980s and early 1990s, China and a "sea" trend. Young Zhang Jindong also tempted at this time. At that time, the most popular and most profitable goods are household appliances, color television sets, washing machines and so on in short supply. However, Zhang Jindong no Cou this lively, calm thinking in a few days later, he made a surprise to many people around the choice: the franchise was also a "luxury" of the air-conditioning. One year after his company's sales income reached 60 million yuan, net profit of 10 million, and forward-looking first step in laying a foundation for the cause of Zhang Jindong.
Who would not think, after more than 10 years, and do not attract much attention from the home of the "small window-dressing" was leaving a handful of Chinese home appliances chain, "aircraft carrier" - Suning Electric, and the helmsman Zhang Jindong, Become a "man of the Chinese chain."

Road skillfully deflected the precarious

In the beginning of the venture two years time, Zhang Jindong to 10 million by virtue of assets, more than 10 employees, more than 100 square meters of shops and achieved sales of 5 billion. But the new things have been excluded, the summer of 1993 Zhang Jindong, extremely unusual. Nanjing 8 large state-owned shopping centres to form a coalition Fleet encirclement Suning. Zhang Jindong in World War II air-conditioning in the off-season, with a large number of low-cost eating into the air conditioning and management buyout approach calmly deal with. Suning not fall, but has nearly 300 million yuan in annual sales and become the nation's largest air-conditioning distributor. Business concern that "Suning phenomenon", a college marketing materials in a classic case.

Rong Zhijian, Citic Pacific Group Part 2

2008-06-23T07:14:00.001-07:00

The initial investment, including loans, is about more than 2 million U.S. dollars, I personally accounted for 60 percent. This company has been in profits to the end of 1982, and was a production of computer hardware design of the acquisition of 28 per cent in 1988 and listed on the merger, to become the first U.S. listing of the computer-assisted equipment manufacturers. The original more than 2 million U.S. dollars investment in value-added of all of a sudden it 40 times. "Rong Zhijian still optimistic about Hong Kong, he sold 60 percent stake in U.S. companies, coupled with the sale of cards by love of over 56 million Hong Kong dollar, he had hundreds of thousands of property has been increased to 430 million Hong Kong dollar, Less than a decade after the world's fastest growing value-added things may be the most important buildings in Hong Kong. Rong Zhijian of the company and value-added rate than Hong Kong's property market faster. Just a few years the value of 56 times, 40 times , As if the days Yetan. Rong Zhijian in 1986 to join his father's China International Trust and Investment Corporation, CITIC Hong Kong to become the vice chairman and general manager. Rong Zhijian of CITIC Hong Kong entered the generous after the acquisition of Cathay Pacific Airways is 100 12.5 per stake.. Hong Kong's Cathay Pacific Airways is a veteran of British companies, is the world's leading international airlines. In 1987, the Hong Kong stock market, real estate and the world shipping industry is still in the doldrums, CITIC After careful study of Hong Kong, Cathay Pacific decided to buy the stock. Rong Zhijian, said: "We analyzed the nearly six months, feel optimistic about the prospects of Cathay Pacific's earnings, improve the business, but also an excellent management team. I put his idea to the Beijing company reported that less than five days to be approved. "State Department for 800 million Hong Kong dollar loans, as CITIC Hong Kong's operating capital. February 1987, Hong Kong CITIC to 20 300 million Hong Kong dollar acquisition of Cathay Pacific's 12.5 percent stake: in 1990, Hong Kong CITIC Hong Kong dollar to 500 million acquisition of Dragonair's 46.3 percent stake in . CITIC Hong Kong entered the Dragonair, a Dragonair's largest shareholder. After the acquisition of Dragonair, Rong Zhijian part of the shares will be transferred to Cathay Pacific, Cathay Pacific of the shares. Dragonair by Cathay Pacific management of the business, add aircraft Cathay Pacific to hire. Cathay Pacific grounded mainland routes, Dragonair to give so that Dragonair became a subsidiary of Cathay Pacific.

Hong Kong CITIC is the largest ever of an investment, was 90 to more than 10 billion Hong Kong dollar acquisition of a 20% stake in Hong Kong Telecom, as this was the largest market value of the stock market of Hong Kong's second largest shareholder. So far, Hong Kong CITIC addition to Cathay Pacific's 12.5 percent, Hong Kong Telecom's 20 percent stake, also owns 30 percent of Dragonair, three people, the Eastern Harbour Crossing 100 23.5 points, Macao Telecom's 20 percent, the Asian satellite company's 33 percent, two percent of Hutchison Communications, the Peregrine Group of 9.0% "Ka Wah Bank The 74 percent stake, plus about 1 billion Hong Kong dollar real estate, a fleet of about 300,000 tons, also have been in mainland China and Inner Mongolia, Jiangsu and other places from 4 to 500 million U.S. dollars investment in building power plants, the Group The total assets of close to 20 billion Hong Kong dollar.

Rong Zhijian, Citic Pacific Group Part 1

2008-06-23T07:13:00.000-07:00

Rong Zhijian was born in Shanghai in 1942, is the only son in the family, and another two sisters and two younger sister. He is the father of the famous "red capitalist" Rong Yiren. Rong Zhijian childhood spent in Shanghai. 1959, graduated from Nanyang Model Secondary School. Public-private partnerships, family-enterprises in mainland China has implemented public-private partnerships, family man who is not a direct general business management. It seems that the next generation can enjoy the advantages of high dividend of life, from childhood to bear hardships and do not have to. According to some understanding that the person recalled Rong Zhijian, then Shiliu Qi Rong Zhijian, Shanghai is well-known "son." He had a red convertible sports car, drive out the regular open, he often invited friends to students International Hotel, the red house to eat, very generous. He is sports fans, the university is "professional baseball," team has representatives in Shanghai and Tianjin team participated in the game, "练球day, no lesson on the law."

1965, Rong Zhijian graduated from the Electronics Engineering Department of Tianjin University. Rong Zhijian and other young people, with wholehearted enthusiasm to the Changbai Mountains in Jilin under a hydropower station internship. 1966, and "decentralized" to the Liangshan Yi Autonomous Prefecture in Sichuan. In 2008 grass-roots work, family and future generations-the experience of the Shangbei have never experienced a temper, and his daily workers, migrant workers Mopagunda together, carrying stones, excavation side, moving machinery and equipment, carrying oxygen Bottles (by welding) down the mountain, the erection of high voltage power lines and climbed up mid-air, what are干过Cuhuochonghuo. 1972, Rong Zhijian returned to Beijing. Summer 1978, carry a pack and a simple one-way permit, the 36-year-old Rong Zhijian away from his family, bid farewell to their wives and children, Duchuang Hong Kong. According to "the rule of law lives," the report, Rong Zhijian of Diyitongjin this is earned:-home in Hong Kong have some assets, most of the shares of some textile mills, such as the Kowloon Sha Chang, Nanyang yarn, plants, etc.. Shachang of these shares did not move a dividend of 30 years, under which a sum of money plot. Rong Zhijian on with this capital, and cousin Rongzhi gold and Rongzhi-him joint venture set up in Tai Po, New Territories love card (Elcap) electronics factory, the initial products include capacitors, electronic watches and toys, etc., and later transferred to production Integrated circuits and computer-based random access memory. "At first, and I for one third of the share capital, but the factory made money, I personally share the profits of re-investment into account, I share stake to 60 percent, a total investment of a前前后后More than 1 million Hong Kong dollar. " Ai Rong Zhijian the sale of the Company, he personally received 7.2 million U.S. dollars, that is, he's 56 times more investment. The publication reports, Rong Zhijian the second barrels to earn the gold this: "As a businessman, I was the biggest success is not love cards, but with 82 cards from the love of money in the United States to develop a venture capital . "That year his work with the original IBM in the number of engineers in San Jose, Calif. cooperation in a joint venture founded the California auto design company, which is the first U.S. specializing in computer-aided design software company," my partner in this area are One of the best talent. Businesses from their responsibility, I still love the Hong Kong business card.

Zhang Li, R & F Properties real estate Part 3

2008-06-23T07:12:00.000-07:00

The creation of wealth miracle of the other half

Statistics show that since the beginning of 1996, R & F Properties Group's sales to double the annual average from 1995 to 30 million yuan in 2002 to 20 billion sales target this year even as high as 40 billion yuan, has started 10 Many small companies, to develop into today's real estate speculators, but over the years R & F Properties still use the original partners have been equally shares the "double boss" system, which in the domestic real estate sector is an alternative. Zhang Li track the wealth of stories, can not fail to mention the natural R & F Properties of the "other half" - the incumbent chairman Li Lian.

According to R & F Properties of the people, Li Zhang duo clear division of labor within the company, graduated from the Chinese University of Hong Kong's Department of Mathematics, Li Lian, in charge of corporate finance and marketing, responsible for the project of land and project management. Perhaps because of this, Lee appeared in public more opportunities for some.

On cooperation between the two,

Zhang Li said, "I and partner (referring to Li Lian) 10 years did not have red faces in the business community is also unique. We are not signed for any of the things we are talking about credit." This We can see that relations between the two is not generally comparable business partners.

Li Lian and the attitude on this issue, more from the company's overall operational aspects of starting, "We pay attention to compare the company team spirit, that is to say we do not the achievements of the company as a simple question of which person or any one sector credit . "

November 2001, after several years in a row after the rapid growth of business, R & F Properties Group, a wholly-owned subsidiary of Guangzhou days of the Real Estate Development Co., Ltd. were joint-stock reform, formally changed its name to Guangzhou R & F Properties Real Estate Co., Ltd., a registered Funds totaling 550 million yuan, the shares of listed companies immediately entered the counselling period, the source said recently there have been preparations for the listing to the most critical stage.

As one of the large-scale real estate enterprises, R & F Properties listed for the efforts being watched by the industry, and listing process will be relatively stable so far the company's unique ownership structure, the two owners of personal wealth changes in the value of what the impact , May be another focus people's attention.

Zhang Li, R & F Properties real estate Part 2

2008-06-23T07:11:00.001-07:00

R & F Properties the performance of new homes unexpectedly, to the duo Zhang Li made a booster, the company's strategic direction of the initial uncertainty, then we run out of control: from the earlier R & F Properties Plaza, R & F Properties Peninsula, to the last Started R & F Properties New Town, in Guangzhou to do before and after the 23 flats of more than 300 million square meters of floor, more than half of the urban demolition of the old factory land, and a company known throughout the country overnight Beijing R & F Properties City, the site Beijing is also a crane factory five old plant location.

The courage to take the risk of a Shi Ganjia

"Zhang is always a people who dare to take the risk", who has been in R & F Properties of the core departments, senior director of this evaluation of their former boss. 1995 decisive R & F Properties bought the square block the decision-making, fully embodies the Zhang Li "dare to take the risk" style of doing things.

An area of 120,000 square meters of R & F Properties Square, the former copper factory in Guangzhou and Tongji chemical plant location, the current R & F Properties Group Lu Jing, deputy general manager in an interview when he revealed that at that time to buy a piece of land must set an initial Factories pay 30 million deposit the money at the time of the R & F Properties, is not a small sum Furthermore, the Government has yet to be formally approved before the money can reach each other on this account » "High-level discussions were to 0:30 to make up its mind, even though there are many uncertain factors, the money should also set an initial plant, to express our sincere cooperation in the fight for this big project come back."

And Zhang Li himself says, "That the plant with copper, see 'devastated' Black, many developers have chosen to withdraw, and the factory we discuss whether we can hire, Wan Yidian Money. We started after one month, two months after the sale of flats. Project funds flow rapidly, the payment is very smooth, both before and after only eight months on the floor of the TAC. "

Some common sense of people understand that if the house at that time Maibu Dong, the capital of a fault, the R & F Properties blow will be fatal, but the fact that Zhang Li adventure success: in 1996 published the R & F Properties Plaza, regardless of the community Environment or apartment at the time the old town are the most beautiful, the average price sold more than 6,000 yuan per square metre, which make people from Guangzhou to one of the developers with the most modest of intuitive understanding, the company also has brought many honours , Is still R & F Properties from top to bottom on the development of the company as a major turning point.

This understanding of the events of the past, the subsequent R & F Properties First role that Beijing Tian Jia 3.2 billion to take land for R & F Properties City, the capital market almost triggered a storm moves, it is not entirely surprising.

However, he R & F Properties also stressed that the former executives, Zhang Li Although not afraid of adventure, but very realistic and hard work, quick response, working carefully. According to him, is a large group of veterans Zhang Li, also often顶着southern summer temperatures over 30 degrees, four personally visited the site and the importance attached to check the construction quality and product design effect. In his view, R & F Properties in cost control is better than a lot of peer companies, "Zhang total功不可没."

Zhang Li, R & F Properties real estate Part 1

2008-06-23T07:10:00.000-07:00

In an increasingly turbulent market boom of the strong temptation, decided to leave the organs and departments, by virtue of their courage, competence and specific opportunities and some of the resources necessary to dig a Diyitongjin difficult, and thus start to the cause of their life And towards the peak of wealth - this is almost the 1980s, late 1980s and early 1990s that domestic instalment of "sea" was successful joint venture of the struggle trajectory.

Zhang Li, R & F Properties Group vice chairman and general manager of the property, and take this road is.

Looking today the domestic real estate sector, R & F Properties Group's reputation and influence no doubt Rurizhongtian and, as ownership of the business half of the stake in one of the boss, Zhang Li apparently deliberately maintained a low profile, rarely in public and media appearances, this You Gen Most of the real estate tycoons such as Guangdong Zhu Mengyi, style YEUNG Kwok-keung, such as the same strain.
In the R & F Properties started in Guangzhou, the industry-first appeared in the name of the Regal list not surprised, a senior expert with the words "natural."

A family history: from the house foundation to the old factory site

According to the generally accepted view, Zhang Li officially join the real estate sector in 1993. He came from the original representation of Tianhe District, Guangzhou City Government has been out five years, during which mainly rely on to do the decoration and engineering design to make some money, coincides with the Guangzhou property market began warming up rapidly, of all people to have reached, he力邀came from Hong Kong Li Lian of a joint venture between Guangzhou days of the Properties Group Limited, with a total investment of 20 million yuan, the two sides each 50 percent stake, namely, R & F Properties was the predecessor of the property.

Ambitious days of starting the first year the company made three consecutive event, but because of limited funds on hand, the project will block the election in Tianhe District, Guangzhou Baiyun District and the suburbs of the Department, but many are cheap house foundation (that is, Farmers own land for housing construction). The following year, they buy Guangzhou nitrogen fertilizer plant workers hostels for re-development process note that many state-owned enterprises in Guangzhou established the need for transformation of the old city must be relocated, and this is definitely a large piece of parity in access to urban land so popular residential A good opportunity.

In 1994, they bought a chemical plant in the relocation sites, the development of the first quarter the company projects R & F Properties new homes, Zhang Li had allegedly later recalled, "That to rely on Mei Chang, next to the railway, Mo Rengan Buy, we Ganmai. That was received, the ground more than an inch thick coal there, we have coal shovel, then dry clean. A house sale, more than 3,000 yuan per square meter, people buy a house row From the team, has quickly sold out. Because at that time very few people engage in ordinary homes, almost no goods on the market, everyone Qugao grade A office space, high-end luxury flats. "

Gome Huang Guangyu: from small traders to China's richest man Part 2

2008-06-23T07:08:00.001-07:00

Gome low-cost strategies for small electrical appliances shop brought a lot of repeat customers. Is not only small profits but quick turnover, the sources under his foot on the effort. "At the time, washing machines, color TV, and so are the ticket supply, from the non-formal channels of such goods, we should think about ways. Sometimes, there are many many other products, no people to buy, I would like to approach from his hands Take over the goods. "In order to find a cheap and" good goods ", Gome is not the time and a lot of home appliances retailers, from Panyu in Guangdong trafficking in the vicinity of a number of smuggled goods, Huang himself has not answered positively, but the community Have a lot of rumors.

However, any case, you have to admit that Huang is a business genius. Huang Guangyu and his Gome in this market has left many traces, he pioneered many of the retail development model has become a common industry model.

1991, Huang Guangyu first thought of the "Beijing Evening News" in the joints started to "buy electrical appliances, to Gome" slogan, weekly published in the price of electrical appliances. At that time, the state-owned shops for your understanding also remain in the "Mai Budong advertising of goods only need to" level, even if some people want to learn later Gome's advertising strategy, but Huang Guangyu has 800 yuan to each of low-cost package under the newspaper In the joints.

Very little advertising for Gome to attract a large number of customers, electrical appliances shop business "not in the fire," and "selling all the stock and light." Huang Guangyu tackle a number of stores have opened, "the ho", "Asia and China" and "Henderson", the name so on, in 1993, has 78 small stores.

In order to avoid "consumer ads do not see where to buy products" of the situation, Huang Guangyu convince those products with image advertising dollars to do the Gome cooperation with foreign manufacturers to advertise, not only for manufacturers to reduce advertising spending, allowing consumption "Visible buy." Then Huang Guangyu also require manufacturers, gift Gome some samples for display, and set up a special counter to the corresponding products, so customers can see, to touch, the scene will be able to buy.

1992, Huang Guangyu in the Beijing area for the initial chain operations, he held several shops under unified named "Gome Electrical", thus forming a chain of prototype models.

To 1993 when, Gome Electrical chain has developed to 56. The Huang brothers wealth growth, because of the different business philosophy, the separation of the two brothers, Huang Guangyu points had "Gome" this brand and dozens of million yuan in cash. If Huang Guangyu of the many manufacturers in the retail market as a "price butcher", thus, Huang Guangyu initially created a "Gome" that the "butcher's knife."

24-year-old Huang Guangyu and his brother after the separation, he began the construction of one heart and one mind in the Kingdom of home appliances, and has since started to write him at an alarming rate and the wealth of Gome myth: in 1993, Huang Guangyu of the small window-dressing has become a major electronics store ; 1995, Gome electrical appliances from a store into a 10; Gome in 1999 from Beijing to the National……

"Between people is similar to that step only difference is sometimes half step." Huang Guangyu said. It was precisely with this leading "half step", Huang Guangyu confidence doubled to strive to expand. At present, Gome has 88 cities in the country to open 330 stores this year is expected to reach 400.

Huang Guangyu Introduction:

Huang Guangyu founded in 1987, Gome has developed into the current electrical appliances, China's largest retail enterprise. 2004 annual sales of 23.8 billion yuan in China, all enterprises in the chain ranked second. In addition to the retail outside, Huang Guangyu property in several billions of investment, and in the beginning of this year set up a Gome home buyers.

Gome Huang Guangyu: from small traders to China's richest man Part 1

2008-06-23T07:07:00.000-07:00

Hurun Report 2005 recently released list, Gome chairman Huang Guangyu Group of 14 billion yuan to the top of the wealth reelected. From an old people underestimate the small traders, hundreds of millions of people to the attention of today's richest man, Huang Guangyu of a family history or business or are being prepared will of the people to bring some entrepreneurial inspiration.

Huang Guangyu was born in May 1969. When I was small, Huang needy, the most difficult time, Huang Guangyu had picked up a run-down, seized the garbage. Because of financial difficulties, his 16-year-old junior high school graduation is not on the drop-out, with the 20-year-old brother from the north, Shantou, Guangdong, Inner Mongolia home to do business.

1986, 17-year-old Huang Guangyu (when he also called Huang Junlie) with his brother Huang Junqin, Chuaizhao in Inner Mongolia Cuanxia of 4,000 yuan, and then even borrowed the loan-to-bring 30,000 yuan, in Beijing the front door Chu City, 420 Main Street East, I was under a hundred square meters in the name of "Gome" the facade. There, Huang brothers to sell clothing, and later to sell imported electrical appliances.

"At that time I have been pondering the food business to do, but then people's consumption level not reached that level of doing business clothing, fabric, seasonal stress, I do not quite understand. Appliances and relatively stereotypes, I feel that they do together Also more appropriate. At that time, home appliances or a cargo Buchou Mai, you can see on the stock. "Huang Guangyu in the memories of the original business case said.

January 1, 1987, "Gome Electrical Shop" signs out of a formal link. Although there are goods Buchou Mai, but still decided to take Wong Brothers "uphold the retail and small profits but quick turnover" business strategy, and that was against the background of a seller's market, many businesses are using "raise the price, in a bid to profits" Mode of operation.

Huang Guangyu recalled that in fact there were "forced" ingredients. At that time, because the institutions are mostly state-owned commercial units, one, two wholesale stations, have their own channels and networks, the strength than his strong, and more opportunities than he. "As an individual enterprises to finding ways to attract customers, we must have our own things才行", when he devised the method is the simplest and most effective - small profits but quick turnover.

Xu Rongmao SHIMAO GROUP Part 4

2008-06-23T07:06:00.001-07:00

Xu Rongmao to invest 3 billion yuan in Shanghai, Nanjing Road Pedestrian Street high-rise building Puxi first "Shanghai WTO Square." Today, this 333 meters high skyscraper stands in the Huangpu River Bank, as if to tell the world like Xu Rongmao ambitions.

Lujiazui next to "SHIMAO Riverside Garden" pre-sale of flats attracted many competing queuing Allah, the only people completely clear, SHIMAO investment is an out-and-out on the beach into the "real estate speculators." Has an area of 220,000 square meters of the event is expected to be invested over 6 billion yuan, light Chaiqian Fei spent 1.8 billion yuan.

Today, Shanghai Speaking of the industry "luxury apartments" that will "SHIMAO Riverside", six high-rise luxury apartments and one of the 60-storey hotel, 70 percent of the apartment was fully displayed the green Xu Rongmao's investment philosophy, which is currently Shanghai, the most luxurious properties. According to Shanghai, Wu Jiaju valuation, SHIMAO Riverside Garden of the construction cost per square metre and donated equipment and interior decoration, the total price for 10,037 yuan, sales per square metre at an average price of more than 1,600 U.S. dollars.

Faced with the Bund bright lights, and the Oriental Pearl Tower, Jinmao Tower, Shanghai International Convention Center Bijian而立, SHIMAO Riverside Garden is an excellent site, for a time, Xu Rongmao's unique vision and the broad masses of Mitac become the focus of the trade debate. As everyone knows, this can get lots of items and transformation of the old city of Shanghai is not an easy task.

15 million square meters of land reserves

Real estate is a land battle, and Xu Rongmao of the terrible lies ahead of his vision and the decisive shots.

1988, the National People's Congress to amend the draft constitution provides that "the land use rights can transfer in accordance with the law." Xu Rongmao is to seize this opportunity and develop the first commercial use in the project. Subsequently, Xu Rongmao a series of "combination of boxing," he laid the real estate industry in China's important position.

In recent years, Xu Rongmao in Kunshan, Nanjing, Wuhan, Fuzhou, and other areas of the hand, the project up to more than 10. At the same time, he also stepped up the pace of the western region, and vision invested abroad, the first in Russia to develop two projects.

In July of this year, Xu Rongmao's real estate SHIMAO successful listing in Hong Kong to issue Hong Kong dollar 6.8425 per share of 6.25 billion new shares, together with the private placement in March this year, 1.58 billion Hong Kong dollar, the total financing of about 5.9 billion Hong Kong dollar. First half of this year, SHIMAO real estate performance is outstanding, net profit rose 130 percent to 703.6 million Hong Kong dollar. At present, SHIMAO real estate owned land reserves of 15 million square meters. He boarded the 16 billion yuan worth in 2006 Hurun Report list of the location of section 4, 2006 magazine is the top list of real estate tycoons.

"When a person has some wealth, think of to contribute to the community. As a community member should contribute more to society force." Xu Rongmao had this to the media about the wealth of their own. According to statistics magazine, 2005, Xu Rongmao to around Charity contributions of up to 77 million yuan.

Xu Rongmao SHIMAO GROUP Part 3

2008-06-23T07:05:00.000-07:00

Investment in real estate, not to deal with government departments is almost impossible. Many people of wealth made by Xu Rongmao curious about, what his secret, unpredictable risks in the real estate market to cope, Fanjiangdaohai » Also spread in the community many of Xu Rongmao wealth of different interpretations: as an entrepreneur, he well aware of the importance of policies on enterprise, the importance of communication between government and enterprises. Therefore, Xu Rongmao listen to most government officials, went to development, local officials and the relations are very good. This is Xu Rongmao Is the property of the source of wealth »

Mopagunda in real estate, 10 years later, Xu Rongmao gradually worked out their own investment strategy, coupled with high-grade export. Xu Rongmao in Beijing for almost the entire development of the export is high-grade apartments, the event he went to Beijing accounted for almost 1 / 3 more than the high-end residential market.

2000, the Beijing real estate from cold to hot again confirms Xu Rongmao perspective. Others are not optimistic about the situation, make moves every time he's steady, accurate, relentless, Zhaozhaoliaodi advantage, Zhao Zhao earned a bowl full pots overflow.

Ambitions unabated into the beach

"Shanghai is a foreign-funded enterprises and multinational companies gathered in the place, here are my ideas rooted in the soil." Summer of 2000, Xu Rongmao will shift investment focus from Beijing to Shanghai.

Xu Rongmao, as always, the Huangpu River Bank in search of "prey." If you Dartmoor on the Bund in Shanghai, you will be on the Bund to the North Bund Garden Riverside Hotel and the WTO by the amazed. That is Xu Rongmao masterpiece.

That was 2000, A-share market in Shanghai Vientiane group loss came the news, shares plummeted a time Vientiane. At this point on, SHIMAO GROUP under the Shanghai SHIMAO investment in the development of Vientiane Group Ltd. purchased 26.43 percent stake in the A-share market backdoor listing. But it is inconceivable that entered the Vientiane after, Xu Rongmao put Hengyuanxiang, such as high-quality divestitures. Afterward, Shanghai, Xu Rongmao people understand the care and thought that he watch a treasure land of the Vientiane - the most prosperous Nanjing Road in the lot, opposite the Shanghai No. 1 Department Store in an area of 140,000 square meters of land.

Xu Rongmao SHIMAO GROUP Part 2

2008-06-23T07:04:00.000-07:00

From the lions into the real estate industry

1989 is Xu Rongmao investment in another "watershed", Xu Rongmao a foot a year for "hitting" into the real estate. And he has the one "experimental field" in the choice of home lions.

Many people may have the impression lions, Xu Rongmao after returning, in one stroke for huge amounts of money to build the hotel-lion and the lion-economic development zone and then proceeded to the development of an area of 6,000 acres of "Taiwanese Gold Coast resort" and become the largest stone lions Real estate investors.

But the swiftly changing, Xu Rongmao caught unprepared. For reasons known to all, the domestic investment environment suddenly become uncertain, taking into account the safety of their investment, Xu Rongmao was slowing down in the Mainland of these projects, in 1991, Xie Qi scallops to Australia.

In Australia during the period, Xu Rongmao still not given up the pace of investment. He invest a lot of money, in Sydney and the northern city of Darwin, Australia start real estate business.

Under the Imperial root of the high-end market

1995, a Beijing real estate market slump, developers have Jiaokubudie. At the same time, with a Taiwanese accent of the middle-aged man has roots in the imperial capital under frequent enclosure.

1995, Xu Rongmao the development of an area of 100,000 square meters in the Asian Games Garden. 1997, covering 200,000 square meters of central China and Macao Open. 1999, covering 160,000 square meters of the Zizhu Garden Open. 2000, covering 200,000 square meters of the Royal Lagoon Park Open, the total investment reached 4 billion.

Xu Rongmao SHIMAO GROUP Part 1

2008-06-23T07:03:00.001-07:00

When the 56-year-old has 16 billion yuan of assets, in charge of the scale of 20 billion yuan of real estate Kingdom, Xu Rongmao name, as if has become a synonym for wealth and success.

In lions born Xu Rongmao-chuen, who is perhaps the most rich and legendary figures, made Chinese medicine, as a securities dealer, opened a factory, a real estate until the Kingdom of predators. After the accumulation Xu Rongmao, each time make moves, always Juchongruoqing, investment risks into the invisible.

Textile stocks Quanshenertui Office

As parents从医the reason, Xu Rongmao just young career, the natural son for the father of industry, the choice of traditional Chinese medicine.

"Chinese medicine stresses peace, not some trivial matter for the impatient. I think there are some very smart, but not hot to consider the consequences, so this is the cause of Taiji." Faji after many years, Xu Rongmao that since the early years of career从医Their great benefit to future business.

In the 1970s, will only speak Mandarin and the Minnan dialect Xu Rongmao Chuangdang Hong Kong alone. He played the first workers are in the pharmacy, when the waiter, of having only a few days, unable to meet because of Cantonese, also went to the factory to.

A chance opportunity, he became a securities dealer, then out of an admission that he accepted the shares in the money "baptism." Xu Rongmao has gradually found his keen judgement and exceptional investment talent, he did not did not expect his personal assets will rise in so fast. From 1981 to 1983, he earned two years before the life Diyitongjin.

32-year-old Xu Rongmao, worth over 10 million, started in the capital markets Zhangxiushanwu. Act quickly, Xu Rongmao, Quanshenertui from the stock market, stem from the Industry. In 1988, he set up textile mills to invest in Hong Kong. Later, taking into account the low cost, he again Changzi built to the mainland, place the election in Shenzhen and Lanzhou, are doing the textile and clothing products are mainly exported to the United States. With OEM production, Xu Rongmao the cause of the territory since the beginning extended to the mainland.

Nine Dragons Paper Zhang Yin, chairman of the balance of the Road Part 5

2008-06-23T07:01:00.002-07:00

During the interview, Zhang Yin sincere, straightforward, cheerful, and she not only chat about her business, she also talked about the life and the family experience. Born in the 1950s military families Zhang Yin, despite Youshi needy, there are seven brothers and sister to take care of.

But recalled that period of time, but she was Fenwai sweet, she said: "At that time, although only Fengnianguojie eat meat, clothing is patchy, but because of the scarcity of material so I think it's valuable . Parents always encouraged us to face an independent life, to solve the problem, this is the cause for me now to lay a good foundation. "

Zhang Yin may not be aware of their own, unknowingly, she has become the world's richest self-made woman Regal, followed by Spain Regal Luosaliya • Marakon woman, in her pajamas and underwear to the And started manufacturing.

Therefore, Zhang Yin's proposal for women entrepreneurs will be especially valuable. She said: "Women entrepreneurs in the business before we must first clear its position to know what to do for themselves, not reluctantly followed by a broad-minded and dare to break through the pressure and then be in good health, physical and mental balance achieved. In addition, Family and career women is the balance between access to cause the key to success: You must be with the other half of your common cause with the same dedication and love for all to the cause of weight, mutual understanding, this will have a happy family life. "

With all the other mothers, their children's success may be the cause of Zhang Yin, than the success of more meaningful. Her son is currently enrolled at Columbia University, a master's degree, she is most proud of things. As Zhang Yin from childhood indoctrination, her son on the paper industry has a keen interest in holidays will attachment to the factory. Zhang Yin gave his son a goal from a young age to cultivate their independence and sense of responsibility, because in her view, this is a hundred years to the future development of the quality required by the Foundation.

On the cause of the harvest, and love the good, the education of their children's success, all this comes from the balance of Zhang Yin Road, balanced and well-being, self-confident and beautiful.

Nine Dragons Paper Zhang Yin, chairman of the balance of the Road Part 4

2008-06-23T07:01:00.001-07:00

As work habits, "Hurun Report" in the course of an interview with Nine Dragons Paper called for private enterprises, Zhang Yin corrected this view. She said: "Nine Dragons Paper is an entirely from foreign-funded enterprises in Hong Kong and the United States." Of course, the reason why we so-called Jiu The purpose is to be Jiu Long and a number of private domestic paper companies do, but In Zhang Yin, the Jiu Long have their own professional perspective and professional team, will concentrate on our own road. And paper and domestic private enterprises is more competition than harmony is to make money. "

Zhang Yin is also our focus on rare, and she was very determined to say: "Nine Dragons Paper will not enter the field of newsprint." But she is now operated by the wrapping paper, it is quite diversified, she said: "Jiu Dragon's customers are global, its biggest customer accounts for only 3 percent of total sales, 40 percent of the customers are foreign enterprises and direct exports, including many Fortune 500 companies are our customers. "

It is precisely because Zhang Yin and professional team ahead, focus and determination, Nine Dragons Paper has become a market value of more than 300 of the 100 million Hong Kong dollars of international listed companies.

From the poor

Although the creation of an astonishing enterprise effectiveness, but also strongly believes in the importance Zhang Yin social benefits. Talking about environmental protection, she unthinkingly, said: "No green, no paper." Public welfare undertakings in the area, Zhang Yin has its own unique view: "enterprises and companies must strike a balance between community. Each year we From the poverty-stricken areas to recruit hundreds of children for their university study and stay in Jiu Long Xuecheng Hou work. This will help the community, but also help the enterprises. In addition, I not only do good things themselves, but also encourage employees to do more charity Cause of the harmony is the only way to better promote the good-hearted community as a whole. "

Nine Dragons Paper Zhang Yin, chairman of the balance of the Road Part 3

2008-06-23T07:00:00.001-07:00

As Jiu-long performance so that investors agree that the listing in a short period of less than half a year's time, become the "Morgan Stanley Capital International" Global Index, the standard index constituent stocks, and joined the Hong Kong Hang Seng Composite Index. On March of this year's IPO, Zhang Yin still am very excited about.

She said: "The industry's growth; China and South Africa-based large and stable supply of raw materials; Jiu-long management of the development of forward-looking vision, specific business philosophy; ahead of the environmental protection concept of sound management and ancillary services and scale Jiu-efficiency is listed at authorized access to the important reasons for investors. "

Amazing efficiency

In "Hurun Report" magazine in an interview the day before Zhang Yin, we have spent an afternoon visit to the time of the Nine Dragons Paper factory in Dongguan, and the automation equipment, environmental protection and supporting left a very deep impression: of And tens of thousands of square metres of the paper mill only several dozen members of staff and all the environmental protection equipment are imported from Europe, the self-built thermal power plant not only in their own production to meet the needs of power shortage in the market when there are redundant power the Internet, the two sides Proceeds, to be put into production after the new machine can balance their own use of electricity; built-in terminal and the endless stream of hundreds of vehicles owned truck plant in the busy shuttle, which is perhaps listing of Nine Dragons Paper was the most sought after investors Direct cause.

Successfully brought the listing of Nine Dragons Paper is an opportunity, but also a challenge. Prior to listing, Nine Dragons Paper is Zhang Yin private companies, develop the necessary funds can only rely on their accumulated profits and bank loans. The launch, to the Jiu Long laid the international capital arena, the Jiu Long continue to seize more opportunities.

Zhang Yin, said: "No prior to listing, the market demand while some exist, but they can not fully meet the market demand to seize the opportunity, after the listing, Jiu Long will better grasp the future development opportunities. We recently received 350 million U.S. dollars of syndicated Loans, the yield can be further expanded next year to 5.35 million tons, 08 of 7.15 million tons, when capital expenditure will reach a total of 7 billion yuan. "Zhang Yin and the challenge is when the market seems low growth, how to establish business Cost advantages, while China and South Africa Nine Dragons Paper Holdings is the hinterland, but Zhang Yin will not be treated differently Jiu Long and other customers, because the transparent, fair prices and South Africa is the Founding of the party. Therefore, she is more concerned about how the R & D and cost control innovation.

Nine Dragons Paper Zhang Yin, chairman of the balance of the Road Part 2

2008-06-23T06:59:00.000-07:00

With Hong Kong's industry experience, integrity guidelines, adequate capital, banks and the support of a clear and specific objectives, starting in 1990, Zhang Yin of China and South Africa holding company papermaking raw materials has become the largest U.S. exporter of raw materials recycled paper And has been reelected. China and South Africa is currently holding the world's largest paper exporters of raw materials, export more than 5 million tons and an annual rate of 30 percent at a rate of businesses in the United States, Europe, Asia, the export industries in the United States ranked in the number of containers Ranked first.

Now the world because of papermaking raw materials market has entered a price transparency, competition in the era of low profits, Zhang Yin described in Indochina, holding frequent use of "stability" and "solid" and other words, stable cooperation partner, a stable management , A solid network of raw materials into China and South Africa now holding the core competitiveness.

Zhang Yin and decisively to seize the 1980s China's paper making raw materials market gaps, but she is the cause of the peak in 1995 after. She told the "Hurun Report" magazine: "The United States rich in raw materials market paper, I laid a foundation for the future development of the cause. At the same time, I also from the international raw materials markets saw the future of China's paper market and in 1995 voted in Dongguan Construction of the Nine Dragons Paper. "

Although a woman, but in the time to do investment decision-making, Zhang Yin is connected with men are difficult to match the courage and vision. In the 1990s when the majority of China's paper mills is only about 50,000 tons in the year-scale, machine is also used by the domestic machine, but Zhang Yin in Dongguan production of the first machine is 200,000 tons a year Production scale, but from the beginning into the paper industry, Zhang Yin for her first in the world on the wrapping paper manufacturers set the goal of a detailed plan, in Dongguan and Taicang in Jiangsu with an annual output of the land to 9 million tons wrapping paper.

She said: "We have several in Taicang Qianmu land in 2000 before and after such a large scale to take is unique. Advance the vision, a large number of pre-investment allows us quickly become the industry leader." After a few years , Because China's growing demand Liner Board, Zhang Yin continue to invest large paper machine, Nine Dragons Paper become the world's eighth, the first of wrapping paper manufacturers.

As Zhang Yin in the Nine Dragons Paper was first established on the international scale, the benefits for the international goal, after 10 years of Jiu-long efforts of people, only spent a short period of seven months, Nine Dragons Paper on this year March 3 listing in Hong Kong and, ultimately, was 578 times over-subscribed, fund-raising 3.8 billion Hong Kong dollar.

Nine Dragons Paper Zhang Yin, chairman of the balance of the Road Part 1

2008-06-23T06:57:00.000-07:00

Balance, stability, focus.

This is "Hurun Report" magazine reporter on the Nine Dragons Paper chairman Zhang Yin4-hour interview, the Chinese Women's richest man, the most repeated words.

Since her statement, the company responsible for the few specific issues only related to the development of some leading macro-strategy, and all this is actually the implementation of the objectives and the balance between the company and the balance between social, career and family balance.

Hong Kong Venture

Although since 1990 and her husband had gone to the United States and South Africa co-founder of holding, but Zhang Yin still Xiangyin no change in the thick of speech in the northeastern accent also makes people feel particularly warm. This seems to be also means that although Zhang Yin in the United States was a huge success, but her future is rooted in China.

Zhang Yin native of Shandong, was born in the northeast, after completing their studies, done in the factory industrial accounting, and trust in Shenzhen under the joint venture company in the financial work, until in a Hong Kong trading company doing business in wrapping paper.

1985, Zhang Yin in the Mainland to give up the achievements alone carrying 30,000 yuan to the Hong Kong Venture. Recalled that period of time, Zhang Yin said: "While engaged in the waste paper recycling is more people of lower educational level, but especially stresses Lutheran Church, and I am particularly Touyuan, plus I insist on the quality of waste paper, just to catch up with Hong Kong's economic boom period, the six years I have completed a part of capital accumulation. "

But in the end only a small island, limited raw materials, in order to seek greater development, Zhang Yin and her husband decided to move to center of gravity will cause the world's largest raw material markets - the United States. Just arrived in the United States, Zhang Yin on their own for a goal, the United States as soon as the king of papermaking raw materials.

Agile President Chen Zhuolin housing prices in Guangzhou

2008-06-19T03:45:00.000-07:00

Agile Group Chairman Chen Zhuolin said that the increases in property prices in Guangdong last year, more than 9 percent, acceptable, but the Guangzhou property price increases of more than 30 per cent, and unreasonable, but Chen Zhuolin that future property prices in Guangzhou there are probably about 10 percent of the increase .

Chen Zhuolin in yesterday's Agile real estate (3383) Performance conference made the above remarks, Chen that property prices in Guangzhou are around 10 percent because of increases in Guangzhou on the market demand is still there. He also said that the Guangzhou recently introduced seven measures to suppress prices, the developers in terms of pros and cons: The disadvantage is likely to encourage local developers speed up the launch event, where it is beneficial to allow developers time to add land reserve.

Conference, Agile chief financial officer, said Zhu Xiaolian, 2006, Agile area of the flats sold a total of 2.07 million square meters, 09, 2008 and is estimated to be 3.1 million and 36 million square meters, Agile currently has about pre-sale floor 620,000 square meters, accounting for 30 percent annual target.

Chen Zhuolin said, Agile Guangdong land reserve Group about 70 per cent of land reserves, other provinces accounted for 30 percent of the total land reserves have reached 22 million square meters of land costs remain at 627 yuan per square meter level, the relative Lower. Chen said the next two years will continue to Agile Guangdong as a base to the city centre in Guangzhou and other provinces to expand land bank, but the number could be reduced than in 2006, and will raise the proportion of commercial real estate.

Agile gross margin from 05 32.4 percent, rose to 34.5 percent, net interest rate from 18.2 percent, to 18.5 percent, the average price from about 5,600 yuan, rose to 6,100 yuan, an increase of about 10 percent, the average price increase slowed down, During the period mainly due to the sale of the villa area ratio has reduced. Agile is expected, medium and long-term gross margin could be maintained at 30 percent, the net interest rate will be 18 to 20 percent between.

Xu Jiayin Hengda Real Estate

2008-06-19T03:31:00.002-07:00

Xu Jiayin1996, founder of Hengda Real Estate, 2002年entered the "King of energy", will be renamed "Hengda Real Estate" to achieve backdoor listing. 2003, Xu Jiayin will Guangzhou's Huadu Lvjing Real Estate Development Co., Ltd. 90% of the equity placement "Hengda Real Estate." 1999, Hengda Real Estate Enterprises in Guangzhou is ranked 30-seventh overall strength, leapt to sixth in 2000, fourth in 2001, 2001, Guangzhou City, is ranked 10 major investment in the development and construction of the Fourth Group , And all this only spent a short period of only six years time.

Xu Jiayin

Cost management and control capabilities has been the core of Hengda

Xu Jiayin statement since there is no "questions, the property market," nor is there any "magic." He believes that today's achievements in Hengda, a major with two points, a market positioning is a strategy in place. For a project to market orientation, have a highly targeted, clear objectives, what is what, then in the architectural design, landscape planning, community support, etc. must be carried out around this location; strategy in place, That is, have a clear direction, the implementation strategy in every detail must be in place. From this point Jinbi Garden, Jinbi Royal Water Villa on the popular sales can be verified.

Jinbi Garden development from 1997 to date, has completed the development of cumulative sales of nearly 600,000 square meters area. Jinbi and from the Royal Villa with water, planning, implementation and selling only spent a total of more than six months time. The development of high-speed and cost control in the whole process so that the Jinbi series brand on the market can always maintain a strong competitive edge.

In addition, cost management and control capabilities has been a Hengda the core. Such control is not reflected in a specific area, but the whole process of control. We ensure the quality of the premise, from the land reserve, built on the development, planning and design, construction, marketing, property management, and all other processes must be in place on cost control, coupled with scale and lower costs.

Capital players bigger and stronger real estate

Xu Jiayin the media Tanchen the purpose of the acquisition of energy-king, through the integration of a listed company's capital structure platform and, through this platform will be all kinds of tangible and intangible assets and integration of social funds, real estate and other fields to further expand Strong. Hengda King has now changed its name to Energy Hengda Real Estate, the company also indicated that the reorganization of assets and capital to accelerate the pace of the operation.

The charm of the land

Guangzhou Hengda in the land at one stroke to win the auction block-ship, and prepare them for this block planning for the whole River in the high-end residential quarter, the unit's main event Hengda positioning extended to new consumer groups, such Hengda The flats on the gradual improvement of product mix, both in the face of Regal Jin Bihua top House, but also against the majority of the salaried class Jinbi Garden, the white-collar workers are facing the city of Xian Ting Bibi water and living like this for the old town The success of the block-ship.

On the real estate bubble

Xu Jiayin that the vacancy rate increase in the property market is an important signal, it shows that the overall market supply and demand changes. However, because the real estate market also experienced a number of fluctuations, the real estate market to improve macro-control capacity of many, many enacted to prevent overheating in the real estate market policy, the entry threshold of the real estate industry than before, plus On the consumers themselves are also increasingly mature, the development of the real estate market there is still a certain space, but certainly very intense competition, which requires developers to continue to upgrade their competitiveness. He believes that from an overall perspective is optimistic about the environment, Guangzhou in the land grant system, pre-sale management of the growing maturity on the formulation of norms, contribute to the healthy development of the property market, a decrease of developers in the development of the burden, and Guangzhou The real estate market will be increased in volume but in terms of price, there will not be much volatility.

Yang Huiyan Yang Guoqiang Country Garden "Biggest landlord"

2008-06-19T02:57:00.000-07:00

Country Garden (2007.HK) the myth of wealth continue to write. This started in Guangdong's Shunde enterprises not only created the richest man in China, Asia's richest woman, only 26-year-old Regal, also created a number of tycoons.

Has just released the "Forbes" 2007 China rich and the top 40, in addition to the richest man in Yang Huiyan, there are 2 for Chu Yang, the District Xueming, Suru wave, Zhang Yaoyuan tycoons such as four, were out 14,37 , 38,39 people. They are the shareholders of Country Garden Group, is also its founder.

Country Garden is because in April this year and listed in Hong Kong come to the stage from behind the scenes. Listed on the same day that the market value reached 118.937 billion Hong Kong dollars in property stocks listed in Hong Kong after Li Ka-shing's Hutchison Whampoa and Sun Hung Kai Guo Bing Xiang's, in third.

Yesterday, Country Garden in Hong Kong shares close at 13.22 yuan, the scale of its market value has more than 210 billion Hong Kong dollar. Yang Huiyan in his father, Yang Guoqiang transfer all the shares after the Group of major shareholders, holding Country Garden70% stake in the company's largest shareholder. After the listing, Yang Huiyan of the shareholding ratio dropped to 59.5 percent; Yang-2 for holders of 1.632 billion shares, the shareholding ratio of the expanded share capital of 10.2%; Suru wave, and the District of Zhangyao Yuan-ming, three of the holders of 8.16 Billion shares, accounting for 5.1 percent.

The 56-year-old Yang Yang Guoqiang and-2, in the early 1990s Tengyue construction company jointly founded, and as Tengyue and Shunde Country Garden company's director and deputy general manager; Suru, 52-year-old wave, 61-year-old Zhang Yao Yuan and 57-year-old Xue Ming District, joined Tengyue Shunde Country Garden and the time-2, and Yang, now four and Yang Guoqiang sharing of wealth, no family ties but four pro-such as brothers.

1992, Yang Guoqiang Tengyue construction company for the Shunde a developer with funding the construction of the 100 sets of villas, houses the cover, if the macro-control, the banks were ordered severed ties with running the real estate business, once keen on speculation The people also disappeared from the scene of the purchasers. Under such circumstances, investment projects fundamentals Yuyi fire dying state. When Yang Guoqiang projects requested by the developers to pad costs, the developer ultimately agreed to modify the way for Yang Guoqiang has been covering the sale of villas, to write off sales of construction costs. This villa is a few hundred units, the predecessor of the Shunde Country Garden.

1999, Country Garden into Guangzhou, also entered a rapid development in the fast lane, has so far developed several dozens of Country Garden flats, and has 54 million square meters of land reserves, China's largest "landlord."

Nano-Technology Can Help More Large-Scale Solar Cell Production

2008-01-03T06:25:00.000-08:00

Israel Bar-Ilan University scientists announced in early 2008, using nano-technology production of the solar cells than typical solar cell is 100-fold larger. Bar-Ilan University nano-technology Institute of Technology to complete this nano-technology development. In the patented technology, the researchers will test the conduction wire buried under glass in the form of its efficiency solar cells with conventional silicon-based solar cells similar, but much cheaper to produce.

Professor Zaban has produced 1 cm2 size of the photovoltaic cells, battery size can now has reached 10 cm × 10 cm, upgrade the technology of solar cells for commercial purposes.

Source: 国际新能源网 Jan. 3, 2008

Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 2

2007-12-30T07:41:00.000-08:00

Two major turning point

The summer 1993, secondary school graduates that year, Peng did not do so to studying abroad.

"I went to try to earn money, go round the dream of studying abroad." Years later, Peng did not regret that, not only this, that a few years after graduation to the time Peng Xiaofeng adequate training opportunities for the he has a very introverted young man, started to grow into a competent entrepreneurs.

After graduation, Peng Xiaofeng assigned to the Jiangxi Province Jian import and export companies. After three years, that is, early in 1997, Peng left there, with only 20,000 money Shanghai thought their battles.

That is his life the first great turning point. Peng Xiaofeng want to do foreign trade business, he hoped that work, in Shanghai, but the young Peng Xiaofeng soon found that the hands of only 20,000 money, and even can not afford to pay the rent all. He had to choose entrepreneurship in the local Suzhou.

"At that time also unlike the Suzhou now so advanced that rent is cheap." In March 1997, Peng Xiaofeng made its own in Suzhou's foreign trade business. Peng Xiaofeng gradually began to realize that if you want bigger cause, must be done Industry, and Foreign Trade is not a simple business.

That year, Peng Xiaofeng start with the labor protective gloves, clothing, shoes, glasses, and other business. Peng Xiaofeng labor insurance business will be done in 2003, he knew that this industry is already very mature industry, there can be no significant development. So, he started looking for a new investment direction.

"Frankly, I did not know what sectors should be done." Peng Xiaofeng recalled at that time was confused and slightly laughed, "but I went to Europe, such as travel time, I have seen the development of renewable energy opportunities . "

In 2005, Peng Xiaofeng Jiangxi Xinyu created in the LDK Solar, Peng Xiaofeng life achieved the second major turning point.

Source: 华夏时报 Cao Kaihu Dec. 30, 2007

Link:
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 1
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 2

Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 1

2007-12-30T07:35:00.000-08:00

December 18, because the former employees and Charley Situ expose the outbreak of the "Stockpile-Gate" incident of the United States New York Stock Exchange listed company, the concept of renewable energy enterprises - Jiangxi LDK Solar announced an independent investigation results show that the company did not exist allegations of the issues involved.

On that day, light rain in Jiangxi Xinyu, a 40 billion worth of Hurun China Rich List ranked sixth, low-key LDK Solar Peng Xiaofeng, chairman of the "Stockpile-Gate" after the first interview with the media, has opened its own mysterious veil.

School business

The formal interview, a suit and sit in front of reporters Peng Xiaofeng obviously is not used. According to the staff of LDK Solar, Peng Xiaofeng LDK Solar in the United States prior to listing rarely wear suits, that is listed in the formal occasions, will be wearing suits.

"I am the person that is the case, kept a very low profile." Peng Xiaofeng said that he was willing to interview, mainly due to the outside world LDK Solar lot of misunderstanding, lack of understanding, that LDK Solar mysterious, "In fact, I do not normally interview also One important reason is that the company is still at an early stage, a lot of work to be done, I hope that more of the time on companies. "

Peng Xiaofeng in the study, it is an introverted person. In 1975, Peng Jian was born in Jiangxi Province, a rural family. 5-year, Peng because reading entire families from the countryside to move to the town. Junior high school graduates that year, the county champion Peng to the identity of Jiangxi's school enrollment (now Jiangxi Province Foreign Vocational and Technical College) International trade professionals.

"At that time, I hope my father must struggle Chengjian professional, because it is very easy to find stability in the city's work." Peng Xiaofeng said, "But, I do not like, I like physics, the child wanted to be a physicist. That time I wanted to test GRE, with scholarships, and studying abroad, because we do not want to give up foreign languages, and therefore opted for foreign trade professionals. "

It is interesting that Peng secondary school in a few years time, it has exposed some business-minded.

Because like English, he usually has to make sense of some foreigners. Since then, Peng began in the oral language school courses to do, because usually the accumulation of a number of good relations with Peng Peng foreigners joined the training course.

"Office training courses, on the one hand can improve their level of English spoken, but also can earn money." Peng recalls that period of time, seems to have been missed, "at that time very happy, but also earned a few hundred yuan.

Link:
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 1
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 2

Solar Battery Industry May Exist Bubble?

2007-12-27T06:55:00.000-08:00

10 overseas listing of domestic solar manufacturers, as well as other suddenly popular Chinese manufacturers of solar photovoltaic industry is international in an important pillar of strength and prospects for the future development of how the EU-China Energy and Environment project manager Han Fei come to the conclusion that the long term solar market products supply exceeds demand. However, including Suntech Power (STP.NYSE), and Trina Solar (TSL.NYSE), and other leading manufacturers do not agree with this view.

Yesterday, in the "Second China International Forum of new energy", Han Fei said, although the international market has continued to be popular demand, but because the overall production capacity to enlarge to 2010 global demand is 4.2 GW, Yield is 14 GW.

He said that in 2006 the top five global markets are Germany, Japan, South Korea, the United States and Spain, with Germany occupy 51 percent of the market, and several other countries of the region accounted for 21%, 14%, 10% and 4%. But there is one point worthy of attention, even though Germany is a face-lift capacity of 1150 MW, brings solar cell area reached 675,000 square meters, but the German photovoltaic market growth to zero in 2006, 2007 to 2010, the projected growth is not high, from 1265 MW to 1610 MW, but the annual growth rate of 10%.

According to his research, the greater the potential of the Spanish market, the annual growth rate is about 60%, "the Government of Spain in 2010 that exceeded the size of 200 MW, but now look at the Government to reconsider plans, this would certainly exceed the scale, it is estimated that by 2009 will reach 319 megawatts in the figures. "the Japanese market is Germany's third photoelectric market capacity, but development is not very healthy," the United States is different, the annual solar capacity will rise more than 50% each year . "

He suggested that, if the goal of all continents together, the 2010 total market capacity is 20 G Watts, an annual increase of 20 per cent to 30 per cent, worth about 20 billion euros.

Han Fei more worrying is that due to the excessive growth of the downstream production, solar photovoltaic industry as a whole into an excessive competition.

However, the EU representative said, Suntech Power obviously do not agree. Chairman and CEO Shi Zhengrong yesterday told reporters that the oversupply still hinges on whether the cost and price, "the lowest cost, then the products are more easily sold." And the company's financial director Zhang Yi said, in fact most of the front of a surplus polysilicon manufacturers, "upstream polysilicon manufacturers increased by many companies, which for us is a good thing, upstream silicon material sufficient, then price will be down, we will naturally reduce the cost. "

Trina Solar Gao Jifan chairman said that from 2007, as far as solar cells and modules demand remains large, the upper reaches of the polysilicon supply will be some tension, but in 2008 some of the major polysilicon manufacturing enterprises will be part of release capacity, market demand to ease slightly, "we did have a very strong competition, but to look at the specific operation of the enterprise is how."

Source: 第一财经日报 Wang You Dec. 12, 2007

CHINT Group Plan Construction of Europe's Largest Solar Power Plant

2007-12-26T07:00:00.000-08:00

China's largest and the world's third largest manufacturer of low-voltage electrical CHINT Group since announced billions of investment into solar energy industry, finally exposed a vast overseas Solar Programme. CHINT reporters yesterday from the Zhejiang solar technology companies confirmed the general manager Yang Liyou, CHINT Group has decided to invest in Spain one of Europe's largest solar power plant, involving funds of up to 120 million euros.

Yang Liyou Another duty is The new energy of the federation executive vice president of National Association of Industry and Commerce.

"This is CHINT Group to 'go global' strategy represents an important step after CHINT project has been engaged in with a considerable strength, and the foreign direct investment in large-scale solar power station is the first time." Yang Liyou right told reporters.

According to him, CHINT Group will be its overseas partners building this project, the solar technology to be used to come mainly from CHINT own. This collaboration will change the past, only CHINT Group sells its products in the local corporate image, the company will use this opportunity to integrate into the terminal market, and further in the local deep plowing.

We understand that this information is CHINT Group chairman and chief executive officer Nan Cunhui Galicia in Spain and representatives of the Government and entrepreneurs at a forum for the first time disclosed. Galician regional government officials and the region's most well-known entrepreneurs all attended the meeting, and fully displayed the Spanish side CHINT Group of the importance of this investment. According to local media reports, the Government has Galicia solar industrial park project, Galicia in the next few years as the economic development of key projects, the success of this project will have less developed industrial economy Galicia have a tremendous impact.

In the forum, said Nan Cunhui, CHINT Group for Galicia's investment environment and solar power generation industry in Spain has a good prospect. He disclosed that this plan solar Industrial Park, covers an area of 20,000 square meters will be reached, the industrial park will build a 20-megawatt power solar power plants, the whole project investments over 120 million euros. The entire project will create 18,000 local jobs, its annual output value will reach 2 billion euros.

"Local government on this project very much support, in addition to direct help address CHINT Group choice, select partners, but also through trade associations to promote coordination between the parties, the granting of preferential policies also can be said to provide a full range of services." Yang Liyou told reporters that this is a win-win and mutually beneficial projects.

He said that the preliminary estimates, the project will be completed next year will be a fully operational within two years.

As a domestic low-voltage electrical industry boss, CHINT Group already meagre profits are not satisfied with the low-voltage electrical fields. Last year, the company began involvement solar industry, and has set up a specialized solar technology companies. This year in October, the group announced a 1 billion yuan investment in photovoltaic power generation system built production bases, and get the second-generation thin-film solar cell technology the forefront of research and development and production plans by 2010 with an annual capacity of up to 300 megawatts, the realization value of about 12 billion yuan.

Source: 上海证券报 Jun Jun Dec. 14, 2007

QiangSheng Plans Listed on the Nasdaq in 2008

2007-12-23T05:52:00.000-08:00

Nantong QiangSheng Technology Company Ltd. Chairman Sha Xiaolin, announced a few days ago in Shanghai, the company the use of advanced thin film amorphous silicon solar battery production technology, is expected to break the long solar power because of the high costs and difficult to promote the bottleneck to use two Photoelectric time in the film battery power price from the current 4 yuan decreases for 1 yuan, Europe and Japan close to the thermal power tariff, the realization of the promotion of solar power.

At the same time, QiangSheng has signed a number of international investment banks intention to introduce risk investment, and plans to next year in September or October, and by the end of next year in the Nasdaq-listed equity scale not more than 100 million shares, to raise 200 million dollars.

Statistics that the United Nations Environment Programme, the scale of China's solar industry ranked first in the world. But our country is more than 95 percent of the polycrystalline silicon photovoltaic cells for battery products, the high cost and complexity of production processes, resulting in high prices and difficult to achieve commercialization. "China Photovoltaic Industry Development Report" data showed that the current photovoltaic power generation cost of about four yuan / degrees, it is estimated that 2020 could be reduced to 1 /, 2030 to be with the conventional thermal power price competition.

QiangSheng late into the solar industry, but conform to the latest international trends, to the new amorphous silicon thin film photoelectric technology. Compared with polysilicon, amorphous silicon thin film deposition battery raw materials used by only 1 per cent of polysilicon batteries, and there is no raw material supply bottlenecks in the production of electricity consumed by only 7-8% of the latter, and non - crystal silicon in low-light conditions under the power-generating capacity was higher than that of polysilicon. In the use of vector, the film amorphous silicon thin film battery is the large-area glass, and can also be activity such as plastic or stainless steel, and architectural decoration into an integrated entity, more extensive applications. Companies are, at present QiangSheng with international research institutions more than amorphous silicon technology to maintain cooperative relations with the progress of scientific research, there is a great decline in the cost of production space.

Nantong QiangSheng invested 25 million US dollars from the United States to introduce the world's most advanced 25 megawatts amorphous silicon thin film solar cell production lines have entered the stage of installation and adjustment, in January next year in production. Sha Xiaolin, the introduction of the first production line is the company's use of its own funds, the second and third lines of production have signed risk investment intention next year to the Nasdaq listing and financing, the company will be in three years to reach production line photoelectric 20 , the total production capacity of 500 megawatts, became the world's top five amorphous silicon thin film battery manufacturers one.

In addition, the company is working with the concerned departments, the plan over three years in Inner Mongolia, Tibet, Xinjiang, Qinghai, Gansu, and other remote areas, the establishment of a group of 1-5 MW of large-scale photovoltaic power plants. According to calculations, the investment cost only domestic demonstration projects for the current 40 %.

Source: 中国证券报 Zhou Songlin Dec. 10, 2007

China Photovoltaic Industry Polysilicon Shortage Continues:Part 2

2007-12-16T07:52:00.000-08:00

Polysilicon supply situation will continue

Polysilicon material mainly used in two areas: semiconductor and solar cell industries, according to the purity, can be divided into electronic and solar grade level. In recent years, the world semiconductor industry and the development of photovoltaic industry, in particular by the development of silicon solar cells is driven to rapid growth in the polysilicon market, the world's polysilicon current imbalance between supply and demand issues outstanding, it has as the world's concerns. 2006 global output of solar cells for 2521 MW, which crystalline silicon solar 2132 MW, polysilicon consumption of about 23,000 tons, accounting for polysilicon demand total 45,000 tons of about 50%; annual output of 3.7 polysilicon 10,000 tons, the market shortfall of about 08,000 tons, but takes the solar cell production capacity in terms of the numerical gap greater.

Faced with a shortage of polysilicon market remained situation, the international advantages of a base set polysilicon production enterprises development plans have large-scale expansion. For example, the United States spent 1 billion US dollars Hemlock polysilicon capacity expansion, the company forecast 2010 polysilicon production by 2006, the 10,000 tons to 31,000 tons; Germany Wacker Polysilicon is a new factory, It is estimated that by 2010 the plant polysilicon production from the current 6,500 tons to expand more than doubled to 14,500 tons, while MEMC is that the 2010 can be expanded two times annually, it is estimated that after 2008, production will reach 6,700 tons ; Japan and Germany-the company plans to invest 390 million US dollars to establish a new polysilicon plants, new capacity of 3,000 tons is expected to be completed in 2009.

At the same time the long-term development of solar energy industry and the potential shortage of polysilicon materials, has also attracted a large number of new investors and new technologies to accelerate the industrialization of the production process. Including a traditional Korean Siemens law input DC chemical, Hoku Hawaii in the United States, Spain Isofotonetal. France FrenchConsortium, Russia Crys-tal, Russia Russia / FSU, Japan M. Setek other metallurgical purification techniques used Elkem of Norway, Japan JFE, Japan's Nippon Steel, the United States companies such as Dow Corning polysilicon solar project started large-scale production.

International original polysilicon manufacturers large-scale expansion and the release of new projects capacity, the global supply and demand imbalance in the situation of polysilicon in 2008 after the end of the gradual easing, it is estimated that in 2010 after the international market prices will also polysilicon With productivity growth down, will be increasingly fierce market competition, technology and cost competitiveness will be the key to success or failure of the enterprise decision.

In recent years, China's IC industry and the development of solar cells, and greatly promote the development of market demand for polysilicon materials. 2001 to 2006 China's integrated circuit (IC) with the average annual growth of the polysilicon market demand for 14.9%, while domestic output of solar cells while the average annual rate of 157% growth. Six years on solar cell production and expand the demand for polysilicon 110 times. 2006 domestic production of integrated circuits used 551 tons of monocrystalline silicon, polysilicon demand of about 847 tons, the output of 370 MW solar cells, polysilicon demand of about 4,100 tons, the total demand for polysilicon was close to 5,000 tons, while the entire polycrystalline Silicon yield only 287 tons, the supply and demand ratio less than 6%.

The rapid development of solar cells, leading to tension in the supply of polysilicon raw materials, the majority of solar enterprises can not operating at full capacity, its yield of only 30% to 40%. In such circumstances, the price of polysilicon materials suddenly increased polysilicon not normal "profiteering" situation has also stimulate domestic investment and business expansion of the initiative.

Source: 中国电子报 Lu Jin & Li Qingyan Dec. 14, 2007

Link:
China Photovoltaic Industry Polysilicon Shortage Continues:Part 1
China Photovoltaic Industry Polysilicon Shortage Continues:Part 2

China Photovoltaic Industry Polysilicon Shortage Continues:Part 1

2007-12-16T07:23:00.000-08:00

Polysilicon is the electronics industry and the solar photovoltaic industry basic materials. In recent years, the worldwide semiconductor integrated circuit industries, and solar photovoltaic the rapid development of industry, especially the development of the solar industry driven polysilicon market to be growing rapidly. And the polysilicon market imbalance between supply and demand issues have become increasingly prominent and also caused world wide attention.

In today's increasingly tense energy, increased pressure on the environment increasingly the case, renewable energy by the Governments of the growing importance of solar energy as an important renewable energy, its development and use has become a national sustainable development strategy of group Some 10%. At present, China's renewable energy scale of only 8%, the future development of space is very extensive. As the 21st century the most potential energy, and solar energy industries in the research and development, production, market development have made significant progress, solar industry has also become the world rapid, and steady development of the sunrise industry.

Solar cell is still a great market space

To 2006, cumulative worldwide photovoltaic solar energy systems have been installed in more than 800 GW in 2006, within a year of solar cells manufacturing investment funds over 1 billion US dollars. According EPIA Forecast: 2009, the global photovoltaic industry will reach an annual growth rate of 27 per cent in 2010 to 2020 will reach 34 percent, by 2010, the worldwide installed photovoltaic market volume will reach 11.34 GW (including Japan 5GW, 3 GW Europe, the United States 2.14 GW, and other areas 1.2 GW).

The current global solar market fundamentals from Japan, Europe and other big international companies by the occupation, in 2006 China's production capacity of solar cells enterprises substantially enhance China's Suntech Power, China Sunergy, Motech company has been included in the output of the world row former 10.

Since 2005, the global solar market demand in the international environment under the influence of the global market demand growth, especially in the European market growth of the outbreak, solar photovoltaic industry to China has brought about tremendous growth. China's solar industry has advanced by leaps and bounds, Suntech Power, China Sunergy, Yingli Solar, LDK Solar, SunOasis, Trina Solar, and other companies have entered the stage of growth, constantly expanding production scale, technology has improved continuously, continuously strengthen the competitiveness of enterprises.

China's rapid development of solar energy industry, by the attention of the world. However, the Chinese solar cell to achieve industrial development from quantity to quality changes, is still faced with many problems to be solved: First, the severe shortage of raw materials, more than 90 percent of the silicon material dependence on imports, the prices were too high, businesses started less than the second is the market excluded, the rapid development of domestic photovoltaic industry relies on the rapid development of foreign markets by pulling more than 95 per cent of domestic exports, and rapid development of the photovoltaic industry and slow development of the PV market and the serious imbalance between the lack of co-ordination; Third, China's Sun Industry can be started late, equipment, technology, personnel, such as weak core technology, the ability of independent innovation to be further strengthened; four Although China is "renewable energy" has been officially implemented, but the lack of relevant supporting policies, their implementation, is a process ; five photovoltaic industry is the uneven quality of products, the industry is detrimental to the long-term development; six businesses follow suit widespread phenomenon, brought the matter on, the herd instinct, making it easy for overheated investment industry is not conducive to the healthy and orderly development.

Link:
China Photovoltaic Industry Polysilicon Shortage Continues:Part 1
China Photovoltaic Industry Polysilicon Shortage Continues:Part 2

Shi Zhengrong Polysilicon Cool Down Overheated Investment

2007-12-15T09:35:00.000-08:00

Domestic polysilicon investment recent rapid warming, the conservative estimate is that at least some 10,000 tons polysilicon production will start together, and the relevant stock is welcomed by the A-share market. It is in this "hot" when domestic photovoltaic industry leader, Suntech Power chairman Shi Zhengrong has poured a lot of cold water pouring - Yesterday, he had openly stated that China is not suitable for investment in polysilicon.

Shi Zhengrong in Wuxi at the "2007 China Photovoltaic Industry Summit Forum international competitiveness," said the above.

As silicon material prices continue to rise, the recent large number of domestic capital investment polysilicon field. Two weeks ago, Tianweibaobian Electric Notice that Xinguang Silicon industry to Chengdu in Sichuan Province in Xinjin County and the city of Leshan, a new 3,000-metric-ton polysilicon production projects, these two projects proposed by the Xinjin County, and in the establishment of the Leshan operation of the two new companies. According to October 2007 disclosure of the "new 3,000-metric-ton polysilicon Xinjin project feasibility report," The project to invest 2.675 billion yuan.

A few days later, LDK Solar also announced that the company is located in Xinyu City in Jiangxi Province polysilicon has begun construction of the factory, which is scheduled for completion in late 2008, to reach an annual output of 6,000 tons of polysilicon. The project is only 15,000 tons of its silicon material part of the plan. According to the timetable, in 2009 after the completion of all projects, LDK Solar will be formed 15,000 tons of silicon material capacity.

According to the recently released "China's New Energy and Industrial Annual Report 2007" shows that the current domestic construction has been completed and is planned polysilicon production capacity of up to 63,560 tons, in 2008 about 18,000 tons can be formed polysilicon production capacity.

"China photovoltaic industry in the phenomenon of the herd phenomenon, especially polysilicon now extremely overheated investment." Shi Zhengrong said yesterday that China is not suitable for manufacturing polysilicon, because electricity is too expensive, not polysilicon production consistent with the scientific development concept. In his view, the investment should go to the polysilicon Canada, the United States, Australia, and other countries relatively cheap electricity.

In this regard, the Chinese Academy of Sciences Academician Jian Shuisheng agreed. He recently wrote an article pointed out that the current production of polysilicon enterprises generally have adopted modified "Siemens methods." The use of the method, one kilowatt solar batteries about 10 kilograms of polysilicon, 5800-6000 kw power consumption needs * h, the consumption of very large. Even if the batteries used in 20 to be stable, renewable solar electricity than not to 8, is relatively low. "Now some companies are to be completed by producing 15,000 tons of polysilicon base, its power consumption will be more than a 1 million kilowatt thermal power station of the year the total power generation, Haomei of nearly 3 million tons, about Pingxiang coal mine for half of each year. "said Jian Shuisheng.

However, there are people in the trade who do not think so. A large domestic enterprises silicon responsible people told this reporter that investment is not fully silicon materials to make money, and more is considering lowering the cost of silicon. Because silicon material prices rose too powerful, can be done only with their own down the cost. "Abroad, in the 10,000-ton silicon material, if we re-thousand ton, the market's natural fluctuations in no way competitive. Do to the industry, and others on the 10,000-ton class, you have the 10,000-ton ; others costs 20 US dollars, and you have to be 20 US dollars, or even lower, in order to competition and foreign. need to know, the market, there will certainly be volatile. "the source said.

Source: 上海证券报 Chen Qijue Dec. 13, 2007

China Mobile Plans Next Month Launch Blackberry 8700G Mobile Phone

2007-12-15T02:24:00.000-08:00

China Mobile users in their group announced the General Assembly will be full access to the financial, securities, agriculture, urban management, health care, education, and communications industries, and plans to formally launch next month for the 8700G Model of the Blackberry mobile phone.

Company technical staff, currently Blackberry phones have entered Group conducted tests, without the accident will be officially listed in the next month. China Mobile is the mobile phone pricing to be evaluated. Sure that the pricing of Blackberry phones will be taken with competitive strategies, lower than projected external around 5,000 yuan.

It is learnt that the Blackberry phones in the bare metal prices between 3000-4000 yuan, the development of "sending mobile phone" plan may be that users in the network with a two-year business and the use of Blackberry package, presented Blackberry phones.

Information, Blackberry e-mail can be sent immediately to the mobile terminal to view the types of attachments, high-security, end-to-end encryption, support the use of wireless enterprise data to support synchronization of personal information management functions.

Source: 中国证券报 Chen Jing Dec. 15, 2007

Focus Media Coverage of the Supermarket 168.4 Million US Dollars Acquisition Cgen

2007-12-14T06:57:00.000-08:00

On December 10, China's largest digital media group Focus Media (Nasdaq: FMCN) announced that it has the same stores digital advertising network operators Cgen Media reached a definitive agreement to acquire all the shares of the latter. Since then, the sphere of influence of Focus Media comprehensive coverage from the mouth to lift the large supermarket chains.

Under the agreement, Focus Media will be 168.4 million US dollars in cash for Cgen Media 100% of the shares. In addition, if the transaction completed after 24 months of the proceeds Cgen Media achieving specific goals, Focus Media will again pay the highest 181.6 million US dollars in cash and stock. This is the Focus Media in March following the merger of China's largest Internet technology and service providers Allyes largest advertising network after the merger.

It is understood that Focus Media is China's largest digital media group that includes digital outdoor, Internet advertising, wireless phones have three major product lines covering China more than 100 cities, nearly 200 million urban consumer mainstream crowd. Founded in 2003 the Cgen Media is the leading domestic television advertising sales operators, and Carrefour, B & Q, Wumart, associating with Chinese businessmen, and other large retail chains are domestic, in cooperation Focus Media announced the news before the merger, Cgen Media has been to the United States Securities and Exchange Commission filing, plans Nasdaq listing.

Industry analysts believe that Cgen Media listed before the "slam the brakes" stores will completely change the pattern of LCD advertising market, after the completion of mergers and acquisitions, Focus Media Video in stores undisputed marketing network will become China's leading enterprises stores video ads.

Focus Media at the end of 2004 launched China stores terminal hookup network, its precision at the rapidly consumer goods major purchase decision-making crowd, shopping in the affected terminals brand of choice and consumer decision-making market positioning, a national terminal quickly to fill vacancies in the media.

Source: 北京商报 Dec. 13, 2007

Techfaith Wireless Announced That it Would Enter the Indian Market

2007-12-14T06:04:00.000-08:00

December 10 news Techfaith Wireless (Nasdaq: CNTF) announced today that the company will enter the Indian market, continue to global expansion. Techfaith Wireless has been an Indian operator with an agreement to supply the latter in high-end CDMA 1X long standby feature phones. Techfaith Wireless from the 2008 first quarter Availability.

Techfaith Wireless CEO Dong Defu said: "India is a very attractive market, with its huge mobile phone user groups, the appropriate network infrastructure, as well as strong economic growth momentum in recent years, the Indian market for high-end handsets in demand growth We believe that, through a combination of technical superiority Techfaith Wireless operators and partners advantage of the region, we can quickly enter the Indian market, and obtained a large number of orders and market share. "

Source: 新浪科技 Moer Dec. 11, 2007

PetroChina May Shandong, Yunnan Building Two Refineries

2007-12-14T05:52:00.000-08:00

PetroChina Co., PTR, a management person on December 11 that the company is in Shandong, Yunnan building two refineries for a preliminary study.

Asset size measure, PetroChina is China's largest oil company.

The management said that PetroChina hope that the significant increase refining capacity, and are currently being competitors enter the China Petroleum & Chemical Corp., SNP, Shandong and Yunnan occupy the market.

He said the refinery construction plan has not yet been approved by the government. He also said that these two refineries feeding may mainly come from the Middle East and Russia from imported crude oil. He said, and Exxon Mobil Corp., XOM, and other large international oil companies, PetroChina plans to use to import materials to improve refining capacity, so that it goes far beyond the company's crude oil production capacity.

One refinery will be located in Weihai City, Shandong Province, near the city of Qingdao in China's petrochemical major refineries. He said that another proposed refinery will be located in China - Myanmar oil pipeline the end of Kunming City in Yunnan Province. The management said that the refinery, each handling capacity of at least 200800 barrels. In view of the Shandong Province independent refineries operating instability, the government decided to support the construction of new oil refineries PetroChina to ensure fuel supply.

Because of the rising price of crude oil, independent oil refineries in Shandong Province has suspended operations later this year, thus exacerbating the fuel shortage situation.

PetroChina and its parent China National Petroleum Corporation recently with Shandong, and the Yunnan provincial government signed a strategic cooperation agreement.

Source: 中华工控网 Dec. 13, 2007

China Spot Alumina Prices Rose 9.5 % ACH May Raise Prices

2007-12-14T05:30:00.000-08:00

Shanghai December 13 news, traders Thursday that China Spot aluminum prices in less than three weeks rose 9.5 percent to per tonne 4,200 yuan, and is expected to rise further due to strong demand.

November 27, Aluminum Corp. of China Ltd. (ACH) from its alumina selling price per ton 3,500 yuan up to a ton 3,800 yuan, before other smelters increase their alumina prices.

Aluminum Corp. of China Ltd. (ACH) is China's largest alumina and aluminum production manufacturers.

ACH alumina production accounts for about half of the country's total output. A refinery in central China's management staff, other smelters spot alumina price per ton 4,200 yuan, 11 at the end of a ton 3,800 yuan.

He said Alumina overall inventory level is very low. Traders said late last month with other smelters ACH increase alumina prices.

Antaike Information Development Company Limited, a alumina, analysts said ACH may once again increase the prices follow other smelters. Alumina is made from bauxite, is used in the production of aluminum.

Analysts said that despite increased domestic production, raise the cost of production, including bauxite and electricity price up to early February for the Spring Festival are expected to support alumina prices because domestic demand is robust.

The National Bureau of Statistics said 1-October China's aluminum production year, an increase of 50 percent to 16.12 million tons.

Source: 中国矿业网 Dec. 14, 2007

ELong New Head of the Post, People-Oriented Restore Business Confidence:Part 2

2007-12-14T05:11:00.000-08:00

This localization color for eLong very strong enterprises, typically with a strong "offensive" American-style management is unable to meet the needs of enterprise management. Expert essence of the Chinese culture Cui Guangfu well aware, Chinese enterprises need is "friendly atmosphere," a "vigorous and resolute." Therefore, a starting Cui Guangfu set up a scholarship CEO, individuals will be invested 200,000 yuan to the annual subsidy senior managers and staff positions following the-job learning at the same time, improved working environment, the company must upgrade equipment, increase the number of staff annual leave. To ensure that new blood pouring implantation, eLong has started in College campus recruitment conducted to attract college students talents. To meet the business needs and enrich eLong pool, and in the recruitment of middle managers, Cui Guangfu was personally attended interviews managers to ensure the correct leadership of the appointment.

For the Chinese-style management ideas, Wall Street also given recognition, it is reported that, "eLong again need to establish their own cultural identity. Composed of non-Chinese Expedia management intervention for too much decision-making process, the appointment of Chinese CEO Cui Guangfu It is the first step towards the right direction "and Cui Guangfu took office in the same time, despite eLong's third-quarter earnings report unsatisfactory, but the Nasdaq market or in the several days in a row up to express support for the newly appointed and certainly.

Emphasis on customer satisfaction as the center of service
Cui Guangfu after taking office the first two days, it has found a call center managers to improve business processes. In the days after, he took time every day to understand the work and call center processes, and personally redesigned it in call centers, a decrease of 1 / 2 of unnecessary language. After a series of reforms, is now the fastest eLong booking a ticket only need 36 seconds ...

In Cui Guangfu view, in 2008 the Chinese online travel market, and five years ago has been completely different, competition among enterprises is not simply rely on the new technology can be achieved, and the single market may not be able to gimmicks widespread attention among consumers . "Customers, especially those loyal customers is the driving force for the development of enterprises, no they would not have eLong today, there will be no more eLong tomorrow," With years of B2C experience Cui Guangfu very clear that the key to the development of eLong. To this end, eLong upgrade the overall speed of the call center reservations. At the same time, will the end of the year to service both domestic and international air travel time by 7 × 11 hours adjusted to 7 × 24-hour service.

The traditional Chinese thinking is the humanities in product design follow. From just past November 1, eLong started "online ordering hotels, Cheong enjoy three times the integral", which is all domestic online travel brands in the most favorable option. -- Activities period, the online booking hotels, and success will be based on points for the three times Integral (VIP Member 4.5 times, Lung and Crafts Member six times); December 1, flight reservation if no delivery, and since take a trip or receive mail alone, but also immediate access to three times the integral feedback; now played on December 31, all through eLong successful ticket booking hotels or guest, can be free prints 30 6-inch digital photos. Moreover, the use of eLong joint card with the CCB "eLong Cheong Hang Brunca" first successful booking hotels for 40 yuan cash gifts products. The first successful air ticket booking hotels or products gold card users will be 2000 points, ordinary card customers will be 1,000 points ...

"This is not a simple integration activities, but eLong for an old customer feedback - in the last few years, they have been quietly supporting the development of eLong, no they did not eLong today." Cui Guangfu who he is not eLong understanding of the customer full of Thanksgiving, "on the other hand, we would also like to those who have just become our customers, or has yet to become a friend of our customers, eLong done is to allow you to experience every time eLong unparalleled service. "

Gantry jumps
They went through the ups and downs over the past two years, eLong need now actually is a belief that a win convictions.

"Know your customer's real needs and solve customers want and unexpected problems, and then the customer trust online travel service provider, is the core of the work of eLong." Cui Guangfu firmly and confidently said, "Although the competition in the market eLong , in the second position, but we believe that, if won the hearts of customers, we will eventually win market leadership position. "

Beijing Olympics has given everyone a chance of success, eLong is no exception. We look forward to see Cui Guangfu eLong in the lead, the goal jumps, and truly become a glittering dragon.

Source: 新快报 Bai Ming Dec. 1, 2007

Link:
ELong New Head of the Post, People-Oriented Restore Business Confidence:Part 1
ELong New Head of the Post, People-Oriented Restore Business Confidence:Part 2

ELong New Head of the Post, People-Oriented Restore Business Confidence:Part 1

2007-12-14T05:08:00.000-08:00

October 8, when Cui Guangfu first sitting at his desk eLong CEO, would not satisfactory financial report has not shaken any of his confidence, "I am pleased that in this present both challenges and opportunities of the moment to join eLong the company, I will continue the company's ongoing transformation, eLong efforts to become a more companies create strong companies. "

Although many people have pointed out numerous times, in the scale of challenges and opportunities, all sorts of factors have to face too much pressure eLong. However, as the well-known financial blog website Seeking Alpha analysis noted, the current eLong good assets, cash reserves to 156 million US dollars, and there is no liability; eLong has since listed the total annual revenue growth of 20 percent or more in the next 1 , should be close to 50 million US dollars. At the same time, eLong nor small-scale enterprises, as China's second largest online travel businesses, eLong has more than 2,000 employees. While Expedia shareholdings in eLong, but also to bring the confidence of investors - after all, in the global online travel market, Expedia not only plays the role of super businessmen, it is a successful model.

P & G has in the FedEx Kinko's work and years of Cui Guangfu even clearer understanding that the term of office in order to record a good performance, especially with the 2008 Beijing Olympics the opportunity to eLong can rise up suddenly, by relying on nothing more than the team is united enterprise customer support and market recognition, which is the current efforts to improve the eLong.

The establishment of a "people-oriented" enterprise culture
In 2007, "11" has just passed, eLong several call center employees received from the CEO Cui Guangfu of an e-mail, the contents of the letter is very simple, just to eat lunch together about their casual chat.

"Frontline staff the best understanding of the actual situation of the company, decision-making at the same time many companies to pass messages to customers. Them more exchanges and can be the most direct customer feedback from companies, but also can help me on some of the company's strategic thinking that. "Cui Guangfu values and staff exchanges, once there, he will be invited to 7-8 months frontline staff had lunch together, the understanding of their work, listen to their opinions and suggestions company.

Before joining eLong, Cui Guangfu has held FedEx Kinko's managing director in China. In his term of four years, FedEx Kinko's rapidly growing field of Digital Printing for the domestic market leader, the country has 16 service centers and 300 employees. The FedEx Kinko's in office before Cui Guangfu more in P & G China Limited work over 12 years, P & G companies in China for the distributor and retail network coverage system set up to a leadership role.

Although P & G to FedEx Kinko's, and then to the eLong now, the three companies are very different in their respective industries, but their fundamental is the same, and that is a strong sense of identity with employees and enthusiasm. Foreign investment in China for many years in charge of the management of enterprises, Cui Guangfu can clearly see that, encouraged by the staff morale, enhance their sense of honor and the establishment of the company people-centered corporate culture, has a very important significance. Any international management companies need a strategy of localization process, how we can properly implement the parent company of sound strategic approach and local companies to digest integration as a strategy for the development of enterprises in China for the progress is essential.

Link:
ELong New Head of the Post, People-Oriented Restore Business Confidence:Part 1
ELong New Head of the Post, People-Oriented Restore Business Confidence:Part 2

Yang Ning: KongZhong Greatest Success to the Wireless Internet Portal Upgrade

2007-12-14T04:25:00.000-08:00

Last year, China's mobile operators have to keep a low profile or high-profile or to the "comprehensive information service provider", a large scale value-added services to the upstream areas of forward and with the content providers (CP) direct cooperation, the scenery has unlimited mobile value-added services providers (SP) of space for an unprecedented squeeze profits.

In July 2006, the Ministry of Information Industry launched against the SP "second confirmation" new policy requiring users must again confirm whether or not a purchase order business relationship can be. The domestic policy in a short period of time led to several Nasdaq-listed SP - KongZhong, Hurray, Linktone were varying degrees layoffs. KongZhong three consecutive quarter total revenue fell, in accordance with United States generally accepted accounting principles, KongZhong 2007 first quarter net profit of 1.56 million US dollars, up down 82%; second quarter net profit more drop of 10,000 US dollars.

Let outsiders surprised that, as of September 30 the third quarter fuels virtually all of the KongZhong quarter net profit also rose to 540,000 US dollars. Chairman and CEO Zhou Yunfan said that the third-quarter rebound performance, "mainly due to our mobile advertising revenues continued to grow, and our continuing implementation of effective cost control measures." KongZhong expected, do the same trend, the fourth quarter of this year revenues in the third quarter based on an increase of 1 million US dollars.

In competitors huge losses, or to withdraw from the market or on the lower reaches of content providers combined with the restructuring of the roads, this had on MMS and mobile games download large profits earned special SP, now in the wireless Internet portal hope that the mobile phone advertising harvest was on the third quarter earnings to the bright lights of its greater lung power - its mobile advertising revenue for five consecutive quarters of steady growth, reaching 265,000 US dollars, sequentially increased 19%.

"The recent two years, KongZhong greatest success is achieved from traditional to wireless Internet portal SP upgrades, and 'free content + advertising' that the traditional media and Internet proven profitable model transplanted to the wireless Internet." KongZhong president Yang Ning said.

In May 2007, China Mobile introduced a series of new policies, including the WAP mobile phone users to download product, indicate GPRS service costs reminded, and will KongZhong and other third-party service providers from China WAP mobile phone built-in menu customization deleted . Affected by this, KongZhong quarter 2.5G services (including WAP, MMS and Java technology) revenue fell 32 percent. Zhou Yunfan said at the time: "what we can do is to focus on new product development and promotion, to compensate for the losses caused by the new policy." He said to boost the morale of investors is expected to cell phone advertising business development within the next two years in strength, and ultimately make up for the companies in the wireless value-added services in the loss.

Compared with the wireless value-added services, from wireless Internet business operators by the relatively small number of restrictions, KongZhong that end has invested tens of millions of dollars, and good to fulfill the mission of the business also maintained a strong momentum of growth. 2007 first quarter, KongZhong wireless advertising sales than the fourth quarter of 2006 increased nearly 30 percent. KongZhong is expected in 2007 its advertising revenue from mobile phones will reach 1 million US dollars a year to achieve five times the growth of three to five years, wireless Internet business to mature, "can contribute to the whole company profits."

"We believe that the wireless Internet has just started, like a 2000 Internet the same." Yang Ning said, "China has 500 million mobile phone users, Internet phones have the opportunity to fully develop into a major industry." As early as last year, then brand KongZhong one of the media sector KongZhong wireless Internet has changed to the Department, this year in May since mid-KongZhong "mobile phone Internet, on the previous KongZhong" advertising landing Beijing main streets, subway stations and bus body. KongZhong firmly believe that wireless advertising with Internet advertising will embark on the same road.

The successful structures in the interactive entertainment platforms, information and community, and other 150 channels and columns, KongZhong formally proposed this year, media strategy, established the contents of the adhesion to win users to the users win profitable advertising revenue ideas, and in this line of thought under its comprehensive integration of product and market resources.

June 29, KongZhong announced an agreement with MSN China to become Mobile Messenger 3.0 information channels and mobile games channel in China's exclusive content providers. July 19, KongZhong announced with the famous phone browser developer Opera cooperation and common development for the Chinese mobile phone users, "KongZhongOpera" browser solutions, and KongZhong wireless Internet portal Kong.net as default Home. In September, KongZhong also formally announced a cooperation with the NBA, the NBA launched the official website of Chinese mobile phone.

Yang Ning told reporters, currently KongZhong phone advertising clients have included Nike, Red Bull, Blackberry, Motorola, Nokia and BMW, and other famous brands. "With the passage of time, various sectors of our well-known businesses will be interested in the advertising services," founder of the Chinaren, Sohu question for two years in the Yang Ning sure, "We do not anxious to wireless Internet, if you want to do media , inputs certainly very great. me to do when Chinaren and Sohu, have experienced a prolonged period of market development, spent 90 million dollars Sina, Sohu spent 60 million dollars to a profit. that many companies do not have confidence in the money, successively left, the results remain have become very great company. "

Source: 商务周刊 Dec. 8, 2007

China Medical Technologies HIFU System to Expand Overseas Market

2007-12-05T06:21:00.000-08:00

From China Medical Technologies (Nasdaq: CMED) learned that the company's High Intensity Focused Ultrasound (HIFU) tumor therapy system has been the Korea Food and Drug Administration approval. China Medical Technologies will be formally put to the Korean market this system, and this will be the first time in China HIFU system outside the market.

China Medical Technologies CEO Wu Xiaodong said, following the July 2007 HIFU system of the FDA's conditional approval to begin human clinical trials into the stage, this is granted in South Korea made another HIFU system milestones like progress.

It is learned that at present in South Korea have more than 1,000 general hospitals. China Medical Technologies the exclusive distributor in South Korea will be the first to aim at sales of large general hospitals to promote HIFU tumor therapy system. In addition, the company will also regularly review companies and dealers in the Korean market sales strategies, and objectives focus on South Korea's long-term market.

Source: 中国行业研究网 Oct. 18, 2007

Shi Zhengrong Imagine: Shanghai Skyscraper Solar Glass Curtain Wall Covering

2007-12-05T05:57:00.000-08:00

Yesterday, Suntech solar cell manufacturing base in Shanghai Caohejing Development Zone break ground, silicon thin film solar cells for the research and development and production, are expected to begin in June a 60 MW production line will be officially put into operation by 2010, will form a 400-megawatt production capacity a total investment of 300 million US dollars.

Suntech Power chairman Shi Zhengrong disclosed, Wuxi will continue to base expansion, coupled with the production base in Luoyang, 2010 combined capacity of 1,000 megawatts around. Suntech Power output end of this year will exceed 300 MW, ultra-500 MW capacity, is expected to one second in the world.

Suntech Power last year's global market share is 8%, Shi Zhengrong said hope that in 2010 this share reaches 15%.

Shi Zhengrong, the international market continued tension in the supply of raw materials silicon, thin film photovoltaic solar cells to adapt to the international market development trend of development, silicon thin film manufacturing cost per watt 1.2 US dollars around silicon manufacturing cost of 2.5 dollars, in addition to using less silicon film low cost, and building materials combine attractive.

There are many high-rise buildings in Shanghai, contains enormous business opportunities, Shi Zhengrong am looking forward to this. He said that the Shanghai production base, once the high glass curtain wall combined with the silicon thin film products, can be turned into solar walls, I feel like glass curtain wall, also can control transparency, and cost than regular glass curtain wall only your 20%.

As for the current bottleneck in the development of solar energy industry, Shi Zhengrong that, we must first carry out large-scale publicity and education, in which all people understand the energy crisis, followed by countries to promote development of new energy sources, with the vision to see the development of solar energy.

"The government can be introduced corresponding policies, and provide funds to support industrial development, with the market, enterprises will use their brains engage in their own technological transformation." Shi Zhengrong said.

Source: 第一财经日报 Ren Shaomin May. 10, 2007

Asiainfo Northern Telecom Received Orders Online Service System

2007-12-05T05:42:00.000-08:00

Recently, Northern Telecom and Asiainfo company formally signed cooperation agreements, including the building of common Tianjin, Henan, Shanxi, Heilongjiang, Hebei, Shandong, Liaoning, Jilin and Inner Mongolia North nine provinces online call center system for telecommunications customers with a unified personalized service, effectively improve service levels.

With 3G services launched step by step, the four operators are invariably strengthen the building of IT systems to upgrade the level and build market operators core competitiveness. Online customer service center, China Telecom electronic channels an important part of China Telecom is fully provided for all customers the unified self-service Internet portal. To extricate itself from the traditional way of business services by the Office of space and time constraints of the various factors to achieve the northern governorates online call center and the unity of various operational norms, offers customers an early realization of a multi-level, independent of the high standard services is imperative.

Currently, the Northern Telecom 9 provinces and cities have basic online customer service centers to achieve customer login registration, billing / Long single inquiries, operations (PWC) admissible, complaints suggested that self-service, information dissemination, and other functions. Asiainfo Northern Telecom in-depth understanding of engineering construction requirements, the system is directed against the North Telecom not unified version of the status quo, since the use of online services Asiainfo solutions AITWSS upgrade Northern Telecom online call center system. Asiainfo AITWSS system can provide a unified, comprehensive services interface, customers can provide a unified integration of customer information display; on-line products (services) ordering, opening and change; on-line customer care and customer support services, such as reminding , notice, the proposed complaint, investigation and opinions; Online Recharge, payments and fees, user-friendly cost management, and other functions. AITWSS provided by the rich content and services, Northern Telecom can not only reduce customer service costs, and can greatly improve customer service, increase customer satisfaction, to enhance online customer service center in the North in the way the telecommunications customer contact position, it Telecom customers into contact with the main service window one.

Asiainfo, president and CEO Zhang Zhenqing, said: "Faced with the new trend of network integration, comply with the 3G era of the new developments in the application of emerging new challenges, a strong business support system has been the development of the telecommunications industry a major focus , we have felt our customers are increasing the intensity of building IT systems. friendly interface and efficient online self-service center is an important component of the telecommunications CRM. Asiainfo provide a mature software system and professionalism in project implementation capacity , to deliver a powerful IT system effectively protected. "

Source: eNet硅谷动力 Hu Ying Nov. 30, 2007

Nam Tai Electronics Stock Sale TCL Cash 54 Million US Dollars

2007-12-04T09:00:00.000-08:00

-- April 25 - Nam Tai Electronics Group today announced that it has, through its Hong Kong-listed subsidiary of Nam Tai Electronics Electrical Products Limited in April 20 and April 23 to sell 39 million shares and 41.6 million shares of TCL Corporation A-shares, the total recovered 54 million US dollars funds, the equity investment to bring it about 30 million dollars of one-time investment income (excluding minority interests after).

In 2002, it invested about 12 million US dollars acquisition of the shares of TCL Corporation. Later TCL Group in January 2004 at the Shenzhen Stock Exchange A share market listing. In all the sale of shares held by TCL, Nam Tai Electronics Electrical Products Limited holders of 80.60 million shares were TCL A shares, about TCL Group of the entire issued shares of 3.12%. According to limit the sale of provisions, the proceeds from the sale of shares of TCL has been transferred to the bank accounts.

Source: 网易科技 San Zhang Apr. 26, 2007

AOB 30 Million US Dollars Acquisition of Xinan Pharmaceutical Companies

2007-12-04T08:39:00.000-08:00

On June 13, 2007, American Oriental Bioengineering Inc (NYSE: AOB) signed letters of intent to acquire Changchun Xinan of enterprises invested 30 million US dollars in cash. The headquarters in China's Harbin American Oriental Bioengineering and Xinan are plant-based drug and health care products companies, in fact competitors. In June 4, American Oriental Bioengineering Inc. New issue 15 million shares of stock, the company founder and chief executive also provided 2 million shares to raise funds. Before the stock in the new, American Oriental Bioengineering Inc. Has 65 million shares outstanding. The newly issued shares will finance 150 million US dollars, the company cash flow for 90 million US dollars. Changchun Xinan possession of prescription drugs, non-prescription drugs and female health supplies, and is GMP production facilities. Changchun Xinan profit in the 2006 Annual Report. The acquisition helps American Oriental Bioengineering Inc. Rapid growth of its gross income from 2001 of 10 million US dollars grew by 11 times to 2006 for 110 million US dollars, profitability 31 million US dollars. Last year, cash flow from operations reached 29 million US dollars. Current market value for 626 million US dollars. American Oriental Bioengineering Inc. Drug sales is the largest freeze-dried powder for injection Shuanghuanglian cent last year, sales of 25 percent annual increases 69%.

Source: 中国医药技术经济网 Jun. 15, 2007

Sinovac Yin Weidong: Bird Flu Vaccine Production Only 128 Days

2007-12-04T08:35:00.000-08:00

Face Bird Flu variation, we are not on the helpless? Yesterday, with a commitment of Bird Flu vaccine developed by Sinovac Biotechnology Yin Weidong, general manager, "said Bird Flu has been in a variation of the virus, even if the virus mutates, we get new strains, can also use existing technology and production platforms immediately put into production. "

Yin Weidong revealed that the Sinovac Biotechnology vaccine production process has been completed the study, established a quality control standards, and completed in pilot production, which had reserves of vaccine products and technological conditions. At the same time, the company building the seasonal influenza vaccine production base has passed GMP certification, if influenza outbreaks in countries subject to the approval of the production line can be put immediately with a Bird Flu vaccine production.

"From production to production by the decision, we only need 128 days time." Yin Weidong Earlier in an interview with this reporter said, "Of course, the need for production, will start production, which required the development of the epidemic situation in accordance with relevant departments of the state to decide. "

Yin Weidong stressed that apart from the scientific to the regular flu virus variation characteristics, what is more important is coordination government, in case of a pandemic, the State Food and Drug Administration approval within three days of the commissioning of new vaccines listed. Visibility for pandemic influenza prevention and control, through scientific design, the government can win the support of the law, so this study will have a very good line of guarantee.

Source: 北京青年报 Sep. 8, 2006

Yan Ping Base That Will Grow in Size and Strength Beihai Yuchai

2007-12-04T07:59:00.000-08:00

On July 14 afternoon, the Beihai City Party Committee, deputy secretary of Han Yuanli Shangri-La Hotel in Shenzhen, met with the Office of Yuchai machines chairman Yan Ping, the two sides on how to speed up Yuchai Beihai Industrial Park Phase II project and start living bases, training bases for the matters friendly talks.

Han Yuanli briefed the guests on the current economic zone as well as the Beibu Bay Beihai facing a historic opportunity for development and good development momentum this year, Beihai City Construction of the new pattern of urban construction progress. Han Yuanli pointed out that with the pan-Beibu Bay regional economic cooperation is deepening, forward, Beihai's to the advantage of gradually become apparent, in particular its unique and convenient location advantages, especially for Yuchai lubricants production, land and sea transport and the need for external development . But Beihai a beautiful city and the ecological environment, very suitable for human habitation, welcome Yuchai company executives, experts, cadres and workers to travel, live and recuperation. Yuchai machinery company as a leader in the industry, Beihai municipal government is very concerned about the development of industrial parks Yuchai lubricants hope that the second phase of the project as soon as possible under construction, Beihai will provide project-building efforts and facilitate various aspects thoughtful services for the project early producing benefits.

Yan Ping expressed thanks to Beihai municipal government has been on the project Beihai Yuchai lubricants concern and support. He disclosed that the project development Beihai Yuchai lubricants good this year can be completed 40 million yuan tax, in one year, tax revenue could break 100 million yuan, 3 - 5 years, the output value will reach 5 billion yuan. At the same time, the company will continue research and development in Beihai start living and training base for the construction and further to Beihai Yuchai base grow in size and strength.

Source: 北海日报 Cai Zhijun Jul. 17, 2007

Sitting First Secret Shanda

2007-12-04T07:14:00.000-08:00

When people are thinking about how tomorrow will be the time, Shanda has already begun to consider how to realize, when people began to fight for tomorrow, Shanda has started to work on resolving the obstacles. People have been saying that Shanda is one of the industry leaders, the real reason, it should be here.

Since listing, the restructuring Shanda only in the early 2005 fourth quarter slowdown, the other 14 quarters have achieved growth, the recent seven consecutive quarterly main business in the ring double-digit growth. Shanda continues to lead the industry in online games.

Senior analyst pointed out, Shanda chosen the right strategic direction for sustained initiative to promote innovation strategy, which is to continue its substantial losses from the profit of reasons.

"In the history of the highest yields, Shanda decisive implementation of transition." As the first person to eat crabs, Shanda model in the implementation of CSP, bold strategic, tactical caution. Shanda CTO Tan Qunzhao after the evaluation of the restructuring is the time to be frightened without any hurts, we have conducted in-house pilot and practice. In the game balanced, and the Psychological Study of users on a special study.

Later, the income curve change and the original practice generally consistent. Ahead of the preparatory work done well, Shanda is the rapid transition into the recovery interval after the core elements.

While Chen Tianqiao has been he wants to do is establish a virtual interactive entertainment empire, the online CSP model is Chen Tianqiao community of more than happy to see. Give up off-the-shelf real money income, but also the face of peer pressure and Wall Street. Chen Tianqiao chose the platform with great concentration Shanda transformation and internal management. And so again, people are surprised at the discovery, when Shanda has been good from the bad when the content on the platform to drive growth driven by steady growth. Moreover, this platform has been fully open to the trade.

There is every indication that Chen Tianqiao open platform strategy is to take effect. In July 2007, Shanda spend 100 million yuan acquisition Peng Haitao the Aurora Technology and its "Fengyun" games, followed by Fengyun Chen Tianqiao, 18, 20, and other three plans, spend 3 billion yuan investment in the domestic team, the development of products online. Some people concerned believe that, Shanda open on the road that have already competitive and cooperative relations to the very thoroughly, the industry leader in bringing prosperity to the greatest return from the earnings have shown.

Shanda has to open its own industry-wide platform, even if competitors also can use the platform to develop their own business.

A business and industry leaders, is whether he can lay the foundation for long-term development of the industry. Chen Tianqiao through open up the industry to this point, and now to the outside world, more Shanda displayed on the importance of the entire industry.

Source: 新浪游戏 Li Zhuo Dec. 3, 2007

Zhang Chaoyang: Sohu Will Become an Overlord of China's Internet

2007-12-03T06:06:00.000-08:00

If two months ago to buy Sohu shares, then congratulations, your stock price has doubled.

"Wall Street has now began to understand Sohu." Zhang Chaoyang told reporters. "Before, in the calculation of PE, Sohu and Sina were always together, and the price-earnings ratio slightly lower today, they began searching, this algorithm is correct.

In two months ago for a fairly long period of time, about 1 years, Sohu stock has been hovering in the 25 US dollars from top to bottom. Now, Sohu's shares up to 59.49 US dollars.

The high price is not unreasonable, and its third-quarter results on substantial growth.

October 30, Sohu releases 2007 third quarter results, total revenue reached a record high of 51.5 million US dollars, up 46 percent, of which, brand advertising revenues reached 29.8 million US dollars, up 42% ; online gaming income reached 12.7 million US dollars, up 473 percent.

Sohu released from the third quarter results is not difficult to see, Sohu substantial growth performance of the game and its sharp increase in revenue.

"" Qishi "to" Daojian "Sohu persist all the way down, now finally begun in the" Tianlongbabu "broke out." Turning now the sudden outbreak of the game revenue, Zhang Chaoyang said.

Sohu season strong revenue and profit growth exceeded Goldman Sachs, Credit Suisse, RBC and other world-renowned investment bank and analyst expectations. After the earnings release, Sohu's stock price in after-hours trading as high as 11.13 percent, up to 59.49 US dollars. On that day, Sohu transactions in excess of three months average four times.

Wall Street and the entire investment community on the concept of continuing good games, most recently in the Internet industry embodies obvious. First five listed event setback, the concept of the game by the end of the Kingsoft investors recognized the successful listing, followed by the start selling health products Shi Yuzhu, this will be with a "Zhengtu" Login Nasdaq; Then, pressing against the labeling of NetDragon online games, but also has come to the door of the Nasdaq.

"Wall Street will think, in brand advertising on the basis of the rise of online games provide a stable revenue model, the revenue model and with the sustained growth of China's demand for the entertainment, markets are huge, unlimited potential." Said Zhang Chaoyang .

However, he explained, "Even in the price-earnings ratio to be, network gaming P / E is only about half of brand advertising, which only 18 or so, the latter as high as 30 and above."

Zhang Chaoyang said, because China's rapid economic growth and line advertising to the ongoing shift online advertising, especially in 2008 Beijing Olympic Games is approaching, resources and content of Sohu has obvious advantages in brand advertising business growth more obviously, this trend will continue in the future.

"Olympic sponsors in Sohu invested by the advertising, in 2007 than in 2006 increased by 70%." Zhang Chaoyang said, "Who says the 2008 Olympic Games Internet sponsor of no effect? Now Wall Street are beginning to understand the concept of Sohu means that the Olympic Games nothing. "

"Online games like movies, one after another, brand advertising like mountaineering, stable and progressive step by step." Zhang Chaoyang said.

"2007 third quarter, but over a long period of time Sohu outbreak of years, Sohu adhere to the" simmered", started with the marathon competitors, in fact, we have already entered a stage beyond competitors sprint to the trend of development, Sohu become overlord of the Chinese Internet is only a matter of time. "Zhang Chaoyang said.

Source: 中国经济时报 Zhao Ming Nov. 1, 2007

Lu Hongliang: Development of a Variety of Innovative New Impetus to UTStarcom

2007-12-03T05:55:00.000-08:00

Lu Hongliang: UTStarcom is now in operation encountered some problems, but we are doing positive transformation.

"Now the trend is the development of telecommunications networks of all to all IP, UTStarcom keeping with this trend, all-IP NGN core network products for the 'heart', IPTV, PHS, broadband access as the 'threads', the IP Rong UTStarcom to all products to the core design. "UTStarcom Global CEO Lu Hongliang recently held in the China International Telecommunications Exhibition, in an interview, disclosed UTStarcom's overall product strategy concept.

Lu Hongliang, now UTStarcom has been completed and broadband multimedia communications with a focus on all-IP product distribution, contains rich value-added services to provide video surveillance and the ability to RollingStream IPTV system; broadband access GEPON system and the new generation of multi-service integrated access the platform; softswitch core network mSwitch R5 and wireless part of the CDMA2000, WiMAX, and so on.

In product design, UTStarcom always make innovation a core of a comprehensive innovation. In IPTV, UTStarcom master a series of IPTV specific areas of core technologies, including media biopsy technology, streaming media distribution and control, transparent support different encoding formats, dynamic load balance and rapid copy of DRM technology and mature technology. IPTV field for UTStarcom continuous innovation has brought huge profits. The current UTStarcom RollingStream system solutions in China Telecom and China Netcom's 19 IPTV commercial deployment of a carrier business users over 310,000, the total system capacity of nearly 625,000 users, accounting for China's more than 60 percent market share, ranked 1.

At the same time, UTStarcom have not given up on the sustained development of PHS. Lu Hongliang told reporters: "We have also done a PHS on some new development, according to the base station on the edge of resources, developed a packet data services. Now we launched a called 'Packet Mode' application, it will PHS networks in achieving 128 K mobile broadband data applications, will allow data downloads, IM, mail and other businesses more smoothly. "

UTStarcom diversification strategy innovation in the wireless field also embodies. UTStarcom creatively launched the world's first SIP-based structure of the CDMA2000 wireless access network applications - MovingMedia 2000 iCell SIPRAN products. This product can use SIP smoothly through CDMA2000 network to VoIP mode mobile emergency communications, enterprises, the network application.

It is precisely because the existence of these innovations, Lu Hongliang of UTStarcom's future is full of confidence. He told reporters: "It is indeed in UTStarcom operation encountered some problems, but we are doing positive transformation. UTStarcom future development on the establishment of the foundation we are doing in the various innovative products on. Wait until these innovations were in the market when fully certified, UTStarcom will be given new impetus to the development. "

Source: 中国电子报 Yang Qingguang Nov. 7, 2007

Ding Lei: Netease Seek Breakthrough Advertising Content

2007-12-03T05:15:00.000-08:00

Netease was the first time the content gap in the overall strategic height, and the Olympic Games will become a breakthrough. Yesterday, the last two years have not seen the Netease CEO Ding Lei suddenly appeared in Netease Olympics strategy conference. He told a reporter that will invest nearly 100 million for the Olympics strategy, as an indispensable building has become an important part of Netease, and online games, product technology, has become the company's development of the two legs. In his view, an independent website Netease daily average volume of user access up to 91.3 percent, far faster than any Internet company in the industry, the potential of advertising income that would then be given full expression.

Reporter: Statistics show that Netease content of the advertising revenue accounted for only about 10%, this deserves?

Ding Lei: As a portal, which is a very important component of the products and technologies is equally important, is to develop one of the two legs. As you know Netease beginning of the China Internet Association survey, the contents of users arrived rate reached 51.3 percent, second only in the portal Sina. October AC Nielsen survey data also showed that average daily website Netease independent of user access up to 91.3 percent, far exceeding all the portals.

Reporter: Why Netease flow growth in advertising revenue has not been a corresponding expression?

Ding Lei: Netease second quarter of this year, advertising revenue growth of 16.2%, although the second half of last year, there were short-term decline, but then has been rapid growth, in general, very healthy, the current growth has been synchronized with the market. Of course, advertising revenue growth compared flow growth will lag period, I believe that smart advertisers will find that Netease advertising value. The opportunity of using the Olympic Games, will make Netease on the quantitative change in the flow, into the advertising revenue on a qualitative change.

Reporter: Netease attach so much importance to content, whether it is because the second quarter, online games revenues fell slightly again, but in the face of Shanda in the market, and a new opponent Giant of increased competition?

Ding Lei: the development of our online games has been very healthy. We attach importance to the content, because we have to do in this area very well. Moreover, Morgan Stanley had expected to benefit from the Beijing Olympics boosted effect, China's advertising market will be in 2008 usher in a peak growth, China's Internet advertising market GDP will be in 2008 reached 2.4 billion US dollars over the 2007 growth of about 45 %. Netease will not miss such opportunities.

Source: 金羊网-新快报 Min Hua Oct. 25, 2007

PacificNet and Bellsystem24 Announced The Establishment of A Joint Venture Enterprises BELL - PACT

2007-12-03T04:34:00.000-08:00

PacificNet announced that Japan Bellsystem24 joint venture with the Shanghai BELL - PACT Consulting Limited on June 29, 2007 in Shanghai opened established joint venture companies will work to provide CRM consulting services.

PacificNet owned joint venture Enterprises 40 percent stake, Bellsystem24 own the remaining 60 percent stake. BELL - PACT company will be engaged mainly in CRM consulting and call center training services, technology and business advisory services, network product sales, software development, systems integration, telecommunications value-added services, and other related services. Joint venture companies will take full advantage of both shareholders in the joint venture in the CRM industry for the advantages of doing business in China and China's domestic foreign companies provide advanced management concept of CRM and professional services.

Bellsystem24 is Japan's largest telemarketing, call center and CRM services Enterprises, the main provider of one-to-one marketing associated with a wide range of services, such as call centers, marketing solutions, the media entertainment solutions and medical support services. Bellsystem24 headquartered in Tokyo, Japan, Japanese companies have in the whole customer 5000 more than Enterprises, the communication service representatives 27348, offices 33.

Bellsystem24 president and CEO Yukio Sonoyama said, "In Japan, Bellsystem24 entered the CRM field has been more than 20 years. Today, the business can expand to China this booming market, we are glad that we have been optimistic about the Chinese market, We also believe that with the current operating results PacificNet this outstanding China Enterprises cooperation will certainly a major success. through such strong cooperation and expand Bellsystem24 in China multiple industries, in particular, we are good at the telecommunications and financial sectors of the market share . "

The company opened PacificNet Chairman and CEO Tony Tong said: "We early in Shanghai and Bellsystem24 reached the consensus to set up a joint venture Enterprises, and Bellsystem24 to establish long-term, stable relations of cooperation. After six months of careful preparation, the new company will be formally established , I am very pleased. in the past few years, we have and Bellsystem24 had close cooperation, and this means that we are operating companies in the expanding business relations took a major step. we set up this joint venture Enterprises aims In order to enhance companies in China CRM call center industry in the market. current and Bellsystem24 a strategic alliance which will undoubtedly enhance PacificNet's product development and market competitiveness, so that we will be able to fund more powerful and more comprehensive, and even better the Chinese market products and services customers. two sides will jointly seek new business opportunities, actively and steadily develop China's CRM market. "

"We believe that the two companies between this kind of cooperation will bring us tremendous competitive advantage." PacificNet president Victor Tong said, "Bellsystem24 in Japan has a huge customer base, especially those who are already established in China's undertakings customers, they will become our target market. at the same time, as China's market continues to develop, there must be a more Japanese Enterprises to domestic business development. addition, in the country, as we have a well-developed infrastructure; In Japan, Bellsystem24 have experience and the maturity of their business relationship. Therefore, the collaboration of resources brought about by the complementary strengths, will help enhance our market position and expand market share. help customers protect their relationship with their users, has always been our the objectives and we believe, by virtue of the mainland and Hong Kong in 16 of industry experience, BELL - PACT will be able to better meet the Chinese CRM and outsourcing services growing market demand. "

Source: 天极 ChinaByte Li Qun Jul. 2, 2007

Baidu.com Next Year May Exceed 80% Market Share

2007-12-02T20:12:00.000-08:00

November 30 news, "China has become the world's first month search request more than 10 billion times, the latest set of global Internet world record." Yesterday (November 29), renowned investigative bodies iResearch "2007 the third quarter of the search engine market report "shows that from September 2007, China's Internet users each month search request over 10 billion times, while the market over the same period the United States search engines search requests is 9.4 billion times. This is the first time in history, China in the indicators over the United States.

In particular it is worth noting that contains September, in the entire third quarter, the Chinese Web search request amounted to 25.88 billion times in the previous quarter growth of 5.3 billion times, of which 4.22 billion for the website Baidu.com growth in search request. In other words, the search engine incremental market 80% has been Baidu.com occupation.

IResearch research report shows that in a record 10 billion search requests, more than 90 percent of the requests came from Web search. In this area, Baidu.com market share has expanded to 73.6 percent. Experts said that in the Accelerating Access incremental market share of competitors and plunder under the influence of the two factors together, Baidu.com next year will likely occupy Chinese search engine more than 80% of the market share.

China now has 172 million Internet users, than America's current 200 million Internet users compared to the base slightly less, iResearch data reflect China's Internet users search behavior has to be more active than in the United States. Following the request of the search, is expected in the next year China will also target Internet users comprehensive few overtaking the United States as the world's highest Internet population in the country.

Source: 赛迪网 Wang Chuan Nov. 30, 2007

China.com Ye Keyong: Become The World's Top 10 Enterprise Software Vendors

2007-12-02T09:09:00.000-08:00

Recently, china.com software, held a press conference in Shanghai to Shanghai media reports on the company's latest product and market strategy. China.com Investment Group CEO and Executive Chairman Ye Keyong, china.com Software Group will adhere to a unique business model, through "acquisition, focus and grow" strategy routes, and strive to become China's first, the top 10 enterprise software Providers.

As an enterprise management software solutions provider, china.com Software Group last year to 245 million dollars in revenue enterprise application software in the world to No. 18. Its parent company china.com Investment Holdings Limited (Nasdaq: CHINA)'s enterprise software, online games, Internet portals and wireless applications four major business groups, the future is expected to split an independent listing.

According to reports, china.com software enterprise management solutions in the world has more than 6,000 corporate users, covering manufacturing, financial services, health care, wholesale and retail sectors. Acquisitions, many of whom are from products including Pivotal CRM, Saratoga CRM, c360 CRM additional products, Ross Enterprise Resource Planning and Supply Chain Management, MVI real-time performance management, IMI warehouse management and order management, Platinum HRM and business analysis solution programs.

"As a Chinese-based global software company, our business model is very different with the other vendors," Ye Keyong said: "We hope that China's software industry and the global market bridge and link using china.com Software Group the advantages of a global plan to direct promotion, joint ventures, strategic investment and acquisition, and other means to achieve business expansion. "In fact, through the acquisition and integration of the two legs of natural growth strategy, china.com Software Group has become" a Chinese background the largest global enterprise software vendors. "

Analysts believe that china.com software urgent need to achieve scale in the domestic market expansion, the group's revenue in China accounts for only its global over 300 million dollars of 2 percent. In response, Ye Keyong indicated that he did not rule out the use of the means of merger integration, focusing on vertical industry software vendors will be china.com takeover target, "It is estimated that China's future business will occupy the global 20 percent share."

Source: IT168.com Jiang Tao Jun. 1, 2007

Qiao Xing That Domestic Brand Handsets Will Prevail Over Foreign Brands: Part 2

2007-12-02T07:53:00.000-08:00

5-7 years foreign brands in China will vitality overdraft End

"Motorola, Nokia, Samsung, Sony Ericsson and other brands with its huge global assets smashing in China is ripe for profit nearly transparent industries in the market, the proportion of their income and output will gradually allow investors disappointed, today's mobile phone giant alligator will be 5 to 7 years overdraft End on its China profits. "Wu Zhizhong say young people so shocked.

His reasoning is that, while foreign handset makers have a strong brand, but several major current state of development of foreign brands, in addition to Nokia is still growth in the other are diminished, and variable length listed cycle, slowing the pace of research and development functions, various the indications are that these foreign mobile phone companies are overdrawn their brands, but Chinese consumers, "Abandon the old for the new" habits will not change, and therefore rely on the brand overdraft growth of foreign-funded enterprises will not be too long. At the same time, second-generation Chinese mobile phone manufacturers in the brand new forces, the technology research and development, marketing means lot more. When domestic brands grow enough to contend with foreign brands, the profits of foreign mobile space will be dwindling and when it sold in the Chinese market profits insufficient to support the globalization of the scale of brands, foreign brands will leave China to search for other suitable developing countries.

In view of this, has assumed Qiao Xing mobile phone brand integration of the heavy responsibility of Wu Zhizhong, Qiao Xing will not seek too Second, the three-tier market siege, but in the mobile positioning in the high-end, the profit guarantee space at the same time, the impact foreign brands in the high-end market. It is understood, Qiao Xing mobile phone models with high-end features and performance, but only half of the market value of foreign brands.

At the same time, Qiao Xing in war preparations 3G market. Wu Zhizhong, said: "3G handsets certainly high initial price, profits greatly. 3G market entry threshold of high technology, most of the non-technology advantages of Chinese mobile phone brands is not the Board will, but Qiao Xing has already possessed the development of two generations semi-and third-generation mobile phone or even four generations of technology. "

According to Wu Zhizhong, 3G arrival, Qiao Xing will be targeting the Olympic Games: "Maybe in the 2008 Olympics on the playing field, we will see a lot of the audience raised hands of Qiao Xing mobile phone use it when the telescope, which is what we are launched against the Olympic Games feature phones, perhaps the Miss will increasingly more frequent use of Qiao Xing phone call is not just to use it, it is of carrying the data suggested that the weight loss may function better by their favor. the authenticity of bank notes with features such as differential cell phone in the next year will be available. "these upcoming products from Wu Zhizhong as" R & D monster "R & D team, C1000 long standby Wang's success, a large part results we should credit them.

Source: 中国经营报 Yu Hong Nov. 19, 2007

Link:
Qiao Xing That Domestic Brand Handsets Will Prevail Over Foreign Brands: Part 1
Qiao Xing That Domestic Brand Handsets Will Prevail Over Foreign Brands: Part 2

Qiao Xing That Domestic Brand Handsets Will Prevail Over Foreign Brands: Part 1

2007-12-02T07:49:00.000-08:00

Who can know in advance seven years on IBM in 2005 to sell its money tree? Brand-name phone companies in the next 5-7 years due to overdraft and the brand lost the Chinese market. This is the owner of three overseas listed company, China's largest mobile phone family business Qiao Xing Group executive director Wu Zhizhong bold predictions.

Independent research and development strength is the guarantee of success

The cell phone industry consensus is that the loss will be the core technology to China may become "economic colony", and have not yet been able to control the core technology of Chinese mobile phone R & D is also a result of the loss of a black hole.

Wu Zhizhong that there is no core competitiveness, independent research and development strength is not strong, the development of new products, lack of independent innovation, management innovation and industrial innovation is the chronic problems of Chinese mobile phone, and the resulting self with Motorola, Nokia and other foreign brands competition , have lost their right to speak. At the same time, many Chinese mobile phone manufacturers one-sided pursuit of short-term profits and brand recognition, do not have the advantage of technology and market circumstances blindly expand production, causing a large number of enterprises is also one of the reasons for failure.

A more important reason is that the domestic manufacturers do not have chip technology, as well as in the technical aspect of program development and handset design reduced to foreign brands "laboratory mice," After this test for the maturity of access for foreign brands the scale of production and sustainable profits, and the pilot was domestic enterprises are gradually lost competitiveness.

When just beginning to the expansion of domestic mobile phone was busy and build factories when, after the Chinese telephone Qiao Xing changes of the times that: "No foreign brands have to contend with the core competitiveness of it is doomed to go very far, the scale of the Chinese mobile phone production time yet that. "well-Chia killing field of the work of father and son to CECT focus on R & D and brand mold, and the growth rate of R & D capabilities to adjust the acceleration of product updates, not just blindly expand production for the CECT So the freeze has weathered period. Now Qiao Xing in Beijing, Shanghai, Shenzhen has five mobile phone R & D center, which is owned three mobile phone brands Qiao Xing phones, the core of the forces.

"Qiao Xing fortunate enough to have their own R & D institutions, and there are sufficient funds listed, which may be adjusted business processes and pilot-scale production, which is CECT C1000, and other products emerging star, is fundamental to the future development of Qiao Xing basis." Wu Zhizhong stressed.

Link:
Qiao Xing That Domestic Brand Handsets Will Prevail Over Foreign Brands: Part 1
Qiao Xing That Domestic Brand Handsets Will Prevail Over Foreign Brands: Part 2

Hurun 2007 China IT Rich List Top 10

2007-11-29T07:17:00.000-08:00

2007 Top　　Name　　Wealth(100 million yuan)　　Companies　　Industry　　

1　　Li Yanhong　　180　　Baidu　　Search engine

2　　Shi Yuzhu　　135　　Giant Investments　　Online games, Pharmaceuticals, finance

3　　Ma Huateng　　120　　Tencent　　Instant messaging, Online games

4　　Chen Tianqiao　　100　　Shanda　　Online games

5　　Ding Lei　　80　　Netease　　Web portal, online games

6　　Dai Weili　　60　　Marvell　　IT

7　　Zhou Guohui　　55　　Eternal Asia　　Supply Chain Management

8　　Ma Yun　　50　　Alibaba　　E-marketplace, online auction

9　　Jiang Xipei　　48　　Jiangsu Far East Group　　Cabling

9　　Pan Zhengmin & wife　　48　　AAC Acoustic Technologies　　Acoustic Technology

Source: hurun.net Oct. 22, 2007

Link:
Li Yanhong: Hurun 2007 China IT Rich List Top
Hurun 2007 China IT Rich List Top 10

Li Yanhong: Hurun 2007 China IT Rich List Top

2007-11-29T07:00:00.000-08:00

October 22 afternoon, the Hurun 2007 China IT Rich List officially announced, Li Yanhong to 18 billion yuan into IT's richest man.

List showed that this year 50 IT Regal's total wealth is 180.4 billion yuan, with an average wealth of 3.6 billion yuan. Li Yanhong to Fortune 18 billion yuan into IT's richest man. Last year's richest man Ding Lei IT while wealth 8 billion ranked fifth. IT richest man in 1998 while Chen Tianqiao wealth 10 billion yuan ranked fourth.

It is reported that this year is Hurun China Rich List fifth release "IT rich list." Hurun China Rich List from 2003, starting "Hurun China IT Rich List," the same year, China is the richest man in the IT industry Ding Lei. So far, the IT industry has experienced three basic development climax: In the late 1990's, IT business tycoons have, one after another, representatives include Ding Lei, Zhang Chaoyang, Chen Tianqiao, etc.; 2000, Ding Lei of Netease, Zhang Chaoyang Sohu's Nasdaq listing in the United States has opened the first round of IT development upsurge since May 2004, Chen Tianqiao of Shanda Nasdaq listing in the United States, began a second round of high tide.

Hurun said: "Over the past two years, IT tycoons Although real estate tycoons as eye-catching, but also the wealth of IT tycoons rapid growth. At the same time, IT is the most transparent, scientific and technological contents of the industry."

Source: 北青网 Oct. 22, 2007

Link:
Li Yanhong: Hurun 2007 China IT Rich List Top
Hurun 2007 China IT Rich List Top 10

Sina CEO - "Strong" Cao Guowei: Part 5

2007-11-27T23:38:00.000-08:00

"Poison pill Plan" in Cao Guowei

"As a result, the actual reading done and the feeling is totally different." Cao Guowei exposure in the United States a lot of Silicon Valley "crazy" things. But Sina, as a major participant, we have taken some dramatic "story", the most classic case is the "poison pill Plan."

"It was a very complicated one week, a lot of things are very dramatic." Cao Guowei said that with the outside world Shanda described the raid Sina different story, the figures extremely sensitive Cao Guowei prior already guessed what happened. "Because of our transaction volume has never been so great. We were only more than 5,0 million shares, the trading volume reached more than 4,4 million shares, the real change hands more than 20 million. Then I think Chen Tianqiao comrades probably in action." 2005 February 8, Shanda on a large scale in buying Sina shares the same day, Cao Guowei fly to Australia are starting their own holiday of the Spring Festival.

The third day of arrival in Sydney, Cao Guowei received a telephone Chen Tianqiao was formally inform Shanda Sina shares of the acquisition. "At that time no surprise, the first reaction is that the company must take useful action." Shanda on February 18 to the U.S. Securities and Exchange Commission filing submitted to the acquisition, Sina hands has prepared a "poison pill Plan."

Many people feel that Sina three days after the SFC submitted to the United States "poison pill Plan", the action is too slow, even with this inference Sina fierce internal struggle. "In effect on February 19 and on the 20th is no transaction weekend, February 21 is the President of the United States, not the same transaction. Until February 22 is Shanda filing submitted after the first trading day, we can not Shanda prior to the record submitted to the poison pill Plan plan. "Cao Guowei explained.

In Cao Guowei poison pill Plan appears to continue to buy only stop Shanda Sina shares, the board of directors and managers is in place to be at that time needs to be done, what is not said tendentious. "Others have washed your yard. We can negotiate, but the problem is standing in the courtyard of the house, or if he further received 30 percent stake, we will not negotiate on the right poison pill Plan is the fight for equal rights. "

February 19, Cao Guowei return to the Beijing began preparing for negotiations with Shanda. "Shanda Sina acquisition means that there is a chance to do transactions, as a board and management, we must seriously consider this opportunity to make a choice." After the week, Cao Guowei are appearing in the daily China World Hotel, the St. Regis Hotel and Grand Hyatt Beijing, such as the most luxurious hotel, with investors from all over the world and lawyers.

In customary financial point of view to the Cao Guowei view, Shanda had purchased a large scale in a short time has not many Sina shares complex logic. "The reason is very simple, Sina's stock value at that time, was severely underestimated. Shanda Sina stock acquisition was a very safe, if not with Sina is the field of strategic cooperation, Shanda will be financially stable earnings."

After three months, Cao Guowei almost all the major issues in negotiations with Shanda. "In fact, the two sides on a reciprocal basis to make a rational longer negotiations. Most crucial thing is if we combined company, the relative value of the two sides on how to display. Shanda shares at that time are now in peak position, and Sina share prices in the doldrums. technically and operationally there are many difficulties, we have very serious negotiations, but still it is very difficult operation. "

Shanda Sina shares on the acquisition to Cao Guowei experienced a "worthy memorable" experience. "This is the first time in the United States capital market an Asian company of another Asian companies' did not expect 'acquisition. Regardless of the legal profession or the investment banking sector are milestone of things."

Source: 互联网周刊 Li Liang & Dong Xiaochang Jul. 5, 2007

Link:
Sina CEO - "Strong" Cao Guowei: Part 1
Sina CEO - "Strong" Cao Guowei: Part 2
Sina CEO - "Strong" Cao Guowei: Part 3
Sina CEO - "Strong" Cao Guowei: Part 4
Sina CEO - "Strong" Cao Guowei: Part 5

Sina CEO - "Strong" Cao Guowei: Part 4

2007-11-27T23:37:00.000-08:00

The strength of bridge

For many in the senior management of Sina, the incumbent CEO, "Laocha" reporting is a "painful" things. Not only because he likes to ask in the end, but also because of his control of the strong figures, many data can be blurted out, and even minor to a channel in a time of the flow data, he is not mistaken to say accurate .

With Wang Zhidong, Wang Yan, and other than several previous CEO, Cao Guowei some less passionate and idealistic colors, greater emphasis on rational and digital management. While Cao Guowei I figure on the very sensitive, the company is operating on the digitized continuously strengthen management.

"Figures speak with company management is a good habit of maturity and training results", Cao Guowei of digital understanding and management of persistent, and obviously he worked for years in Silicon Valley, but also in financial descent, and the establishment of this invisible his communication with investors as a bridge.

In April 2001 Sina landing NASDAQ is the Internet bubble burst during the first week of listing on the Nasdaq down 700 points, but at the end of 2001 all the institutional investors have to withdraw from all of Sina. The second half of 2002, due to the wireless business and advertising rebound, some foreign institutional investors renewed concern Sina, a famous Tiger Fund is invested in Sina's then.

"Because of the time difference, then all of them are in the middle of the night and investors exchanges, and their understanding of China's Internet is very difficult, particularly it is very difficult to explain the wireless business." In Silicon Valley work and life experience, Cao Guowei easily concepts, ideas, positions and so on and offshore investors seamless exchange, it is not just foreign language can do good things.

Especially after Mao Daolin separation, investor relations on all areas of work by Cao Guowei responsible.

Most investors favor or Cao Guowei Sina wireless connection in the two acquisitions. In January 2003 Sina successful acquisition Xunlong, this acquisition is the Internet sector was considered the most successful acquisition cases, the profit contribution Xunlong year than the purchase price, and early in 2004 Sina's shares once even break 40 US dollars.

Cao Guowei think that the timing is very important acquisition, although the acquisition of a second than the first acquisition in negotiation skills, and other aspects of the contract signed more mature, but the overall effect is not the first acquisition as greater efficiency. By the end of 2003, China's wireless market is the most popular, by the end of December acquisition Wangxing all the details have been agreed upon, and even lawyers have been waiting for signing up, but at this time of Cao Guowei has hesitate.

"At that time have already felt the wireless market adjustment could occur, so that Sina contract to a half of idle time." Cao Guowei said that after his stopover in Shenzhen to Hong Kong, one of the founders of the Wangxing Wang Bin (now a senior vice president of Sina) rushed to the Shenzhen airport, a meeting with him to risk-sharing, continue to discuss the possibility of acquisitions.

Cao Guowei recalled that, as consensus has been reached, only spent more than one hour's time, two people set up a very complex structure, not only offer much pressure down on the risk control Sina also have a very good protection. Cao Guowei did not expect that the acquisition Wangxing structure, the industry has become in the case of an acquisition of SP model, after many SP acquisition, as a model.

SP in the two laid the acquisition within a certain period of time Sina's dominant position, let investors see that as a master of acquisitions Cao Guowei, and Sina in advertising revenue continued to climb, let people see a strong, pragmatic Cao Guowei . However, more investors may still expect him to be able to create a new surprise, after all, Sina also owns the accounts up to 380 million US dollars for the acquisition of capital, "The acquisition is the need to" Cao Guowei said.

Link:
Sina CEO - "Strong" Cao Guowei: Part 1
Sina CEO - "Strong" Cao Guowei: Part 2
Sina CEO - "Strong" Cao Guowei: Part 3
Sina CEO - "Strong" Cao Guowei: Part 4
Sina CEO - "Strong" Cao Guowei: Part 5

Sina CEO - "Strong" Cao Guowei: Part 3

2007-11-27T23:28:00.000-08:00

Justifiably

In June 2004, Sina sales day become "difficult" together. Prior to this, as in the content of Sina strong, Sina advertising sales staff in the same industry is "most likely" the work, as long as the unit answer the call, customers can receive the completed work. Even in the sales goals issued, the hands of the accumulation of orders can mandate has been completed ahead of schedule.

Now, accustomed to waiting for the advertising sales staff, we must seriously address the issue lightly down to every level of sales targets of several million dollars every day to work overtime to 8, 9:00 bell to them is very normal thing. While these changes are due to Cao Guowei initially started as co-COO.

Cao Guowei said then succeeding to COO post is a "hot potato." As Sina's wireless personnel turbulence, and the business was occupied at that time Sina's revenue over 70 percent, then the CEO Wang Yan will be fully responsible for the wireless business; COO Lin Xinhe responsible for the search and games business; Cao Guowei from the CFO post as co-COO, responsible for the troubled Sina website operators and advertising sales.

Cao Guowei said: "It is not the failure of Sina most business is facing the most difficult business." At that time, Sina's advertising revenues while still growth, but market share is in constant decline, which means that, far more than the growth of competitors Sina.

The first quarter of 2004, Sina advertising revenue for the 13.1 million US dollars, second quarter advertising revenue growth to 15.5 million US dollars while the same period Sohu first quarter advertising revenue for the 11 million US dollars, but rose as high as 146%, while the second quarter of 13.4 million US dollars, an increase of 97%, and Sina only 1.9 million US dollars gap.

Professional background and made news a few years television reporter Cao Guowei believe in the content and Sina strong compared to sales efforts is far from enough to enhance the combat effectiveness of advertising sales team is very important. As Cao Guowei stressed that the figures speak with cold, the original sales team have left many unable to meet staff, and Cao Guowei spent six to 12 months time, to form a new sales team, the establishment of ad sales involving all the systems.

"Sina's advertising system, management system, shown in the same system may be the most complex industry." Cao Guowei said that the Internet advertising, compared to other forms of advertising to put a lot of complexity, and the mode of China's Internet advertising more diverse, more complex, unlike Yahoo, Google can be as relatively standardized.

In 2005, Sina has been advertising in the leading case, the first time in more than three years the growth rate main rival Sohu, lead to further widening. At the same time, Sina wireless business with the industry trend of decline, other new business mostly short-lived attempt, Cao Guowei outshine others in charge of advertising sales, Wang Yan called the "save the situation."

So, Cao Guowei in Sina's position has been constantly strengthened. In September 2005, Wang Yan, president no longer concurrently by Cao Guowei as president. "From COO to president, in fact there is no change, just to talk about the business more convenient." Cao Guowei, who has been CFO since many of his clients or as CFO, talking about cooperation on advertising contracts is not so perfectly justifiable.

In fact, as early as in 2004 as COO, responsible for the content of operating departments, including senior vice president Chen Tong, then vice president and sales director Du Hong and then vice president and marketing director Shen Jianming, and so are a large number of senior Sina Cao Guowei has to report. "Sina, only Wang Yan not in control of the local, of no less than Charles place." A senior Sina joked.

In May 2006, he was promoted to Sina CEO Cao Guowei, although the industry Sina coach "enthusiasm unabated," but because of previous core business by Cao Guowei responsible, Cao Guowei nature of the work as well as working methods, and not because of changes in positions too much change.

Sina 2007 first quarter revenue of 51.3 million US dollars, revenue from online advertising for 31.8 million US dollars, up 43 percent. Cao Guowei that online advertising is the main reason why growth in 2004 lay a foundation. "Without this at the time established a strong combat effectiveness of the sales team, even to the World Cup also no use, and set up such a system were erected in the structure will take time."

In 2006, Sina business in online advertising revenue more than 1 billion yuan. In 2007, a growth of more than 50 percent on sales of over 1.5 billion yuan plan to sell down to every level has been on the staff. Sina many people do not like Cao Guowei "high pressure" and the "digital words," but he had to admit, Cao Guowei, under the leadership of Sina's performance is strong growth.

As Cao Guowei as Sina current president, is the only access to the management members of the Board of Trustees, Sina also did not have a COO candidate, Cao Guowei in Sina company is more important: "The only change is that the greater the pressure, before Wang Yan is with a team that he assume responsibility, greater pressure, I do some sharing, now that all the responsibilities and pressures in their possession. " 　

Link:
Sina CEO - "Strong" Cao Guowei: Part 1
Sina CEO - "Strong" Cao Guowei: Part 2
Sina CEO - "Strong" Cao Guowei: Part 3
Sina CEO - "Strong" Cao Guowei: Part 4
Sina CEO - "Strong" Cao Guowei: Part 5

Sina CEO - "Strong" Cao Guowei: Part 2

2007-11-27T22:58:00.000-08:00

"Beyond" CFO

It is very difficult to present such Cao Guowei and linked to the description: very thin, retain a long hair. In fact, Cao Guowei study and work in the United States is the day that way, you will find that careful observation, may be affected by the impact of American culture, even wearing a suit, Cao Guowei will appear arbitrary, more often he did not like body wear cautious "formal clothing."

After graduating from Fudan University journalism department, Cao Guowei succeeded in making the United States the Master's University of Oklahoma Press and University of Texas Austin financial professional master's degree. Let Cao Guowei feel Fortunately, after graduation he did not like, as many financial officers to Wall Street, but chose the Silicon Valley, and the next few years is the Silicon Valley, "the most crazy era."

Because of the influx of international capital and various advanced technology-intensive orientation Silicon Valley, has created many miracles, and Pricewa terhouse Coopers as auditor of the Cao Guowei have the opportunity to come into contact with at all stages of development massive enterprise, audited Yahoo, Oracle, and other well-known companies , personally handling the IPO several companies, related to mergers and acquisitions are countless more cases.

In September 1999 Sina listed on the eve of the urgent need proficient in the United States capital markets financial officers joined, although at that time Cao Guowei also rarely landing sina.com, the development of the domestic Internet do not understand, but the concept of the media or Sina deeply attracted Cao Guowei , in a very short few days, Cao Guowei decided to join Sina.

In 2001, Sina operational adjustments, Cao Guowei return to Beijing as CFO. In addition to responsibility for financial management and investment management, would also include personnel, administration, legal background, the entire management system, starting from the perspective of impact on the internal control of listed companies, adjust Sina business.

"At that time there are still large number of the Internet bubble, practitioners lack of experience, in concept, there are some 'if not money eyeball' errors, my role is to allow those non-rational factors become rational." Cao Guowei said that while Sina's business model is not complicated, but the partners involved more, including technical cooperation, media partners, advertisers, and so on, and before the signing of the contract is relatively simple, there are also a large randomness in the approval process and the lack of effective control norms.

"Any project is a cooperation to make money, obviously do not see interest, the financial surely not fail too, has failed to say how." Cao Guowei from the financial point of the contract is destroyed, even though some contracts may have already recognized the CEO. 　

Link:
Sina CEO - "Strong" Cao Guowei: Part 1
Sina CEO - "Strong" Cao Guowei: Part 2
Sina CEO - "Strong" Cao Guowei: Part 3
Sina CEO - "Strong" Cao Guowei: Part 4
Sina CEO - "Strong" Cao Guowei: Part 5

Sina CEO - "Strong" Cao Guowei: Part 1

2007-11-27T22:54:00.000-08:00

Proficient in the news business and finance, the area of investment experience, Cao Guowei in Sina have a "strong" reasons.

It is glaring in a while flash, Sina CEO Cao Guowei with Google vice president of global Li Kaifu holds high a bottle of wine, large, specially made to a huge injection of ice to congratulate Google Sina and the formation of a strategic partner, in June 11th of this scene, even if you did not visit the conference site Sina technology can also see video channels.

Although the CEO post has been more than one year, Cao Guowei still very low key, not even publicly expressed his inaugural speech, and many people are not sure what Cao Guowei this year, unable to judge "Cao Guowei age" Sina will be going? However, careful people will discover that the contents of Sina channel has been integrated into other elements, not only the full sense of the video scene, Sina content channels and interactive blog and the community more in-depth integration, access can easily see that all different forms of cross-related content portfolio.

In fact, efforts to Cao Guowei from Sina, traditional media, Internet users blog and the community, such as video content channel opened, he believed, can improve the entire contents of concern, so as to enhance the value of Sina's advertising. The portals do better! Cao Guowei Sina currently on the development direction of the judgment of the number of people a bit disappointed because he had the operation in the capital's successful people have more expectations.

Investors expect the Internet company is "jumping the high-speed growth and higher profit margins," but Sina Cao Guowei to lead to a more stable direction. "I am a person Internet circle, but also the media circles, certainly not the investment circles, the people." Cao Guowei on its position and now he is in fact the future of Sina positioning.

Cao Guowei English name is Charles, Sina employees called him "Laocha." With several previous full of "emotional" and "idealistic" Sina CEO compared to the financial descent Cao Guowei is rational full. Although the appearance rate is much lower, and visibility is far less than his predecessor, but Cao Guowei of Sina's grasp but pragmatic and tough, the people familiar with him would use the same "strong" word to describe him.

Link:
Sina CEO - "Strong" Cao Guowei: Part 1
Sina CEO - "Strong" Cao Guowei: Part 2
Sina CEO - "Strong" Cao Guowei: Part 3
Sina CEO - "Strong" Cao Guowei: Part 4
Sina CEO - "Strong" Cao Guowei: Part 5

China's Richest Man Chaos: The Troubles are Virtual: Part 4

2007-11-27T19:27:00.000-08:00

The richest man in "fight"

In the end who is the richest man in China today?

This troubled Mr. Wang's problems should have the answer at this time. It is easy to see from the above, some of their own media reports there is a flawed, or the aging data, or comparison than unequal. According to HKEx statistics, as of July 16, Fosun International Limited gross market value of 64.63 billion Hong Kong dollar, Guo Guangchang for holding 2.9 billion shares while sitting on the market value of nearly 30 billion Hong Kong dollar, the net worth of 69.5 billion Hong Kong dollar residing in the Country GardenYang Huiyan net worth of 64 billion Hong Kong dollar and the Nine Dragons Paper Zhang Yin, but beyond Gome Electrical Appliances of Huang Guangyu, the highest in the third list of domestic wealth.

However, for those of the rich and worth tens of billions of dollars to run, the wealth of concrete figures have little meaning in itself a matter of fact, stock prices change every day, or up or down, they will affect the rich value. Therefore, thinking about the future than the appreciation of the development of their names on the list to a more valuable.

If as expected, then, sooner rather than later, the 25-year-old Yang Huiyan will be I do not know where the emergence of the next replaced by the new richest man. And she can unload this pair of heavy burden for the media no longer become the most enthusiastic about the wealth darling heave a sigh of relief.

Economic figures in a virtual magic wand, to power as a foundation, to help with capital, will maximize the value of its own, China is the richest man in the process of growing up around a stage in the past do not, we need such a group from the international capital built up with the commercial rookie . Because they are very experienced in capital rules, and it was precisely this rule, and created the new leaders of the rich create speed.

This is a transition period in China, as the list of the richest man in the endless changes in the same turnover, full of boundless imagination. Even the spirit of full entertainment Hurun also admitted that the British guys, when Suntech Power Shi Zhengrong the emergence let him realize that there are many rich people in China still have not found, the so-called "stealth rich."

Today, as China's richest man is still kept transform, the other side of the ocean's Bill Gates, worth over 56 billion US dollars, no matter which one the richest man in China, which used a calculation method, all uncontested. So in the end on China's richest man who really have no need for concern. Have time or examine their wealth road to see how we can reproduce its rich version made some more valuable.

Source: 经济视点报 Jiang Huashan Jul. 18, 2007

Link:
China's Richest Man Chaos: The Troubles are Virtual: Part 1
China's Richest Man Chaos: The Troubles are Virtual: Part 2
China's Richest Man Chaos: The Troubles are Virtual: Part 3
China's Richest Man Chaos: The Troubles are Virtual: Part 4

China's Richest Man Chaos: The Troubles are Virtual: Part 3

2007-11-27T19:12:00.000-08:00

Ups and downs Giant

In 1997, because of the greed of Zhuhai Giant Building, Shi Yuzhu billion in debt, a bona fide "China's first negative", but a short span of 10 years, Shi Yuzhu not only pay off the debt, but also the rapid accumulation of wealth by a few tens of billions yuan.

In 2060, with modern aircraft, tanks through the space-time tunnel, back to 200 years ago to defend the imminent destruction of the Yuanmingyuan - you willing to pay for? Shi Yuzhu very confident in chinajoy exhibition, he predicted - this is still in the development stage of the network game, "Giant", 2001 will become the country's most popular game. This is Zhengtu Network development of the 2 games, the first game, "Zhengtu" has been more than 1.05 million gamers online achievements at the same time, let Zhengtu Network chairman Shi Yuzhu emboldened full.

Without Zhengtu Network confirmed sources said this year in February "Zhengtu" profit reached 110 million yuan, this is probably the beginning of wealth fissile foundation. With Zhengtu Network listing of the year approaches, Shi Yuzhu for financial data and wealth figures appeared to be quite cautious, but still can not restrain the market's conjecture - if Zhengtu Network IPO price-earnings ratio of 30 times, Shi Yuzhu of the Zhengtu Network shares (estimated at over 90%) the market value may more than 40 billion yuan, with its Minsheng Banking, Hua Xia Bank's investment market value, the net worth of Shi Yuzhu end is very likely more than 50 billion yuan, with "Giant" with the market development the shares rose expected to close and more than Yang Huiyan nearly 70 billion yuan assets is possible.

Yang second daughter

On April 20, 2007, the Hong Kong Stock Exchange, code-named "2007. HK", "Country Garden" as an unbridled Mustang, in the listing within a short span of two minutes, or 5.38 Hong Kong dollar from jumped to 7.21 Hong Kong dollars a day to 7.35 Hong Kong dollar maximum price than listed price increases of 37%, turnover for the 1004020000 shares, turnover amounted to 7.226 billion Hong Kong dollar, the highest ordinary shares on the Hong Kong Stock Exchange first transaction amount .

And the same time, Zhang Yin richest man before the Nine Dragons Paper's market value of 68.239 billion Hong Kong dollar, holding 72% of Zhang Yin net worth 49.132 billion Hong Kong dollar. This means that the actual holders Country Garden Yang Guoqiang personal wealth than Zhang Yin beyond the 1/3, well-deserved Chinese mainland's richest man.

Two years ago, then only 23 years old and graduated from Ohio State University in the United States market and the logistics of the Yang Huiyan, joined Country Garden, as Yang Guoqiang's personal assistant. The same year, Yang Guoqiang all its shares transferred to the holders daughter, Yang Huiyan train successors for their own cause. Yang Huiyan of the transfer of ownership after his father, and a year later presented to the other shareholders equity. As of March, Yang Huiyan holders Country Garden Group 70 percent stake, as the largest shareholder, is also the Board of Directors.

And Ding Lei, Chen Tianqiao, Huang Guangyu, Zhang Yin, etc. Compared to the previous richest man, Yang Huiyan it is the youngest, but his father Yang Guoqiang yet be called "the territories" of China's richest man. It is understood that the people of a very low key Yang Guoqiang, despite outstanding reputation, has long been a frequent visitor of the rich list, but almost never in public appearances or how media interviews. He said he likes to stay most companies selling real estate, the sales of the corner of a quietly observe sales progress, and has always been around people who may have thought he was up to watch where the old farmers.

Link:
China's Richest Man Chaos: The Troubles are Virtual: Part 1
China's Richest Man Chaos: The Troubles are Virtual: Part 2
China's Richest Man Chaos: The Troubles are Virtual: Part 3
China's Richest Man Chaos: The Troubles are Virtual: Part 4

China's Richest Man Chaos: The Troubles are Virtual: Part 2

2007-11-27T09:53:00.000-08:00

Dragon and tiger brothers

This family of the richest man in the ring is too eye-catching, although in the "2006 Hurun China Rich List," the first woman on the mainland Zhang Yin richest man, but for reelection as the 2004, 2005 and the richest man Huang brothers, and its strength ready to be the richest man so that they once again boarded the seat.

Recently, this "backdoor listing Wong Towercrest brothers will be among the richest families," media reports widely circulated online, it is this yearning for the infinite Longhu brothers. Mentioned in the text: "Huang Junqin, Huang Guangyu two brothers in 1987 co-founded Gome Electrical Appliances, after the 1993 separation. After his brother to the real estate industry, established Towercrest; brother alone while operating Gome, Gome Electrical Appliances, Pengrun Real estate constitutes its main asset. backdoor was Towercrest the Shandong Jintai wish to make a specific number of shares issued object orientation is not over 8 billion shares, after the reorganization of the listed net assets will greatly exceed the current property plate in the first Vanke, a circle boss. successful landing if Towercrest listed A-share market, now the A-share market to the real estate company's industry average P / B 7.59, Huang Junqin will exceed the value of their brother, at least 20.3 billion worth. "

So, once again, Wong brothers to more than 40 billion yuan in value crossed Zhang Yin, a mainland richest family.

Sun head

1992 end of the year, Guo Guangchang and several students of this university together founded the Fosun High Technology, subsequently, Fosun High Technology became the first listed Shanghai private enterprises. Reportedly, when he will be ready for the dollar to go abroad all replaced by the renminbi, the total is only 38,000 yuan, together with part of borrowed money, and students do with this wife and children from a check in Shanghai not holding a magnifying glass to find all the private technology consulting firm, From then on, started to embark on the "success" road.

Years ago, "Fosun" Group of total sales have more than 30.3 billion yuan. In mid-2004, the Group's total assets of over 33 billion yuan. Currently, its investments are mainly concentrated in Shanghai, and its total of nearly 100 companies, and holding shares seven listed companies, including "Fosun Pharmaceutical," "Yuyuan Tourist Mart," "Friendship Group", "Lingrui Pharmaceutical," "Tianyao Pharmaceutical, "" Nanjing Iron & Steel, "" Shanghai Forte Land ", is the mainland's prominent capital predators.

Generally, a person can obtain a dominant position in the field has been difficult indeed, Fosun Group chairman Guo Guangchang in the three sectors have more advantages status - high-tech, medicine, real estate, it is amazing. Over the past two years, Guo Guangchang also get involved in the iron and steel industry success.

With the success of Fosun International Limited listed holdings Fosun International Limited 58% of Guo Guangchang benefit. After the news, Fosun Group is planning a number of high-quality assets will be split its listing. Among them, the Fosun's Tebon Securities IPO is carried out with great fanfare, and Shanghai Forte Land return to the A shares will also be completed this year. Analysts pointed out that with 2007 Fosun Group capital operation commenced operations, Guo Guangchang the value will be dramatically increased.

Link:
China's Richest Man Chaos: The Troubles are Virtual: Part 1
China's Richest Man Chaos: The Troubles are Virtual: Part 2
China's Richest Man Chaos: The Troubles are Virtual: Part 3
China's Richest Man Chaos: The Troubles are Virtual: Part 4

China's Richest Man Chaos: The Troubles are Virtual: Part 1

2007-11-27T09:37:00.000-08:00

Economic figures in a virtual magic wand, the Chinese entrepreneurs to power as a foundation, to help with capital and constantly maximize the value of their own will, thus playing a set of interesting, "China's richest man chaos."

They very experienced in capital rules, and it was precisely this rule, and created the new leaders of the rich create speed.

In Zhengzhou, a city of homes office, Mr. Wang looked at the side of the computer screen and confused while himself and said: "Change is really too fast!"

So Mr. Wang confused and issued sighs of this is a News: July 16, the largest private integrated enterprise Fosun International Limited officially listed in the Hong Kong Stock Exchange. Listed ago, Fosun Group president Guo Guangchang holders Fosun International Limited 58% stake. If the IPO to 9.23 Hong Kong dollar cap dollars, Guo Guangchang assets has been more than 32 billion Hong Kong dollars over the Mainland's richest man Huang Guangyu (20 billion yuan).

Mainland's richest man has changed - indeed let this news has been "adore," Zhang Yin of Mr. Wang feel lost.

In fact, Mr. Wang confusing so much more to, back in April, Guangdong Shunde developers Country Garden listed in the Hong Kong Stock Exchange, holders of 9.52 billion shares Country Garden major shareholder of the 25-year-old Yang Huiyan assets, at one stroke over Zhang Yin, which is about 66.64 billion Hong Kong dollar.

Mainland's richest man why so many? Who would be under a new richest man?

Link:
China's Richest Man Chaos: The Troubles are Virtual: Part 1
China's Richest Man Chaos: The Troubles are Virtual: Part 2
China's Richest Man Chaos: The Troubles are Virtual: Part 3
China's Richest Man Chaos: The Troubles are Virtual: Part 4

Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 4

2007-11-26T06:24:00.000-08:00

Go public myth: Fortune year up 9 times

Although the United States is the king of papermaking raw materials, but if enterprises do not go public, Zhang Yin not the wealth between 2001 up nine-fold from last year Hurun China Rich List of 36, 3 billion yuan assets, jumped to the first of this year, 27 billion yuan of assets. Hurun China Rich List and the previous two richest man Huang Guangyu similar, Zhang Yin go public to the wealth of instant expansion.

This year, on March 3, Zhang Yin's the Nine Dragons Paper (2689.HK) successfully go public in Hong Kong, and eventually obtained 578 times over-subscribed, fund-raising 3.8 billion Hong Kong dollar. Global sale is completed, Zhang Yin family holders Nine Dragons Paper74.7% of the shares to IPO price 3.4 HK dollars, Zhang Yin family's shareholdings in the IPO market when it reached 10.5 billion yuan.

Landing the Hong Kong Stock Exchange Main Board, Nine Dragons Paper has triggered an upsurge of Hong Kong retail market, many of whom are President Li Zhaoji Hendrson Land, New World Development Chairman Zheng Yutong and Kerry Group Chairman Guo Henian heavyweight such as Hong Kong tycoons. At that time, the Hurun already in speculate, Zhang Yin "very likely be the first to win China's richest country women."

Go public, Nine Dragons Paper shares climbing higher and higher. Especially in September announced in late go public after the first annual report, "the company realized net profit of 1.375 billion Hong Kong dollar, an increase of 352.6 percent" positive again pushed up stock prices, forecasts for more than nine Hong Kong dollar, the company created go public after the stock increases more than 2.6 times the total, with brilliant achievements, Zhang Yin once again the value soaring.

In accordance with the Nine Dragons Paper on the 11th 9.27 Hong Kong dollar's closing price, Zhang held 74.7% of the market value of assets Yin couples name has over 28.7 billion Hong Kong dollar, which she had not included in the waste paper recycling in the United States and related transportation business assets.

Women's richest man Zhang Yin I still ambitious, the performance at the recent conference, Zhang Yin said: "In the next year, our goal is to increase annual production from the current 3.3 million tons increased 62 percent to 5.35 million tons; by 2008, the company's production will reach 7.15 million tons, is expected to become the world's largest packaging manufacturers. "

Source: 东方早报 Chen Hua Oct. 12, 2006

Link:
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 1
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 2
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 3
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 4

Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 3

2007-11-26T06:10:00.000-08:00

The first barrels of gold: "waste paper is the forest"

A "paper is the forest", and help wealth Zhang Yin opened the door. Simply put, she is by using waste paper to paper made their fortune.

In China, engaged in the businesses of many people, but not many people make a lot of money, Zhang Yin to this threshold is not high in the industry has achieved big business, first on their own entrepreneurial courage, and the other is the wisdom of constant mental and physical operation .

In 1985, Zhang Yin abandoned the Shenzhen Trust a joint venture under the generous treatment, a person carries 30,000 yuan veteran Hong Kong. That year, she was just 27 years old.

She was leading the industry into the "masters" of a paper mill is the director of the Mainland. Zhang Yin began and is reluctant to do this industry, but "masters" told her that waste paper is the forest, the future certainly from the paper industry to recycled paper resources development. The "master," said Hong Kong's imports from the pulp containing more water, the quality is not high, I hope that she can change this phenomenon.

Zhang Yin It was so into the "abrogation of waste paper" business. Within just a few years, Zhang Yin business in Hong Kong has been growing rapidly. Through the acquisition will be carried out to the recycling of waste paper, Zhang Yin set up their own firms and paper packaging plants. Along with the development of Hong Kong as an island of waste paper has enough Zhang Yin spent. Thus, in February 1990, Zhang Yin came to the global paper industry one of the most developed country in the United States, together with her husband Liu Mingzhong established America Chung Nam, to continue to engage in waste paper recycling business.

United States abundant waste resources and the China trade with the United States rose sharply, Zhang Yin wealth have become the helper. Reportedly, the frequent Sino-US trade, China's exports to the United States more and more containers. However, these containers are often returned to China and return empty, Zhang Yin carefully from the business opportunities found. She used these vessels returning from the United States shipped pull of paper, freight low.

Zhang Yin in the United States to buy the cheaper price of waste paper, it is so low freight through, she continually sent to the mainland for further processing factory, produce quality cattle cardboard, waste paper "renewable" has become Zhang Yin source of wealth. In 2002, she jumped to American companies export amount for the United States to the largest container company, and her factory in Dongguan become the world's paper production giant member of the packaging.

Hurun analysis, China's goods are mostly exported to the United States, very few people from the United States exports to China, Zhang Yin business model on the Special suddenly famous. In 1990, Zhang Yin of papermaking raw materials company America Chung Nam has become the nation's largest papermaking raw materials exporters, and has been reelected. Now America Chung Nam is the world's largest paper raw materials exporters, export more than 5 million tons, and an average 30% increase in business in the United States, Europe, Asia, the export industries in the United States ranked the number of containers China ranks first.

Link:
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 1
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 2
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 3
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 4

Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 2

2007-11-26T06:03:00.000-08:00

Mysterious Magnate: Send Attorney Opinion Letter request was not among

According Hurun said, Dongbei, Fujian, Dongguan, Beijing, Wuhan, the five major Chinese tycoons "stealth", the search through the 2008 Regal China practice, he found that the five places in the wealthy hardest investigation, it is a mysterious.

Zhang Yin at the same time and one of the Northeast, Dongguan close to the two places. It is understood that Zhang Yin was born in the Northeast, while domestic focus on the cause of Dongguan.

In 1987, in Hong Kong Venture 2 years she started to invest in China to choose partners, is the first stop in the northeast. Zhang Yin and paper mill joint venture Yingkou in Liaoning, and very quickly have been successful. Later, she and Wuhan Dongfeng paper mill, a paper mill in Tangshan, Hebei joint venture, to further expand the scale of investment.

Zhang Yin then Dongguan in Guangdong on the career reached a peak after another. In 1988, she established in Dongguan factories owned their own - Dongguan Chung Nam Paper. In 1996, Zhang Yin in Dongguan and investment 110 million US dollars building the Nine Dragons Paper, the United States will be high-grade waste paper for the production of cattle cardboard. In July 1999, Zhang Yin continue to inject 110 million US dollars for the second phase project of the expansion. In 2004, Zhang Yin once again put more than 100 million US dollars, the third-phase project expansion. As of June, Dongguan Paper production scale reached 3.3 million tons, becoming the world's few giant member of the production of packaging paper.

Therefore, Zhang Yin entrepreneurial 18, Hurun research departments in finally heard a Dongguan "doing great" entrepreneurs, Zhang Yin wealth which first surfaced, gradually began known. In 2003, Zhang Yin first boarded "Hurun China Rich List," she to 2.5 billion yuan of assets ranks No. 17.

Although it has been three years in a row into the wealth list, Zhang Yin present in the country is still high visibility - more than a year before the 2005 Forbes China rich list, Zhang Yin only 1.5 billion yuan of assets, not ranked eyes from the first 107.

Zhang Yin, I rarely appeared in public occasions. Shanghai Oriental Morning Post reporter yesterday on the Nine Dragons Paper for an interview, office staff informed, Zhang Yin most of the time in the United States, generally only a board of directors or shareholders in the General Assembly when returned to China.

Yesterday, when Zhang Yin was formally declared to be the richest man in China's first woman when she was still in the United States.

Link:
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 1
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 2
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 3
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 4

Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 1

2007-11-26T05:50:00.000-08:00

Mainland's richest man by the first title won --- 49-year-old female of Heilongjiang Zhang Yin people yesterday to 27 billion yuan worth, go ahead and "2006 Hurun China Rich List."

"She is the world's richest independent entrepreneurial women, which is more than the United States talk show host Oprah Winfrey and" Harry Potter "author JKRowling." Hurun said that China has been the role of business women in the "dramatic changes" from start to play the protagonist of the story of modern China.

British Hurun China yesterday announced the birth of the first woman's richest man.

27-year-old, Zhang Yin carries 30,000 yuan alone their battles Hong Kong. 49-year-old, she became the 2006 Hurun China Rich List new richest man, assets reached 27 billion yuan. China's richest man on the first day of women, she listed companies Nine Dragons Paper (2689.HK) shares yesterday rose 2.7 percent, the day was Zhang Yin wealth within added more than 1.7 billion yuan, up 28.7 billion Hong Kong dollar.

The less known the richest man in the domestic first woman in 22 years assets rose 900,000 times! And for her to create huge wealth, it was "the collection of waste paper," the eyes of the ordinary people broken businesses.

This list Hurun manufacturers such assessment: Zhang Yin is not only the richest man in China, she also has become the world's richest tycoons women start from scratch. British female idols - "Harry Potter" author Rowling's assets is 1 billion US dollars, the United States famous female talk show host Oprah Winfrey is 1.5 billion US dollars, Zhang Yin of 3.4 billion US dollars worth higher than them two or three times .

However, and Rowling, Winfrey different yes, Zhang Yin Although more, but most people she knew nothing about.

Link:
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 1
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 2
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 3
Zhang Yin: "The Collection of Waste Paper" Is A Collection of 28.7 Billion Hong Kong Dollar: Part 4

Revelation Peng Xiaofeng Growth Experienced: Part 3

2007-11-25T08:04:00.000-08:00

[Dialogue]

Peng Xiaofeng have subscribed to the "harsh" requirement

Wang Dehe disclosed to reporters Peng Xiaofeng his talks with the main contents of half an hour. He said, sum up, Peng Xiaofeng in half an hour, described an industry dream, and made two requests.

Asked Xinyu government supports 200 million yuan

Reporter: Peng Xiaofeng to what you raised two demands?

Wang Dehe: One is the need to ensure that "LDK Solar" production of power for 24 hours; Second, the government needs the support of 200 million yuan of funds.

Reporter: 200 million yuan capital investment may small, how do the event of failure? Then how you think?

Wang Dehe: 200 million yuan, Xinyu, is not a small number, in 2004, annually, Xinyu financial revenues only 1.8 billion yuan or so. Can produce 200 million yuan is a problem, more importantly, will this huge sum of money loaned to a private enterprise, once the problems, my great political risk. However, in order to seize the opportunity, you must take risks. However, I watched the "LDK Solar" procurement polysilicon films equipment orders before the money allocated to them.

Reporter: This 200 million yuan of funds is how to resolve?

Wang Dehe: to gather sufficient support this 200 million yuan government, headed by me personally find Jiangxi Province International Trust and Investment Corporation, as we are the old customers, Jiangxi trust of our very confidence, we secured Xinyu City Financial, issuing trust products financing 100 million yuan. The remaining 100 million yuan, they must be rigged up, Xinyu City Financial raise the tens of millions of yuan, Jiangxi provincial financial department to support a part of, and then lend the Xinyu 30 million yuan.

"LDK Solar" miracles due to positioning accuracy

Reporter: two years, the establishment, construction, the New York market, and Asia's largest provider of polycrystalline silicon film. Do you think that the "LDK Solar" Why create this series of myths?

Wang Dehe: First of all, because of Peng Xiaofeng accurate strategic choice. At that time, this industry Although China has had some solar electronics makers, such as Suntech-Power; also had some solar assembly plants, such as the Canadian solar companies. However, in the upper reaches of the industry chain, silicon of this link into the enterprise not much. This should be our very fortunate thing. The strategic choice, the LDK choose the first step in a very correct move, forward-looking; Another is that Peng Xiaofeng human resources input.

Reporter: back again before the decision, you afraid of?

Wang Dehe: This year in July, "LDK Solar" After one month after the successful listing will be 200 million yuan loan company with interest in full restitution Xinyu city, I take the risk of a successful conclusion. Looking back on the development of the whole thing, is a bit mean, certainly there are risks listed unsuccessful. It can only do we actively explore a victim of industrial development.

[Scores]

"LDK Solar" is expected to contribute to 2001 revenue 3.6 billion

This year, on June 1, the LDK Solar success of the New York Stock Exchange in the United States, the history of China's enterprises in the United States issued a single one of the biggest IPOs.

According to Wang Dehe, currently "LDK Solar" already has 1,000 megawatts of polysilicon film production. According to the board by the end of July in the United States released the information, to 2009, "LDK Solar" to reach 1,600 megawatts of capacity than the original plan three years ahead of time.

Wang Dehe operator has been an account, if the 6 percent tax levy, "LDK Solar" an annual output value of 60 billion yuan, can contribute Xinyu tax 3.6 billion yuan, which is equivalent to that the government borrowing 200 million yuan of security 18 times. In Wang Dehe plan, then, Xinyu there will be more funds to support such as "LDK Solar" such enterprises developed.

Source: 信息日报 Deng Qiuyan & Zhong Jinping & Wu Xinrong Oct. 10, 2007

Link:
Revelation Peng Xiaofeng Growth Experienced: Part 1
Revelation Peng Xiaofeng Growth Experienced: Part 2
Revelation Peng Xiaofeng Growth Experienced: Part 3

Revelation Peng Xiaofeng Growth Experienced: Part 2

2007-11-25T08:00:00.000-08:00

[Venture]

The resignation of three years decided to start business

Work experience accumulated foreign trade

Peng Xiaofeng 1993 years after graduation, assigned to the Jian City Foreign Trade Bureau. Teacher Li Peng Xiaofeng group said Peng Xiaofeng to the Foreign Trade Bureau, mainly responsible for foreign trade aspects of the work carried out very good work. Three years later, Peng Xiaofeng decided to resign business. At that time, Jian City Foreign Trade Bureau staff also called the school, hoping to retain Peng Xiaofeng.

Founded companies

On March 24, 1997, Peng Xiaofeng incorporated Liuxing Industries Limited, the company's main import and export trade, is a professional production of the Occupational Safety and Protective Equipment entity enterprises. At the same time, Peng Xiaofeng Suzhou City, Jiangsu Province invest in the construction of the Suzhou Liuxin Industrial Company Limited, the company is Labor Insurance clothing, safety shoes, gloves labor insurance, occupational clothing, and other export trade-oriented production trading entity. In July 2005, Peng Xiaofeng incorporated Jiangxi LDK Solar Co, Ltd., personally as chairman and chief executive officer.

■ behind-the-scenes story

Half an hour finalized "LDK Solar" settled Xinyu

Xinyu City Party Secretary Wang Dehe Fung Yin arranged to

As an "insider", Xinyu City Party Secretary Wang Dehe disclosed to reporters the introduction of "LDK Solar" behind-the-scenes stories.

In 2005, introduced by friends, Peng Xiaofeng know Wang Dehe. Thus, the two Had.

Wang Dehe told reporters that in 2001, then-Deputy Mayor of Shangrao City he started to pay attention to solar energy industry. In order to understand the solar industry, Wang Dehe also specialized rushed to the Institute of Shanghai Jiaotong University Solar ask for advice, where he knew not only into the solar heat, but also into electricity; know that the Principle of solar lights ... … Wang Dehe in Shangrao to organize a solar cell assembly plant. However, shortly afterwards, he was transferred to Yichun, this issue was temporarily shelved.

But Peng Xiaofeng in Xinyu founded the Liuxin Industrial Park, shortly after construction started, the development of solar energy industry has brought the idea of this naturally aroused Wang Dehe that dream.

According to Peng Xiaofeng, a familiar source, because production of Labor Insurance products are mainly exported abroad, Peng Xiaofeng often travel to Europe and the United States and other countries. In Germany, the Netherlands and other countries, exchanges in customers, many others in the use of solar power to Peng Xiaofeng feel fresh. Since then, Peng Xiaofeng started research on the solar energy industry. However, in this production chain, from whichever part of entry, Peng Xiaofeng heart or no spectrum. Later, he met with the American GT Solar, a solar power industries began the prospects clear.

At that time, Peng Xiaofeng alternative sites in addition to Xinyu, there are Suzhou, Jian, and other places. Peng Xiaofeng in the initial program, in the construction of solar Suzhou industrial base, is a labor-intensive industries to the Labor Insurance supplies production, transfer to Xinyu. But in the end, and Peng Xiaofeng Wang Dehe only half an hour of talks, finalized this new high-tech enterprises finally settled down in Xinyu.

Link:
Revelation Peng Xiaofeng Growth Experienced: Part 1
Revelation Peng Xiaofeng Growth Experienced: Part 2
Revelation Peng Xiaofeng Growth Experienced: Part 3

Revelation Peng Xiaofeng Growth Experienced: Part 1

2007-11-25T07:55:00.000-08:00

On the 9th, this newspaper reported the Jiangxi Anfu membership entrepreneurs, LDK Solar Co, Ltd. Peng Xiaofeng, chairman and CEO of one of "Forbes" "China rich list" sixth news. For a time, Peng Xiaofeng's name is widely known in Jiangxi. Only two years of a business enterprise, its head in a short period of time that we can into the "Forbes" "China rich list" sixth? Peng Xiaofeng in the short term is how to create miracles? The original "LDK Solar" will be settled in Xinyu why? ... All these have aroused the concern of readers.

Our reporter Alliance Peng Xiaofeng himself and Xinyu City Party Secretary Wang Dehe, teachers and students Peng Xiaofeng, Peng Xiaofeng successfully opened fully behind the story.

■ interviewed

Peng Xiaofeng keeping a low profile

This Nanchang reporter: on the 9th, the news through Peng Xiaofeng, a junior high school students linked to the telephone Peng Xiaofeng himself. Peng Xiaofeng intent that an interview to reporters, said just know that he is one of "Forbes" "China rich list" in the top ten. He said the company, temporarily allow anyone to media interviews, and then they politely declined the interview.

■ successful course

The resignation of graduation three years on business start

"Peng Xiaofeng boarded the Forbes rich list is well-deserved, we have this more than a year of efforts have not been in vain." On the 9th, Jiangxi LDK Solar Co, Ltd. the source said. Teachers impression, Peng Xiaofeng like learning; company employees in the eyes of his amiable, good at business. The reporter also tried to Peng Xiaofeng periphery of the interview, let more people understand the Forbes new favorites.

[Families]

Parents are businessmen

At 9:00 on the 9th, the reporters opened "China Anfu net", the website will be linked to the location on the front page of the "Peng Xiaofeng (Anfu nationals) among the top 10 tycoons mainland China."

Later, Peng Xiaofeng reporters and junior high school students - Township Chapter administered by the station Luo Jianhua contacted. Luo Jianhua excitedly said that he is only aware of the morning read newspapers Peng Xiaofeng boarded the "Forbes" "China rich list" in the top ten news. Peng Xiaofeng also to the telephone, told Luo Jianhua should not arbitrarily media interviews.

Students urged to consider, Luo Jianhua only briefly to reporters, Peng Xiaofeng 1975 was born in Anfu County Yang Mun Rural Square Village, the school has consistently been in the top three academic performance, parents Island Town has been doing business clothing, 1997 with Peng Xiaofeng to Suzhou venture.

[Academic]

Mathematical successes rods

Junior Secondary Education Top

The math teacher Peng Xiaofeng Wang Lifeng told reporters, Peng Xiaofeng junior high school results have been among the best, mathematics successes rods. 1990 Anfu County Junior High School Mathematics Olympiad, Peng Xiaofeng won the title. In 1990, Peng Xiaofeng from the Island Lake School, was admitted to the school's Jiangxi Province, when a math test him out.

In Wang Lifeng view, Peng Xiaofeng discourse is not a student, not only academic performance, and a person particularly good, Lok Sin application support, each school would go and see him.

Self-learning Japanese and German

On the 9th, Jiangxi Vocational Institute of Foreign Economic Management Department Head Li Zhiqun told reporters that in 1990, Peng Xiaofeng was admitted to outstanding results in Foreign Language Foreign Trade Jiangxi Vocational College (formerly called Jiangxi provincial foreign trade schools).

On Peng Xiaofeng, Li Zhiqun teacher said: "In addition to major programs, Peng Xiaofeng also self-learning Japanese, German, when schools do not open Japanese, German courses."

Jiangxi Vocational College of Foreign provided to reporters the school Peng Xiaofeng table, the reporter saw in the table in the school, Peng Xiaofeng 1975 was born and has worked for the Anfu County Fair next primary, Island Lake secondary school. See table from school, Peng Xiaofeng homework is good for all, in 80 or so.

"Basis accomplishments, Peng Xiaofeng compared with the other students is not very prominent, but he particularly diligent study, majoring in the courses very well." Jiangxi Vocational College of Foreign Associate Professor Ma Zhanfu told reporters.

Link:
Revelation Peng Xiaofeng Growth Experienced: Part 1
Revelation Peng Xiaofeng Growth Experienced: Part 2
Revelation Peng Xiaofeng Growth Experienced: Part 3

"2007 Hurun Richest Women in China List" Came Out: Part 2

2007-11-24T22:08:00.000-08:00

Parents received the baton from the hands of

26-year-old Yang Huiyan to Fortune 130 billion yuan into richest man. This year April Country Garden Holdings Co., Ltd. listed in Hong Kong, the current market value has exceeded 200 billion yuan. Her father, Yang Guoqiang 1992 founded the Country Garden Holdings Co., Ltd., in 2005, graduated from Ohio State University in the United States Yang Huiyan join the Country Garden Holdings Co., Ltd., as Yang Guoqiang's personal assistant. The same year, Yang Guoqiang stake holders will be transferred to its daughter Yang Huiyan. Yang Guoqiang remains Country Garden Holdings Co., Ltd. Executive Director.

27-year-old Liu Chang wealth of 10.5 billion yuan rankings to sixth, her wealth in the past year increased by four times. She is the New Hope Group chairman Liu Yonghao daughter. Relying on strength of the family, 27-year-old Liu Chang boarded a Chinese list of the richest women.

Possession of wealth together with their families

Among the list of female tycoons, some with their families or husbands co-owned wealth. For example: Pioneer Metals & the Lv Hui Chen Ningning her daughter, wealth 10 billion yuan. SIM Technology Group Ltd. Yang Wenying and family, wealth 1.7 billion. Hailiang Group Feng Yali and family, wealth 5 billion yuan.

And her husband co-owned wealth

Pacific Construction Zhang Yunqin couples to Fortune 100 billion, ranking eighth. Fu Ji Food Yao Juan & Wei Dong couples No. 11, wealth 7.6 billion yuan; Heung Kong Group Zhai Meiqing & Liu Zhiqiang couples No. 15, wealth 5.8 billion yuan; Sun Media Investment Yang Lan & Wu Zheng couples wealth 5000000000 yuan, No. 18; Trina Solar Limited Wu Chunyan & Gao Jifan couples No. 23, wealth 3.2 billion; Hengshunchang Chen Yamei & Qiao xin couples No. 25, wealth 2.8 billion yuan; Dangdang.com Yu Yu & Li Guoqing couples, wealth 1.8 billion yuan, ranking No. 32. And so on.

Source: 深圳特区报 Li Ping Oct. 13, 2007

Link:
"2007 Hurun Richest Women in China List" Came Out: Part 1
"2007 Hurun Richest Women in China List" Came Out: Part 2

"2007 Hurun Richest Women in China List" Came Out: Part 1

2007-11-24T22:03:00.000-08:00

Zhang Yin Habitat global tycoons of the first women start from scratch

Today, the "2007 Hurun Richest Women in China List" came out, which, Yang Huiyan to Fortune 130 billion yuan into 2007 Chinese women's richest man, last year's women's richest man Zhang Yin to Fortune 77 billion, ranking the second, but she remains the world's most wealthy women start from scratch, and Zhang Yin Yang Huiyan therefore won the "2007 Hurun China Rich List" champion and No. 2. Followed by women tycoons have SOHO China Limited Zhang Xin, wealth, 27 billion yuan; Fu Wah International Group Chen Lihua, the wealth of 20 billion yuan. In addition, dozens of the world's richest women who start from scratch, Zhang Yin, Zhang Xin ranks first two.

According to reports, this is the second time the publication of the list, "2007 Hurun Richest Women in China List" is from "2007 Hurun China Rich List" 65 list of female tycoons screening one of the 53, the threshold for the 1.1 billion yuan . 53 list of female tycoons total wealth of 435.3 billion yuan, with an average wealth of 8.21 billion yuan. This figure is four times last year, nine women Regal's worth more than 10 billion yuan.

Women entrepreneurs from scratch

Zhang Yin, Zhang Xin is the world's richest woman of 10 who start from scratch in the previous two. Among them, Zhang Yin continue to expand with the same struggle on the success of the self-Western wealth gap between the women, such as the American television host Oprah Winfrey, eBay founder Margaret C. Whitman and the "Harry Potter" author J.K.Rowling.

50-year-old Zhang Yin to Fortune 77 billion yuan, ranking second. Last year, the first woman to become the richest man in China after her story has stimulated people's entrepreneurial enthusiasm. She is the first boarded the past five years Hurun Power List of women. Zhang Yin owned Nine Dragons Paper (Holdings) Limited 72% stake. Nine Dragons Paper (Holdings) Limited market value of nearly 1,00 billion yuan, annual sales revenue 9.8 billion yuan and profits for the 2 billion yuan.

42-year-old Zhang Xin to Fortune 27 billion yuan, ranking third. October 8 SOHO China Limited listed in Hong Kong, Zhang Xin has also become the fastest growing wealth of women entrepreneurs from last year wealth 1.3 billion yuan, ranking No. 16, up to this year's third place. Zhang Xin1992 received a master's degree in the University of Cambridge in the United Kingdom; 1992-1995, Goldman Sachs Group in the United States and Wall Street investment banking group for travel home.

66-year-old Chen Lihua to Fortune 20 billion yuan, ranking the fourth. Chen in 1982 to settle in Hong Kong, and the first in Hong Kong to earn money, the early 1990s, investment in the adjacent Tiananmen Square Chang An Club, it is Chen Lihua fought in the mainland since Hong Kong's first real estate investment project.

43-year-old Wu Yajun to wealth 8 billion, ranking 10th place. Wu Yajun 1993 began venture, in June 1995 the establishment of Longhu Group, Chongqing Longhu Land's total, Chengdu and Beijing Longhu Land Longhu Home buyers, and other three regional companies, as well as regional companies affiliated property management companies and commercial management company employees over 2000.

43-year-old Zhang Lan to wealth 1.6 billion, ranking 40th place. Zhang Lan is South Beauty Restaurants Co Ltd., the Pioneer, early study Canada, in 1991 from Canada after returning home to enter the restaurant industry, after a ten-year operating and capital accumulation Food, in 2000 the creation of South Beauty Restaurants Co, Ltd. .

Link:
"2007 Hurun Richest Women in China List" Came Out: Part 1
"2007 Hurun Richest Women in China List" Came Out: Part 2

Ma Yun: "Liar" to the Billionaire: Part 3

2007-11-23T01:36:00.000-08:00

Unique Style

However, because of various reasons, Ma Yun found in the career system is not suitable for him obviously. In early 1999, he abandoned all in Beijing, decided to return to Hangzhou to set up a small and medium enterprises services for the world's e-commerce site. Top of Hangzhou, Ma Yun, and the initial start-up team began planning a vigorous entrepreneurship. We decided not to borrow from friends and relatives, raising 0.5 million positions in Ma Yun Lake in Hangzhou Garden more than 100 square-meter home, Alibaba on here was born.

Speaking once, Ma Yun said have had hesitated, then in Beijing's famous Ma Yun has been a small, Yahoo, Sina and other networks have to pay out to call on him to join. However, Ma Yun still have repeatedly refused to consider the.

"One program, if 90 percent of people agreed that, I generally it will be dumped into the trash bin go, because this is not your own thing, others can be better than you, but what you can?" first day into Beijing, Ma Yun on the dream of creating a unique business website. At the time, almost all of them think, like engaging in a Yahoo portal, as the program is feasible, copies of the United States because it was already quite mature operating mode. But Ma Yun not, so he built a Alibaba China will be the most unique sites, not copy any one operating mode.

And it is this unusual, let Ma Yun from his cloud created by the top of this piece.

Source: 中国产经新闻 He Min Nov. 15, 2007

Link:
Ma Yun: "Liar" to the Billionaire: Part 1
Ma Yun: "Liar" to the Billionaire: Part 2
Ma Yun: "Liar" to the Billionaire: Part 3

Ma Yun: "Liar" to the Billionaire: Part 2

2007-11-23T01:33:00.000-08:00

Lured by the Internet

Indeed, despite today Ma Yun has been called the Internet tycoon, in fact the technology on the Internet, he still do not understand. But his understanding of the Internet than anyone profound. Many people just thought that access to the Internet behind the technical problems, but would like to Ma Yun is the business model issues.

Initial and dealing with the Internet is 1995 in the United States, said Ma Yun first time in Seattle to the Internet, the website is logged Yahoo, he imported "Chinese" Key words, he was told there was no data. So Ma Yun will then host its own translation clubs website link boost, it immediately received from the United States, Germany and other five countries EMAIL back that that is what they see first Chinese enterprises, hope to have cooperation in the future.

So after returning home, Ma Yun quickly resigned, holding himself from the Las Vegas casinos, with 25 cents a share in the slot machine win on the 600 US dollars, started the "China Yellow Pages." The purpose of Office web site is very simple, that is the confidence of the enterprises on the Internet for people to see. At the same time charged to the cost of enterprises.

"Many young people are at night do believe 1000 Road, the morning following the original path. Chinese venture, it is not because you have excellent IDEA, but you are not to pay any price to go all out to do it. it has been proved that it is right. "Ma Yun This is the beginning of the idea of doing Internet, but also insisted he had always supported the idea.

"China's Yellow Pages" is China's first batch of Internet companies. By the end of 1997, Ma Yun and his team in the Beijing Foreign Trade and Economic Cooperation opened official site, online commodities trading market in China, such as a series of government sites.

Link:
Ma Yun: "Liar" to the Billionaire: Part 1
Ma Yun: "Liar" to the Billionaire: Part 2
Ma Yun: "Liar" to the Billionaire: Part 3

Ma Yun: "Liar" to the Billionaire: Part 1

2007-11-23T01:32:00.000-08:00

Listed day, Alibaba's stock price has been rising eventually to attain 39.95 Hong Kong dollar. At this point, Alibaba's market value over 20 billion US dollars. Alibaba.Com Limited Chairman of the Board, Ma Yun direct shareholding Alibaba.Com Limited 28.37 million shares (0.56 percent) stake in the parent company through indirect shareholdings of listed companies 6.4242 percent stake, namely a 0.35287 billion shares of total equity, according to the same day closing price, worth nearly 14 billion Hong Kong dollar.

From "liar" to the madman

In August 1995 in Hangzhou's West Lake, while a civilian houses, a 30-year-old young man to the free press at home, in front of their face was connected to the Internet less well known. The speed of the Internet was very slow, the young people spent three half-hour before downloaded are only two seconds can be completed a screen. The only reason for him to do so just to prove that the Internet really exist others, his is not crook.

Five years later when the young people once again appeared before the media when he is the world's authoritative financial magazine "Forbes" Cover. "Forbes" essay is about his, prominent zygomatic, twisted hair, and naughty to his usual broad smile, with a five feet high 100 pounds heavier like naughty children. This looks strange people have the same build Napoleon also have the same great ambition of Napoleon. He is a globally renowned business-to-business e-commerce site Alibaba CEO website - Ma Yun.

"From the first day to the Internet, we are by others as a liar, and later when the madman, and today we madman to others, I have simply do not care about how other people look at me. In this society, you do not really have the significance of things, this is very important. "go today, Ma Yun said.

Link:
Ma Yun: "Liar" to the Billionaire: Part 1
Ma Yun: "Liar" to the Billionaire: Part 2
Ma Yun: "Liar" to the Billionaire: Part 3

Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 10

2007-11-22T00:00:00.000-08:00

The significance of landing the Nasdaq

A lot of Chinese companies in the United States stock market have been successful, including Jiang Nanchun admired by the Chen Tianqiao. In order to do bigger companies, Jiang Nanchun thought to the United States Nasdaq listing and financing.

How can we persuade the United States capital markets? Jiang Nanchun for their Focus Media found four characteristics:

First, the performance of high-tech capability, and television advertisements almost;

Second, the audience, "Focus" and not "popular", in view of the different buildings and different groups of people;

Third, in a specified time frame corresponding to the broadcast advertising;

Fourth, the mandatory acceptance, in particular, and so the space elevator can only see LCD advertising. LCD advertising these buildings is characterized by corporate customers interested, they also want their product advertising to accurately reach target audiences.

Such a story with China, a huge market has brought waves of profit Focus Media, Jiang Nanchun believe his business model will persuade the United States capital. The facts have proven this point, the Nasdaq Focus Media in financing for China-related stocks among the most!

In Jiang Nanchun After 2002 a year of exploration blazing buildings LCD advertising market, a company called Target Media have sprung up everywhere, Focus Media had not begun to seize the occupied building market, with the ultra-low price strategy, which quickly became points people in this area only competitors. Faced with Target Media, Jiang Nanchun is reluctant to do too much evaluation, but stressed that there are many open data clearly show that the two can on the market share, and in 2005 received the 500 known advertisers elected winners of the "Sales of China's most outdoor media awards" and proud. But Jiang Nanchun expressions, or feeling can bring a Target Media Focus Media pressure. It is not hard to imagine, have hoped that the industry and create a monopoly position immediately formed the Jiang Nanchun, due to the emergence of Target Media, not all out to opponents to distraction to the defense. A more important point is that the Chinese market is so big a cake, in addition to Focus Media and Target Media, will not have new competitors in the coveted?

"I think just the opposite!" Jiang Nanchun firmly answered, "In fact, there is only one time of the competitors can be a threat to me, and that is when I developed End LCD screen, and then loaded machines in the office began three months after competition opponents can skip the research and development process, I direct competition with office space. year later, the enterprise would like to come do this is already no chance, because this time I have formed a barrier to continuing the strategic resources barriers. high-grade office space in Shanghai how many, this is fixed, do not change every year, you had the main office, basically you hold these sustained resources because you signed a long-term, exclusive contracts expire after you and renewal of priority, so that you put the exclusion of competitors. this floor is yours, not others forever play into. "

Jiang Nanchun was so confident, in addition to China's advertising sector not many reality shows 10 after China's media advertising market grasp, in July 2005 adopted in the United States in the Nasdaq-listed by the melting of 170 million dollars, is Jiang Nanchun the hearts of a tranquilizer. Both Focus Media, or Target Media, or hidden in the shadow of waiting for an opportunity shots "predators", "Circle floor exercise," the capital's strength is still a very important element. With the Nasdaq added this sum, together with Jiang Nanchun only sit fly economy class, living only live three-star hotel, apart from the washing of feet at no other luxury-loving, the day's work 16 hours, "vanity" under reflects the powerful "enterprise", which combined elements of character, a short time to shake Jiang Nanchun "advertising richest man" status, it does not seem possible.

"Well, what do you think the biggest crisis to you?" Reporter asked.

"I think our biggest problem is human resources. Gathered a lot of the Chinese media industry and the advertising industry elite. Advertising at that time when I contacted a lot of people, Who robbed from my hands over money, I know how powerful these people. then, I called one by one talk to them about, to do its best to dig them up. "Thus, Phoenix Tv, President Chen Congrong east, the outdoor media ZenithOptimedia Chen Yan, deputy general manager, Media Partner International Director of the National customers Zhang Jiawei, Beijing Fanenchangmei Communications Limited have been chairman Liu Xueyuan Jiang Nanchun strokes to command, he has become to show the "vanity" of the capital.

"If Several Key words used to sum up why you made today's success, which you would choose a few?" Farewell handshake when reporters suddenly asked.

"Creativity, imagination, vanity!" Jiang Nanchun smiled and answered.

Source: 人力资本 Chen Bin Sep. 15, 2005

Link:
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 1
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 2
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 3
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 4
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 5
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 6
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 7
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 8
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 9
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 10

Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 9

2007-11-21T23:17:00.000-08:00

The need to expand the scope of the new model

Although the new advertising model has attracted the first batch of customers advertising orders, but due to the huge, Jiang Nanchun was caught in a dilemma. The first batch of liquid crystal displays, the average price is 8,000 yuan, set aside property and contract-related costs aside, 300 LCD prices on 2400000. More importantly, the District 50 office coverage not attract more customers to make long-term advertising investment, Jiang Nanchun must in a very short period of time, the rapid expansion of the coverage area for office space, then product cost and labor cost will be suddenly, profits need a critical point, but the critical point to break through in the end is the total number of offices, Jiang Nanchun also in the hearts of not a few, but leave himself a dollar at 30 million bottom line.

"By May 2003 when the office has expanded to more than 100 homes, or in the dollar at a time, I feel quite embarrassed. Burning is, after all, their own money, then feel heart pain, day and night do not sleep. Later burned in the numbness, a burning feeling is not money, but decades of the youthful years. decade spent so much effort, spent a few months on, this time the pressure has never been encountered before. "recalls the scenes at that time, already out of the predicament or smiling Jiang Nanchun some bitterness.

If not at this time Jiang Nanchun additional investment, not only pre-cast waste of money, but only in hard to think of the new media model will be aborted. But if it continues dollar at a time, spread when is the end? The event that the last is "paid his wife lost soldiers at the same time", the results of a decade probably because this time the decision-making mistakes and fail.

In Jiang Nanchun the greatest pressure, it is necessary to persist in sufficient time, a substantial risk investment holding people take the initiative to find the Jiang Nanchun.

That person is Softbank Corp. chief representative of the Office of the Shanghai Xu Wei.

Focus Media, based in Shanghai, Jiangsu Road Zhaofengshimao buildings, and the Softbank Asia House has in China is the headquarters of Focus Media and Softbank is in the same floor, so Xu Wei Jiang Nanchun rise and bow not see, so it into the chat can meet friends. At first, Xu Wei Jiang Nanchun only know advertising, which was that the chat Jiang Nanchun do is focus on building LCD advertising. That might be, the listener interested, Xu Wei from other channels in detail about Jiang Nanchun innovative new media projects, and his decades of entrepreneurial experience. A meticulously detailed investigation, Xu Wei Jiang Nanchun exchange decided to find, after three hours chat End, Xu Wei and Jiang Nanchun has reached a preliminary financing agreement. Finally, Softbank decided to inject Focus Media.

"I used to do business, one is never lend money to other people, other people never to borrow money, as for financing, open their hearts have never had such thoughts. Burning of a six-month money, however, did not pick up, I I know that the previous valuation of this item is too simple in terms of financial resources and there are a lot of the difficulty, I have to want to do, then I can financing decision is the best choice, after all, when everyone brings firewood flame high. "For from the "burn own money" to "burn other people's money," Jiang Nanchun frank own changing landscape of the mind.

Venture Capital's accession helped Jiang Nanchun a great. With Softbank joined several rounds of financing, CDH, DFJ, Goldman Sachs, and so have a number of investment companies will be heavily into Focus. After Jiang Nanchun money, he quickly took the LCD screen in the country to broaden the scope, not just office space, including hypermarkets, apartments and golf courses, hospitals and other places. By the end of 2004 when the total revenue has reached 0.24 billion, a total of 15,000 LCD screen and some plasma TV hanging in the different buildings throughout the country next to the wall of the lift.

Link:
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 1
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 2
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 3
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 4
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 5
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 6
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 7
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 8
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 9
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 10

Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 8

2007-11-21T23:07:00.000-08:00

Advertisements from the temptation to lift

2002 Spring Festival, Jiang Nanchun decades of pioneering the first time ever, giving himself a seven days leave, and consequently stem from the Chinese New Year's, sitting in their favorite Chinese source book store, the "closed-door introspection."

"From 1992 venture started in 2002, I have in the traditional advertising industry made 10 years, I feel that after 10 years I should change. Advertising in the traditional areas, I find myself no longer has a strong competitive edge , I thought, I have 10 years done. right or wrong in the end. Lastly, I come to the conclusion that I did things that must be through, but it is wrong, because as long as this industry continues to do so, then you have to pay a lot. "Jiang Nanchun declare that after pondering the true thinking.

In fact, toiling in the past of the 2001, Jiang Nanchun times already begun "to deny" his decades of choice. Because business dealings, Jiang Nanchun understand Chen Tianqiao, when Chen Tianqiao has not yet become later the "China's richest man." However, several deep just after Jiang Nanchun on Chen Tianqiao business acumen and the strategic vision of admiration for it, Chen Tianqiao is envious of the success obtained by the "vanity." "Chen Tianqiao have good judgment industry, he gave me the biggest inspiration is always to create new industries, and others not in a crowded along." Jiang Nanchun said, "So, you ought to create an industry , and then rapidly in this industry and give it a monopoly, the only way you can really throw all the competitors behind. "

Therefore, Jiang Nanchun in the "closed-door" seven days after the decision to create a new industry model so that their enterprises will no longer be caught in the middle of agents and the media advertisers, but is itself a new media. However, what to do? While Jiang Nanchun hard pondering how to find a new industry model, how to create a new media on the elevator ride he experienced a sudden awakening.

On that day, Jiang Nanchun Pacific Department Store in Xujiahui to act on the results, such as in the moment when the elevator he was on the elevator door pasting advertising attracted, he found that people waiting for the elevator in that moment, there was nothing to do apart from concentrating on the people to see paste advertising, and there are no other things to do, but is this simple seconds time, paste advertisements would be left deep impression. If all packets office space elevator down, and then pasting advertising is not a very good new media?

"I think this elevator advertising creative quite fun, I lift got interested when I ITC in Shanghai, I will ask the ITC properties, the possibility of contracting the lift doors down. ITC properties people say that this is unlikely, no office doors will not become an advertising carrier. Later, I will give up this idea, but I think things in a perspective, I posted this door and if they do not, I may have a link small LCD TV? because I was LG's advertising agencies, and so we have LCD TVs are very familiar with. me to ask a number of office property, they feel that this is not an issue, but also quite interesting. therefore, I decided to try the. "

On their own AAPL rotten tongue, from June 2002 to December, Jiang Nanchun persuaded the first batch of more than 40 high-grade office space. By January 2003, Jiang Nanchun the 300 LCD screen stuffed into Shanghai's 50 high-grade office space adjacent to the elevator, at the same time, and China Merchants Bank credit card customers Hennessy wine, and other enterprises have become the first batch of advertisers. Jiang Nanchun out "Yongyi spread" era, the new "Focus Media" era.

Link:
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 1
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 2
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 3
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 4
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 5
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 6
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 7
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 8
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 9
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 10

Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 7

2007-11-21T22:49:00.000-08:00

"Full account" and "making money mad"

By the end of 1999, early 2000, as Shanghai IT advertising fields boss, Yongyi dissemination in the development of IT business has been to the limit because so many customers on the resources, so there will not be much further development of a breakthrough. This time of Jiang Nanchun decision "walk on two legs" to back in the consumer goods industry advertising and other areas, mainly concentrated in the consumer, financial, insurance and communications industries. At that time, Jiang Nanchun even with a "wild" ideas "in the hope that several major areas and 4A (American Association of Advertising Company) contend." Of course, behind the "human nature" has risen to hope to be in the international advertising market respected "vanity."

"I was feeling so matter is higher up, mainly rely on its own sales and customer growth, so I wanted to Yongyi in 2000 to spread into a comprehensive advertising companies, has not prepared on the results of trouble -- Internet upsurge began. "Jiang Nanchun explained.

The sudden upsurge of the Internet has given Jiang Nanchun suddenly very different feeling, this feeling in the IT field have never seen before. Internet companies like mad the dollar at a time, just six months time, the business was spread Yongyi geometric multiple of the growth culminated when Yongyi spread not only do not run business, but refuse to business. According to Jiang Nanchun that, at that time, the company is "making money mad", the company's "full account", the company's turnover exceeded 150 million, the company was also authoritative media as "China's top 10 advertising companies." Jiang Nanchun this honor in the mouth repeatedly said many times, Jiang Nanchun also have time and time again to experience the resulting "vanity."

While Jiang Nanchun because money was easy money which they do not know where to put the time in 2001 the Internet bubble burst, almost all Internet customers suddenly disappeared from the scene. The Internet and IT business is the transmission of two pillars Yongyi, a pillar in an instant result collapse. To enable IT companies to continue to support the development, in order to allow companies to continue to support their performance of "vanity", Jiang Nanchun is forced back in the traditional market, a position in a position to capture this huge contrast to Jiang Nanchun to begin pondering their traversed path.

"2001 hard to over a year, I feel overloaded. Our original is not in the position of industrial advantages, in the industry is the most vulnerable location, at that time, I finally came to understand, at that time I was doing was wrong industry and I do industry value chain is among the most vulnerable sectors. although large companies, but there are still many companies and our competition, they have a very good professional team, I feel a great pressure and, therefore, I have decided to transition, I feel that business can not continue to do so. "

Not because of the success of temporary burn crazy minded, not because of the failure temporarily lose their cool thinking and rational treatment "gain and loss" and "10% and defeated," so that "vanity" has become their own "driving force" rather than "stumbling block" to identify the tip The above calm things, it is Jiang Nanchun outstanding in it.

By later became "the richest man in China," Chen Tianqiao impact Jiang Nanchun start reflecting on its business model, hoping to "create an industry itself, and then rapidly in this industry and give it monopoly status," and the elevator doors to him pasting advertising inspiration buildings television advertising communication network came into being.

Link:
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 1
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 2
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 3
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 4
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 5
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 6
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 7
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 8
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 9
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 10

Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 6

2007-11-21T22:39:00.000-08:00

Anti-logic, fighting for the future

Jiang Nanchun lead Yongyi dissemination of IT in the unified advertising market in Shanghai, the most exciting IT advertising campaign is a "LG Flatron" from the battle can be seen as a successful Jiang Nanchun "password" is "anti-logical strategic vision" .

In 1998, LG has only just entered China, the LG bid Yongyi dissemination of advertising agents, bidding, Jiang Nanchun advertising planning programs will be aimed at the "LG Flatron" products. "At that time we all think that this is the flat panel display products simply no one to buy when there are also many ordinary LG-class products, but I think we must prepare for war for the future of warfare." Finally, LG believe that the spread of the Yongyi advertising programs, Jiang Nanchun started to inject money into "LG Flatron" products. The first year, playing a lot of Yongyi dissemination "LG Flatron" advertising, but the product does not see any great improvement. By the second year, Jiang Nanchun withstood the pressure to "LG Flatron" advertising is throwing a lot of money, as a result, product sales suddenly opened up a gap. "The first year, the sale of 50,000 units; second year rose to 660,000 units, the third year has reached 890,000 units, by 2000, 'LG Flatron' has become the spokesman for the Flat Panel Display."

"Throwing so much money to drop it on advertising, not risen, still smashing, and you is based on what kind of judgment?" Asked this reporter.

"At that time, I think two points: First, I believe that we are the traditional products on the market there is no advantage, channels have not competitive, with Samsung, Philips simply can not fight, is not as good as the access to this market to the high-end fight, a most high-end image, and then bring along other product sales; second, as long as we actively to grab a flat panel display market, I believe that within two to three years, will replace the flat panel display spherical display. terms from the industry trend This is a natural development of our strategy is very clear, so you must follow-up products take a very anti-logic approach, we must not do so in accordance with normal logic, the most safe is the most dangerous, most unique method of the most effective . "

For so many years, every night, Jiang Nanchun return home must be seen from one hour of professional books and magazines. Focus on one point and in a timely manner to add "nutrient" and then have the support of analysis and data "Normally a card", coupled with hard work, opportunity and success naturally will not miss like Jiang Nanchun such people.

Link:
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 1
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 2
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 3
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 4
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 5
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 6
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 7
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 8
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 9
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 10

Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 5

2007-11-21T22:17:00.000-08:00

When the "referee" and an "athlete"

"Integration of resources" than "outstanding individuals" more important! Jiang Nanchun students in the university during the election campaign Chairman of the experience he has realized this business rules, and lead Yongyi spread rapidly growing process, this law has played a decisive role.

Jiang Nanchun have a friend who is responsible for IDG Venture Capital in the East China business, this is also a friend of the East China Normal University alumni. IDG was the world's leading IT publishing groups, a lot of investment in China's IT media, to a point located in Shanghai to promote its business. Jiang Nanchun privately recognized early this IDG friends, in many occasions have often encountered, in the course of contacts become quite familiar with. This friend on the proposed Jiang Nanchun and IDG cooperation, and then to open up China's IT fields advertising market.

Prior to this, Jiang Nanchun for IT products that do not know, he has a habit of doing mass consumer advertising, and not so small business division. Although, the then Jiang Nanchun already have IT aspects of a network of resources, such as seen Yang Yuanqing, Lenovo also have agents in Shanghai advertising, but Intel is How? Jiang Nanchun is not clear. However, Jiang Nanchun IDG shrewd aware of the weight of this tree, but also sensitive to smell the IT advertising market in the future development of the situation, he began to adjust the direction of the business Yongyi dissemination, to attack IT concentrate on the advertising market.

By the end of 1995, IDG Yongyi dissemination and adoption of the agreement of cooperation, not take a wage Jiang Nanchun became director of the Office of the IDG Shanghai. Imagine, IDG invested in China a lot of IT media, Yongyi spread in Shanghai have accumulated large amounts of IT customers, Jiang Nanchun in IT media have the right to speak, the other, IT customers also find Jiang Nanchun advertising, and a "referee" , and an "athlete", Jiang Nanchun do not want to spread the money Yongyi will not, in a very short time, Yongyi spread on the beach has become the area's largest IT advertising agencies. By 1998, Yongyi have already occupied a transmission area of Shanghai IT advertising agents on the market 95% share of turnover of up to 70 million yuan.

Link:
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 1
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 2
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 3
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 4
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 5
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 6
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 7
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 8
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 9
Jiang Nanchun: Do The Buildings That Television Advertising Richest Man: Part 10