Pharmaceuticals, the role in people's lives is very important, someone who is sick will have to buy drugs, someone who buys drugs will have to be someone to do drugs, so the people who do drugs is also very important. Nowadays, most of the medicines are uniformly manufactured by pharmaceutical factories and then distributed to pharmacies or medical institutions for people's needs. Each kind of medicine has its own special effects. As a regular medicine in many people's homes, Panax quinquefolium is very effective in treating colds and flu. Although this medicine is cheap, but the use of population coverage, high demand, Yangzijiang Pharmaceuticals rely on the blue root to become a private enterprise "king of drugs", the income from the sale of drugs as much as 80 billion a year, and his pharmaceutical factory built like the Forbidden City as the splendor of the growth, but insisted on not listed.
Entrepreneurship, annual losses
The beginning of everything is difficult, Xu Jingren founded a pharmaceutical company is from nothing, when the military he has more perseverance than ordinary people, his persistence to have the later Yangzijiang Pharmaceuticals. 1966, Xu Jingren 22 years old, with many people like the life of the ordinary. At that time, Xu Jingren was just discharged from the army was assigned to work in the factory, located in Taizhou, a small town, where he laid the foundation of entrepreneurship, work for several years and some of their own savings. Boldly, he took a few workers, and everywhere to raise enough money, in 1971 to start their own business path.
Initially, he was with his workers in a pharmaceutical workshop inside the drug processing, the conditions are simple, aging equipment, there is no technical personnel. His small workshop was called "Taixing Koukan Town Gongnong Pharmaceutical Factory", and because it was so small, the whole workshop could only be described as a workshop. And because there is no sales experience, manufacturing and medicine, so the beginning of the business, Xu Jingren's factory almost every year in the loss, those years all rely on his perseverance all the way through.
"Perseverance is the key to success." With the perseverance of Xu Jingren, he has been able to make a success of his business. With Xu Jingren's perseverance, his pharmaceutical company lasted until 1988, when the tide finally turned. At that time, many people in Shanghai were suddenly infected with hepatitis A. It so happened that Xu Jingren's factory produced a drug called Banlangen, which was rumored to be able to treat the disease, so the supply of Banlangen on the market exceeded the demand for it for a while.
And Xu Jingren received a large order, the number of drugs needed by the orderer is 4 million packets, which is their small factory for several years to have the production capacity, in the receipt of this order before they can only produce 50,000 packets of langzhangen every month. That order had been received, and as long as it was produced, it would make money. Xu Jingren was not intimidated by this astronomical order, he rose to the challenge and was bound to fulfill this order. Finally, he made 3.85 million packages of blue root delivered to the party, although not completed 4 million packages, but this time he was famous in the industry, everyone called Xu Jingren "king of blue root", that is, in this order, he began to make money.
Since then, Xu Jingren's Yangzijiang Pharmaceuticals has gradually developed and expanded, not only a simple pharmaceutical factory, but also in 1993 launched Yangzijiang Pharmaceuticals independent intellectual property rights of the first proprietary Chinese medicine - gastric Su particles punch, "system" and "manufacturing" combination. By combining "manufacturing" and "making", we are not simply making drugs, but also creating new drugs. Since then, Xu Jingren's assets have risen by hundreds of millions of dollars. Years of development, until now, Yangzijiang Pharmaceutical under the leadership of Xu Jingren became China's private enterprise "King of drugs", won numerous awards. Until 2018, Yangzijiang Pharmaceuticals exceeded 80 billion yuan in revenue, smashing.
Revenue of hundreds of millions of dollars, but insisted on not listed
Xu Jingren is now 76 years old, although his son is now the chairman of the board of directors, he does not know how long he can sit in the position of chairman of the board of directors, but Xu Jingren has always been hands-on, in charge of the power of the enterprise. Now worth 48 billion dollars, but he still insisted on self-employed enterprises, from insisting not to list his Yangzijiang Pharmaceuticals. The reason behind this still comes from his business philosophy over the years, this idea has also become the Yangtzekiang Pharmaceuticals everyone knows the "three noes" policy: do not engage in mergers and acquisitions, do not blindly listed, do not engage in unfamiliar industries. So that adhere to not listed or because Xu Jingren do not want to blindly listed affect the development trend of the enterprise has now.
In addition to this, Xu Jingren's headquarters of Yangzijiang Pharmaceuticals in Taizhou has changed the appearance of the once-dilapidated small workshop, which was built into the appearance of the Forbidden City. The billion dollar industry and brilliant headquarters will be handed over to Xu Jingren's son Xu Hao Yu's hands one day, as the successor of Yangtzekiang Pharmaceuticals, with his father's very different business philosophy, I do not know when this in the hands of Xu Jingren sells 80 billion a year of drugs, factories built like the Forbidden City, but insisted on not listed on the private sector, "King of Pharmaceuticals" will be how to develop. development.
"If you don't build up step by step, you can't build a thousand miles; if you don't build up a small stream, you can't build a river and an ocean." Xu Jingren's perseverance at the beginning of the private enterprise "King of Pharmaceuticals", his success is in the beginning of the enterprise with his entrepreneurial perseverance to the end, the loss for many years also did not scare him off the road of the drug manufacturing industry. Of course, the opportunity in his success also plays a very important role, but the success of the people, he grasped the opportunity in time is also one of the important reasons.