Zheng, male, from Shishi, Fujian, the founder of Zheng Group, is known as the "Clan King" by the world, and the former richest Chinese in the Philippines. On March 12, 2002, Zheng died in the United States at the age of 76.
Chinese name: Zheng.
Nationality: Philippines
Ethnic group: Han nationality
Place of Birth: Xicuo Village, yongningzhen, shishi city, Fujian, China
Date of birth:1April 5, 926
Date of death: March 6, 2002, 438+02
Occupation: businessman
Main achievements: the richest Chinese in the Philippines.
Representative works: Zheng Group lives in Wang Di.
life experience
turning point
Zheng, male, 1936, from Xicuo Village, yongningzhen, shishi city, Fujian. At the age of five, he moved to a fishing port in the southeast of Luzon Island. When he was young, he went fishing with his stepfather. /kloc-When he was 0/3 years old, his mother sent him to a relative's house in Manila as an apprentice in a shirt and underwear shop because she didn't want him to be buried in a small fishing village. During this time, knowing the importance of knowledge, he insisted on studying hard at night school, hoping to make up for dropping out of school.
table tennis player
Due to his poor family background, when Zheng was still a table tennis player, he began to do some small businesses. One day, he went to visit Lin Guangyi, the boss of a cotton mill, walked into his office and saw a pile of bobbin on his desk. Boss Lin complained to him: "The bobbin in the factory is almost full of all the rooms. Can you help me find a way to get rid of it? " Zheng thought for a moment and said decisively, "Yes! Someone wants it. " In fact, Zheng Dangshi doesn't have a bobbin buyer at hand, but he believes that as long as he is willing to run, the buyer will find it. Sure enough, Zheng soon found a textile factory run by Jews. They needed bobbin, so they hit it off. Finally, the transaction was made at the price of 5 pesos for 1 package. With his sensitive intuition and adventurous confidence, he took advantage of this accidental opportunity to buy three spools at 1 peso and sell them at 1 spool at 5 pesos. He made more than 100,000 pesos at a time and easily made a big deal.
expand a business
Opportunities often come quietly, and only those who are good at catching and waiting will gain something. From 65438 to 0967, Zheng decided to go to America to study and expand his business. On his way to America, Zheng was stopped by Japanese slaves and prepared to fly to Hawaii the next afternoon. No, but I attended an auction before I left. A large cotton mill in Tokyo is cooperating with the United States and Japan for public auction. When he learned about the cotton mill and the auction price, a spark of inspiration flashed in his mind. He did a quick calculation and found that the auction price was not high. He thinks that if he seizes this opportunity, he will buy the equipment of the cotton mill and move back to the Philippines, which will undoubtedly make him a higher level and become a textile industrialist. After a moment's thinking, Zheng decided to participate in the bidding. After several bids, the cotton mill finally fell into the bag. After the sale was completed, a bolder idea began to brew. He made a plan of "killing two birds with one stone", that is, he moved the equipment of the cotton mill back to the Philippines, chose a wasteland outside Manila to build a factory, and bought the land around the cotton mill at one time. After the cotton mill is built and prospered, other factories will certainly flock to it, and the land price will naturally appreciate. As a result, although this new business interrupted Zheng's study plan, it made his career develop and became the top spot in the Philippine textile industry. By the late 1960s and early 1970s, Zheng had 200,000 spindles, more than 5,000 looms and more than 20,000 employees in the Philippine textile industry. At the same time, a number of companies such as finance, investment and real estate development have been established.
Real estate businessman
At 196 1, Zheng met jose rojas, a Filipino friend and real estate businessman, who was called "genius land investor". The first batch of land investment they cooperated with earned millions. Since then, it has laid a solid foundation for the real estate kingdom of Asia World Group. For decades, Zheng has bought hundreds of plots of land in the Philippines, Taiwan Province Province, the United States, Canada and other places, and his wealth has increased exponentially with time. Extraordinary insight, foresight and decisive management methods enabled Zheng to finally complete the most precipitous jump in his life and reach a new peak in his career. From 1970s to 1980s, Asia World Group spread all over the Philippines, Taiwan Province Province, the United States, Japan, Canada, Hong Kong and other countries and regions, and became a huge industrial and commercial kingdom integrating real estate, finance, industry, trade, tourism and other industries. Asia Trust and Investment Co., Ltd., with total assets of NT$ 42.9 billion, ranks among the top ten private enterprises in Taiwan Province Province. According to statistics from authoritative sources in Taiwan Province Province, the total assets of the Zheng family headed by Zheng in Taiwan Province Province are as high as $5 billion.
Small bank
In the late 1980s, Zheng began to expand outside Taiwan Province Province, first buying a small bank in California, and then doing business in Hong Kong through his finance company. 1990, he bought the famous "magic garden" in British Columbia for more than 10 million dollars. 1992 bought Fujia Island in Cagayana province for US$ 30 million, and formed Fujia International with Dongdisi in Taiwan Province province (holding 70% and 25% shares respectively). It is planned to invest 5 billion pesos in five years to turn Fuga Island into a tourist attraction. Since then, Asian trust and investment companies have been active in real estate development in Taiwan Province Province, including: the right time and the right place, Hua Fu County and Taipei Champs, with total sales reaching NT$ 654.38+0 billion. According to business estimates in Taiwan Province Province, Zheng is one of the largest landlords in Taiwan Province Province, with an estimated market value of NT$ 96 billion. The land of Taipei Huanya Hotel and Huanya Department Store alone is worth NT$ 40 billion. In addition, Asia World Group, in cooperation with the governments of Timor-Leste and the Philippines, plans to invest 20 billion US dollars to develop two former US military bases in subic bay into tourist areas. At the same time, Asia World Group, East Dishi and Marubeni invested US$ 430 million to build a cement plant with an annual output of 3.2 million tons in southwest Panga province.
Myth; legend
Zheng's entrepreneurial process is full of legend, and every major decision he makes is like a gamble. In this regard, Zheng said: "Yes. The so-called legend is because my life course has been developing unremittingly in stormy waves. Time is crucial to my success or failure, so many important decisions are made against time, while others seem a bit dramatic. Because he did something that others dared not do or even think, he was considered to have made a big bet. Actually, it is not, because all this is based on wisdom and experience, and is made through a calm and decisive decision-making process. My decision-making principle is bold and cautious, accurate and fast. Some people say that driving fast is dangerous. My idea is that driving too fast is not necessarily unsafe, and driving too slowly is sometimes prone to accidents. The key is to be cautious, skilled, pay attention to safety and master speed. " Indeed, the so-called investment taboo is just a dogma adhered to by mediocre businessmen. For an enterprise strategist like Zheng, there are no eternal business taboos. Zheng's success mainly lies in his judgment of the situation, foresight, capable and decisive courage and unshakable confidence and courage. For investments that have no profit hope, he will take the action of a strong man breaking his wrist; For potential investment, regardless of temporary gains and losses, adopting the strategy of "always rushing forward" and daring to violate the ban just reflects his outstanding talent of insight and foresight. He once said: "Be accurate in vision, quick in action and strong in courage; Once you choose, you must do it in the end. Don't admit failure easily, don't be afraid of taking risks, and make up your mind to go all out. " The best embodiment of this idea was Zheng's March into Taiwan Province in the early 1970s. At that time, the international political arena changed suddenly. The United Nations restored China's legal seat, and the seat in Taiwan Province Province was revoked. For a time, it was like a sudden storm, which made people inside and outside Taiwan Province Province panic, and many investors moved their funds out of the island one after another. Zheng's application for the Asian Trust and Investment Company in Taiwan Province Province was just approved a few days ago, so I just want to take this opportunity to publicize it. But at that time, it was too late for investors to transfer their funds outside the island. How can anyone entrust assets to the "Asia Trust" to operate? Some relatives and friends who had planned to go hand in hand with Zheng advised him to give up the plan. At this time, after careful consideration, Zheng made a firm decision: sail against the current and March into Taiwan Province! Soon, there was another explosive news in the world. 1972, US President Nixon visited China for the first time, and China and the United States issued the famous Shanghai joint communique, which thawed Sino-US relations. From 65438 to 0979, the formal establishment of diplomatic relations between China and the United States became the number one news that shocked the world at the beginning of the new year. The market fluctuation in Hongkong and Taiwan Province Province was immediately reflected, especially in Taiwan Province Province. The stock price plummeted and funds were tight. Many consortia have withdrawn their capital from the island, and a large piece of land in a prime location in Taipei has been auctioned several times, but no one cares. A bold plan has been brewed and put into practice in Zheng Xin, which mainly includes: immediately remit 3 million US dollars to Taipei as a capital increase for overseas shareholders in the Asian Trust; Accelerate the investment of $65.438+0.5 billion in Taipei's "Asia World" project; Start the second phase of "Asia Amusement Park" in Shimen Reservoir, which is known as "Taiwan Province Disneyland" as soon as possible. While others were desperately selling their properties and preparing to fly away, Zheng bought many prime locations in Taiwan Province Province and vigorously developed and built high-rise buildings. After many hardships, Zheng built the "Asian Kaohsiung City" in Kaohsiung, Taiwan Province, and a first-class Asian amusement park in Shimen Reservoir near Taipei. What's more, the largest Asia-Pacific hotel and Asia-Pacific department store at that time were built in the 6000-ping prime location of Asia Plaza in front of Taipei Railway Station.
Zongdiwang
Zheng regards land as his life, and his career is almost entirely devoted to land investment, and he is also known as the "land king" because of his quotation. In this regard, he said: "People's food and the economic development of the country where they live depend on land; With more and more people and less land, any currency will depreciate, and only land will appreciate for a long time. In Europe and America, engaging in real estate is respected by the society, known as the hero in the shopping mall, praised and encouraged by the government and the people. Operating real estate can be divided into three categories: investment, development and construction. I prefer investing. The famous saying of western philosophy: "Investing in land is the smartest industry among 17,000 industries". For the purchase and development of land, he believes that there are four keys, namely, to be accurate and accurate when purchasing land, and to be patient and equal when developing land. Only in this way can we buy the best land at the lowest price and create the highest profit. In the past 20 years, Zheng has purchased nearly 40 plots of land in Taiwan Province Province. At that time, the location was not ideal, such as Xizhi, Neihu and Keelung, but now these areas have become hot spots, which makes people have to admire Zheng's "precise vision" and "first-class endurance". In addition, Zheng bought 173 hectares of reclaimed land near Manila Bay in 1989 for construction.
The satellite city named "Asia World New Town" will be built within 15 years with a total budget of 22.7 billion US dollars. It will be built into ten buildings, including the world's largest Manila World Hotel, the world's largest and most advanced medical center-Gong Zheng Bao Yue Memorial Hospital Center, Manila World Trade Center, the largest indoor and outdoor stadium and the largest shopping center in the Philippines. At that time, the Philippine press believed that the completion of the "new town" would promote the overall recovery and development of the Philippine economy, marking a new era of the Philippine and Asian economies, and the market here had reached 7 billion US dollars.
financial crisis in Asia
In the Asian financial crisis of 1997, Zheng once again showed his ability to seize business opportunities. At the height of the financial crisis on June 5438+0998+ 10/7, his Asia World Group opened the Pan-Asian Bank, with a capital injection of 654,380.6 billion pesos, which is the largest market among the newly opened banks in the Philippines. In this way, he not only made huge profits and expanded the sphere of influence of his enterprise kingdom, but also made great contributions to the financial stability of the Philippines.
Wang Yongqing
Of course, the development of Zheng Group is not smooth sailing. When he struggled in 1972, he moved Wang Yongqing with sincerity and enthusiasm, and made Wang Yongqing accept his appointment as the vice chairman of Asia Trust. 1982, due to the rapid economic recession in Taiwan Province province, the stock market and real estate market were once depressed, and Asian trust and investment companies ran out, and then they were able to get out of trouble with the help of China International Commercial Bank in Taiwan Province Province.
The development of the mainland of the motherland
Mr. Zheng, like other entrepreneurs in China, always pays attention to the development of the mainland of China and is determined to make contributions to the Chinese nation. 1992 On April 15, Zheng was invited to attend the Luoyang Peony Fair. Luoyang was once the ancient capital of nine dynasties in China. It is the hinterland of the Central Plains, and the so-called "those who get the Central Plains win the world, and those who lose the Central Plains lose the world". Has always been a battleground for military strategists. Luoyang's rich and splendid ancient culture has enabled overseas travelers to find spiritual sustenance and sustenance. When Zheng Yi entered the Baima Temple, the first ancient temple in the Central Plains, he was deeply moved by the sincerity of his predecessors who were not afraid to travel long distances and devoted themselves to finding Tianzhu scriptures. He had the idea of seeking welfare for his compatriots and was determined to win the Central Plains. Of course, as a world-class industrialist, Zheng has a special liking for Luoyang, and it is not just a word of "affection". Zheng believes that with China's all-round opening to the outside world, the Central Plains has convenient transportation, dense labor force, low prices, abundant water and electricity, rich products, a very strong industrial base and splendid culture for thousands of years. For Asia World Group, instead of going to the coastal areas to "add icing on the cake", it is better to go to the Central Plains to "send charcoal in the snow" first. This is the style and character of Asia World Group.
The total investment of Asia World Group's development plan in Luoyang exceeded 100 billion yuan, mainly including: building the largest and most luxurious five-star hotel in China around Asia at that time, building a large modern shopping center with an area of 654.38+10,000 square meters, developing a first-class golf course with an area of120,000 square meters, and developing a global overseas Chinese village with an area of150,000 square meters. He said: "The population of the Central Plains, including Shandong and Hebei provinces, accounts for 1/3 of the whole country. Only when the inland is developed can China prosper. The inland will certainly be developed, and now it is time to mature. Asia World Group is just throwing bricks to attract jade, and will invest more and more in Luoyang in the future. " In addition to investing in Luo Yang, Zheng also invested in the Bohai Central Asia City covering an area of 200 hectares in Fujian, and established a joint venture of 365.438 billion US dollars with Dongdis.
Charity action
"From childhood to the age of 20, I am for myself; from the age of 20 to the age of 40, I am for my family; from then on, everything is for the society" is a portrayal of Zheng Yisheng. Throughout the history of Zheng's development, we can find that a major feature of Zheng's management is that it never monopolizes, and almost always cooperates with others or gives back to the society. When talking about his future life and ultimate goal, he said: "I firmly refuse the suggestion of retiring, and I will never talk about retiring in my life. I will cherish the remaining minutes and keep the promise I made to God in my illness: if I can live again, I will work 17 hours a day, listen to my mother's instructions and do more work to give back to the society in order to live up to the new life given by God. " Like many entrepreneurs, Zheng also believes in the principle of "taking from society and using it for society". 1970 He founded the Gong Zheng Bao Yue International Foundation in the name of his mother Gong Zheng Bao Yue in the Philippines, and has done a lot of charity work for the Philippines for many years. 1989, at the suggestion of his father, Zheng Mianmian announced that Zheng Group had donated 2.5 billion pesos (1.1.70 billion US dollars) to expand the "Gong Zheng Baoyue International Foundation". The donation will be used to build the Gong Zheng Moon Memorial Medical Center, provide 1.56 student grants in 60 cities and 1.50 townships in the Philippines, and set up an "educational charity fund" in overseas Chinese schools in the Philippines.
Special topic of death
stop
Shishi city Federation of Returned Overseas Chinese, June 7, 2002: On March 12, Zheng, a famous overseas Chinese leader in shishi city, died in the United States at the age of 76.
Zhanghuan Baoyue Cement Boulevard
Zheng, 1927, from Xicuo Village, Yongning County. He went to the Philippines with his parents when he was a child and started his own business as an adult. By the end of 1980s, he owned 10 multinational organizations and was rated as the second richest man in Southeast Asia. 1972 Zheng He and his brother founded the Bao Yue International Foundation to support education, culture, sports and various social welfare undertakings. Concerned about the education and public welfare in his hometown, Zheng successively participated in the establishment of Yongning Central Primary School, laid the "Zhang Huan Cement Avenue" in Yongning, donated10.8 million yuan to build half a Yongning Middle School, and subsidized Yongning Xicuo Village Welfare Foundation funds all the year round.
Human remains (of the deceased)
/kloc-On the morning of 0/7, when Zheng's body arrived in Manila from San Francisco, Vice Mayor She Rijie of shishi city, Vice Chairman Xu, Chairman Cai of the Overseas Chinese Federation and Deputy Director Li of the Overseas Chinese Affairs Bureau, accompanied by Mr. Lv Zu Yin, Chairman of the shishi city Hometown Association of the Philippines, and Mr. Wang Nianhan, Secretary General, presented flowers and bid farewell to his body, and conveyed the condolences of Shishi Municipal Party Committee Secretary, Mayor Zheng and shishi city people to his relatives.
recall
On the morning of March 22nd, a memorial meeting for Mr. Zheng from all walks of life in yongningzhen was held in Yongning Middle School Auditorium. Cai Zhicong, She Rijie, leaders of shishi city, relevant municipal departments, leaders of yongningzhen and people from all walks of life in Yongning attended Mr. Zheng's memorial service in memory of the overseas Chinese leader and Chinese businessman in Yongning. Cai and Shi Shen, leaders of shishi city Federation of Returned Overseas Chinese, attended the memorial service. (The above is from Fujian Overseas Chinese Federation Network)