For example, borosilicate glass bottles used to contain vaccines are very technical, and so far, local production in China can only satisfy 10% of the domestic market, and the revenues and profits of these products are relatively high. Another is float glass, generally used in high-grade construction, gross profit margin of 40%. There is another glass product that also has a higher selling price and profit margin, and this glass is automotive glass. Even in this environment, there are excellent products and enterprises.
One of them is Cao Dewang, the king of the glass industry. Under his leadership, Fuyao Glass is at the forefront of the industry, breaking the foreign monopoly on automotive glass in China. He spent a lot of money on the development of automotive glass technology, professionals and specialized equipment, and finally got the due return, at the same time, it also brought blessings to the Chinese automotive market.
Li Xianyi was born in 1952 to an ordinary family in Ziying Village, Yongning, Shishi, Fujian Province. At that time, the new China has just been established, the whole country is in a state of abandonment, the average family in the countryside can hardly even solve the problem of food and clothing for the whole family, the children also have little extra money to study, most of the children in rural areas only finished elementary school, a few people have a high school diploma is very rare, Li Xianyi's family is no exception. 15 years old, he is still in junior high school, but due to the conditions of the family is too difficult, he left the school, early in the morning, and the family is very happy.
He left school and entered society at an early age.
After he dropped out of school, he first went to work in a factory. Although he earned some money, the work was tiring and he saw no prospects. So at the end of the 70s, he left the factory, trying to run their own transportation, he used the money from his previous job to buy a tractor, at first, he drove the tractor to transport goods, and later, he pulled some people who also do transportation to set up a "Ziying fleet". After the establishment of the organization, Li Xianyi received more orders, his transport business is also a small gain. However, he was not satisfied with what he got so far, he wanted to see a bigger world and create more wealth.
In 1980, Li Xianyi came to Hong Kong. At the time, Hong Kong was one of the richest, most economically developed cities in the world with the highest standard of living. Lee wanted to find his own opportunity in this prosperous free port, and because he knew a lot about cars, he used his savings from years of work to start his own auto parts factory. Lee had made a small fortune in transportation before, and this time he did the same with his auto repair store. In just a few years, he developed a small auto parts factory into a comprehensive automotive service company and amassed a large fortune. Five years later, by chance, he read in the newspaper about the dependence of domestic automobile glass on imports and had an idea. He saw the broad prospects for development in Shenzhen, Li Xianyi felt that his opportunity has come, he gave up the Hong Kong automobile comprehensive service company, decided to start a business in Shenzhen.
In 1989, Li Xianyi realized this idea, he spent a lot of money to set up a glass factory in Shenzhen, from machinery and equipment to the relevant professionals, in every detail to achieve high standards. At that time, the local government also provided relevant resources and assistance to this enterprise, and thus Xinyi Glass was born. Li Xianyi came to the Mainland for a relatively short period of time and with limited resources, he has been promoting Xinyi Glass by placing advertisements on the big screen. Due to the good quality of Xinyi Glass, there were more and more repeat customers, Xinyi Glass became stronger and stronger, and Li Xianyi ushered in a bumper harvest in the glass industry.
In February 2001, the U.S. Department of Commerce, in order to curb the development of China's glass industry, to Xinyi Glass and other Chinese exports of glass dumping as the reason for the intention of China's exports of glass to increase the tariffs of 3% ~ 124%. Li Xianyi believed that in the face of anti-dumping, avoidance would be tantamount to giving up the market, and that he should dare to respond to the lawsuit, and he rose to the occasion in an attempt to find a way out for himself. After receiving Li Xianyi's protest, the U.S. Department of Commerce officials came to Xinyi Glass factory, strictly examined all the materials from the establishment of Xinyi Glass to 2001, and the final audit result is that Xinyi Glass is operating in good faith, with reliable quality, standardized accounts, and paying taxes according to regulations.
Li Xianyi just won the anti-dumping victory in the United States, and received the anti-dumping investigation in Canada. He set up an emergency team and hired a well-known lawyer, and in 2002, Li Xianyi won the anti-dumping case. This victory won confidence and honor for Chinese companies in anti-dumping, and Li Xianyi's business became more popular. Xinyi Glass thus became the world's third largest "glass kingdom", Li Xianyi is also known as the "glass king", he was ranked 224th on the Hurun Rich List in 2021 with a value of 10.5 billion U.S. dollars (equivalent to 67.5 billion yuan), while Cao Dewang's value is only 26.5 billion yuan, a difference of 2.5 billion yuan, and Cao Dewang's value is only 2.6 billion yuan. Only 26.5 billion yuan, a difference of about 2.5 times.
After the creation of the "glass empire", he is also very enthusiastic about philanthropy, to the public welfare donated up to 81.11 million yuan. 2020 new crown epidemic, Xinyi Group donated a large number of medical supplies to the mainland, and set up in Hong Kong, "Lok Sin Tong masks bank In addition, it also set up the "Lok Sin Tong Mask Bank" in Hong Kong to distribute free masks and hand sanitizers to the public and children, proving the word "Faithfulness" with practical actions. Both Xinyi Group and Fuyao Glass have contributed to China's glass market and broken the monopoly of the market. In the domestic glass market, the two companies may occupy the market in the future, the light of the national product began to rise.