Entrepreneurial Journey

Entrepreneurial activity is an important manifestation of the economic vitality of a country or region, and the intensity of entrepreneurial activity has gradually become one of the core indicators for measuring the economic potential and sustainable development capability of a country or region. The following is the entrepreneurial journey I organized for you, I hope you like it.

Entrepreneurial journey: Chen Hegui

Although there?

Although there is a refrigeration king? Happy days,? It's really a stumbling block," he said.

86 years old, should be gray hair and teeth shake age. However, in front of the 86-year-old entrepreneur although a head of white hair, but hale and hearty, between words also issued from time to time bright laughter. This is the Zhejiang Taiwan entrepreneur Chen Hegui, the A-share listed company's head of Guoxiang shares.

Chen Hegui went to Taiwan in June 1949, and in 1966, he founded Guoxiang Refrigeration Machinery Company, which has developed into Taiwan's largest industrial refrigeration and air-conditioning equipment manufacturer, and is honored by the industry as ? Refrigeration King? In 1993, Chen came to mainland China and established Zhejiang Guoxiang Refrigeration Industry Co., Ltd. as a joint venture with a company in Shangyu, Zhejiang Province, and in December 2003, Guoxiang became the first Taiwan-funded company to be listed on the A-share market. However, after many years of listing, the original mainland listed model, one of the world's top three train air-conditioning manufacturers, Guoxiang refrigeration operational problems, the company has been the main real estate Huaxia happiness to take over.

Meanwhile, Chen Hegui, who had retired, returned to his hometown at the age of 85, hoping to recapture his former glory in a land he knew so well.

Heartburn

In 2003, as the first Taiwanese company authorized to be listed on the A-share market, Guoxiang was once cited as one of the most important companies in the world to be listed on the A-share market. honest and down-to-earth? the case of Taiwanese businessmen was publicized. And for Chen Hegui, it was undoubtedly a great joy. In fact, during 1999-2003, due to the impact of the Asian financial turmoil, Chen Hegui's company in Taiwan suffered huge losses and was unable to get a loan from the bank.

? At that time, Guoxiang company's financial difficulties to almost ten bottles only six caps, simply can not move over, every day there are a bunch of things to be busy, to bother! At the end of 2003, Chen Hegui thought he had reached the end of the mountain, but from the mainland came the news that Zhejiang Guoxiang Refrigeration Industry Company Limited was about to be listed on the A-share market. This greatly inspired Chen Hegui, but also let him firm footsteps home.

However, after the listing, Guoxiang operating conditions began to go downhill. Since the decision to list on the mainland, Guoxiang began to expand the mainland domestic market, focusing on the brand market, the domestic sales ratio also jumped to 90% of the revenue. However, the company did not expect to enter the domestic market, but was met with a fierce price war. 2005, the company began to operate in the red.

From the technical level, Guoxiang is in a leading position, with China's largest refrigeration compressor product testing center, China's first successful development of nuclear power plant air conditioning mainframe, China's first to undertake the construction of 4,400 tons of central air-conditioning (Hangzhou, China World Trade Center), and so on. However, according to informed sources, Guoxiang had two major decision-making blunders after its listing, which hurt it greatly: one was the construction of a hospital in Shangyu. Although the local government provided cheap land, running hospitals was not Guoxiang's specialty, and the investment was finally aborted, with Guoxiang losing nearly 20 million yuan. Another mistake was to move the Shangyu factory to Shanghai, during which time production could not be carried out normally for about half a year, greatly affecting shipments. 2007 revenue, which was scheduled to reach 400 million yuan, ended up being only 300 million yuan.

During this period, the exhausted Chen Hegui was determined to quit. 2006, Chen's father and son signed the "Equity Transfer Agreement", Chen Hegui at a price of 27 million yuan will hold 27% of the company's equity transferred to his son, Chen Tianlin, the company's business in mainland China to Chen Tianlin to deal with.

But Chen Tianlin was apparently also unable to return to the heavens. in June 2009, Guoxiang announced that Chen Tianlin would transfer all of his shares of the company, more than 30 million shares, to Huaxia Happiness Foundation Co.

Back to the mainland

However, Chen Hegui did not give up his career in the mainland. This may have something to do with the hometown complex he has always had.

"In 1991, my uncle had the intention to go back to Dongyang to invest in the industry, but due to the transportation environment, investment projects and other reasons and delayed again and again. Chen Hegui's nephew Chen Junjian said. In the 1990s, the refrigeration equipment produced by Guoxiang was mainly sold to Shanghai, Tianjin and other big cities. At that time Chen Hegui every time from Hangzhou airport back to Dongyang to spend a long time, he thought Dongyang traffic is not convenient enough, will increase the cost of transportation, is not suitable for running an industry. Although Dongyang's successive municipal party committee and municipal government leaders had contact with him, he always thought that the opportunity to invest in his hometown was not ripe.

In 1993, Chen Hegui made his first investment in mainland China, founding Guoxiang Transportation Equipment Co. in Shijiazhuang to provide specialized air-conditioning equipment for rail vehicles. In the same year, he also founded Zhejiang Guoxiang Refrigeration Industry Co. Guoxiang produces ? Wang brand air-conditioning? Quickly opened up the market and became the largest household central air conditioner and the largest air-cooled heat pump unit and screw-type chilled water unit manufacturer in mainland China, as well as one of the world's top three train air conditioning manufacturers. However, back to Dongyang investment is always Chen Hegui's wish.

For Chen Hegui, returning to his hometown to start his own business is half out of a strong sense of homesickness, and half out of the opportunities brought about by the rapid development of the mainland economy.

? I can't forget my happy childhood, and I can't forget the steamed buns warmed with meat and meat-filled soup dumplings in my hometown. This is what Chen Hegui described as his state of mind when he was in Taiwan. In the first year that Taiwan opened up the mainland to visit relatives, Chen Hegui went back to his hometown with his family to visit relatives. It was windy and snowy, and the journey from Hangzhou to Dongyang took seven hours. But even so, still can't stop Chen Hegui every year to go back to his hometown. 86-year-old Chen Hegui now can't fluently communicate in Dongyang dialect, but whenever he hears the friendly hometown accent, he will show a heartfelt smile.

The call of the hometown

In recent years, with the increase in the number of trips to the hometown, especially the opening of the Yongjin and Zhunyong highways, Chen Hegui's view of his hometown continues to change. The year before last, Chen and Gui passed through Jinhua, Jinhua Municipal Government Taiwan Affairs Office staff told him that the Secretary of the Dongyang Municipal Party Committee, Mr. Zhang Zhongchan, happened to be in Jinhua meeting, and asked him if he wanted to go to a meeting, he said: good. Unexpectedly, informed of the news Zhang Zhongcan first rushed over to visit him, which made Chen Hegui very touched. Feeling the expectations of the people in his hometown, Chen Hegui once again firmly returned to his hometown to invest in the idea. He said to his son: ? I'm getting old, and if I don't go back to invest, I won't have a chance, and the conditions are ripe now.

On the morning of September 27, 2010, the opening ceremony of Zhejiang Cisco Guoxiang Refrigeration Equipment Company Limited was held in Dongyang City North Industrial New District. It took nearly 20 years for Chen Hegui to finally return from Taiwan to his hometown of Dongyang.

Chen and Gui invested in his hometown of Dongyang, Zhejiang Cisco Guoxiang Refrigeration Equipment Co., Ltd. registered capital of 8 million U.S. dollars, the project covers an area of about 70 acres, the production of centralized systems of air-conditioning products as well as frozen containers, etc., and currently has invested 160 million yuan. Zhejiang Cisco Guoxiang refrigeration is the introduction of the first Taiwan-funded enterprises in Dongyang, and Chen Hegui Cisco Guoxiang also brought Taiwan's advanced technology and equipment, so that it has a more competitive advantage.

Borrowing the east wind of the mainland

In fact, in the A-share market halting, is not the first time Chen Hegui suffered a failure. In? Refrigeration king? Behind the success, there is a series of setbacks.

At the end of 1971, Chen Hegui was defrauded of 2.5 million Taiwan dollars by Chang's Air Conditioning Company, and when he learned of this, he almost fainted. 1986, Chen Hegui joined forces with two U.S. technology experts who returned to Taiwan. U.S. science and technology experts returned to Taiwan? Ltd. to develop the so-called "Thermal Generator". Thermal Generator? Ltd. was established in 1991, to 1994 has been reversed 30 million NT dollars, had to end the business. 1999-2001 years, due to the impact of the Asian financial turmoil in Taiwan, the company was reversed more than 40 million NT dollars in the same industry. 2005, due to the contracting of the force a The construction company Taipei Medical University new teaching building mechanical and electrical engineering, during the period of the company's vicious collapse, was fraudulent engineering money more than 70 million New Taiwan dollars.

So many unlucky things happened to Chen and Gui again and again, but he still insisted that he is? favored by fate? What goes around comes around. And I often use this sentence to comfort myself: God will send a great task to the people also, must first suffer their minds, labor their bones, hungry their bodies, empty their bodies, the line is not messed up what they do. It is such a mentality, so that Chen Hegui in front of a lot of hardships and twists and turns over.

Looking back on more than 40 years since the start of the stormy course, Chen Hegui that Guoxiang is like him this? The life of a laborer? The founder of the same, earned and lost, lost and earned, never very spare money, but 40 years have not returned a check. The company's vice president of finance sneered that I love to borrow the east wind of the mainland, borrow the east wind of my hometown. Chen Hegui said, "I hope that this time, in the hometown of my hometown. I hope that this time, in the hometown of the land, can let me once again borrow the east wind.

Entrepreneurial journey: Hu Gang

The times make heroes. Hu Gang, president of Fujian New Continental Group, just 42 years old, is already a total assets of more than a billion yuan, the group has 12 holding companies, including a listed company, Fujian New Continental Computer Company Limited, the industry across the electronic information, biopharmaceuticals and environmental protection of the three areas of the boss of the private science and technology enterprises. Who would have thought that in his ten years of business career, he had twice started from nothing?

Hu Gang belongs to the typical Fujian people, smart, down-to-earth, hard-working. 1975, he graduated from high school, like his peers around the same time, to the rural areas of the mountains and countryside. However, this did not affect his thirst for knowledge. So, when the college entrance examination was resumed, he was admitted to Fuzhou University, majoring in automation.

After graduation, Hu Gang worked at the Fujian Computer Research Institute for six or seven years. During this period, he was mainly engaged in research work, and soon had his own achievements. At that time, the Ministry of Electronics also listed him as an academic leader, which gave him the opportunity to participate in the development of policies and programs for the IT industry in China.

His major achievement was the development of China's first Hanyu card, which solved the problem of processing Chinese information directly without modification of English software, and was a huge sensation at the time. 18 months later, Lenovo also asked him to look at the results of their Hanyu card research, and asked for his opinion, which was very advanced at the time.

However, Hu Gang's unit failed to fully realize its role, and did not improve it in time, instead of pulling the wool over each other's eyes. In the end, the result was only sold more than a thousand sets, making a profit of 2,300,000 yuan, which the head thought was good enough.

The idea of starting your own business

This system is very uncomfortable for Hu Gang, because it does not produce good results. He believes that in this sense, the product is a failure. A technician's invention, the important thing is not to see what prize it won, but whether it can be accepted by the community, how much market share. Disappointment with the system, so that Hu Gang developed the idea of starting their own business. People around him didn't understand why he retreated when his career was so brilliant, and went to borrow money to run a small company.

Now looking back, Hu Gang did not regret his choice. Perhaps, it should be the old saying: gold will always shine. Facts have proved that in just seven years, the new continent has developed from a small company with a few million dollars to a high-tech enterprise group with total assets of more than a billion dollars. At present, the new continent group has 12 holding companies, including a listed company Fujian new continent computer company limited, industry across the electronic information, biopharmaceuticals and environmental protection three fields.

Hu Gang said that the new continent in the field of electronic information business mainly has two major blocks, one is the terminal application products, including financial POS, terminals, two-dimensional code technology and machines, highway monitoring systems, electronic tax control equipment, etc.; the other is the system software products and services, including the mobile communication support network, the core business of the financial electronic system software, and has begun to intervene in the field of network software and services. Network software and services.

In the field of biopharmaceuticals, with the current leading in the international arena, but also China's only national class of cancer detection reagents TSGF as the leader, is the in vitro biochemical reagents stronger and bigger. In the field of environmental protection, the fist product is the international first-class new ultraviolet disinfection technology and equipment, the current market is very popular, and has begun to enter the international market.

Looking back on their own more than a decade into the business world experienced storms, successful people Hu Gang still has a deep sense of crisis. So he always reminds himself to constantly learn, innovation, from the failure of others to study the positive gains.

He believes that now is the perfect opportunity for the development of private technology enterprises. Because, the improvement of the policy environment, the government's strong support for the development of private science and technology enterprises, and the increase in demand for technology products and services have provided an unprecedented big stage for the great development of private science and technology enterprises. What he wants to do is to make his business stronger and bigger in the wave of the market.

Entrepreneurial journey: Pan Junhai

Self-employment begins with practical work

In February 1999, less than 20 years old, Pan Junhai dropped out of high school, intending to go out to work. Sitting on the train to Beijing, remembering his family who worked hard to raise high tuition fees for him, he had a heartache.

? The moment you get on the bus, Pan Junhai finally looked back at his hometown, and then wiped away the tears, closed his eyes and stride onto the bus, directly to the last row to sit down, embarked on the road to go out to work.

When he first arrived in Beijing, he did not have a skill, but he could only do manual labor: as a porter, as a casual laborer in the construction site, and as a handyman in the stalls.

In July 1999, he entered a restaurant that also did fried chestnuts. He did not expect, from then on, and fried chestnuts have formed an unbreakable bond.

The suffering, the rural origin of Pan Junhai is not afraid. At first it was embarrassing to come out and hawk, but if you don't, it's hard to sell things. So I only hard to call, three days down, around who did not call me loud. Diligent, down-to-earth, good learning, young Pan Junhai by the boss? A Anhui hometown appreciation. 3 months later, he followed the boss, to Qingdao fried chestnuts.

However, due to the shrinking market, the chestnut store soon closed down, and Pan Junhai lost his job. I'm not willing to live such a dull life, I have to rely on my own strength to break out of a career. In the predicament of Pan Junhai, the idea of opening their own fried chestnut store was born.

Everything is difficult at the beginning. Doing business first requires a capital investment for the purchase of raw materials. For Pan Junhai, to come up with the funds is quite difficult. But since you want to do it, you have to take a firm step. His family ran to the east and asked the west, asked relatives and friends, and put together 2000 yuan. However, this money is not enough to buy equipment, but can only be used to purchase a small amount of raw materials.

He first relied on part of the credit, to the supplier into a batch of goods, and with the store landlord to discuss, by the way of profit sharing offset rent. In order to save more money to buy raw materials, weekdays he always save money, do not want to spend money, just focus on desperately more work.

The business was running well, and Pan Junhai got his first taste of it. However, the good times didn't last long, and the surrounding stores started frying up chestnuts, and then due to unfair competition and the landlord's ostracism, Pan Junhai left Qingdao for Wenzhou in disgrace.

Because of the honesty and trustworthiness, the supplier Fu Qingjun is willing to take a gamble and give Pan Junhai more than 100,000 yuan of raw materials on credit. Wenzhou fried chestnut market is vast, Pan Junhai unexpected success. In more than half a year, Pan Junhai and friends and relatives opened four stores in Wenzhou earned the first bucket of gold in life?30,000 yuan, pay off the debt, the purchase of machines, enough raw materials.

From? Li Shanghuang? To? The first thing you need to do is to get your hands on a new one, and you'll be able to do that.

With the gradual saturation of the market in Wenzhou, Pan Junhai decided to open up a new market. October 2000, he was carrying 90,000 yuan, began a trip to Guangzhou. Unexpectedly, he encountered the first time since the business here? Waterloo? Due to the market downturn, coupled with a serious reduction in chestnut production that year, Pan Junhai lost 50,000 yuan.

Recalling those days, Pan Junhai said with emotion: ? A dozen people in the warehouse on the planks sleeping together, bathing to the public toilet with a faucet rinse, every day out of the morning and night to find sales. Mother knew I had a hard time, cried on the phone, then this heart not to mention how hard it is. But no matter when, the family always believe me, I have never given up.

With the support of the family, even in the face of even greater pressure, Pan Junhai did not retreat. He understands that there is no turning back, he can only insist; he understands more, in order to let the whole family live a good life, he only doubled his efforts.

The success of the work of the people. The company has signed a contract with Jusco, the world's leading retailer, and began supplying fried chestnuts to supermarkets. 2002 to 2005, by hard work and accumulation, Pan Junhai's day gradually rich.

In the second half of 2005, Pan Junhai invested more than 200,000 yuan to create his own brand? The brand name is "Chestnut", which symbolizes the name "Chestnut". Every chestnut is a royal product. Less than three years, his? Chestnut on the emperor? Fried goods store has developed to more than 20 outlets, the product is also a single fried chestnuts before the expansion to melon seeds, peanuts, walnuts and other dried fruit fried products,? Chestnut on the king? Also renamed? The name is also changed to "Pellet on the King".

? The original flavor of each selected now, grains of love grains on the emperor? Pan Junhai insists on abiding by the principle of "quality is life". Quality is life. The principle of quality is life, sparing no effort to grasp each production link, the establishment of a high-quality raw material procurement team and strict inspection team, the products are also sold throughout the country, even Australia, Japan and other countries to negotiate cooperation. At present, Pan Junhai has 48 fried food outlets, distributed in Guangzhou, Foshan, Hefei and other cities, with an annual output of more than 1,000 tons of fried food.