China's new richest man Liu Zhongtian 15 24 billion

Source: Internet
Author: User
Keywords China's rich Zhong Wang Guangzhou Asian Games Liu Zhongtian
This reporter Gao Bin from the Liaoyang financial crisis in the ebb of the capital of Zhang Yin, yang, wealth has shrunk, Wong Kwong Yu is more in prison, and the 45-year-old Liaoyang man Liu Zhongtian, but with the Chongwang (01333,HK) will go to Hong Kong listing in the contrarian rise to a new generation of China's richest man. People who have contacted Liu Zhongtian say that he does not see how he wants to become the richest man in the mainland. He is not like Yang, Zhang Yin, Wong Kwong Yu in the capital market overnight fame, and not like Liu Yongxing, Guanqiu and other rich list of evergreen trees, for many years has been low-key forward, experienced seemingly simple, but actually mysterious.  During the interview, Liu Zhongtian's phone was not connected. 15 Fu Road was born in 1964 Liu Zhongtian, after graduating from high school to run their own chemical business.  However, a person familiar with the situation, Liu Zhongtian High School after graduating as a carpenter, in the local Liang Guan suo repair desks and chairs, and later do petrochemical business is benefited from father-in-law's background, and received the support of local government. Liaoyang, the largest enterprise of PetroChina Liaoyang Petrochemical Branch, is undoubtedly the important pillar of Liu Zhongtian's fortune.  Liaoyang Petrochemical is the largest chemical fiber production base in the north, its products oil, ethylene, polyester and so on, in the planned economy and market economy in the last century of the 80 's can be "money" of the baby, Liu Zhongtian also in the opportunity of the dual-track to harvest the earliest development experience and capital. In the late 80 's, the state-owned large enterprises in the Northeast were still subject to the planned economy, but the flexible Liu Zhongtian had seen the market opportunities, from the self-employed to the private enterprise transformation. 1989, Liu Zhongtian founded the synthetic resin chemical plant and director, and then founded Liaoyang Aluminum Products factory, Futian Chemical, Chengcheng plastics and other enterprises.  By 1993, with Hong Kong Power Wang Limited's joint venture, so that Liu Zhongtian set foot on the road to the richest man. January 18, 1993, by Liaoyang Aluminum Products factory and Hong Kong Power Wang Co., Ltd. joint venture Liaoyang Zhong Wang Aluminum Co., Ltd. (Zhong-Wang Aluminum), registered capital of 20 million yuan, Liu Zhongtian to plant, land use rights and equipment to contribute to 12 million yuan, the power to invest in equipment for 8 million yuan. Over the next 10 years, Zhong-Wang aluminum continued to increase the capital, by 2003, the registered investment amounted to $47.305 million, of which China invested 28.383 million U.S. dollars, accounting for more than 60%.  April 2003, the power of Wang quit, Hong Kong Lung Industrial Co., Ltd. took over. Even 47.305 million dollars is still a small part of the capital. By 2005, Chung-Mong group Paid-in capital had reached 1,805,470,000 yuan, exceeding the registered capital of 1,413,950,000 yuan.  And the reason why did not register according to Paid-in Capital, Zhong Wang Group's explanation is that if the joint venture company registered capital of more than 50 million U.S. dollars, it is necessary to go to the relevant national ministries for approval, procedures more cumbersome, so the excess part of the adjustment to the capital Fund. In 2007 and 2008, Zhong-Wang issued bonds of 600 million yuan and 2 billion yuan respectively, and one-year notes had a nominal interest rate of 6.1%. It's in the market.In November 2008, Chung-Mong group suddenly announced that Taishan Investment group and the United States World Capital Limited jointly invested 300 million U.S. dollars in the loyal Wang Group.  Subsequently, the Hong Kong listing of Chung-Mong Tour officially launched.  In the first half of 2008, the total assets of 8.95 billion Yuan Zhong Wang Group, operating income of up to 11.26 billion yuan, become the world's third largest, Asia's largest aluminum profile enterprises, this time with Hong Kong Power Wang joint venture only 15 years.  "4 trillion" investment gave birth to the new first Fuzhongwang announced the launch of the Hong Kong listing, the State Council happened to announce the 4 trillion Yuan investment plan, which undoubtedly to the Chung-mong listing injected a shot of the tonic.  2008 years ago, three quarters, Zhong Wang group exports about 78,000 tons of aluminum, revenue of about 275 million U.S. dollars, but the main sales market in China, three quarters, the capital airport expansion, Beijing Olympic Games, Shanghai World Expo and Guangzhou Asian Games, such as more than 10 national major projects, Chung-mong New signed orders amounted to 7.3 billion yuan. China's railways have been speeding up, and Zhong-Wang has become one of the winners, winning 70,000 tons of aluminum contracts at several major locomotive plants under the Ministry of Railways.  Then, the top ten industrial support planning has also been introduced, credit began to appear blowout, large-scale projects continue to mount, the demand for aluminum profile suddenly increased.  A series of national investment projects, under the city to fulfill the Chung-Wang Group's dream of listing. April 20, Zhong Wang launched the world's largest IPO roadshow this year, 24th began the IPO. The Chung Wang group sells 1.4 billion shares, 140 million of which are on sale in Hong Kong and 1.26 billion for international sale at a price of HK $7 per share.  Liu Zhongtian accounted for 74.1% of the total shares, about 4 billion shares, according to the sale price, the market value of up to HK $28 billion, equivalent to more than 24 billion yuan, more than 2008 "Forbes" China Rich top Liu Yongxing. Low-key and mysterious rich one Liaoyang media reporter said: "Liu Zhongtian people low-key, and does not involve black, unlike Bang." "For the outside world, Zhong Wang Group is very mysterious." In the headquarters of Zhong Wang Group, there is a small building, which is said to be a luxurious one in the famous "Red Mansion" in the Xiamen far-China case, to serve as a visiting leader.  and an area of 180,000 square meters of Zhong Wang Group, like a miniature society, food and clothing to live without going out, outsiders must go through a lot of checkpoints to enter. Liaoning's media and the central media in Liaoning bureau reporters, almost none of the opportunity to interview Liu Zhongtian, many reporters have encountered the embarrassment of being shut out. Zhong Wang Group, an employee told reporters: "Not to the recent group to interview, now all foreign vehicles and foreign personnel are not allowed into the door."  "Liu Zhongtian's low-key, so that people have produced two diametrically opposite impression, one is that others are very good, very easy-going, the other is that he is very" cattle ", but also the kind of cattle. An official in an office in Liaoning province said that one time, the office organized local media and foreign media reporters to interview, to the Chung Wang Group's Gate, security, even the door did not let in, made a phone call, said the boss is not in, unable to receive.  But soon, the official saw Liu Zhongtian's car out of the gate and rode away. He often doesn't buy Liaoyang local officials.  In 2007, a Liaoyang official with an entrepreneur in dire need of loans went to the Chung-Mong group to ask for help, although the arrival of the person in a near-begging tone promised "higher interest on the guarantee of the loyal Wang Group", but Liu Zhongtian ignored. But a Liaoyang media person said with admiration, Liu Zhongtian is very easy-going and very kind. For example, he said, Chung-Wang group started in Xu Jia Village, Liu Zhongtian for so many years has been very good to the villagers, to the village hair rice, noodles, oil, to the poor are to tens of thousands of dollars in cash.  The reporter inquired several loyal Wang Group's staff to the enterprise impression, are said to feel like working in state-owned enterprises, the first-line staff monthly salary of about 2000 yuan, in the local level, welfare benefits, as long as there is a big holiday, will send two hundred or three hundred yuan, and sometimes hair oil, noodles and so on. Liu Zhongtian rarely go out to socialize, most of the time in the group of enterprises, workshop inside walking around, see problems immediately pointed out. "Very strict, ruthless, but only for the sake of the subject."  "said one employee who had been reprimanded. Liu Yan, a young executive team, is two years older than Liu Zhongwang, and the two have a huge difference in their life, but in the end they become partners. Liu Yan 1985 graduated from Beijing United University, after graduating from a low-voltage device factory in Beijing as a technician. When Liu Zhongwang founded a chemical plant, Liu Yan studied in Australia and New Zealand and then started a business in Hong Kong. After the Hong Kong lung took over the power, the joint venture in 2004 was changed to Liaoning Zhong Wang Group Co., Ltd., Liu Zhongtian as chairman and Liu Yan as vice chairman.  However, according to the listed prospectus, Liu Yan, as the Hong Kong investor and Vice-Chairman, did not enter the board of directors.  A staff member of Chung Wang Group said that the head of the Chung Wang Group was the Liu Zhongtian and Liu Zhongji Brothers, while the other executive Director Shihuihui was responsible for managing the day-to-day business, while Lu Changqing, the "second-in-command" executive Director, was solely responsible for listing matters.  Shihuihui and Lu Changqing have a professional background, Shihuihui this year, 42 years old, was a Changchun Crane factory engineer, came to work in Liaoning, engaged in aluminum mold design, and entered Zhong Wang Group as deputy general manager. Liu Zhongtian has always been out of the way, even in the roadshow and IPO process, by Executive Director and Vice President Lu Changqing, dealing with investors and the media.  Only more than 30-year-old road Evergreen, is the Chung-Mong group at the end of 2007 from Huiyuan Juice dug to specialize in the listing of senior executives, has worked in investment banking, 2003 to join Huiyuan, as general manager of the Investment Management Department, the successor board of Directors, in February 2007 to help Huiyuan Juice in Hong Kong listing.  After entering the Chung-Mong Group, Lu Evergreen has a stage to play its professional role in the financial crisis, helping Zhong Wang group improve its corporate governance structure, introduce venture capital, and successfully promote Zhong Wang Group's listing in Hong Kong. Liu Brothers on the management of enterprises, a feware taught by themselves. His brother Liu Zhongji 38 years old this year, college education, has served as Liao Chemical fiber factory chief of supply and marketing, after entering Chung-Wang Group, from Liaoyang Futian Chemical Co., Ltd. Manager has been the group general manager.  One to Zhong Wang Group has been working for several years employees said, usually Liu brothers rarely in Liaoyang, most of the domestic and foreign enterprises to visit, study, a good experience, new management methods, take back to the enterprise to test. and group Office Director Zhengqingshan is younger, only 30 years old, in 2001 after graduating from the Chinese Department of Liaoyang Technical College entered Zhong Wang Group, mainly responsible for corporate culture construction, foreign exchange and caucus work, concurrently the Group party committee deputy Secretary, Guillever Deputy secretary.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.