Jinjiang Venture Help: Several big enterprises join hands to achieve zero breakthrough

Source: Internet
Author: User
1985, 32-Year-old Xu Lianjie with a group of Jinjiang folks founded Heng An company, when, Jinjiang's garment processing industry just started, at home in the seventh Hong Yu set, will be operating the tailor renamed New Art Belle Garment factory renamed as "Qi"; the same year, in the vicinity of another town Jinjiang Jin Jing Zhen,  A company called the Gold Well Labor service overseas hometown clothing craft Factory's collective system small enterprise has just ushered in a 20-Year-old director Zhoushaoxiong; Also in 1985, the 23-Year-old Wu Stove started the Wu Dai flour mill. 1987, 17-Year-old Dingzhizhong came to Beijing alone, embarked on wangfujing, marketing out of 600 pairs of hometown Jinjiang production of sports shoes; 17-Year-old ding water by working to accumulate 500 yuan, and two sworn brothers together founded three Hing Company; the same year, 32-Year-old Xu Jingnan completed the initial primitive accumulation,  Ready to do a big fight in the footwear industry and start contracting Nike's factory in Jinjiang, Ding Jiantong's factory began producing 10,000 pairs of shoes a day.  After a few years, business history such as water, ups and downs, China's economic growth has given unprecedented opportunities for the times, for many "stand up" industry enterprises, like standing in the elevator, "even if standing still, will continue to grow up."  Xu Lianjie Heng An company, became the Heng an group, its main business also turned consumer goods, in 1998, its Heng an holding group listed in the Hong Kong Stock Exchange, became the Jinjiang County's first listed company, today's market value of more than 70 billion.  Zhoushaoxiong three brothers and four buddies, then founded seven Wolves, the main business for clothing, 2004 Shenzhen SME Board listing, became Jinjiang's first apparel listed companies, now market value of 9 billion. Dingzhizhong, with family support, established the Anta company on the basis of a family workshop in 1994, and in July 2007 the Dingzhizhong family's Anta Sports (2020.HK) was listed on the Hong Kong Stock Exchange, with a net worth of up to 18 billion. In 2001, ding-Wave's three-hing company renamed the Special Step,  Was listed in Hong Kong in June 2008, raising 2.1 billion of the family wealth of more than 7 billion. Ding Jiantong in 1996 will be the company renamed "Buick", 2004 changed its name to 361 °, June 2009 listing in Hong Kong, raise capital 2 billion, family wealth over 4 billion. In 1989, Xu Jingnan registered the "horse" trademark, which was listed in Hong Kong in 2009, with a family wealth of 4 billion.  Ding in 1997 from the soles of the manufacturing into the footwear industry, the 2004 creation of the U.S. shoe industry, 2010 in Hong Kong listing; The Hong Clan's creation of the Qi brand and the strength of the clothing, also began to try to market the road.  But this era in the opportunity to give, but also bundled with unprecedented difficult challenges, holding, pulling the private enterprises in China, in the "Birth and death" of the reincarnation of the growth. The same is true of Jinjiang. In the so-called listing and create rich brilliance before, almost all of these enterprises, have experienced a similar ad gambling, institutionalized pain, financial chain dilemma, and so on, the same, this batch of successful people at the foot, is countless not remember the firstFierce companies.  As of June 25, 2010, Jinjiang has listed the number of enterprises in the national county-level first, reached 26.  Industrial clusters have also led to the rise of related upstream and downstream industrial chain, fabrics, chemical fiber, zipper, line industry and even logistics industry, have been listed companies. But industrial clusters also form a look at the visible "Red Sea", for the first-time, in a stable growth, while the sense of crisis is growing, entrepreneurs are now thinking, in the early efforts to advertise, brand-driven growth in the initial stage of the foundation, How to use management tools and E-commerce platform to more systematically integrate resources to enhance the overall competitiveness.  There is a long distance from thinking to action.  Predictably, "The Godfather-level" Xu Lianjie two changes, especially the second management change that began in 2009, will bring a touch and demonstration effect to other enterprises in Jinjiang, just like the old gentleman's previous listing, institutionalization, the family of capital, the management of the marketing of various attempts. Jinjiang's younger generation of entrepreneurs, who are far more than satisfied with the pioneers of replication, are more willing to use a new E-commerce platform to find more innovative business models.  and footwear industry-related e-commerce business to become the first choice, Amoy shoe nets, Universal shoe City, the name of the shoe storehouse and so on successively gush. However, the geographical and talent limitations, the resulting short plate is increasingly obvious.  Although the city of Jinjiang, there are five star hotels and all over the BMW car, but still can not cover up the small cities of the block and Edge, the enterprise "capital" Xiamen is an open trend. For foreign venture capital, Jinjiang is a place for them to love and hate.  In the local, an enterprise to introduce foreign venture capital, will be understood as "lack of money, enterprises are not", and foreign VC to local enterprises "do not understand" financial statements are always skeptical. But just as all the grassroots private entrepreneurs in China have a natural sense of smell of opportunity and benefit, the entrepreneurs in Jinjiang have a clear view of the wealth myths brought about by equity investments.  "Creation and optimization is cast", such as Heng Ann's family funds and Zhoushaoxiong family group, as well as Qi Hong Brothers, in the field of equity investment, has benefited from the case. Heng Ann, seven wolves, kiss food Several large Jinjiang enterprises jointly funded by the Hongqiao of the final establishment, can be regarded as a breakthrough in Jinjiang local VC zero. Wu Furnace finally chose to create a kiss of the food holding right to Heng Ann, and full time turned VC industry, now, his title is Hongqiao venture Chairman.
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.