King founder Wang Jianguo Riders Yunfeng Fund

Source: Internet
Author: User
Keywords Founder Yunfeng King
From the founding of five-star electrical appliances to fade out after two times, and now keen on equity investment, Wang Jianguo is from the old home appliances veterans into new capital players.  At the end of February this year, Wang Jianguo claimed that it and Alibaba's Ma Yun, giant network of Shi Yuzhu, as well as the founder of the mass media Shong, such as co-founded the "Yunfeng Fund", the fund will be to new energy, High-tech and consumer areas of the new model of the three major plates, Wang Jianguo I am responsible for "the new industry in the field  A year ago, after leaving the five-star electrical appliances, Wang Jianguo's identity is the chairman and president of Jiangsu five-star Investment Holding Group Co., Ltd. (hereinafter called Five Star Holdings). March 3, Nanjing Five-star holding building 6 floor.  Wang Jianguo Office of the Sun Room has a small door, pushed open the door, visible a little garden, small bridge, water, gazebo, Wang Jianguo I proudly called "Aerial garden." However, if you look up below the five-star holding tower, you cannot see the "Aerial garden", and in Wang Jianguo's own words: "Why should outsiders see it?"  "This once with Jindong, Huang Guangyu's famous appliance giant, still unwilling to publicize himself." Fade out of five-star electrical Wang Jianguo early politics, after business.  1998, Wang Jianguo created five-star electrical appliances, but there was no official store, five-star electrical appliances only to the appearance of air conditioning stores, this and another Nanjing household appliances chain Big Heng Chang The road is the same. Although five-star Electric was founded in 1998, but Wang Jianguo is more willing to "five-star Year" lock for 2001 years. The same year April 18, the first five-star electrical appliances store in the form of the appearance in Nanjing.  Later Wang Jianguo's five-star electrical appliances have always been considered the industry except Gome, suning outside the old. "Home appliance chain is destined to expand the road, and manpower, experience accumulated to a certain extent, enterprises further expand the cloth point, the most need is the support of capital." Wang Jianguo said that the five-star electric has never given up the plan to finance the listing.  To this end, the five-star electric once introduced the World Bank and other investors, the earliest in 2004 on the plot to go public. However, as a result of foreign capital, it is proposed to be a red-chip in Hong Kong listed five-star electrical appliances, but the policy is blocked outside the door. At the same time, Gome and Suning have successfully listed. The gap between the five-star electrical appliances and "Su-mei" opened.  This, Wang Jianguo, is not denying. The listing road does not work, Wang Jianguo had to for five-star electrical appliances alternative way. May 2006, the largest home appliance chain in the United States to buy 1 billion yuan capital injection, to find five-star electric 51% of the equity. Five-star electrical appliances have a "foreign father."  After that, Best Buy added a 75% increase in the equity ratio. Although Best Buy after the Lord, five-star electrical appliances are no longer the surname "Wang", but almost all staff, did not feel any change, talking about five-star electrical appliances, five-star electrical workers are still think Wang Jianguo is the real owner of the enterprise.  It was not until February 2009 that five-star electric was bought by Best Buy 100% Holdings, Wang Jianguo chose to leave. "Can't say that I'm not sentimental about five-star appliances, and I chooseThere are two reasons for leaving: first, the boss of the second seat has been suning, Gome sat, five-star electrical appliances in spite of the following, but there are a lot of gaps, since unable to lead the five-star electrical industry first, as the choice to let go; second, after Best Buy capital injection, five-star Electric became a joint venture Although I am not saying that the form of joint ventures is not good, but after all, the Chinese and Western corporate culture is different, this is my final choice to leave one of the reasons. "Following Wang Jianguo for many years, a secretary said:" Wang has been very low-key, leaving the five-star electrical appliances, nor too much to render, but not high-profile claims of their new trend, which is related to his character. "Leave the five-star electrical appliances, Wang Jianguo will hand the five-star investment renamed to five-star Holdings, the enterprise and five-star electrical appliances no longer have any relationship." This "five-star" has not been the "five-star", but Wang Jianguo is still the Wang Jianguo. [Page] for the total fund size of Yunfeng funds, Wang Jianguo and other people accounted for how much equity, the current investment projects, Wang Jianguo tight-lipped, "We have confidentiality agreement, can not be open to the public, the hands of the project must be some, concentrated in the new energy and High-tech fields, but the specific inconvenience disclosed, The investment of Yunfeng fund is to be listed as the goal of the enterprise finally. In addition, can also reveal that the Yunfeng fund is not the size of the general capital. "Wang Jianguo stressed that by him and Ma Yun, Shi Yuzhu and other people created by the Yunfeng Fund and other investment funds are different," We are entrepreneurs, and each of the industry is not the same, entrepreneurs to do investors, and the pure sense of the investors, see the point of view will be completely different. In fact, long before the establishment of Yunfeng Fund, Wang Jianguo has quietly laid out the capital market. December 9, 2009, Nanjing listed companies focus on technology (002315. SZ) in the gem listing, the issue price of 42 yuan, But the opening price is as high as 78.55 yuan, as of March 4, 2010, the closing price reached 69.45 Yuan, the company's nineth largest shareholder in Jiangsu Xin Quan venture capital Investment Management Co., Ltd. (hereinafter referred to as the letter Spring Venture Investment) for holding 705,000 shares, the book market value approximation of 50 million yuan.  But little is known, Wang Jianguo himself is the chairman and the first major shareholder of Xin Quan venture.  It is worth mentioning that Wang Jianguo's letter springs in the focus of Technology August 24, 2007 increase in capital, the cost of obtaining the above equity is only 4 million yuan, 3 years less than the time, it will achieve more than 12 times times. However, the letter spring venture and five-star holding is not related.  In addition to focus on science and technology, Wang Jianguo through the five-star holding and letter Spring Ventures also cast a number of listed companies. Now in the capital market Wang Jianguo still maintain the customary humility, when connecting the phone, 50-year-old He still claimed: "I am Xiao Wang." [Page] Two pioneering "five-star holding to invest in the main body, direct investment and indirect investment two. "Wang Jianguo so-called" direct investment "refers to industrial investment. For example, the real estate field, although the project is not much, but the plots are relatively large, such as in Jiangsu Liyang and Yixing projects. Compared with real estate, Wang Jianguo more optimistic about his newly founded two chain of companies, one for the king, two for the good to enjoy home. The former specializes in maternal and infant markets, which specialize in high-end home markets.  Wang Jianguo, who was born in five-star electronics, did not give up his familiar commercial retail field. "Mother and infant commodity market and high-end household products market, is now a blue sea, than the profit of micro-bo home appliance chain, which is almost a virgin land."  "Wang Jianguo said.  Wang Jianguo King In addition to infant goods, but also provide early education, English teaching, swimming instruction, catering, etc., the first king December 2009 in Nanjing Landing business, operating area of 6000 square meters.  As for the luxury home products market, Wang Jianguo himself a metaphor-"comfortable home environment service provider." "To take drinking water, now the water pollution is serious, how to purify water, soften, acid-base control, these are problems, but we can solve." Simply put, a good home can provide a package of home environment solutions. "Good to enjoy home in 2010 just landed in Nanjing, 1 months received 200 orders," We are busy, take orders, but no time to do. This at least shows that the market is also promising. "According to Wang Jianguo revealed the plan, 2010, good Home and King will be opened in the year to 5 chain stores."  First layout of Jiangsu and Zhejiang, 2011 began to enter Shanghai. The experience of the capital player five-star electric appliances has already told Wang Jianguo, the chain store develops to a certain degree, is the capital is king, first has the capital, after has the expansion.  Therefore, Wang Jianguo, Ma Yun, Shi Yuzhu and other joint creation of "Yunfeng Fund", and the former is responsible for "the new industry in the field of consumption", it is easy to let the market to think, Yunfeng fund is about to layout Wang Jianguo own good home and king. But Wang Jianguo denied, "at least for the time being." "And Ma Yun, Shi Yuzhu, Shang and other business giants together, and no legendary story," very simple, we are the Yangtze River Business School students and alumni, I am very familiar with Ma Yun and Shi Yuzhu very familiar, froing, three talk about four, we decided to decide. ”
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.