Zhejiang Merchants 500 strong from the world 500 strong how far

The world's top 500 growth experience shows who can become an important organizer and integrator of value chains in the global sense, and who will be able to leap on the path of growth.　　As the top representative of Zhejiang Business Enterprise, it ranks among the 500 top-ranked Zhejiang merchants, Guangsha, Jianlong, Fosun, Wahaha, Sea and Chint in 2008, and the outside world pays close attention to these enterprises ' every move, but also the distance between them and billions of companies. "In the next 5-10 years, the world's top 500 enterprises will appear more and more Chinese enterprises, the middle will certainly have China's private enterprises, there will certainly be Zhejiang business enterprises."　　May 6, Fosun Group (4th) vice Chairman, CEO Liang in the interview with the "Zhejiang business" reporter judge. If the world's top 500 entry to the "threshold" of translation, this is a more than 100 billion yuan in the "threshold." Before 10, this made Zhejiang business enterprises unattainable.　　But now, the Zhejiang business Leader is striving for this leap. So, who can become the first Chi enterprise? Perhaps it is universal, Guangsha, or the construction of dragons, Fosun, or even rely on the rapid expansion of the domestic demand market wahaha ...　　In Zhejiang Merchants 500 Top 10 companies have this possibility. The world's top 500 growth experience shows who can become an important organizer and integrator of value chains in the global sense, and who will be able to leap on the path of growth.　　But for Zhejiang Business Enterprises, this road is still full of challenges. "Winter Hunters" and "Fosun" we don't talk about scale, Fosun only has a net profit of 5 billion yuan target, "Although Liang did not mention the billion targets of Fosun, but according to the March 28, Fosun International (00656.HK) annual report showed that 2008 Fosun combined income of about 40.25 billion yuan, an increase of 25.9%, Profit of about 1.33 billion yuan.　　In other words, to discuss the target of 5 billion yuan net profit, which corresponds to the billions of targets of Fosun. Over the past few years, the "complex galaxy" has been rapidly expanding and growing, relying on both industrial operations and capital operations on both legs. But without new means, the billions of Fosun's targets could hardly be easily achieved.　　To this end, Fosun has developed a new development strategy for its future. The first is that the direction of investment has changed.　　Since 2008, Fosun has increased the share of light assets in the business sector, such as services and basic consumer goods, and has recently been buying stakes in new media companies such as the public sector.　　"From an economic standpoint, when the economy is in a nosedive, the consumer-goods industry, which has renewed demand, is the most defensive, while steel and property are not the necessities of life," Liang said, adding that this was an important reason for Fosun's decision to transform its investment in the heavy chemical industry into services and consumer goods. Another change is the acceleration of the replacement of assets owned and new asset projects. In the past, Fosun's search for investment projects was dominated by unlisted companies, which in turn promoted the listing of companies, and carried out a wholly long-term industrial investment operation. And the 2008 Fosun Investment hasCombined with the investment of unlisted and listed companies. "We want to invest in some weak cycles, good cash flow, strong resilience of the light assets, such as the new media industry, animation entertainment and so on, enhance our ability to resist risk."　　"Fosun hopes to pass this round of the low change, so that their asset structure is both growth and stability, both capital-intensive and light assets, both high profit margins, but also have high cash flow."　　That is why, beginning in 2008, Fosun began a new round of acquisitions: first, the acquisition of Hong Kong listed Zhengda shares and the United States and the Division and Tongji Church shares, after the purchase of the Hunan Times Sunshine Pharmaceutical, Linhai, Zhejiang, Tianjin Iron and steel, Yong-fat bio-pulp paper, a stake in "My uncle fast-food chain", and even into the civil explosives industry. In 2009, Fosun made clear the idea of going out for the winter to hunt, emphasizing the importance of counter-cyclical efforts to strengthen investment.　　Fosun management consensus is that at present it is an asset acquisition and mergers, integration and reorganization of the great opportunity, is a proactive, counter-cyclical operation of the great opportunity. The reason, Liang said, from the point of view of financing, the economic rise is the capital market for equity financing opportunities, the year before the Fosun caught; the economic downturn, interest rates continue to lower, is a debt financing "window period."　　From an investment point of view, on the one hand, investment rate is low, in turn, the return on investment will gradually show up, another aspect, it is easy to choose a good "seed", "bottom" cost will be very low. "With the rise of China's economy, China's GE, Mitsubishi of China, Samsung of China, or the mainland and Huang, are certain to play the role of industry organizers." And Fosun is the role.　　"Liang said.　　The road to Chi Enterprises is bigger and stronger is the dream of all enterprises, not only Fosun has such a demand, also ranked in Zhejiang merchants Top 500 of Wahaha, on this topic also without evasion. "2009 Wahaha revenue target is 50 billion yuan, the plan in 3-5 years Sprint billion mark." "Wahaha Group (5th) Chairman Zong Qing, in an interview with the" Zhejiang merchants, "said in 2008, Wahaha revenue exceeded 32.8 billion yuan, a 27% increase from the previous year.　　According to this pace of development, three years later, Wahaha is expected to achieve hundreds of billions of long-cherished wish. However, to complete the leap is not easy. "The enterprise first needs to have a coordinate system, to who to the standard," Liang that, after looking for the quasi coordinate, in doing strong foundation, the big on the ripe. The coordinates of Fosun are to be China's GE, Mitsubishi of China, Samsung of China, or mainland and yellow.　　Wahaha's coordinates are the beverage giant Coca-Cola. With the coordinates, the continuous ability of the enterprise is the necessary condition to promote growth.　　Liang the sustainability of the enterprise into operational capacity, financing capacity, investment capacity. "Your efficiency is better than others, there should be multi-channel and multiple sources of financing platform, but also in the critical moment to determine the right investment judgment." "Liang particularly value entrepreneurs ' investmentAbility to grasp. "To know how to change in the selection of the industrial chain, this is the enterprise at different times always leading the industry key."　　"Who is the first of billions of enterprises so, who will be in the next 3-5 years to advance hundreds of billions?" at present, in the 500 list of Zhejiang merchants, there have been 10 dozen enterprises break or nearly 40 billion threshold, they are universal, Guangsha, Jian Long, Fosun, Wahaha and so on--Zhejiang Business Enterprise's first hundred billion companies or will be born here.　　Fosun is undoubtedly the most popular choice problem, as a comprehensive private enterprise group, its high profitability of the major industries will undoubtedly help them to climb the peak. Fosun's pharmaceutical and mining sector grew strongly last year, with net profits of 58% and 117% per cent respectively, the report showed.　　Among them, the profit contribution of medicine plate is 261 million yuan, the profit contribution is mainly due to the rapid growth of Fosun Pharmaceutical research and manufacturing business, and the sustained high-speed growth of the joint venture. The mining sector's profit contribution is 1.285 billion yuan, the income is 3.106 billion yuan, also compared to 2007 's 743 million yuan greatly increases.　　This is mainly due to the August 2007 merger of the new subsidiary of Hainan Mining, as well as the company's Jinan mining and associated enterprises Huaxia mining industry due to capacity expansion and average sales price rise. "Our various sectors are growing steadily, and in the next few years we will focus on investing in high-growth industries."　　"Liang to the current Fosun's industrial portfolio is satisfied, in his view, as long as the various industries to do strong, Fosun Group's big is" natural "things. Because of the market for domestic demand, Wahaha future development is also subject to concern. Referring to the Wahaha group, Liang said, "If there is a positive representation of domestic demand, it will be very large." "Zong is certainly more optimistic about the space in the domestic market. "Wahaha currently accounts for only 13% of the national market and is likely to be close to 20% to 25% in the future." "Not only that, Wahaha has put its sights on foreign markets."　　At present, Wahaha products have entered the United States and Canada market, the next step, Wahaha intends to look for opportunities in the Middle East.　　And the construction of Dragon Heavy industry and Wanxiang Group, it is likely to win in this round sprint. According to the current ten industrial revitalization adjustment Planning, steel industry will be encouraged to restructure one of the industries.　　If the construction of Dragon heavy industry in the future to promote and the domestic special large-scale steel enterprise strategic reorganization, it is obvious that will become the leader of Zhejiang business enterprises. In addition, the universal group, which moves in the fields of traditional resources (oil and non-ferrous metals) and new energy vehicles, is also worth looking forward to. After the auto industry revitalization adjustment plan announced, million to chairman Lu in this year's national "two sessions" during the public statement "the time to make a lot of money." And on different occasions, Rugen expressed the idea of the development of the curve overtaking. To the existing foundation and strength, once the force, sprint billion probability will be further increased.