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Dare to say Cao Dewang, the disappearing Ma Yun, the silent Ren Zhengfei, China's economy ushered in a new inflection point?

author:The headmaster is in the room

Principal Wen

Today's hottest entrepreneurs are Cao Dewang and Ren Zhengfei. Both of them started with industry, Ren Zhengfei's 5G technology research and development led the world, and Cao Dewang monopolized 70% of the global automotive glass manufacturing industry.

Some netizens added: What about Ma Yun?

Dare to say Cao Dewang, the disappearing Ma Yun, the silent Ren Zhengfei, China's economy ushered in a new inflection point?

Ma Yun's speech on the Financial Bund last year disappeared from the public and the media due to "gaffes". Ma's most recent appearance was photographed by foreign media on a vacation in Spain. Up to now, 14 months have passed, and Ma Yun has not given a speech so far, which is a world away from the previous rush.

If the dare to say Cao Dewang, the disappearing Ma Yun, and the silent Ren Zhengfei are put in the same framework, the three represent three different areas of China's economic development, Cao Dewang represents the physical manufacturing industry, Ren Zhengfei represents the cutting-edge technology industry, and Ma Yun represents the Internet industry.

All three grew rapidly with the help of the "outlet" of the 1990s. In this period, the preconceived notions were actually manufacturing.

With the opening of the door of reform and opening up, foreign capital began to pour into "Made in China", and a number of internationally competitive large enterprises such as Fuyao Group emerged in China. This was followed by the rapid rise of Internet companies such as Baidu, Alibaba, and Tencent.

Nowadays, the physical manufacturing industry and the Internet industry are almost among the international advanced, and the future advantages will no longer be obvious. And "thick accumulation and thin hair", the cutting-edge technology industry represented by Huawei can be regarded as the official rise.

The difference between the three is that Cao Dewang and Ren Zhengfei adhere to the essence and deeply cultivate the professional field. However, Ma Yun used Ali as a platform to begin to broaden the owners to various industries such as finance, e-commerce, takeaway, and logistics, and build a comprehensive and unified "Ali platform".

Dare to say Cao Dewang, the disappearing Ma Yun, the silent Ren Zhengfei, China's economy ushered in a new inflection point?

The ups and downs of the three people actually represent that China's economy will usher in a new inflection point.

Ma

The Basel Accord advocates strengthening supervision and setting the limits of the risk range, and Ma Yun's "gaffe" is to say that "the Basel Accord is outdated". Therefore, from Ma Yun's point of view, it is not difficult to find that Ma Yun's words seem to reveal views that support the liberalization of the financial market, which may be related to the listing of Ant Financial at that time.

P2P operation and investment model I believe everyone knows better, that year, more than 2,000 P2P enterprises in the country, caused hundreds of billions of bad debts, and the rise of Ant Financial is the boom period of P2P.

Therefore, when Ma Yun invested in Ali small loans, almost no place dared to take over, and finally set a bottom line for Ali again before he dared to take over, which clearly required that all funds must come from Ali's own funds, and P2P is not allowed.

At the beginning of the registration of "Ali Small Loan", all 3 billion funds came from Ali's own funds, but Ant Financial played a "financial game" from it, using Huabei and borrowing to leverage through capital funds, and increasing the capital of 3 billion to 300 billion under the premise of not spending a penny. Ant Financial used bond instruments to circulate 3 billion funds more than 40 times in two years, adding 300 billion yuan of liquidity to the original funds.

Dare to say Cao Dewang, the disappearing Ma Yun, the silent Ren Zhengfei, China's economy ushered in a new inflection point?

That is to say, in the "financial game", once 1% of the funds have problems, it will form a large systemic risk, after all, Ali's own funds are only 3 billion.

Fortunately, the regulatory authorities later found that it was timely to let Ant Financial re-replenish 27 billion funds to alleviate leverage. Although Ant Financial will reduce the leverage from 100 times to 10 times, Ali will not play the "financial game" again in the future, and it is estimated that no one can say for sure.

Cao Dewang

Although Cao Dewang is a veteran entrepreneur, in recent years, he has been out of the circle on the Internet because of "dare to say". For example, Cao Dewang's speech at the Annual Conference on The Development of Chinese Entrepreneurs a few days ago once again resonated with the majority of netizens.

The sentence comes from the heart: "Xu Jiayin used 3 billion of his own capital to create 2 trillion yuan of debt", "My business must give it to my son, bankruptcy also requires bankruptcy of my family", "I am a very smart person, few people can compare with me"...

As he said in a column, the Internet industry represents only the stock problem, "selling or not selling", and the physical manufacturing industry belongs to the real "increment".

Nowadays, many young and talented people have entered emerging industries such as the Internet, resulting in the beginning of the hollow phenomenon in the real economy.

Dare to say Cao Dewang, the disappearing Ma Yun, the silent Ren Zhengfei, China's economy ushered in a new inflection point?

Ren

Wang Shi, chairman of Vanke, once commented on Ren Zhengfei, "Rarely speaking in public, but his voice seems to be everywhere in the market."

"More words will be lost", just like Ma Yun, there were 9 sentences that were correct before, but because of the wrong last sentence, in the end it was all completely wrong. Ren Zhengfei simply remained silent and did not speak, and the number of interviews he gave was very small.

Before Ma Yun said that the "996" work model is a blessing, the word "blessing" is obviously biased, reflecting Ma Yun's capitalist nature.

Ren Zhengfei estimated that the company implemented the wolf culture, but he never evaluated the wolf culture, in fact, this is the embodiment of values, those who agree can come, and those who do not agree can go.

Dare to say Cao Dewang, the disappearing Ma Yun, the silent Ren Zhengfei, China's economy ushered in a new inflection point?

Ali's industry is more based on the service industry, and sales are the main channels. Huawei, as a leader in the field of cutting-edge technology, is the "increment" of future economic development.

Americans are not afraid of Ali, and Ali's technology is almost all available in the United States, even more advanced. But Americans will be afraid of Huawei, because Huawei's technology they have not yet owned, if the country has more companies like Huawei, it is likely to change the world's technology and even economic pattern.

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