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Hebei Tangshan has stepped out of a rich man to build a leading auto parts enterprise, with a net worth of 4.6 billion

In Tangshan, Hebei Province, a rich man appeared, creating a leading enterprise with seven volumes of parts and components, with a net worth of 4.6 billion

Recommendation: In recent years, China's automobile industry has developed rapidly, and it is not difficult to find that many ordinary families have now realized car transportation. And with the continuous progress of science and technology, networking and intelligence have become the trend and trend of the development of the automobile industry, which has driven the market demand for auto parts.

In view of the long-term rapid development of the automotive industry, the future development of the auto parts sector is promising. The data shows that China's annual automobile passenger car market in 2021 was 26.275 million units, an increase of 3.8% year-on-year, and according to the forecast of the China Automobile Association, the total sales volume of Chinese automobiles in 2022 will be 27.5 million units.

Hebei Tangshan has stepped out of a rich man to build a leading auto parts enterprise, with a net worth of 4.6 billion

Under this background, the scale of the mainland auto parts market has increased from 3.46 trillion yuan in 2016 to 4.57 trillion yuan in 2020, with an average annual compound growth rate of 7.2%, and it is expected that the auto parts market size will reach 5.1 trillion yuan in 2022.

In this huge auto parts market, many excellent enterprises and entrepreneurs have naturally emerged in China. Today, Xiaobian will take you to know one of the leaders - Yuan Yongbin.

According to the latest "2021 Hengchang Yaofang Hurun Rich List" released by The Hurun Research Institute and liquor brand Hengchang Yaofang, Yuan Yongbin and Pan Hejia have become another legendary rich man in Tangshan, Hebei Province, with a wealth of 4.6 billion yuan.

Hebei Tangshan has stepped out of a rich man to build a leading auto parts enterprise, with a net worth of 4.6 billion

So, what is the origin of Yuan Yongbin?

Public information shows: Yuan Yongbin, 60 years old, a native of Tangshan, Hebei Province, with a doctorate degree, is currently the actual controller, chairman and general manager of Wuhu Bethel Automotive Safety System Co., Ltd. Because of its great contribution to society, it has won many honors such as the first "Outstanding Entrepreneurship Award" for Overseas Chinese Professionals and the Achievement Award for Chinese Auto Returnees.

Yuan Yongbin's large wealth is mainly derived from the company that single-handedly built the listing , Bethel, as of the close of trading on January 25, 2022, Beijing time, Bethel's total market value was 30.209 billion yuan.

It is understood that Wuhu Bethel Automotive Safety System Co., Ltd., which is helmed by Yuan Yongbin, was founded in 2004 and is a high-tech enterprise specializing in the research and development, manufacturing and sales of products related to automotive safety systems and advanced driver assistance systems, and one of the top 100 chinese parts and components enterprises.

Hebei Tangshan has stepped out of a rich man to build a leading auto parts enterprise, with a net worth of 4.6 billion

At present, the company has a number of core technologies in mechanical braking products such as brake assemblies, caliper assemblies, vacuum boosters, and electronic parking brake systems, brake anti-lock braking systems and other electronic control dynamic products.

From scratch, Yuan Yongbin's legendary life experience

Yuan Yongbin was born in September 1962 to an ordinary peasant family in Tangshan, Hebei Province. The great earthquake in 1976 made him feel the spirit of selfless assistance of the sons and daughters of China while experiencing the disaster.

In order to repay the motherland and repay the society, he began to study hard, and later graduated from the East China Institute of Engineering with a bachelor's degree in mechanical manufacturing.

After graduating from university in China, Yuan Yongbin deeply felt the lack of his own ability, so he decided to go to Tohoku University in Japan for further study, and then entered the United States to pursue a doctorate at Michigan Institute of Technology, during which he worked in a number of excellent automotive-related companies, accumulating rich industry experience and network resources.

Hebei Tangshan has stepped out of a rich man to build a leading auto parts enterprise, with a net worth of 4.6 billion

Until 2004, Yuan Yongbin, who had learned a whole skill, decided to return to China to start a business, and in the same year, he founded Bethel Automotive Safety System Co., Ltd., which opened the road to entrepreneurship.

Under the leadership of Yuan Yongbin, Bethel has always adhered to continuous research and development and innovation for more than a decade, and its main customers are GM, Geely, Changan, Chery and other vehicle manufacturers; since 2020, the company has also reached a cooperative relationship with Xiaopeng, Weilai and other new car-making forces, and most of the company's business has been in China so far.

According to the company's latest financial report data, Bethel achieved operating income of 2.328 billion yuan in the first three quarters of 2021, an increase of 15.0% year-on-year, and achieved a net profit attributable to the mother of 369 million yuan, an increase of 22.8% year-on-year, and the performance continued to improve.

Conclusion: After completing his studies abroad, he returned to China with technology to start a business, and now he has become a leader in the auto parts industry, Yuan Yongbin's life experience can be described as very inspiring.

I don't know if everyone is optimistic about the future development of Bethel?

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