Xinchang County, under the administration of Shaoxing City, Zhejiang Province, is located in the east of Zhejiang Province, south of Shaoxing. Founded in 908 AD, the geomorphological feature is "eight mountains, half water and half fields", which is a typical mountainous county. Since the reform and opening up, Xinchang has achieved rapid expansion of the industry driven by factors, forming a traditional industrial system based on low-end textile machinery, refrigeration accessories, auto parts and chemicals and medicines. Nowadays, the city's internal driving force and external attraction are forming a new kinetic energy agglomeration, and it is precisely the advantageous projects that promote the transition of the traditional industrial system to a modern industrial system dominated by high-end equipment and life and health.
The business celebrity introduced to you today is from Xinchang, Zhejiang, a post-90s "second generation of enterprises", who became the actual controller and chairman of A-shares at the age of 28. He is Wu Jinhua, the actual controller and chairman of Paislin Digital Technology Co., Ltd. Many people know that Wu Jinhua is because of that luxurious wedding, Guo Guangchang and his wife were married, and Zhang Xinzhe sang; there are many reports on the Internet about this wedding. "The groom's official, Wu Jinhua, is a British returnee, tall and handsome; the bride, Shen Jiani, is beautiful as a flower. Eighteen palanquins, rows of luxury cars; traditional, Western-style, everything you can imagine, all in this wedding of the century. ”
Born in 1990, Wu Jinhua has a pattern of calmness, humility and openness that surpasses his peers. The organizing committee of the "2021 Digital New Zhejiang Entrepreneurs Annual Summit" pointed out in the award that Wu Jinhua believes in the power of digital and firmly injects vitality into the traditional manufacturing industry with a new attitude in the new era. Wu Jinhua led Wanfeng to take automation system integration as the entry point, seize the new opportunities of digital transformation, fill the domestic gap in key areas of the industrial chain, plug in the "wisdom wings" for the production line, and grow into a leader in the automation system integration industry, which is the inheritance sample of the second generation of Zhejiang businessmen. Xiaobian specially sorted out Wu Jinhua's information for everyone to refer to and learn from as a role model, and also hoped that he could continue to work hard to be a pioneer and model of the times, set a good example for the people, and make more contributions to society.
So, who is Wu Jinhua?
Wu Jinhua, born in 1990, Xinchang, Shaoxing, Zhejiang, master's degree candidate. He is currently the director and president of Wanfeng Jinyuan Holding Group Co., Ltd., the chairman of Zhejiang Wanfeng Science and Technology Development Co., Ltd., the chairman of Paslin Company, the actual controller, chairman, director and legal representative of Paislin Digital Technology Co., Ltd., and also serves as the deputy secretary of the Youth League Committee of Shanghai Pudong New Area, the vice president of Shanghai Enterprise Confederation, and the executive vice president of Shanghai Zhejiang Young Entrepreneurs Association.
Public information shows that Wu Jinhua entered the government department at the age of 23 after obtaining a master's degree in finance abroad;
Joined the family business at the age of 25, serving as the chairman of Wanfeng Technology Company, as a new generation of entrepreneurs, he also showed his ability, such as leading the completion of the company's shareholding system transformation, successfully introducing the national industrial investment fund, and laying the foundation for the sustainable development of the enterprise;
At the age of 26, Wanfeng Technology acquired the American welding robot application system service provider Paislin, invested in the construction of a robot industrial park, and grafted capital power, the cross-border merger and acquisition also became one of the top ten events in the world robot industry in 2016;
At the age of 27, he led the successful acquisition of Changchun Jingkai (Group) Co., Ltd., a listed company;
At the age of 28, Wu Jinhua increased his shareholding in the listed company through the methods permitted by law, directly held the shares of the listed company, and became the actual controller of the listed company Changchun Jingkai;
At the age of 31, Paislin Digital Technology Co., Ltd. completed the asset restructuring, realized the transformation to the robot automation industry, and won the 2021 Listed Company "Gold Quality" Outstanding Entrepreneur Award and "2021 Digital New Zhejiang Businessman", won the "Vitality Award" issued by the Shanghai Zhejiang Young Talents Federation and the Shanghai Zhejiang Young Entrepreneurs Association, and was elected as the executive vice chairman of the second committee of the Shanghai Zhejiang Young Talents Federation and the executive vice president of the second council of the Shanghai Zhejiang Young Entrepreneurs Association.
At the age of 28, he became the actual controller and chairman of the A-share market
Paisling Digital Technology Co., Ltd. was established in March 1993, mainly engaged in welding industrial robot system integration business. The company was formerly known as Changchun Economic and Technological Development Zone Development and Construction (Group) Co., Ltd.; in September 1999, it was on the main board of the Shanghai Stock Exchange, and its stock abbreviation: Changchun Jingkai, stock code: 600215; in June 2004, the company name was changed to Changchun Jingkai (Group) Co., Ltd. On April 19, 2017, Changchun Jingkaiyuan Controlling Shareholder Venture Capital Company signed a Share Transfer Agreement with Wanfeng Jinyuan, in which the venture capital company transferred 21.88% of its shares in the listed company to Wanfeng Jinyuan; in March 2018, the company's controlling shareholder was changed from Changchun Economic and Technological Development Zone Venture Capital Holdings Co., Ltd. to Wanfeng Jinyuan Holding Group Co., Ltd.
On April 11, 2018, Changchun jingkai announced the resolution of the 25th meeting of the eighth board of directors to deliberate and pass the "Proposal on the Election of the Chairman of the Company", and the board of directors elected Wu Jinhua as the new chairman of the company, and the term of office is consistent with the term of the company's eighth board of directors; Wu Jinhua is the son of Wu Liangding and Chen Ailian, the leaders of the "Wanfeng Family". Wu Jinhua can serve as the chairman of the listed company, family strength is a big factor, after all, Wu Liangding, Chen Ailian and his wife behind the listed companies can be more than one or two, just find a son Wu Jinhua to practice, it is also easy to do. This, in turn, is a way to develop successors.
Between July 13, 2018 and January 12, 2019, Wu Jinhua increased his shareholding in the listed company through the method permitted by law and directly held the shares of the listed company. Chen Ailian and Wu Jinhua had a mother-son relationship, and the actual controllers of the listed company were changed to Chen Ailian and Wu Jinhua. On July 25, 2018, the first meeting of the ninth board of directors of Changchun Jingkai (Group) Co., Ltd. announced that, in accordance with the "Proposal on the Election of the Chairman of the Ninth Board of Directors of the Company", the meeting elected Mr. Wu Jinhua as the chairman of the ninth board of directors of the company, and the term of office is consistent with the term of office of the current board of directors.
Changchun Economic Development Financial Report shows that in 2018, 2019 and 2020, the revenue was 589 million yuan, 187 million yuan and 169 million yuan, respectively; in the first half of 2021, the company's operating income was 137 million yuan, an increase of 223.24% year-on-year; the net profit attributable to the shareholders of the listed company was 59.0820 million yuan, a year-on-year increase of 224.40%; the basic earnings per share was 0.1270 yuan per share, an increase of 223.98% over the same period of the previous year. In September 2021, it completed the purchase of 100% of the equity of Wanfeng held by Zhejiang Wanfeng Science and Technology Development Co., Ltd., which indirectly holds 100% of the production and operation entities of the final target The Paslin Company and its subsidiaries through Wanfeng. On October 15, 2021, Changchun Jingkai disclosed that the company achieved total operating income of 1.1 billion yuan in the first three quarters of 2021, an increase of 0.7% year-on-year; achieved net profit attributable to the mother of 110 million, an increase of 22.5% year-on-year; earnings per share of 0.25 yuan.
On December 2, 2021, Changchun Jingkai (Group) Co., Ltd. was renamed as Paslin Digital Technology Co., Ltd., in addition, the abbreviation of the company's securities will be changed to "Paslin" from December 7. With the completion of the company name change, Changchun Economic Development will achieve an important transformation. The company will focus on the strategic direction of digitalization and intelligence, focus on the field of welding industrial robot system integration, and vigorously promote the landing of the domestic welding industrial robot system integration industry.
The actual controllers are seated in three listed companies
Guo Guangchang, the former richest man in Shanghai, once said: "Among Zhejiang businessmen, the male entrepreneur I admire most is Ma Yun, and the female entrepreneur is Chen Ailian, who is not only a successful entrepreneur, but also an attractive woman." There are many Zhejiang women who dare to be the first, Chen Ailian is one of the typical figures of Zhejiang female entrepreneur "her strength", and the special purpose aircraft DA-62 will make a stunning appearance at the Zhuhai Airshow, showing the "Lingyun Ambition" of modern Zhejiang women. In the early years, Chen Ailian was a tractor driver, but now she has become a female entrepreneur worth hundreds of billions, and some people even call her the female version of Ma Yun.
The listed companies behind Wu Liangding and Chen Ailian, in addition to Changchun Jingkai, there are also Wanfeng Aowei and Rifa Seiki (harmonic I love you), these two companies were listed on the Shenzhen Small and Medium-sized Board in 2006 and 2010 respectively, and their three sons Wu Jie, Chen Bin and Wu Jinhua served as the chairman of the three listed companies controlled by Wanfeng Group. In 2010, as the helmsman of the 100 billion business empire, Chen Ailian knew the importance of talent, so she did not hesitate to spend a huge amount of money to buy hundreds of BMW cars, and transferred them to the company's backbone employees, which not only made the company's employees feel flattered, but also the bosses of their peers also gave a thumbs up for their boldness.
Chen Ailian, born in January 1958, from Xinchang County, Zhejiang Province, is a master's degree student and senior economist. He is currently the chairman of Zhejiang Wanfeng Aowei Steam Wheel Co., Ltd., the chairman of the board of directors of Wanfeng Aote Holding Group, and the chairman of Wanfeng Jinyuan Holding Group Co., Ltd. He has won the titles of National Outstanding Entrepreneur, National "March 8th" Red Flag Bearer, Fengyun Zhejiang Businessmen, China's Most Influential "Business Female Diamond Mulan", Hurun Rich List Most Respected Entrepreneur and so on. On October 27, 2021, Chen Ailian and Wu Liangding ranked 402nd in the "2021 Hurun Rich List" with a wealth of 17 billion yuan.
Chen Ailian is a very legendary figure and a very inspirational woman, and her success stems from her indomitable spirit and extraordinary courage. Chen Ailian once said that the first stage of her personal life was to do it for the responsibility of the family. Later, because of his heartache, his husband Wu Liangding, who was 12 years older than himself, had to "go out of the house halfway" and participate in entrepreneurship. In the early years, she worked in logistics, and also worked in the workshop of Wanfeng Aluminum, and later in the Wanfeng Bus and Wheel Company; later, she became a female leader, innovating on the one hand, mergers and acquisitions on the other, making Wanfeng a leader in multiple industry segments, and becoming a beautiful scenery of "her power" in the Zhejiang business community.
According to public information, Chen Ailian was born in an ordinary family in Zhejiang Province, her father was once a volunteer soldier on the mainland, and after retiring from the army, she went to work in the Ministry of People's Armed Forces, and her mother was a female cadre of the commune. In addition to Chen Ailian, there are four daughters in the family, who are called five golden flowers by their parents. But Chen Ailian did not grow into a gentle and elegant girl like her parents expected.
In 1975, after graduating from high school, he was selected as the commander of the militia company of the commune for his outstanding performance;
In 1977, he was appointed as a clerk in the Overseas Chinese Affairs Office of Xinchang County;
In 1983, chen Ailian, who was 25 years old at the time, got married, and her husband Wu Liangding was the director of Xinchang New Textile Equipment General Factory at that time;
In 1986, he was appointed as the logistics director and manufacturing director of Xinchang Textile Equipment General Factory;
In 1992, Xinchang New Textile Equipment General Factory was reorganized into "Zhongbao Industry", which is the predecessor of Wanfeng Group this year;
In 1994, with hundreds of thousands of yuan brought by the bank and the products tried out by technical personnel, Wanfeng Aote Co., Ltd. was registered, and the product operation was mainly based on aluminum alloy vehicle accessories, and he served as the chairman of the board of directors and party secretary of Zhejiang Wantong Zhongbao Aluminum Wheel Co., Ltd.;
In the ten years since 1996, it has acquired twelve enterprises, realizing the expansion of enterprises and the diversification of industries;
In 2000, he served as the chairman of the board of directors and party secretary of Wanfeng Aote Holding Group;
In 2001, Wanfeng Aote annexed Shandong Durui Wheel Co., Ltd., and cooperated with DPCA Fukang, SAIC Chery and other large factories to lay a new ground in the northeast and north China markets.
In 2003, the sales exceeded 500 million;
In 2006, Wanfeng Group successfully landed on the main board of the Shenzhen Stock Exchange, becoming the first listed enterprise in the aluminum wheel industry in China.
In 2013, with a capital of up to 1.53 billion yuan, it acquired the internationally renowned aluminum alloy production leader - Canada Magnesium Retin Limited Holding Company, and eventually became an aluminum wheel manufacturing enterprise all over the world;
Since 2015, Wanfeng has cut into the trillion-level industry of general aviation, through cross-border mergers and acquisitions, established a whole industry chain platform with aircraft manufacturing as the core, covering airport construction, general aviation operation, aviation school training, air support, and flight clubs, and produced the world's top three "Diamond" series light sports aircraft with Wanfeng's independent intellectual property rights, becoming a "unicorn" in the field of domestic general aviation.
In 2016, Wanfeng spent $302 million to acquire Paslin, a U.S. welding robot application system service provider, becoming the largest cross-border merger and acquisition of domestic robot companies so far;
In 2018, he was selected as an outstanding builder of socialism with Chinese characteristics in the new era of non-public economic figures in Zhejiang Province;
In 2020, Chen Ailian and Wu Liangding ranked 286th in the 2020 Hurun Rich List with a wealth of 18.5 billion yuan.
Reference:
1. "Wanfeng Jinyuan Wu Jinhua was awarded the "2021 Digital New Zhejiang Businessman""
2. "Wanfeng Technology Wu Jinhua: Through the cycle, to be a century-old store"
3. "DA-62 aircraft made a stunning appearance at the Zhuhai Air Show, seeing the "Lingyun Ambition" of Shaoxing Xinchang Strong Woman"
4. "Background information on the history of the fortunes of Wu Liangding and Chen Ailian, the richest man in Xinchang, revealing how many dignitaries and nobles stood behind the luxurious wedding of their son Wu Jinhuafu of the second generation"
5. "Chen Ailian: Tractor girl in the 70s, now hundreds of billionaires, buying hundreds of BMW to send employees"
6. "Chen Ailian: From the Girl Who Drove the Tractor to the Helmsman of the Hundred Billion Empire Today"
epilogue:
As one of the great achievements of reform and opening up, the private economy is an indispensable force for promoting social and economic development. Over the past 40 years of reform and opening up, Zhejiang has given birth to a large number of outstanding private entrepreneurs. They dared to be the first, conformed to the development of the times, and wrote a strong and colorful stroke in the magnificent historical picture.
Nowadays, the "second generation of enterprises" of Zhejiang businessmen has risen rapidly, and on the basis of inheriting the wealth accumulation and entrepreneurial spirit of their parents, they have opened up a business road that is very different from their parents with unique perspectives and concepts, and continue to develop in the surging tide of entrepreneurship. The wealth story of the Wu Jinhua family may bring some inspiration to those who are struggling hard. I hope that the majority of entrepreneurs can also understand from the story of this big guy, so that their careers can be improved and reach a higher level.