Text: Yu Yi
In recent years, due to the rapid development of the economy, many enterprises cannot keep up with the pace of the times and have to be eliminated. At the end of 2021, Liang Weicheng, chairman of Hong Kong Aigao Group, also chose to commit suicide by jumping off a building due to the company's losses for many years. It was originally conceived that successful businessmen should have a rich material and desired life, but similar tragedies are not uncommon. At the beginning of 2021, Luo Lili, a nearly 34-year-old real estate magnate, fell from a building with her five-month-old daughter, and both mother and daughter died.
Luo Lili, the only daughter of Luo Lin, chairman of Chengdu Jinlin Real Estate, is a good friend of the diving queen Guo Jingjing and is a well-known entrepreneur. In 2013, tribeluga, a technology incubation center, was founded in South Korea, worth more than 10 billion. Luo Lili is well-known in the business and creative circles, has participated in many activities, and has a rich trajectory, including former US Secretary of State Hillary Clinton, British singer Rita Ora and former Hong Kong chief executive Leung Chun-ying and many other dynamic social platforms.
Unfortunately, Luo Lili, holding her five-month-old daughter, fell from a height at JunYifeng, He Wentian's mansion, and at the age of 34, she chose to jump off the building with her daughter, and the police suspected that she may have psychological and emotional problems at that time. It is reported that the main reason for Liang Weicheng's jump is that his business failure has led to despair, and the company's debt is born and die.
As the Chief Executive Officer of a Listed Company in Hong Kong, Leung Wai Shing has had brilliant achievements and has attracted much attention. However, on December 28 last year, the Aigao Group was suspended at 1:14 p.m., perhaps compared with the company's heyday, the current gap makes him nostalgic, coupled with the unfavorable business, resulting in a sense of loss and pressure.
Other sources confirmed that Liang Weicheng suffered from depression for many years or was the main cause of suicide. According to the explanation given by the company, Liang Weicheng, 61, wanted to visit the earliest birthplace of the company on the 28th, but sent a text message to his family on the same day, and then chose to jump off the building to commit suicide. Leung Wai Shing lived in Tai Po Kang Land and holds a Master's Degree in Electrical Engineering from Queen's University in Canada, founded by Leung Wai Shing's father, Leung Kin Man, who was first engaged in radio equipment manufacturing at the Ren Fook Industrial Building in Hong Kong.
In 1985, Liang Weicheng joined aigao group can be said to be the son inheriting the father's business, after polishing and training in aigao group, Liang Weicheng officially shouldered the overall operation of the group and the responsibility of future strategic planning. From 1986 to 1987, Liang Weicheng established two factories in Dongguan, one in Chang'an Town and one in Houjie Town. At that time, it also caused quite a stir, because it was the first company to set up a factory in the mainland to produce audio products.
At present, it mainly produces tablet computer audio and DVD, and has branches in mainland China and Taiwan, and was officially listed in Hong Kong in 1992. Of course, the output of the mainland is also very impressive, at that time it has reached an annual output of 3 million pieces, enjoying the dividend of the mainland population, in 1993, and built factories in the two places, and began to get involved in the field of communications in the company's business, such as mobile phone design and development.
By 2004, Aigao had reached its peak, with 46 production lines and more than 10,000 employees, and it was indeed a large-scale factory, because at that time, looking at the whole country, there were very few companies with more than 10,000 employees. One of the reasons why the Aigao Group continues to decline is that they have pressed the wrong treasure. In fact, in its heyday, Aigao mainly relied on the production and sales of DVDs, but with the upgrading of the market, many families no longer use DVDs, and this change soon made Aigao go downhill.
In 2013, Liang Weicheng decided to close his factory in Chang'an Town. From 2017 to 2020, the turnover of Aigao Group fell all the way, from 1.715 billion to 785 million. In just a few years, the decline has exceeded 50%. Although revenue increased in 2021, shareholders' profit decreased by HK$239 million. According to the financial report released in 2022, the company's revenue is only HK$400 million, but the profit attributable to the parent company is only HK$172 million. Therefore, it is not unreasonable to say that Aigao Group has lost money for four years, and in the period of good revenue, Aigao Group maintained an average annual turnover of more than HK$4 billion, and in 2009, its revenue was close to HK$6 billion.
However, due to the continuous changes in the market and the narrower and narrower road, the ultimate fate of Aigao Group is still difficult to change without choosing the right time to change. The company has gone downhill in just a few years, and the psychological pressure borne by chairman Liang Weicheng is difficult for outsiders to understand. According to Liang Weicheng's family, he has suffered from depression for many years, which should also be related to long-term corporate pressure, the company has been losing money for many years, the development is sluggish, and multiple pressures are on him, which also prompted him to choose to jump off a building and commit suicide at the age of 61.
In fact, in the face of these difficulties, Aigao is also actively seeking new development opportunities, and it is also working hard to transform. For example, after the contraction of the DVD market, we began to study tablet PCs in 2021, launched finished tablet pDs for sale in the second half of the following year, and developed home theater equipment and various audio-visual equipment in the next few years. Tablets, in particular, bring new vitality to Aigao as a whole.
Secondly, in order to become bigger and stronger on the laptop, Ligao Chuangke Company was specially established to officially enter the research and development of notebook computers, and later applied for the authorization of Sony, which also brought impetus to their development. Especially when the epidemic was raging in 2020, many people chose to work online through computers because they could not commute to work as before, which also helped Aigao Group open up the market for a while and made a lot of money.
However, due to the shortage of follow-up chips and accessories, the inventory of finished notebooks on the market has been repeatedly reduced, and many notebooks have been out of stock in the untimely supply. The Aigao Group is also deeply affected by it, which also leads them to choose a correct development path, but also encounter the obstacles of the times.
Obviously, the internet is developing faster and faster, many traditional industrial enterprises have also been strongly impacted, Liang Weicheng and Aigao is the epitome of the entire era, as the saying goes, a grain of sand of the times fell on a person's shoulders is a big mountain, Liang Weicheng's pressure is unimaginable to us, a generation of industrial entrepreneurs fell, it is really regrettable.