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The bamboo Jane of Yuanxi
Editor|Yuanxi's bamboo Jane
She, a nurse by training, became the richest man in Shenzhen, and single-handedly earned more than 10 billion yuan a year from Apple.
Some even claimed:
"If her company goes out of business, nearly half of the world's phones will have to be scrapped."
She is Wu Chunyuan, chairman of AAC Technology Holdings Co., Ltd.
Before starting her own business, Wu Chunyuan was just an ordinary nurse in Changzhou, Jiangsu Province.
Today, she is a loyal supplier of international first-line mobile phone brands such as Huawei, Xiaomi, Apple, and Samsung.
However, it is such a benchmark in the industry, but no one has known for a long time.
It was not until 2006 that Wu Chunyuan appeared on the "Forbes China Rich List" and was discovered.
At this time, Wu Chunyuan was already worth more than 10 billion and became the richest man in Shenzhen.
So, since Wu Chunyuan started her business, why does no one know the existence of Wu Chunyuan, and what efforts she has made in the past 30 years?
Why can a nurse become the richest man?
How can a woman have such great skills?
What is the strength of her company?
The origin of AAC Technologies
However, the root of all this has to start with Wu Chunyuan's father-in-law Pan Zhonglai.
Pan Zhonglai is a technician in a local hardware and electrical appliance factory, during his work, he is very passionate about all kinds of machinery and equipment, especially obsessed with the construction of equipment, and has a shrewd brain, very good at finding all kinds of small business opportunities.
Soon, something called an electromagnetic signal caught his attention.
What is an electromagnetic signal?
In fact, it was the speaker contained in electronic toys, although it was very common, but at that time domestic technology could not be manufactured, and could only be imported from Japan.
Pan Zhonglai thought that Japan could do it, why can't we do it?
With the attitude of trying, Pan Zhonglai disassembled the signal, and at this time, he was surprised to find that the structure inside this signaler is actually not difficult, as long as there are funds, it is not impossible to develop.
At this time, Pan Zhonglai's enthusiasm was immediately stimulated, and he thought in his heart that he must develop our Chinese resonator.
Pan Zhonglai immediately told the boss about this idea, but the boss did not care, to put it bluntly, the boss did not want to invest funds, in case the money was lost, it would not be worth the loss.
Pan Zhonglai suddenly felt that he was not the same person as the boss, and his enthusiasm had nowhere to show.
So, he decided to resign with his boss and invest in research and development on his own.
When he went home and told his family about this, he did not expect to receive strong support from his son and daughter-in-law.
At the beginning of the business needs manpower, Pan Zhonglai's all funds have been invested in research and development, unable to find employees, Wu Chunyuan and her husband resigned and started a business with Pan Zhonglai.
With the support of his family, Pan Zhonglai soon developed an electromagnetic signaler.
After China has this technology, those foreign products quickly lose competitiveness.
Pan Zhonglai strictly controls the quality of products, there is no difference from imported products, and with preferential prices, Pan Zhonglai got a lot of orders at once.
And in just five years, Pan Zhonglai earned nearly 3 million yuan.
After earning the first pot of gold in his life, Pan Zhonglai and his family did not become complacent and stopped.
For the development of the company, Pan Zhonglai even gave up the company's first position to his daughter-in-law Wu Chunyuan.
Why did Pan Zhonglai make this decision?
Wu Chunyuan's ambition
After the company gained a foothold, Wu Chunyuan felt that she could not nest in the small place of her hometown, and he proposed to move the company to Shenzhen so that there was more room for development.
At the suggestion of Wu Chunyuan, the company moved to Shenzhen and officially changed its name to "AAC Technologies Co., Ltd."
After coming to Shenzhen, Wu Chunyuan observed that the products produced by the company could not keep up with the mainstream demand of the market.
As a result, they immediately turned their goals to the field of mobile phones, and focused on the development and production of mobile phone audio accessories.
After this incident, Pan Zhonglai felt more and more that his daughter-in-law was very business-minded, so Pan Zhonglai decided to hand over the company to Wu Chunyuan to manage, and he concentrated on research and development.
In this way, Wu Chunyuan ushered in her own era!
Just when Wu Chunyuan was about to show her strength, something went wrong.
In Shenzhen, a place full of business opportunities, there are not a few economically minded people, and the mobile phone accessories market has appeared in the red sea, and all people are "rolling".
Faced with this thorny problem, Wu Chunyuan repeatedly decided to start from the low end first, occupy the market and then gradually enter the high end.
It turned out that Pan Zhonglai really did not see the wrong person, and in the next two years, Wu Chunyuan won most of the domestic market share.
But soon, the company faced an unprecedented challenge.
With the continuous rise of domestic enterprises of the same type, Wu Chunyuan's share has also been divided by other companies.
To this end, Wu Chunyuan has also made a lot of efforts, but no matter what, it still has no effect, and the profit has never improved.
In order to find new opportunities, Wu Chunyuan looked at foreign markets with a keen eye.
Since the domestic quota is full, knock on the door of the international.
However, there is still a distance between imagination and reality.
Open international doors
After coming to the United States, Wu Chunyuan heard the most sentence: I'm sorry.
Even so, Wu Chunyuan still does not give up, she believes that her product has complete advantages, but lacks an opportunity.
With the determination to see death as home, Wu Chunyuan handed over countless business cards, and in order to get an order, Wu Chunyuan insisted on it for two whole years.
Wu Chunyuan's success is not without reason.
At that time, the big brother in the American mobile phone industry was not Apple, but Motorola.
In order to get orders from Motorola, Wu Chunyuan eats and lives near Motorola's company, as long as people are not annoyed, she will never quit.
Finally, Huang Tian paid off, and this opportunity was finally waited for by Wu Chunyuan.
When Wu Chunyuan received a call from Motorola, she couldn't believe her ears.
Why did the giants of this industry agree to cooperate with Wu Chunyuan?
Because the Japanese company that supplies Motorola is suddenly unwilling to supply it anymore, this opportunity also fell to Wu Chunyuan.
It can be seen from this incident that opportunities are always reserved for those who are prepared.
Although I got an order from Motorola, it is still unknown whether I can fulfill the requirements of others.
Motorola only gave Wu Chunyuan half a month, and if she couldn't get a satisfactory product, everything stopped.
In the following half a month, Wu Chunyuan did not sleep more than 4 hours a day, countless studies and tests, and finally handed in the answer sheet at the last moment.
However, the outcome will have to wait for the judgment of fate.
In the few days while waiting for the results, Wu Chunyuan lived like a year.
Fortunately, her product passed the verification of Motorola, and Wu Chunyuan finally put down her hanging heart.
It is this cooperation with Motorola that has allowed Wu Chunyuan to open up her international reputation and have also won many manufacturers to seek cooperation.
Subsequently, she founded AAC Technologies Co., Ltd. in the United States, and her company's business became internationally famous.
At this time, Wu Chunyuan has made a lot of money, but she has no pride, she knows that only with the most advanced technology firmly in her hands, she is not afraid of the impact of peers, no matter when, the quality of the product is her own business card.
Therefore, she also invested heavily in setting up research institutes in various places.
Wu Chunyuan's high requirements for quality have made many first-line international mobile phone brands find Wu Chunyuan's company to cooperate.
After that, Wu Chunyuan began to worry about another problem.
With the progress of the times, this kind of parts are updated very quickly, and research and development takes a long time, so Wu Chunyuan came up with a way: acquisition!
The object of Wu Chunyuan's acquisition is exactly the opposite of others, others are looking for large companies, while Wu Chunyuan is looking for small companies, but these small companies are not shell companies.
The company's product can be single, but it must be very refined in a certain field, and the purchase price of such a company will not be outrageously high.
I have to say that Wu Chunyuan is really a good hand in business, and Pan Zhonglai really did not look at the wrong person at the beginning.
In this way, Wu Chunyuan engaged in research and development, while acquiring technology, AAC Technologies soon expanded a lot of projects, in the constantly updated market, Wu Chunyuan can always stand at the forefront of the industry.
Later, under the matchmaking of Motorola, AAC entered Apple's sight.
In 2010, AAC officially became Apple's only designated supplier.
According to relevant information, AAC can earn up to 10 billion profits from Apple every year.
Among Apple's nearly 700 suppliers, AAC's profit ranks second, second only to TSMC.
With the release of the "Forbes Rich List", the low-key Wu Chunyuan once ascended to the position of the richest man in Shenzhen and became the focus of public attention.
In 2005, AAC was also successfully listed in Hong Kong, and Wu Chunyuan's value was also rising, until 2018, Wu Chunyuan's value has reached 42 billion yuan, becoming a proper rich woman.
In every Apple product, there are devices developed by AAC, so there are also netizens saying:
"If AAC goes out of business, nearly half of the world's mobile phones will have to be scrapped."
Wu Chunyuan has gone from a small nurse to the boss of hundreds of billions of enterprises, Wu Chunyuan is undoubtedly successful.
And Wu Chunyuan's success is also brought about by her courage to break the iron rice bowl, and her life can be called legendary!
Although we do not have the same experience as Wu Chunyuan, we must also learn from her perseverance on our own life path.
Always have hope in the face of adversity, and take great strides towards your own success despite hardships and dangers.