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Wang Jun, the son of the former vice president of the People's Republic of China, founded CITIC with Rong Yiren and became the chairman of CITIC at the age of 54

author:Chen Yue's Historical Records

In the history of Chinese business, Wang Jun's name is undoubtedly a shining star. As the son of former Vice President Wang Zhen, he inherited the perseverance and wisdom of his father, and wrote a legendary career in CITIC Group with his extraordinary talent and leadership.

Wang Jun, the son of the former vice president of the People's Republic of China, founded CITIC with Rong Yiren and became the chairman of CITIC at the age of 54

Wang Jun's relationship with CITIC began in 1979. At that time, with the grand vision of attracting foreign investment and serving the domestic economy, Mr. Rong Yiren founded China International Trust and Investment Corporation, the predecessor of CITIC Group. Wang Jun was invited to join the CITIC start-up team and began a brilliant chapter in his career at CITIC Group.

Wang Jun studied at the Harbin Military Engineering Institute in his early years, and after graduation, he devoted himself to national defense construction, successively working as an engineer at Jiangnan Shipyard and Wuchang Shipyard. This experience not only exercised his technical and management skills, but also shaped his rigorous and pragmatic work style. After joining CITIC, he quickly adapted to the business environment, and with his deep engineering background and excellent organizational skills, he held key positions in the business department, laying a solid foundation for the company's growth.

With the continuous development and growth of CITIC Group, Wang Jun's responsibilities have also increased. In 1986, he was appointed Deputy General Manager of CITIC Corporation, where he was fully involved in the company's strategic planning and operational management. Under his leadership, CITIC Group has continued to expand its business scope and steadily improve its operating performance, gradually developing into a leading comprehensive enterprise group in China.

Wang Jun, the son of the former vice president of the People's Republic of China, founded CITIC with Rong Yiren and became the chairman of CITIC at the age of 54

In 1993, Wang Jun ushered in the highlight of his career. This year, he became chairman of CITIC Group, officially taking over the helm of this vast business empire. At that time, although CITIC Group's business was complex, its financial situation was not optimistic, its cash flow was tight, and it was facing huge operating pressure. However, with his extraordinary wisdom and courage, Wang Jun acted quickly to integrate the company's business, optimize the asset structure, and successfully revitalize the group's cash flow.

Under his leadership, CITIC Group has not only emerged from the predicament, but also achieved leapfrog development. He has a keen insight into market changes, accurately grasps development opportunities, and promotes CITIC Group to achieve remarkable results in various fields such as finance, industry, and real estate. At the same time, he focused on the construction of corporate culture and talent training, which laid a solid foundation for the sustainable development of CITIC Group.

It is worth mentioning that Wang Jun has always maintained a clear mind and forward-looking vision in business decisions. In 1996, he decisively sold part of CITIC Pacific's shares, and although this decision caused a lot of controversy and doubts at the time, it proved to be a very strategic decision. By selling its shares, CITIC Group not only gained valuable cash flow, but also made room for subsequent development.

During his career at CITIC Group, Wang Jun has won widespread praise and respect for his unwavering faith, outstanding talent and selfless dedication. He is not only an outstanding leader of CITIC Group, but also a role model and role model for the Chinese business community.

Looking back at Wang Jun's successful experience at CITIC Group, it is not difficult to find that his success is not accidental. With his perseverance, outstanding business skills and forward-looking vision, he has led CITIC Group through ups and downs and achieved leapfrog development from start-up to growth. His leadership style and innovative spirit have not only injected strong impetus into CITIC Group, but also provided valuable experience and inspiration for the development of China's business community.

Wang Jun, the son of the former vice president of the People's Republic of China, founded CITIC with Rong Yiren and became the chairman of CITIC at the age of 54

Wang Jun's story tells us that success does not happen overnight, it requires strong faith, outstanding talent and unremitting efforts. At the same time, we also need to have a forward-looking vision and innovative thinking in order to be invincible in the fierce market competition.

Although Wang Jun has left us, his spirit and career are still carried forward in CITIC Group and the Chinese business community. His success story is not only a personal glory, but also a legend in the history of China's business development. We will always remember Wang Jun's outstanding contributions to CITIC Group and China's business community, and his story will inspire more people to devote themselves to the tide of China's economic construction and make greater contributions to the prosperity and development of the country.

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