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Chinese Family Business Succession Summit, inheriting the excellent Chinese culture

author:Southern Metropolis Daily

On April 26th, Four Seasons Hotel Shenzhen ushered in a high-profile event - China Family Business Succession Summit and Qingling Club 2.0 Conference. The summit held the signing ceremony of the "Youth Plume Club" Youth Inheritance Public Welfare Charity Special Fund Project, which focuses on the inheritance of young people, inherits the excellent Chinese culture, and aims to support the growth of young people in an all-round way.

Chinese Family Business Succession Summit, inheriting the excellent Chinese culture

At the summit, Ms. Li Yiping, the founder of the Qingling Club and the executive chairman of the Shenzhen Hongyan Association, shared her original intention and hope for founding the Qingling Club. She believes that if a family business really wants to build a century-old business, it is not only about wealth, but also about inheriting family culture, values and entrepreneurial spirit. Because of this, it is very necessary to build a platform like the Qingling Club, because the cultivation of entrepreneurs' successors requires the attention of more social forces and the blessing of peers. She hopes that the Qingling Club can help family businesses make a smooth transition in inheritance and innovation, truly help them complete family relationship management, business succession and wealth management, and promote the sustainable development of China's economy and society.

Mr. Li Siwei, former Chairman and CEO of Forbes China, shared his unique insights on the succession of family businesses based on his rich experience. He emphasized that wealth is much more than just money, it also covers the wealth of the enterprise, the internal management of the enterprise, the family culture and the responsibility of the state. The inheritance of family wealth includes not only the transmission of money, but also the continuation of corporate management concepts, the inheritance of family culture and the inheritance of social responsibility. Therefore, the proper education and capacity development of the successor will contribute to the long-term development of the family business and ensure that the family culture and social responsibility are passed on.

Chinese Family Business Succession Summit, inheriting the excellent Chinese culture

Former Forbes China Chairman and CEO Li Siwei

In the theme sharing session, Mr. Steve Hoffman, the godfather of Silicon Valley venture capital and the founder and CEO of Founders Space, delivered a keynote speech on "Family Inheritance in the Era of Artificial Intelligence". He introduced artificial intelligence technologies with different functions, and these types of artificial intelligence have begun to be gradually tested in fields such as medicine, finance, and even politics, and he believes that in the near future, it will bring disruptive changes to human life. He emphasized that the application of artificial intelligence is not limited to the field of technology, it is changing every industry on the planet, and it can also provide a strong support for family inheritance and innovation.

Chinese Family Business Succession Summit, inheriting the excellent Chinese culture

硅谷创投教父、Founders Space创始人兼CEO 史蒂夫·霍夫曼

Mr. Li Junmin, an expert in family inheritance and wealth management in Hong Kong, shared the theme of "The Inheritance Layout of the World's Top Families". Combining his years of practical experience in serving the old money families in Europe and Hong Kong, he has distilled the three key elements of a successful succession. The first is "harmony", that is, family members should understand and respect each other's differences and help each other; the second is "tradition", which refers to the need for fine family traditions and habits to ensure the unity of values among family members if they want to become a family that has been inherited for a hundred years; and finally "learning", which creates an atmosphere of learning in the family, learning first, and having the courage to take responsibility, so that every family member can develop the habit of lifelong learning.

Chinese Family Business Succession Summit, inheriting the excellent Chinese culture

Hong Kong family inheritance and wealth management expert Li Junmin

Professor Cheng Liangyue, a well-known Chinese inheritance management expert and founder of the Lebo Academy, shared the topic of "The Triple Soul Torture of Chinese Enterprise Succession". He believes that to complete the 100-year legacy of a family business, there are three key elements that need to be in place. First of all, it is necessary to build a rich family foundation, which includes intangible assets such as intellectual capital and family capital in addition to physical assets. Secondly, we should pay attention to the cultivation and advance planning of the prospective successor, and we must leave the real "seed money" of the family. Finally, inheritance is a high-level need, a high-level need for self-realization like going to Maslow's attic for tea. In addition to a CEO who is focused on the business of the business, a family business needs a chief emotional officer who is responsible for running family relationships and finding a strategic fit between the family and the business.

Chinese Family Business Succession Summit, inheriting the excellent Chinese culture

Professor Cheng Liangyue, a well-known Chinese inheritance management expert and founder of the Lok Bo Workshop

The release of Qingling Club 2.0 is undoubtedly a highlight of the summit. The new version of the Qingling Club inherits the advantages of the original Shenzhen Hongyan Club platform, and has launched the exclusive "Family Chief Emotional Officer Course (Certification)" and the "Old Money Wealth Management Course" with many rights and interests such as Forbes China Certificate, as well as a related one-to-one customized service system around family succession. In the future, it will provide more accurate and efficient support in helping the modern governance of family enterprises, wealth inheritance, the growth of second-generation successors, and the emotional management of family members.

Written by: Nandu reporter Xu Xiaolei intern Luo Yanqing

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