Her family is poor, from an early age, she needs to take care of her younger siblings and take on the responsibility of taking care of her family, even if her life is difficult, it still can't stop her from pursuing education.
She was admitted to college under extremely difficult circumstances, and graduated from college to become a corporate executive.
However, just when her career was in full swing, she resigned to start a business, with 30,000 yuan, went to Hong Kong to collect waste paper to start a business, and finally relied on waste paper reprocessing, becoming the richest woman in China, worth tens of billions.
This issue of Ziya Tong Fun Mingren Observation will take you to understand the story of Zhang Yin, the queen of papermaking.
Born in Shaoguan, Guangdong Province in 1957, Zhang Yin was once the father of a soldier who became a "prisoner of the order" because of the Cultural Revolution.
After her father went to prison, as the eldest in the family, Zhang Yin took on the responsibility of taking care of the family and taking care of her brother and sister, so Zhang Yin's adolescent life was extremely hard, and the eldest of the seven brothers and sisters in the family, Zhang Yin, had to struggle to support.
Although life is extremely hard, Zhang Yin still did not give up studying, perhaps because of her talent, or perhaps because of God's care, Zhang Yin was admitted to college in an extremely difficult environment.
<h1 class="pgc-h-arrow-right" data-track="65" > became a business executive after graduating from college</h1>
After graduating from university in 1982, he entered the factory and became an accountant.
Later, Zhang Yin's career path also developed smoothly, and soon became the finance minister and trade minister of a joint venture company, and became an executive in the company, but Zhang Yin, who had a smooth career, was not satisfied with the status quo, and she always wanted to start her own business.
Later, Zhang Yin went to Hong Kong on behalf of the company and came into contact with the waste paper acquisition industry, and she saw that waste paper was acquired and continuously transported to the mainland of China after packaging and processing.
After inquiring, she learned that these waste papers will be sent to the mainland to be used as papermaking raw materials, because the forest resources in the mainland are actually extremely scarce, especially the resources of the fast-growing forests used for papermaking are extremely scarce, so the mainland papermaking needs to import papermaking raw materials from Hong Kong.
<h1 class="pgc-h-arrow-right" data-track="67" > ready to go to Hong Kong to collect waste paper to start a business</h1>
Buying waste paper from Hong Kong and then transferring it to the mainland was a good business. Zhang Yin feels that this is a very good entrepreneurial opportunity.
So Zhang Yin resolutely resigned, and she was going to Hong Kong to do the business of waste paper acquisition. Everyone in the family opposed Zhang Yin's resignation, because she did not do a job of ease and dignity, but she wanted to go to Hong Kong to be a rags collector.
This is a place where the family can't figure it out, and they feel that Zhang Yin is walking a path that no way to understand. But Zhang Yin's idea has been decided, and she took the 30,000 yuan she has accumulated over the years to embark on the road to Hong Kong to start a business.
1985 is a day worth commemorating Zhang Yin, because in this year Zhang Yinli gave up the hard-won position of corporate executive and went to Hong Kong with 30,000 yuan to start a business.
Zhang Yin felt that she saw a perfect entrepreneurial opportunity, and the entrepreneurial opportunity was fleeting, so Zhang Yin hoped to seize the opportunity. But any opportunity is incomprehensible to those who can't see it, just like Zhang Yin's family.
Zhang Yin advised her family: "If I succeed, then the situation in our family will completely change, if I fail, it is a big deal to come back to work, how can I not die of hunger, if I waste this opportunity, I will complain about myself for the rest of my life." ”
At the beginning of entrepreneurship, it means that a person has to leave the comfort zone of life and live a difficult and difficult life, and the most painful thing at the beginning of entrepreneurship is the lack of confidence in the industry in which they are engaged.
Although Zhang Yin felt that she had seen a business opportunity at the beginning, she was still not very firm about this business opportunity, and if she was not too firm, she would always doubt her judgment.
But at this time, Zhang Yin met the noble person in her life, he was the owner of a paper mill, he looked at the problem more long-term and more accurate than Zhang Yin at that time, and she made Zhang Yin firm in the confidence of persevering in the waste paper acquisition industry.
When Zhang Yin first began to buy waste paper, the waste paper she bought was mixed with moisture, and even mixed with bricks and tiles, so at the beginning, Zhang Yin actually lost money.
In order to make her waste paper acquisition on the right track, Zhang Yin personally inspected all the waste paper sold by her at the beginning of the business, although this made Zhang Yin's waste paper acquisition on the right track, but it made Zhang Yin particularly hard, and in less than a month, Zhang Yin lost more than ten pounds of meat.
Zhang Yin's business has just been on the right track, but it was targeted by the land snake, when the monopoly of Hong Kong's waste paper acquisition industry "triad" targeted Zhang Yin, they sold waste paper acquisition manufacturers as much as 30% of the waste paper moisture, while under normal circumstances only 10%-15% of the moisture.
Many manufacturers are swallowing their anger, but Zhang Yin dares to say no when facing the "triad", Zhang Yin is not afraid of their threats and destruction, and strives to improve their papermaking process, so that the quality of papermaking has been greatly improved.
The quality of the paper made by Zhang Yin is improving day by day, the business is getting better day by day, Zhang Yin finally killed a blood road with her wisdom and courage, so that her business gradually expanded, and finally went to success.
It was also at this time that Zhang Yin met the most important person in her life, Liu Mingzhong, and later he became Zhang Yin's life partner, and since then Zhang Yin has found a powerful helper, Zhang Yin's business is getting better and better, and orders are coming because of the high quality of paper.
<h1 class="pgc-h-arrow-right" data-track="69" > ND Paper</h1>
After that, Zhang Yin's business became bigger and bigger, and many paper mills in Chinese mainland had a good cooperation, in 1996, Zhang Yin invested 110 million US dollars to establish Nine Dragons Paper in Dongguan, zhang Yin's career once again stepped onto a new level.
Zhang Yin's career is getting bigger and bigger, Zhang Yin has become a famous entrepreneur, the business has become bigger, Zhang Yin will certainly not forget to give back to the society, Zhang Yin is also actively doing charity, donating money and materials to help people in need.
It is precisely because she has the responsibility that an entrepreneur should have, so Zhang Yin has won a lot of honors, and those honors have come and gone, making Zhang Yin feel overwhelmed.
However, with the expansion of Zhang Yin's career, some criticism and slander also interfere with Zhang Yin's operation, from the "two gunners" to "sweatshop female bosses" and other slanders make Zhang Yin unbearable, but Zhang Yin still chooses persistence and strength in the face of others' incomprehension, and she is struggling to open up her own career.
After making the business bigger, Zhang Yin set her sights on overseas, she set her sights on the United States, where forestry is developed, hoping to import raw materials from the United States, so Zhang Yin established a Zhongnan Holding Company in the United States to purchase waste paper in the United States, using cheap transportation costs to transport waste paper back to China and process new paper.
In 2005, ND Paper's total production capacity reached 3.3 million tons, and its Chinese market share reached 17%, surpassing Chenming Enterprises and becoming the first paper manufacturer in China, the second in Asia and the eighth in the world.
<h1 class="pgc-h-arrow-right" data-track="71" > company listed</h1>
In March 2006, Zhang Yin's Nine Dragons Paper was successfully listed in Hong Kong, and her wealth doubled many times overnight, and in 2007, Zhang Yin relied on her sales performance and the market value of Nine Dragons Paper to climb the honor list of the richest woman.
Becoming the richest woman is of course a very happy thing for Zhang Yin, but with the arrival of the position of the richest woman, Zhang Yin also suffered more attacks, and Zhang Yin once shed tears.
Faced with the slander of others, Zhang Yin chose to speak with evidence, and Zhang Yin, after investigation and evidence collection, published her own investigation evidence in May 2008, and finally published all the details.
Zhang Yin invited the media to participate in the press conference, and finally through the evidence, Zhang Yin regained her own reputation, allowing Nine Dragons Paper to come out of the notoriety, regain good goodwill, and also enable her business to operate better.
In 2017, Zhang Yin ranked 5th among female entrepreneurs in Hurun with a wealth of 45 billion yuan, Zhang Yin was worth 35 billion yuan in 2019, Zhang Yin was worth 42 billion yuan in 2020, and in July 2021, Forbes China released the "2021 Forbes China Charity List", and Zhang Yin ranked 44th with a total cash donation of 105.1 million yuan.
The latest value is US$5.35 billion, or 34.67 billion yuan. Although Zhang Yin is no longer the richest woman, her value and influence are also particularly large.
Zhang Yin started from scratch in a humble industry and eventually landed on the rich list, worth more than 10 billion, relying on accurate vision and personal struggle.
What do you think Zhang Yin's success stems from? Everyone is welcome to leave a message and discuss in the comment area.
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