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Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Zhang Ganglun and Wang Lixin, two sixth-grade cousins, may not have imagined that they would become the third generation of traders in the family business in the future. The cousin is at the helm, drawing up the blueprint for transformation, and the cousin is behind the scenes to contribute to the "military division", which is a tacit understanding between the cousins who used to climb up and drill under the construction site and suffer together!

Jiaxin Cement, a veteran cement factory in Taiwan, on June 19, 2013, the then 42-year-old Zhang Ganglun took over as chairman, officially completing the third generation of baton. In the office of the young marshal of Jia Ni, for many years, there have been hanging photos of his grandfather, Taiwan's "cement king" and Zhang Minyu, the founder of Jiaxin Cement, which means a deep sense of mission.

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation
Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

In the best and worst of times, cousins work together to transform

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Jiaxin Cement Chairman Zhang Ganglun (2nd from left), CEO Wang Lixin (2nd from right)

On June 22, Jia Ni held a shareholders' meeting.

Zhang Ganglun, the young marshal of Jia Ni and chairman of the board, pointed out that in the face of the impact of the new crown epidemic, this year will be the best era, but also the worst era, the future cash flow is relatively conservative, but will continue to develop the next step of the homestay market.

At the beginning of this year, Jiaxin Enterprise Group prepared for the new brand of Long-term Hotel HotelCollective, and opened for soft operation on January 6. What caught people off guard was that an epidemic struck, and it was facing a new challenge. Stepping into the tourism industry is one of the important paths for the transformation of Jia Ni.

In the face of changes in the cement industry environment and the rapid changes in the global economic situation, Zhang Ganglun, the third generation successor who dominates Jia Ni, is undergoing transformation. Zhang Ganglun once said that advancing with the times can be sustainable, and the success of the enterprise lies in the discovery of the blue ocean. Under his helm, the future jia ni will still be based on cement, and after cross-border travel, it will become the core axis of dual operation.

Jiaxin Cement, once the third largest cement plant in Taiwan, is also the first cement manufacturer to cross the two sides of the strait. However, today, Jia Ni no longer produces cement and is only engaged in cement-related distribution business on the island of Taiwan. Cement is the foundation of Jiaxin's establishment, And Zhang Ganglun also said that "Jia Ni will not withdraw from the cement industry", can not be released, just transformation.

At present, Jia Ni holds about 5.69% of the equity of Tai Ni, which is a strategic shareholding. On the other hand, Jia Ni is also promoting transformation, in addition to the cross-border travel and accommodation service industry, another major project is the project of the health care system. Wang Lixin, Zhang Ganglun's cousin and CEO of Jia Ni, also said that the demand for confinement in the mainland is strong, and the group has almost invested in the confinement club in the mainland to accelerate the expansion of the postpartum care business.

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Chairman of Tai Ni Zhang Anping

In 2019, the proportion of each business body of Jia Ni is roughly as follows: cement accounts for 54%, warehousing and logistics 29%, tourism and accommodation industry 3%, real estate 14%, that is, diversified layout.

Zhang Ganglun, the current chairman of Jia Ni, is the third generation of Jia Ni's successor, he was born in 1971, the United States Massachusetts Institute of Technology master's degree, has now had a son and a daughter. Zhang Ganglun was born in New York, the only son of Zhang Yongping, the former chairman of Jia Ni.

In November 2011, Zhang Yongping resigned as chairman and director of the board of directors in order to take into account the company's image and handed over the baton to his brother Zhang Anping.

Zhang Ganglun's grandfather, Zhang Minyu, the founder of Jiaxin Cement, whose ancestral home is Xiapu in Zhenhai, Ningbo, died in June 2008 at the age of 95. Zhang Minyu laid out major events early before his death, but the eldest son, Zhang Dongping, avoided the United States due to the debt crisis of Jiaxin Electronics ("Zhaoqi Industry") in 1983. The burden of inheritance was entrusted to the hands of his second son, Zhang Yongping.

In June 2007, the two major industry giants of Jia Ni and Tai Ni decided to exchange shares and merge with their Subsidiaries in Hong Kong, "Jia Ni China" and "Tai Ni International", but Zhang Yongping resigned after handing over the insurance due to the "internal transaction" in 2011, and was taken over by his third brother Zhang Anping.

In Taiwan's business circles, Zhang Anping is known as the "fire brigade leader". Considering that Jia Ni has transformed from a manufacturing entity to an asset manager, the family decided to let the third generation of the family, Zhang Ganglun, take over in advance. On November 19, 2013, at the shareholders' meeting of Jia Ni, Zhang Ganglun, the son of Zhang Yongping, was elected as the chairman, and his third uncle Zhang Anping was changed from chairman to vice chairman, officially completing the third generation of succession, which was also known as the "first year of Xinjia Ni".

In fact, Zhang Anping did this in order to get out of the situation of "burning at both ends of the candle". Zhang Anping is the son-in-law of Gu Zhenfu, the former chairman of the SEF, who is deeply trusted and relied upon by the Gu family, and his wife Gu Huairu is the chairman of The Yunlang Tourism Group, at that time, Zhang Anping was also the ceo of the Yunlang Tourism Group under the Gu family in addition to being the chairman of Jia Ni.

In 2017, Gu Zhenfu's son and chairman of the front desk mud group, Gu Chengyun, died unexpectedly, and his sister-in-law Zhang Anping was appointed in danger and once again became the "best rescue pitcher of the enterprise" and took over the chairman of Tai Ni so far.

Last year, Taiwan mud profits hit a new high, in the face of the impact of the epidemic, Zhang Anping said that caution against the "whip effect", uncertainties increased, the market is becoming more and more difficult to predict, he stressed that in 2020, Taiwan mud group enterprises will be more cautious and conservative, "to defend instead of attack".

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Zhang Ganglun (middle) and Wang Lixin (left) cousins

Zhang Ganglun's cousin Wang Lixin, who is now the CEO of Jia Ni, was once a sixth-grade classmate and a good partner in the tribulations.

In 2015, Jia Ni underwent a management reorganization, and Chairman Zhang Ganglun resigned from the concurrent position of general manager, which was taken over by Qi Shiju, general manager of Jiaxin Asset Management And Development. At the same time, his cousin Wang Lixin was also promoted from deputy general manager to executive vice president, and later to chief executive officer of Jia Ni.

Wang Lixin's husband is Ge Shizhong, the second in line with the three brothers of the well-known international catering group Hussemun. It is also because of this marriage relationship that Jia Ni has cooperated with Hussemun to develop a catering building.

After cooperating with The Reckon Tourism Group to invest in a hotel in Rome, Jia Ni purchased land in Okinawa, Japan to prepare for the sole construction of the hotel. Over the years, cousin Zhang Ganglun chose the travel industry as a major breakthrough in transformation, and cousin Wang Lixin was like a "military master" and offered advice and support. According to Jia Ni's estimates, the Okinawa International Hotel, which has been put into trial operation in Okinawa, Japan, this year, once successful, will greatly change the revenue structure of Jia Ni and is expected to become the main source of revenue of Jia Xin Enterprise Group in the future.

Zhang Ganglun and Wang Lixin's cousins, as soon as they graduated from school, were sent by their families to work in the mainland. At that time, Jiaxin Cement was preparing to build the first cement plant invested by the group in the mainland in Zhenjiang, Jiangsu Province. At that time, Zhang Ganglun was responsible for managing the progress of the project and finding mines. Cousin Wang Lixin is responsible for project coordination, insurance and financial supervision. At the construction site, the two climbed up and down the drill and suffered together for 10 years, which is one of the reasons why the cooperation between the two will be so tacit in the future.

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Chaos takes over the baton, the third generation of Jia Ni hopes to "be reborn from the fire"

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Zhang Ganglun and Wang Lixin's cousins took a group photo in front of a photo of Zhang Minyu, the founder of a generation

"You can't back down when things happen, the heavier the burden, the more you have to be able to hold on to your shoulders!" This is what Zhang Minyu, a generation of Taiwanese "cement kings" and founder of Jiaxin Cement, said.

Jia Ni, these more than 20 years of ups and downs, Zhang Ganglun was helped to the throne of Dong in advance 17 years ago, in fact, it is also a chaotic situation to take over the baton, more difficult big thing is the enterprise "strong man broke his wrist", how to "reborn from the fire".

As a third-generation member of the family, Zhang Ganglun first entered the board of directors of Jia Ni and was appointed as an executive director in 2003, and ten years later he officially took over the baton and became the third generation of the family business helmsman. As grandfather Zhang Minyu said, the heavier the burden, the more the shoulders must be able to stand up, succession is Zhang Ganglun's fate, but also the mission. To take the helm of Jia Ni, who is older than himself, and the industry competition is fierce, for this Jia Ni young marshal, it is really dangerous and dangerous, and the desire for transformation is good, but it is also full of thorns along the way.

In 1996, Jia Ni built the Jiaxin Jingyang Cement Factory in Zhenjiang, Jiangsu Province, which was the first Taiwanese enterprise in China's cement industry, and Zhang Ganglun, who had just graduated from college and was 25 years old at the time, was recalled from the United States by his father Zhang Dongping and sent directly to the Jiangsu factory to "squat".

After the official succession in 2013, in addition to leading the transformation of the enterprise, Zhang Ganglun also launched a drastic internal change of the enterprise, such as the reform of the personnel structure, such as the bold promotion of Wang Lixin, the sister of the cousin of the aunt, as the best help to promote the transformation of the enterprise. In addition, he also boldly launched a professional manager, Qi Shiju is a senior executive of Jia Ni and a professional manager.

The characteristics of the senior management team of the family business structure must be consistent with the corporate governance and strategic needs, match each other, and adapt to changes in the market and corporate strategic environment.

For a series of actions of his nephew, the third uncle Zhang Anping is also strong, he once said: "Jia Ni only has asset activation in the future. In fact, after taking over the chairman's scepter from the third uncle, Zhang Ganglun has turned real estate development and asset revitalization into the focus of corporate reform and diversified development, and accelerated his entry into the overseas real estate market.

Cousins and sisters suffer and have a tacit understanding, and the third generation of Jia Ni's successors work together to fight for transformation

Zhang Ganglun, chairman of Jiaxin Cement

Zhang Ganglun grew up in a rich and prosperous family environment, and he grew up abroad, but he was deeply influenced by traditional Chinese culture. He loves tai chi and especially martial arts novels.

He was born in New York and was sent to the United States to study in high school. During this time, he did not like to study, bought a heavy motorcycle to speed, and had a car accident. Later, in order to punish him, the family did not send him money, he had to go to New York to work, living in a dilapidated apartment without air conditioning, several people crowded together, and even spent the night in New York's Central Park, robbed twice.

However, after letting him go to adversity, he also developed his independent personality, and he found a job selling cement equipment in New York. In 1996, when Zhenjiang Jingyang Cement Factory was built, he was recalled by his family to China and in fact became the "pioneer" of Jia Ni's westward entry into the mainland.

Zhang Yongping, the father, later said proudly: "My son rolled up his sleeves, went to the countryside to work hard from the beginning of the Chinese mainland, and learned the most basic kung fu in the cement industry." ”

Fighting tiger brothers, father and son soldiers, Lukang Gu family, Jia Ni Zhang family, have spanned a hundred years, are rich for more than three generations, and are still thriving. Zhang Minyu, the founder of Jia Ni, is the same generation of "Ningbo Gang" figures with Dong Chee-hwa's father Dong Haoyun, in the process of inheritance, "brother company" and "father and son soldiers" have become the norm, and they all have a similar inheritance model, that is, the "no separation of families" model. In addition, there is a tradition of inheritance, that is, the inheritance system of the eldest son and the eldest grandson.

You may ask, the second generation of the Jia Ni Zhang family is Zhang Dongping, Zhang Ganglun's father Zhang Yongping is the second room, why is the third generation of the family leader not Zhang Dongping's vein? Here is a special reason, in 1983, when Zhang Dongping went to the United States for the second time to start a hard business, his wife Liu Lifen, his daughter Zhang Shimei, the eldest son Zhang Shibai and the younger son Zhang Shichang had all moved to the United States.

Whether a family has a strong core cohesion and whether it can continue to grow, the most critical place is to awaken the strong sense of responsibility and mission of family members. What makes a family business successful? To look at the successors of intergenerational inheritance, what does the successor look at? Compared with the elements of ability, governance system, innovation and networking, we must first look at whether the sense of mission is strong or not.

The inheritance of family businesses begins with the cultivation of a sense of mission, which is one of the internal factors that ensure the longevity of family businesses.

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