Her husband died young, and her widow, Chen Lilian, quickly took over the baton, how she came to be in the past 20 months.
Breaking the door for the first time, with Gou's Hon Hai joint venture new company, Chen Lilian, a legendary woman of the former Taiwan women's basketball team, rely on to "stabilize the heart of the army", and what does it rely on to make the 400 billion group step by step out of the predicament?
Gou only spent 7.9 billion, and the Iron Lady's Yulon Group was taken advantage of?
Terry Gou, founder of Hon Hai Group
After the death of Yan Kaitai, the former chairman of Yulon Group on December 3, 2018, his widow Chen Lilian quickly took over the baton, and 20 months have passed.
Husband died unexpectedly, a pair of children are still young, strong to endure grief, Chen Lilian and the mother-in-law Wu Shunwen at that time to carry the burden left by her husband, this year 56 years old, take out the young women's basketball captain "Iron Lady" courage, brave men broke their wrists, led the company to carry out a series of changes, how to open the door to cooperation for the first time, the introduction of Gou Taiming's Hon Hai joint venture new company, great morale, Yulon Group has stepped out of the predicament.
After Yan Kaitai's death, Chen Lilian, who quickly succeeded her, served as the chairman of Yulon Automobile, Yulon Nissan Automobile, Yulon Enterprise, Zhonghua Automobile, and Taiyuan Textile under the Yulon Group, and she spent more than half a year familiar with its major businesses.
Yulon Group's Huachuang Auto Power, the cumulative loss of up to tens of billions of New Taiwan dollars, this company is Yulon's platform for the development of electric vehicles, founded in 2005, in 2009 Huachuang Auto Electric independent research and development models were officially listed, has been exported to Vietnam, the Middle East and other places, is the first Taiwan automotive industry to go overseas independent brand.
In the face of the loss burden of Huachuang Auto Electric, Chen Lilian single-handedly implemented the integration of factory and office, streamlined personnel, and recently joined hands with Hon Hai to joint venture company. In terms of equity structure, Yulon valued more than NT$7.6 billion, accounting for 49% of the shares, and Hon Hai Group invested about NT$7.9 billion, accounting for 51% of the shares, and established a new company as a joint venture.
There are many rumors in the market that Hon Hai only spent 7.9 billion yuan to buy the research and development results of Huachuang Auto Electric in the past 10 years, and Yulon was taken advantage of. However, Yulon executives think that at least there is no need to help Huachuang Car And Electric to calculate losses again, in addition, "hon hai funds are like bringing 'chicken essence', so that everyone can cheer up." According to reports, "Fiat Chrysler Automobile", which huachuang Autoelectric mainly signed a cooperation agreement with Hon Hai Group, will be a customer of the new joint venture company.
Hon Hai also revealed that the cooperation was planned in previous years and came to fruition. Gou Once said to Yan Kaitailing that "I will do a good job and will not disappoint you!" ”
Signing ceremony of Yulon and Hon Hai joint venture company
On March 6 this year, the signing ceremony of the two major groups, Yulon and Hon Hai, was attended by Liu Yangwei, chairman of Hon Hai, who took over the baton from Gou, and Huang Qiulian, chief financial officer known as Hon Hai's "mother of money".
In early May this year, just two months after Yulon and Hon Hai announced the establishment of a joint venture to establish a new company, Nazhijie also launched a new product. Yulon Group subsidiary Huachuang Auto Power announced that it will purchase the technical assets of another mainland-invested subsidiary, "Dongfeng Yulon", LC platform model for NT$2.555 billion, which was used in Nazhijie car s3 and u5.
The S3 and U5 fuel models have been discontinued, and the purpose of buying the platform technology is obviously for the layout of new products in the future. Analysts believe that in the future, the launch of Nazjie S3 and U5 electric vehicles.
For Gou, new energy electric vehicles are the outlet, the establishment of a joint venture company, is the need for industrial ecological layout, for Yulon Chen Lilian, and Hon Hai joined forces to obtain Hon Hai's capital injection, to solve the liquidity pressure brought about by huachuang car power losses, but also through cooperation with Hon Hai, accelerate the transformation layout of the electric vehicle industry.
In fact, the S3 and U5 electric vehicles that Nazhijie will launch are technically many from Hon Hai.
Relying on the four old ministers, 400 billion iron ladies quickly took over
Chairman Chen Lilian presided over the Yulon Nissan shareholders' meeting
Yulon Group, a Taiwanese entity giant, has integrated four major businesses of automobile, textile, real estate and finance, 190 subsidiaries, and assets of at least NT$400 billion. Before her husband Yan Kaitai was born, Chen Lilian did not substantively participate in the daily management affairs of the enterprise, Yan Kaitai died of illness at the end of 2018, Chen Lilian's wife Chengfu Zhi, took over the career left by her husband, in fact, she was a "raw hand" in the management of the enterprise, and had no experience to talk about.
20 months have passed, and Chen Lilian, who quickly took over, quickly entered the state, and showed the "Iron Lady" style, and also handed over a good report card, which is precious! So how did she do it?
By the way, her mother-in-law and husband Yan Kaitai's mother, Wu Shunwen, was also the same life encounter as Chen Lilian, except that Wu Shunwen herself and her husband, Yan Qingling, the founder of Zhonghua Automobile, were all founders of the group, and the business was "husband and wife file", and the experience was naturally much richer.
In 1953, Yan Qingling and Wu Shunwen founded Yulon Automobile in Taipei, and in 1981, Yulon founder Yan Qingling died, and his wife Wu Shunwen, who was 68 years old at the time, was devastated, endured tears, and took over the family business. Yan Kaitai, the "father of Na Zhijie" who died of illness the year before, died at the age of 54, and his widow Chen Lilian and her mother-in-law Wu Shunwen faced the same situation, with a daughter and a son both young. The eldest daughter, Michelle, was born in 2005, and the only son, John, was born in 2015.
When Yan Kaitai was 40 years old, his daughter was born, and when he was 50 years old, his son was born. Chen Lilian has to raise her young son on the one hand, and she also has to take charge of the huge industry left by her husband, and the family and career are shouldered, and the pressure is not inferior to that of her mother-in-law Wu Shunwen.
In 1994, Chen Lilian was on the basketball court
In June, a wave of articles "Husband died and took over in danger, the former women's basketball captain, improper noblewoman into a strong female leader", explained some things about Chen Lilian's imminent succession, such as her husband's surname, and the title of "Yan Chen Lilian" within the enterprise, which is also a determination to stabilize the military's heart. Another example is her "quick knife slimming", shaking off the heavy financial burden on Yulon's body, looking forward to reproducing the glory of her husband Yan Kaitai's former "anti-defeat into victory".
Today, we may wish to talk deeply about Chen Lilian's personal style, the personality of a person at the helm, in fact, usually becomes the personality of the enterprise. The husband died, leaving the Big Stall of Yulon Group, but it was big and the old burden was also big, such as Nazhijie and Yulon City, which is a big investment of "difficult brothers and difficult brothers". Yan Chen Lilian dared to take out the fierceness of playing basketball "Little Pepper" when she was young, and quickly cut through the chaos, and raised a huge loss of 24.465 billion, which made people impressed.
Because of this, outsiders also used the word "Iron Lady" to give to Chen Lilian, the fourth helmsman of Yulon. Her mother-in-law Wu Shunwen, the second helmsman of Yulon, used to be an "Iron Lady", the first helmsman Yan Qingling died of cerebral nerve atrophy in March 1981, when the 68-year-old Wu Shunwen was a pair of orphans and widows, the only son Yan Kaitai was only 16 years old at the time, many people thought she could not afford it, persuaded her to sell the yulon family business.
"As long as I have a candlelight that can illuminate the darkness, there is hope!" Yulong in the hands of Wu Shunwen, once again to the glory, Wu Shunwen was once named "Taiwan's top ten entrepreneurs", she was still the richest woman in Taiwan.
Chen Lilian, 56 years old this year, graduated from the Department of Physical Education of The Chinese Culture University, was the captain of the "Taiyuan Women's Basketball Team" under the Yulon Group, and was selected for the "China Women's Basketball Team" for 8 consecutive years.
In 1989, Chen Lilian retired from the army, and after marrying Yan Kaitai, then Yulon's "young owner" in 1991, she still served as the leader of the "Yulon Men's Basketball" team and the "Taiyuan Women's Basketball Team", and she was once elected as the chairman of the "China Blue Association" (cba) and the first female chairman of the association.
Chen Lilian when she was the leader of the Yulon Group basketball team (middle)
As we explained before, Yan Kaitai and Chen Lilian, husband and wife, both have the same interest, that is, playing basketball, and also because of basketball. In 1989, Yulon and Taiwan's "domestic automobile" separated, then 24-year-old Yan Kaitai was ordered by his mother to return to Taiwan from overseas to take over, and married Chen Lilian in the same year.
After marriage, Chen Lilian naturally retired from the women's basketball team, but she still did not give up her love, and because of this, she will serve as the leader of the two basketball teams of the Yulon Group.
According to reports, a former "Chinese women's basketball" coach said that Chen Lilian "stepped on a steady pace, stopped the jump shot urgently, and every time she shot, she was never soft!" Looking back at Chen Lilian's 20-month succession and adjustment of the group's assets, Yulon Group first recognized the loss of the mainland joint venture company "Dongfeng Yulong" in the second quarter last year, and the loss of Taiwan Nazhijie and "Huachuang Auto Electric" totaled 4.3 billion yuan, with a loss of 1.19 billion yuan in a single quarter.
Chen Lilian's brave confession of loss of the "special medicine" is also effective! Improving the financial structure will not affect cash flow and normal operations, get rid of financial burdens, Yulon ended the loss for three consecutive quarters, ushering in the first quarter of this year' profit. In addition, Yulon Group's "Zhonghua Automobile" also achieved a turnaround in the first quarter of this year after relieving the pressure of sharing the group's losses.
It should be known that the "Iron Lady" Chen Lilian, who "swung a big knife", directly recognized that the loss of many assets such as Na Zhijie was the largest loss since the establishment of Yulon, and it was the first time to reduce capital, and its action shocked all walks of life.
Chen Lilian and the company's senior minister Lin Xinyi (left)
Many people wonder why Chen Lilian, who has never managed a company before, quickly entered the succession role in just 20 months, vigorously launched the layout and transformation of the enterprise, and set up a joint venture with Gou Taiming, in addition to taking out the strong personality on the basketball court that year, what are the external factors?
There is a clear answer, that is, to reuse the old minister.
Considering that the former chairman Yan Kaitai and his children are still young, the burden of Yulon Group is mrs. Chen Lilian. However, at that time, the outside world was not worried about the succession crisis of Yulon, or the "vacuum" of the helmsman.
Yan Kaitai was the afternoon of December 3 of the previous year came out of the news of illness, the next day, the yulon group's listed companies stock is still red, from the side to confirm the stability of the "post-Yan Kaitai era" operation, and this is due to Yan Kaitai's pre-life arrangement and a group of old ministers to support, Chen Lilian will smoothly take over and go deep into the daily operation and management of the enterprise.
When Yan Kaitai was at the helm before his death, in order to avoid the risk that the operation of the group was one person, he set up a "five-person team" in the general management office of the group, and its members, in addition to Yan Kaitai himself, included Lin Xinyi and Qi Weigong, the "three dynasty veteran ministers" who were responsible for the two major business groups of automobiles and textiles, in addition to Zhang Liang, an adviser responsible for supervising finances, and Chen Guorong, Yan Kaitai's right-hand man, "close minister", and former deputy executive director of Yulon Group.
Chen Guorong, chairman of Huachuang Automotive Electric
Lin Xinyi, who was the deputy head of the Administrative Department of Taiwan and later the general manager of "Zhonghua Automobile", has no need to say his seniority. Incidentally, Lin Xinyi can also be regarded as a "minister of orphans", and in 2007, he returned to the pot as a managing director at the invitation of Yan Kaitai's mother Wu Shunwen.
From the perspective of training successors, "help the horse, send a ride", Lin Xinyi is the master of Yan Kaitai, the third helmsman of Yulon Group. In this way, Yan Kaitai is gone, and the "master-apprentice relationship" between Lin Xinyi and his widow Chen Lilian also continues.
Qi Weigong is an old minister around Yan Kaitai, and the two have a friendship between teachers and students, he was once a tutor at Yan Kaitai Primary School, and they are also teachers and friends with each other.
Due to the loss of Huachuang Car And Electric, Chen Guorong resigned as the chairman of Huachuang Car Electric and Nazhijie, but the "Iron Lady" Chen Lilian also showed a warm side, comforting him to continue to stay as the chairman of Huachuang Car And Electric.
In short, relying on the "four old ministers", Chen Lilian can quickly control the situation and complete the responsibility of taking over the baton after the dying successor. Business management is nothing more than dealing with "people" and "things", and successful entrepreneurs are people who know how to "behave" and "do things".
The above is enough for us to see that Chen Lilian's wife Chengfu Zhi and successful succession lie in the fact that her husband Yan Kaitai has already made arrangements for her posthumous affairs, and it is even more that she is good at carefully managing interpersonal relationships, especially taking care of the old ministers and executives around Yan Kaitai. People are the most important element of the enterprise.
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