Hualijituan: meter industry boss stories – Holley, meters, Wang Licheng – Electrical Industry
Zhejiang Moutain a legendary entrepreneur, but early to disclose their "50-year-old retirement plan"; a famous domestic and foreign capital in the master, but also Zengzaoyuguo brought covering a wide stall crisis; "do business, we must firmly grasp the development and expansion of the law, would rather not have the money gradually, must not blind to enlarge." See more exciting information
A legendary Zhejiang input on private entrepreneurs, but early to disclose their "50-year-old retirement plan"; a famous domestic and foreign capital in the masters, but also Zengzaoyuguo stall shop too large to bring crisis; "do business, we must firmly grasp the development and expansion of the law, would rather not have the money gradually, must not blind to enlarge." Hualijituan Chairman of the Board Wang Licheng This perception points to many of Zhejiang's consensus.
1995, the thing I am most busy ribbon-cutting
Center in Hangzhou Mogan Mountain road, stood Holley completed building the last two years, and in this building 15-storey modern office building, the presence of a Hualijituan and its several sub-holding company, it always seems the spirit of abundant Wang Licheng office here.
Joined in 1977, Wang Licheng Holley, now 30 years have passed, it can be said 30 years is extremely rich experience. He had graduated from high school as technicians spent the first 10 years; Subsequently, in 1987, he stepped in as director, the face of other people's questions, he uses excellent management and market operation to prove his ability. Several years passed legislation to change the meter China Marketing Strategy out of the bottom meter of marketing, has become the industry's boss. "The first time, in the national industry meetings, Holley Metering really just a small company, basically, what the status is not exclusive and can only sit in the final surface. Now we are definitely in the industry has influence." Wang Licheng very pleased said.
On Holley's state-owned enterprises from a general rise for the meter industry leader in the occasion of infinite beauty, the industry also began to spread a "Do not put your eggs in one basket," point of view, was robust in much of China Group Holdings investment impulse naturally hold back any longer. However, in a good situation, China has established a wide range of road in one of its greatest crisis encountered, often with painful lessons Wang Licheng borrow Bill? Gates's words at the Trade Union Congress, said: "diversity is a well cultivated black hole, the Group was only one step away from bankruptcy. "
1995 years ago, the Chinese legislature invested at one go Auto Parts , Home Appliances , Catering, Food Satellite TV In 12 industries, holding shares of the company up to 23. "At the time, looks very prosperous, I remember that from 1990 to 1995 period, China established, in particular the management of our busiest what is it? Is a ribbon-cutting ceremony! Started this project today cut the ribbon cut the ribbon tomorrow to start that." "What they say to make money, what we have to vote. We have done even mineral water." just because a friend told Wang Licheng to find some information on mineral water can make money, then immediately imported production line, the result has suffered tens of millions.
Maner is the voice of money
Spreading itself too thinly hidden buried soon come. To the second half of 1995, Wang Licheng felt tight flow of funds, all money businesses spend all day staring at the headquarters. Hualijituan no longer the main industry support such a broad range of investment funds appeared nervous, banks began to press for debt payment. Wang Licheng After a painful decision, after reflection, "ton output capacity," he lost more than 200 million yuan to the cost of a sudden cut off except power meters and more than 10 enterprises outside the real estate industry, focusing on the meter, power automation, and real estate other three main business on. After two years, Holley's winning in the meter brand awareness and market share both the first and become the undisputed dominant meter industry, and finally ride out the crisis. About the circumstances, Wang Licheng is still a lingering fear: "I think the heart rate, over the ears to hear the voice of money, eyeful looked a loss report. Once a part of which problems on the cross of Holley. "
For the first time such a profound diversification failures, changed Other , Perhaps from this diversification strategy will be daunting, but admits, "like the challenge of difficult" Wang Licheng make a surprise move. Almost the same time in the just concluded consolidation, they started the second time the diversification of the road Holley. But this time, strict risk control has been accompanied by Wang Licheng, before investing, always doing good research.
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