Zhang Jindong, Suning CEO: five-year re 1000 multi-millionaire – Zhang Jindong,

Have money we made, is the business of Suning Zhang Jindong, chairman of the road. Zhang Jindong appears in, and entrepreneurial team, "only through thick and thin, not with the rich" and entrepreneurs, there is no long-term development vision.

2006 is full of consumer-electronics retailers Gome, Yongle and Best Buy's voice. End, Suning has finally announced a loud voice on the "unity is strength" of the exciting news

Have money we made, is Suning Zhang Jindong, chairman of the business of the road. Zhang Jindong appears in, and entrepreneurial team, "only through thick and thin, not with the rich" and entrepreneurs, there is no long-term development vision.

Recently, in "2006CCTV China Annual characters" in "Beijing Night" scene, Zhang Jindong, China's home appliance retail industry as the only nominated candidate participants. Jury expressed its reasons for the nomination: the Chinese home appliance retail counterparts, second only to China Su Ning-scale U.S., but compared to GOME, Suning not so strong personal control behavior, as the Shanghai and Shenzhen exchanges currently holding the highest market value individuals more willing to work with Zhang Jindong, employees, investors, and the community to share the wealth.

In accordance with the 25th of this month Suning SME board in Shenzhen Stock Exchange closing price of 43.49 yuan terms, Suning market reached 31.346 billion yuan, Zhang Jindong, the market value of the individual has reached hundreds of billion shares.

Since 1990, 27, Ninghai on the road in Nanjing Zhang Jindong, rented a small area of less than 200 square meters of facade started selling air conditioning, with a 14-year period, will be Zhang Jindong, Suning from a purely private enterprise to build a public float of listed companies.

Suning Since its inception, and other electrical appliances at retailers, appliance manufacturers among the hard game: Over the years, Suning and Gome, Yongle, Dazhong, five-star appliance retailers in major cities such as Happy Valley enclosure, intensified the competition between the bloody battle; and between manufacturers and large home appliances supplier in the sale of interests into the tug of war, but also endless.

For now in 120 cities nationwide have more than 500 chain stores of Suning for Zhang Jindong my part to rely on supervision operations, it is absolutely impossible. How to Suning management team closely tied to a chain of interest, look for Zhang Jindong, the tight.

"Great delivery option" is Zhang Jindong, to win over and motivate the management team's good ideas, and rival Gome Huang Guangyu has held the majority stake in different preparations Zhang Jindong, Suning listing from the beginning, years of personal stake in the initiative ratio gradually diluted from 100% to the current less than 35% of the stock market capitalization, net worth now Suning several executives have been 100 million yuan.
Zhang Jindong
as the people of Nanjing, though tough tone, deep voice slightly hoarse, but the ancient capital of culture sediment is still being fully shown its full of wise words of refined style.

Zhang Jindong familiar with "poly people loose fiscal, financial scattered people together," This is China's old maxim: "When you make 10 million when it is your own, make more money when the time is belong to the community Suning is social, I just Zhang Jindong, managers and those responsible. I do in Japan to study some very successful large enterprises worldwide, the original founder of the family in fact the proportion of shares now have little or no longer longer be the majority shareholder. "

Allocated shares to Nanjing headquarters in addition to several executives, the Zhang Jindong also attracted by this stability Suning's management team around the office, according to the performance of Suning executives around the office, give them a certain percentage of Zhang Jindong branch shares as a reward. Zhang Jindong, this generosity on the Suning these executives had a sincere sense of belonging and ownership, making Suning many "professional managers" into "business manager", so Suning has never once occurred as the U.S. State level frequent flow phenomenon.

July 25 this year, the United States announced acquisition of Yongle country, the new company after the acquisition of the total number of stores to 800 immediately, the annual sales capacity of close to 80 billion yuan.

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