Jiangsu’s new richest man: 300 million a day, 30 years ago is a construction worker!


Click “game life” at the top of the picture → click “…” at the top right corner → click “set as star” and you won’t miss every good article! Source: Zhichang DJH on March 2, 2021, Hurun Research Institute released the “2021 global Hurun rich list”

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A couple named Chen Jianhua and fan Weihong, with a fortune of 260 billion yuan, ranked 36 in the world and became the latest richest man in Jiangsu Province

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The wealth of Chen Jianhua and his wife has exceeded the 188 billion yuan of Liu qiangdong and his milk tea sister

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They have killed more than 58 billion yuan of Zhang Jindong, the richest man in Jiangsu Province

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According to the “2020 Hurun rich list of China” released by Hurun Research Institute in 2020, Chen Jianhua and his wife are only 135 billion yuan

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After in-depth study, people are surprised to find that Chen Jianhua’s wealth growth rate is amazing

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Less than half a year after the two lists were published, Chen Jianhua’s wealth has soared by 125 billion yuan

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In order not to cause discomfort, Chen Jianhua earns 340 million yuan a day in a year

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As a matter of fact, the statistical deadline of “global Hurun rich list in 2021” is January 15, 2021, and that of “China Hurun rich list in 2020” is August 28, 2020, 140 days apart

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If calculated on this basis, Chen Jianhua’s wealth grows by 890 million every day, which is a super money printer! However, Chen Jianhua’s popularity is very low, and the general public does not know about him, which is related to his deliberately keeping a low profile

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The reason why Chen Jianhua avoided the media, rarely accepted interviews and deliberately kept a distance from the public is related to his unwillingness to make his fortune public

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So, what is the new richest man in Jiangsu? What are his behind the scenes stories? 1、 In March 1971, Chen Jianhua was born in Wujiang County, Suzhou City, Jiangsu Province

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It was a poor family in the countryside of Jiangnan, and Chen Jianhua had borne the burden of life since he was a child

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At the age of 13, most of the children were still in junior high school, but Chen had to drop out of school and go out to work to support his family

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Chen Jianhua is too young to have many suitable jobs

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He has to go to a construction site to be a construction worker

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High intensity of work, pressure on his young shoulders, did not let him back down

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One day three years later, a production accident seriously injured his foot

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For the first time in half a year living in the hospital, Chen Jianhua quietly thought about his job and future

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Had it not been for this sudden accident, there might not have been the richest man in Jiangsu in the future

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After leaving the hospital, Chen Jianhua found that the textile industry in Suzhou was gradually rising, and textile factories were springing up

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This gave birth to the silk business in the upper reaches of textile mills

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Some factories often went to Chen Jianhua’s hometown to buy silk

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Chen Jianhua took the money he had saved as a builder and started the business of purchasing farmers’ silk

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Chen Jianhua, a flexible, down-to-earth and hardworking farmer, can win the trust of the farmers

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The farmers are willing to give him silk first, and then pay for the goods when he receives the money

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This made Chen Jianhua’s business bigger and bigger

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In just a few years, he made millions of yuan and became a local tycoon

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In the process of cooperation with textile mills, Chen Jianhua not only made money, but also gained love

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Fan Hongwei, an accountant in a textile factory, is four years older than Chen Jianhua

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During the financial settlement, Chen Jianhua often deals with fan Hongwei

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They come and go, and they have a secret relationship

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It wasn’t long before they got married

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Fan Hongwei, a female accountant with an iron rice bowl, married a construction worker

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She had to admire fan Hongwei’s vision and courage

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Chen Jianhua has also found a powerful assistant in her career

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Not long after his marriage, the virtuous wife gave full play to her energy

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After long-term business of textile raw materials and accumulation of the first pot of gold, Chen Jianhua had the idea of starting a textile factory

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But it’s not easy to build a factory with huge investment? In 1994, a textile factory on the verge of bankruptcy came into Chen Jianhua’s sight

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Fan Hongwei, who has been working as an accountant, thinks this is a good opportunity

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So they bet all their money on it and raised debts everywhere

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They collected 3.69 million yuan and bought the factory

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This is the first gamble of the two couples

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Fortunately, they made the right bet

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Chen Jianhua renamed the factory Wujiang textile factory and became the general manager; fan Hongwei quit his job and became the financial director of Wujiang textile factory

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Under the careful management of the two people, Wujiang textile factory came back to life; the next year, the factory realized a profit of 10 million yuan

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At that time, it was the blowout of Suzhou textile industry

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Chen Jianhua seized this opportunity and quickly established himself in the industry

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But before long, the industry suffered the biggest crisis for the first time in history

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2、 In 1997, the Asian financial crisis broke out, and the textile industry in Suzhou was seriously impacted

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Many textile factories went bankrupt, and many bosses went bankrupt

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They sold factories and equipment in tears one after another

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Fan Hongwei has many years of financial experience, the cash flow of the factory has been maintained good

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Every crisis comes with opportunity in danger

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For Chen Jianhua, who has cash in hand, cheap assets are everywhere at this time

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The couple made a second gamble

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They bought a large number of closed factories and expanded their scale several times

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The financial crisis passed quickly, and the textile industry in Suzhou was booming again

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At this time, Chen Jianhua became the leader of the industry

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This time, the couple got it right again

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After years of immersion in the textile industry, Chen Jianhua is no longer satisfied with only doing textile

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With the emergence of new chemical fiber materials, the textile industry will also face major changes

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In 2002, Chen Jianhua invested 2.2 billion yuan to build a chemical fiber plant, further extending the industrial chain

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The next year, Chen Jianhua integrated his large and small industries, established Hengli Group, and officially opened the group operation

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Chen Jianhua has become a well-known entrepreneur in Suzhou and has to deal with local government departments

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In this process, he got to know the leaders of the main political party, and his fate will rise and fall

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In the next few years, Chen Jianhua carried out a series of expansion and mergers and acquisitions, mainly focusing on the textile industry and expanding upstream, developing petrochemical, new materials and real estate businesses

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After years of layout, in 2010, Chen Jianhua invested in Changxing Island refining and chemical project in Dalian

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He opened up the whole industrial chain from upstream petroleum refining to downstream chemical fiber weaving

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More importantly, under the leadership’s care, Chen Jianhua got the ticket to land in the capital market

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Since 2012, Hengli Chemical fiber, a subsidiary of Hengli Group, has been listed

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In 2013, Hengli Chemical fiber rushed to IPO, but at that time, the continuous profitability of chemical fiber enterprises was not strong, so it was difficult to pass the approval of CSRC

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After the collapse of A-share IPO, Chen Jianhua did not give up and chose the way of saving the country by curve backdoor listing

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In 2015, Dalian’s state-owned enterprise listed company, big rubber plastic, suffered losses for two consecutive years and fell into business difficulties

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In order to keep its position as a listed company, the company twice proposed restructuring plans, which were rejected by the local authorities

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In June 2015, Dalian SDIC announced that it would hold 30% of the shares of big rubber and plastic, and publicly solicit the transferee

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According to the transfer conditions, only Sinopec and Hengli Group met the requirements at that time; no accident, Hengli group got the shares of the listed company

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Subsequently, Dalian SDIC set up a subsidiary company to divest all assets, liabilities, business and personnel of big rubber plastic into the newly established subsidiary company.

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