1 thought on “From apprenticeship to the king of papermaking”

  1. From the apprenticeship to the king of papermaking
    The apprenticeship
    Zhu Yuguo participated in the work. At first, he was only engaged in the apprenticeship of the motor and transformer. At that time, the salary was 18.5 yuan/month.
    In 1982, Zhu Yuguo established his own portal to engage in electrical maintenance. At the end of the 1980s, Shandong became the development of the Chinese paper industry. In the process of repairing paper factories, the ears were dazed, coupled with the attention of the entire industry and the judgment of the entire economic situation. There is a rapid development stage.
    In borrowed loans, etc. After raising hundreds of thousands of yuan, Zhu Yuguo founded the predecessor of Shandong Changxing Group in 1986 -the Nagashan Nonferrous Metal Casting Plant.
    In Zhu Yuguo's observation, the vacuum roller is very critical in the papermaking equipment, but at that time, there were few companies in China that could produce vacuum rollers. After research, Zhu Yuguo has mastered the technology of producing vacuum rollers, and downstream customers are the leading enterprises of papermaking equipment in my country. Later, Xi'an Veamed Paper Machinery Co., Ltd., two famous paper -making machinery companies in the country, two papermaking machinery companies in Shanghai, and a papermaking machinery company in Liaoyang have successively used the vacuum roller produced by Changxing. With the maturity and quality of technology, the vacuum roller can already replace the equipment imported from abroad and export a large number of foreign countries. Shandong Changxing Group has also become the largest manufacturer of vacuum rollers.
    The wealth of listing
    It 1999 to the papermaking industry downstream of the industrial chain, making the decorative paper in the artificial board. At present, Changxing is also produced in cultural paper such as decorative plates and electrostatic copy paper.
    Is after having an advantage in the core component of papermaking machinery, Zhu Yuguo planned to penetrate downstream industrial chains. At that time, many people produced packaging paper and cultural paper. Poted to the decorative paper and further set up Guanghua Board Co., Ltd.. Later, the "Kangmu" culture paper became another hand of Zhu Yuguo. On April 26, 2006, Xinhua Pharmaceutical and Changxing Group signed a contract in Zou Ping, Xinhua Changxing Chemical Equipment Co., Ltd. was established.
    On October 2, 2007, the controlling stars' paper industry was successfully listed on the Hong Kong Joint Exchange, issuing a total of 300 million shares, 857 times the public offer, and the total amount of freezing funds exceeded 130 billion yuan. 60 %, a maximum increase of 90 %, ranked 4th in the first half of Hong Kong in the second half of 2007.
    Printer information shows that when the stars were listed in Hong Kong, Li Jiacheng's Yangtze River Industry, Zheng Yutong's Zhou Dafu, and Guo Henian's Kerry Holdings were strategic investors.
    In the calculation of the Forbes Chinese Rich List and the Hurun Rich List, Zhu Yuguo's net worth is 5.71 billion yuan.
    Sugs from apprentices to production of papermaking equipment, to the production of decorative paper and building board, Zhu Yuguo's previous "turning" was quite successful and brought him billions of net worth. And this time, from the paper to the wind power, the planned investment amount is as high as 5.5 billion. The "turn" range of Zhu Yuguo is far more than before. Can he succeed?
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