Jiangzhen's career
Later, an Australian engineer of the company set up an airplane parts factory by himself, and asked Jiang Zhen to be the factory director. But the factory closed down after only half a year. At this time, Jiang Town saved 200 yuan by scrimping and saving. He gave everything he had, bought a machine tool with his friend Tan Xiong, and opened a small machine factory in a village in Kowloon, named Zhenxiong. The factory was established to repair faucets for people, but the business volume is too small to maintain.
Jiang Zhen and others have also researched and produced plastic blow molding machines and two-color blow molding machines, but the business is still not improving, and Tan Xiong has also withdrawn his shares to find another way to make a living. The hard environment can't resist Jiangzhen. He is used to snacks and firmly believes that he will come to Thailand one day as long as he works hard.
He eats and lives in the factory every day and devotes himself to the research of injection molding machine. But after four or five years, the research still failed. Jiangzhen seems to have reached the end of its tether. But God won't close one door, he will open another. Just then, a businessman from Wang Xing came to place an order.
Jiang Zhen admitted to Mr. Wang that he was not sure. Unexpectedly, Mr. Wang was deeply moved by Jiang Zhen's frankness and honesty. He not only paid the deposit, but also made some useful suggestions to him, and claimed that if the development was unsuccessful, he would not ask Jiang to cancel his subscription.
Encouraged by Jiang, I was very angry. He studied the injection molding machine day and night, and finally developed the first 10-inch screw injection molding machine in Hong Kong three months later, and won the "Latest Product Award" issued by the Chinese Manufacturers Association. This product not only opened the market in Hong Kong, but also sold to Southeast Asia, which was very popular.
In the early 1970s, "Zhenxiong" Machinery Factory launched a fully hydraulic 40-amp injection molding machine, which was well received by users. Business in Jiangzhen is not smooth, and bad luck seems unwilling to let him go so easily. 1967, just as Jiangzhen's career was just turning for the better, the "Cultural Revolution" in the mainland of China triggered the chaos in Hong Kong, which led to a great economic downturn, and Jiangzhen's enterprises were also in trouble.
In order to raise funds, not only Jiangzhen is busy day and night, but also his wife has to work part-time and overtime to support her family. Even her second daughter has to take a year off school to take care of her siblings at home. It is easy to get through this obstacle. 1974, the global economic crisis spread to Hong Kong. The backlog of products in Zhenxiong Machinery Factory is serious, and many buyers order goods but don't pick them up, resulting in heavy debts in Jiangzhen. "It rains all night," and banks that lend frequently call for money, and Jiangzhen almost went bankrupt.
It is said that at this time, desperate Jiangzhen came to the street one day and saw a fortune teller's business booming. He also squeezed in and asked the fortune teller to help him calculate it. Unexpectedly, after this gentleman asked his eight characters, he insisted that he was a part-time worker and that running a business would never develop.
Hearing this, it aroused Jiang Zhen's great ambition; I am determined to do something. Since the brand "Zhenxiong" has been erected, it can't be reversed! He tried every means to promote his products, and finally saved the factory and won the support of the bank. Zhenxiong began to advance by leaps and bounds.
1977, jiangzhen acquired 50% of the shares of osaka jinhe industrial co., ltd. The following year, a large modern factory building was built in Tai Po.
1983, Li Zhen Precision Injection Company was established as a joint venture with Nibao Company of the United States.
1987, Yao Zhen co., ltd was established in cooperation with Japanese friendly groups.
1989 Acquired Hong Kong Computer Aided Design and Production Service Co., Ltd., engaged in the production of precision molds and ductile iron. Zhenxiong Group has also invested and built factories in Chinese mainland and Taiwan Province Province, and now it has become one of the most important manufacturers of injection molding machines in the world.
199 1 year1October, Zhenxiong Group was listed in Hong Kong with a market value of HK$ 800 million. Looking back on his road to success, Jiang Zhen said, "I only pick jobs that people in the industry don't want to do." The more people are afraid of trouble, the more willing I am to answer. After establishing credit in this way, guests will naturally tell each other and business will get better and better. "Jiang town is not satisfied with the success of his career. He has bigger goals.
1987, Jiang Zhen announced to his six daughters and one son: Don't expect to inherit his inheritance, but start your own business.
1990, Jiangzhen donated 80% of its shares in Zhenxiong Group to establish Zhenxiong Industrial Development Foundation, and used the annual dividend to promote industrial development and personnel training in Chinese mainland, Hongkong and Taiwan Province. The Foundation also clearly stipulates that students from mainland China, Hongkong and Taiwan Province who have received the fund to study abroad must return to their original places of residence and serve there for more than five years. Otherwise, students must repay the principal and interest of the fund.