Debt naming
He appeared on the cover of Time magazine in 2005.
He is Wu Renbao, the former chairman of Huaxi Group, who has led Huaxi Village in hard work for more than 30 years and successfully built the once remote and backward poor Huaxi Village into the richest village in China.
Wu Renbao,1928165438+10/7, was born in a thatched shed in Wu Jiaji, Huashu Township, Jiangyin County, Jiangsu Province.
In his childhood memory, there is only one word "poor". He herded cattle for the rich man at the age of 1 1; 14 years old, there is no food at home, so I have to catch fish and shrimp for food; /kloc-when I was 0/6 years old, I wanted to make a fortune by selling cloth. I didn't expect to lose my money in one year, so I had to go back to my hometown as a long-term worker.
At that time, there were 138 families in Huaxi village, but there were 125 people working as long-term workers, as child brides and begging. They live in a "mud-walled thatched house, which can't stop the wind and rain." More than 800 mu of land in the village has been divided into 1200 pieces. It's really "Gaotiangang, Gaotiangang, the seedlings are yellow after half a month of no rain; Low field pond, low field pond, a heavy rain will be white. " People in West China are short of food and clothing and wander around. The word "poor enough" condensed the whole history of western China. There is a ballad that goes like this: "A heavy rain came to nothing, and it didn't rain for half a month. The seedlings are yellow, and the average daily weight is only half a catty. Some women don't marry Huaxi Lang. "
His grandfather Wu Faxiang and his father Wu Shoukun named him "Compal", hoping that he could bring good luck to the whole family, make a fortune, be rich and benevolent, and be rich and virtuous. Perhaps it is this almost innate heavy complex for the land, endless love for the countryside, and this kind of mind, tolerance, calmness and wisdom growing on the land that determines Wu Renbao's future thinking, road and dream.
In the 1960s, Wu Renbao led Huaxi people to reform farming techniques, manage fields during the day and level the land at night, transforming the original 1200 scattered fields into high and stable yield farmland, becoming a model of "big agricultural villages" in China, and Wu Renbao became famous in World War I. ..
In the late 1960s, Wu Renbao boldly proposed to establish a hardware factory. In order to keep secret, Wu Renbao had a fence built around the factory, and the windows were covered with thick cloth, so that he kept his mouth shut. The hardware factory remained anonymous for 65,438+00 years. By 1978, these hardware have brought valuable start-up funds to Huaxi Village. Huaxi Village has a total of fixed assets of 1 10,000 yuan and bank deposits of 1 10,000 yuan, laying a foundation for greater development in the future.
From 65438 to 0979, it was time for China to implement the household contract responsibility system, but Wu Renbao put forward a plan to adjust the industrial structure: more than 500 mu of grain fields in the village were collectively contracted by more than 30 experts in farming, and most of the labor force was transferred to industry.
Later, under the arrangement of Wu Renbao, some villagers went out to study their craft, and after returning to their villages, they successively set up forging factories, strip factories, aluminum factories and copper factories. During that time, Huaxi people founded more than 40 enterprises mainly engaged in metallurgy, textiles and non-ferrous metals, and more than 95% of the village's labor force was put into industrial production.
By 1980, the total industrial and agricultural output value of Huaxi exceeded 1 100 million yuan, making it the first "100 million yuan village" in Jiangsu Province.
Every family lives in a villa, every family has a car, the per capita deposit is one million, and education and medical care are free. The wealth myth of "the first village in the world" lasted for half a century.
Since 1990s, Wu Renbao has seized the opportunity to build steel plants in Jiangyin and Tangshan respectively, catching up with the golden age of China steel. After decades of industrial development, steel has become the pillar of wealth myth in Huaxi Village.
1In August, 1999, "Huaxi Village" was successfully listed on Shenzhen Stock Exchange, becoming "the first rural stock in China". Later, it developed to hundreds of enterprises with tens of billions of output value.
What Wu Renbao is best at is to correctly grasp the relationship between his fame and fortune and collective interests. In his words, it is to adhere to the "three noes": not to get the highest salary, not to get the highest bonus, and not to live in the best house.
201March 18, Wu Renbao's legendary life ended at the age of 85. From the top to ordinary villagers, people who laid wreaths spoke highly of Wu Renbao.
Since then, Huaxi Village has been succeeded by Wu Renbao's fourth son, Wu Xieen. In the first year, the output value of Huaxi Village doubled to 22 billion, which is equivalent to the total output value created by Wu Renbao for more than 40 years. Although the results are excellent. Before Wu Renbao's death, he set the goal of "working hard 1000 days and creating 1000 billion" for the new team.
However, in recent years, the industry has been depressed and the steel industry has plummeted. As a local enterprise, Huaxi Iron and Steel Co., Ltd. has neither scale effect nor technical guidance in the whole steel industry, and its Bofeng Iron and Steel, Northwest Iron and Steel and Southwest Iron and Steel all suffered losses.
The data shows that in 20 16, Huaxi Group's total assets were 53.388 billion yuan, total liabilities were 35.737 billion yuan, and the debt ratio was 66.94%. In fact, as early as in The New York Times's report on Huaxi Village, the leaders of Huaxi Village admitted that some enterprises in the village were financed by loans, and the debt ratio was as high as 60% of their total assets.
Thirty years in Hedong and thirty years in Hexi, there will be ups and downs. The present situation of Huaxi Village is only a microcosm of the contemporary social background. Only by grasping the pulse of the times and changing ourselves in time can we be in an invincible position, whether it is a collective or an individual.