They say you can create wealth quickly on the Internet, but that’s not necessarily true! Traditional industries also contain huge business opportunities!
With the national “One Belt, One Road” strategy and the continuous advancement of the construction of the core area of the Silk Road Economic Belt, open Xinjiang has become a region that attracts worldwide attention and has the greatest potential along the Silk Road Economic Belt. In particular, a series of preferential policies by the state and autonomous regions have made Xinjiang the region with the highest investment in the textile and apparel industry. Policy dividends continue to appear, bringing Xinjiang’s textile and garment industry into a period of rapid growth.
As one of the most traditional industries, the textile and garment industry provides more than 9% of China’s GDP and more than 25% of its foreign exchange earnings every year. In such a pillar industry, there are certainly not a few textile tycoons who have made fortunes from this. However, some of these rich people are still opening up new territories and leading their companies to set foot in Xinjiang. They very much hope to make greater achievements and create new sparks in Xinjiang, a major cotton-producing region.
These people deserve our respect for the opportunities they have seized and their persistent exploration in an area that has not yet been fully developed! Below, we select a few of them to talk about the “stories behind” their investment in Xinjiang:
Ruyi Group Qiu Yafu: Merged five bankrupt companies and produced “Ruyi Textile” worth 10,000 yuan per square meter
Investment and factory construction in Xinjiang in 2016: Xinjiang Ruyi Textile and Garment Co., Ltd. has high-tech yarn production lines, high-end yarn-dyed fabric production lines and high-end towel production lines. The technological yarn production line has a spinning capacity of 1 million spindles and can produce 120,000 tons of various yarns annually. The high-end yarn-dyed fabric and towel production line has an annual output of 25 million meters of high-end yarn-dyed fabrics and more than 3,000 tons of high-end towels and quilts. The group plans to invest 500 million yuan to build a new 10 million high-end shirt production line in Shihezi, invest 600 million yuan to build a new knitted garment production line with an annual output of 60,000 tons, and add another 1 million spindles of digital and intelligent spinning production capacity.
Qiu Yafu: 18.862 billion, ranked 24th in the “2016 Shandong Rich List”, born in 1959, Shandong, member of the Communist Party of China, senior engineer. He is currently the chairman of Shandong Ruyi Group and a representative of the 10th National People’s Congress.
Compared with the calmness of Shanxi merchants, the shrewdness of Zhejiang merchants, and the elegance of Huizhou merchants, Qiu Yafu, who was born in the hometown of Confucius and Mencius, has more of the pride and simplicity of Shandong people. He started working in October 1975. He graduated from Northwest Textile Institute of Technology with a bachelor’s degree in wool textiles in 1985. He graduated from the Central Party School with a bachelor’s degree in economics and management in July 1993 and received an EMBA from Peking University in 2002. This man is 1.8 meters tall. He entered the factory at the age of 17, became the deputy director at the age of 26, the vice president at the age of 30, and the chairman of Shandong Ruyi Group at the age of 39 (formerly Shandong Jining Wool Textile Factory, hereinafter referred to as Ruyi Group). This Shandong giant is determined to reform and vigorously explore both international and domestic markets. Its major economic and technical indicators have always been among the best in the country. It has been awarded the economic efficiency vanguard enterprise by the Shandong Provincial Economic Commission for consecutive years and has become the largest export earner in Jining City. It has successively merged five local enterprises in difficulty that were in bankruptcy, and nearly 18,000 employees have been properly resettled.
Today, when Chinese textile companies compete in the international market with low quality and low price, the price of “Ruyi Textile” produced by Qiu Yafu’s companies has reached 10,000 yuan per square meter, and the price of each set of high-end suits produced by Ruyi Group is, It has also reached RMB 70,000 per set. Among Chinese textile enterprises, although it cannot be said to be “unprecedented”, it is certain that this is an “unprecedented” achievement.
Tinhong Textile Hong Tianzhu: After selling cloth for 8 years, he saw the right opportunity and became the myth creator of the textile industry
Investment and factory construction in Xinjiang in 2016:On January 11, the Xinjiang Tianhong Jiye Textile Phase I 500,000-spindle spinning project covering an area of 1,500 acres in the Kuitun-Dushanzi Economic and Technological Development Zone was only half a year old Put into operation.
Hong Tianzhu: 5 billion, ranked 780th in the “2016 Hurun China Rich List”, born in 1968 in Jinjiang, Fujian, founder, chairman and president of Tianhong Group Holdings Co., Ltd., vice chairman of the Hong Kong Textile Chamber of Commerce, Shanghai Quanzhou Chamber of Commerce Honorary President.
In the late 1980s, 20-year-old Hong Tianzhu was selling cloth in Fujian. He believed that “to do business first, establish morality, and to be a good person first” and always adhered to the business philosophy of “people-oriented, reputation first”; after selling cloth for 8 years, with his smart talent With unremitting diligence, advanced market concepts, sincere sense of cooperation and tenacious hard-working spirit, his sales targets have been rising year after year.
Times are developing rapidly and reforms are surging. Hong Tianzhu saw the right opportunity and believed that “one’s family background never hinders success.” No one in his family started a business, so he tried to start one on his own. In August 1997, Hong Tianzhu relied on his many years of professional experience to register and establish Hong Kong Tianhong Industrial Co., Ltd. in Hong Kong, China with US$150,000. As an investment entity, he began to expand the textile industry in mainland China. In October of the same year, he rented the redundant factory buildings and machinery of a state-owned factory in Taizhou to produce and sell non-elastic gray fabrics. Later, he went bankrupt through continuous mergers and acquisitions.%. In the past two years, the company has kicked off its global production capacity layout, investing in Southeast Asian countries such as Myanmar, Vietnam, and Cambodia, and its production capacity has entered a period of release. At the moment when the company took a critical step in internationalization, Liu Shizhen handed over the baton of chairman to his son Liu Zibin.
Of course, Xinjiang has an absolute advantage as the place with the highest investment enthusiasm for the textile and apparel industry in the country. In 2017, these entrepreneurs’ investment craze in Xinjiang continued.
The following is the situation of some textile and garment enterprises investing in and setting up factories in Xinjiang:
Tianhong Textile Group 3 million spindles
Shandong Ruyi Group 2 million ingots
Xinjiang Fuli Zhenlun Cotton Spinning Co., Ltd. 2 million spindles
Fujian Changle Xinhuayuan Textile Co., Ltd. 1 million spindles
Zhejiang Hangzhou Geelibao Company 1 million tablets
Jiangsu Jinsheng Group 1 million ingots
Bazhou Zhongjia Special Yarn Co., Ltd. 500,000 spindles
Henan Xinye Textile Co., Ltd. 400,000 spindles
Shunda Chemical Fiber Co., Ltd. 300,000 spindles
Luthai Textile Co., Ltd. 228,000 spindles
Zhejiang Lanxi Yuxin Textile Co., Ltd. 300,000 spindles
Jingwei Yuci Branch 300,000 spindles
Shandong Dezhou Hengfeng Group 300,000 tablets
Henan Sanzha Textile Co., Ltd. 150,000 spindles
Anhui Huamao Group 80,000 tablets
Jinghe Chuxin Agricultural Company 50,000 tablets
Huafu Colored Textile Co., Ltd. 4 textile production bases
Editor’s note: Who said that those who make textiles cannot do real estate? The richest man in China may be born among them in the future!
Some people may ask, “Is the textile and apparel industry easy to do? The industry is full of news about bankruptcies, job losses, and unemployment.” Judging from the development in recent years, the textile industry is indeed not as good as before, but it is not serious. the point. But looking at the world, nearly half of the top ten richest people in the world are in the clothing industry. Japan’s richest man, Uniqlo owner Tadashi Yanai, H&M’s Persson family, and IKEA founder Ingvar Kamprad have long taken turns to be Sweden’s richest man, as well as France’s richest man, LVMH Louis Vuitton. Bernard Arnault, the boss of Deng Group…
What the author wants to say is that for many people, the above-mentioned Chinese textile tycoons are successful businessmen, but what they don’t know is how much effort these tycoons have put in behind the scenes, and these are inseparable from the unique business vision of these people. Just as they are now “expanding territory” in Xinjiang, I believe that given time, China’s richest man may be born among them in the future! Looking forward to the counterattack of the traditional textile industry and real estate tycoons on the long PK road of China’s richest man!
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