Wenzhou "Valve King" selected for 2011 CCTV China Economic Year

Summary of contents: Acclaimed as a “wind vane” of the Chinese economy, the list of candidates for the 2011 CCTV China Economic Year Awards was officially announced yesterday. This list of heavy-duty candidates recorded the annual face of the Chinese economy, perceived the true temperature of the Chinese economy, and witnessed the pace of the Chinese economy. Weng Zuxing of Wenzhou's "Valve King" was pleasantly surprised.

This year’s economic year’s selection of people featured “growth quality” as the theme. Some of the candidate names on this list are a little unfamiliar, but careful analysis is the most powerful interpretation of the core concept of “growth quality”.

Among the finalists were Liu Chuanzhi, chairman of Legend Holdings Ltd., Liu Qiangdong, founder of Jingdong Mall, Chen Nian, CEO of Fanke Eslite, and Chen Yizhou, Renren.com, as well as representatives of aerospace engineering, the Tiangong No. 1 rendezvous and docking task force. ... The 20 people and groups that entered the list of candidates are distributed in different industries such as high-tech, culture, the Internet, and manufacturing, fully embodying the development concepts of transforming the mode of economic development, independent innovation, and the Chinese economy going global.

Who will eventually become the 2011CCTV China Economy Person of the Year? On December 12, the award ceremony will finally reveal this mystery. As a strategic partner of CCTV Finance Channel, “Qianjiang Evening News” will participate in the selection, selection and related reports of this year’s figures.

Huang Wenxing of Wenzhou's "Valve King" was surprised to be selected as the runner of the Yellow Crane Road. He was sent back to the bank for 126 million. He also placed more than 1,000 workers on the shortlist. The reporter saw a slightly strange name - Huang Zuoxing. . However, the reporter found that he did indeed make a big comeback: Many Wenzhou businessmen started from small commodities. However, Huang Zuoxing’s industrial valves are big guys. Many Wenzhou businessmen manage ordinary daily necessities. However, Huang Zuoxing’s products have created the world's first industrial industry three times, and he has devoted himself entirely to the exploration of the industrial field for more than two decades. This is a slightly different type of Wenzhou businessman.

Yesterday, the reporter asked Huang Zuoxing whether he knew about the finalists. “Is it? I don’t know. I’ve just learned from you.” Huang Zuxing was surprised.

In 1985, he resigned to establish “Jiangnan”. Huang Zuoxing devoted himself to the research, development, manufacture, and sales of valves. He currently has 32 national patents, including 8 patents for inventions, and twice won the “Eureka Gold Award”, the highest award for the world’s invention industry. China's valve manufacturing technology surpasses the United States and Japan. He personally also won the World Class Knight Order.

“Only insisting on innovation to do what others don't have and do what others can't do, companies can calmly deal with all sorts of storms.” Huang Zuoxing said that since the late 1990s, R&D began, the company’s annual sales of 5% for R&D investment, enjoying the State Council’s The subsidy of the valve industry has three characters, accumulated for many years, and now finally ushered in the harvest period. In recent years, the rate has increased by 20% each year. Under the circumstances that the overall manufacturing profits have been severely declining this year, Jiangnan Holdings’ sales and profits have increased steadily.

For more than 20 years, Jiangnan Holdings, established by Huang Zuoxing, has grown into a large-scale enterprise group with 8 subsidiary companies, total assets of 1.2 billion, and an annual output value of over 4 billion yuan. In the meantime, Huang Zuoxing also involved in real estate, but has always insisted on the main business. “Industrial manufacturing can only reflect the strength of national industry.” In Huang’s view, technology is advancing, and the space for industrial manufacturing has also expanded with the demand. Industry has always been a sunrise industry. Despite the lack of collective development of the industry this year, the advantage of innovative companies is still there.

It is worth mentioning that Huang Zuoxing is one of the bosses of Wenzhou Paolu, the chairman of Zhejiang Jiangnan Leather Co., Ltd., who is also affiliated with Jiangnan Holding Group. In this matter, Huang Zuoxing is also a victim. After the flight of Huang He, he lost 180 million yuan in full and lost his revenue.

Huang Zuoxing revealed to reporters yesterday that he once guaranteed 100 million for Jiangnan Leather and added 26 million yuan in interest. Huang Zuoxing has returned to the bank recently and he has sold 8 suites for himself. At the same time, more than 1,000 workers from Jiangnan Leather Co., Ltd. have also been paid and resettled according to the new labor law. "I think this is still very worthwhile. We have held on to the honesty of Wenzhou people. Wenzhou's honesty can't fall, and it also prevents the spread of bad social influences," Huang Zuoxing said.

List Highlights About Small and Micro Business Growth 2011 is a year for small and micro enterprises. From Wenzhou to Dongguan, small and micro enterprises face a huge crisis of survival. They need help. They need warm hands. Among the candidates, there are three characters dedicated to serving small and micro businesses:

Nie Gang, Director of the Small and Micro Business Division of the Chongqing Administration for Industry and Commerce, is the first director of the Small and Micro Enterprise Division in the country, with an annual funding of 1.6 billion to support small and micro enterprises. Li Zhenxi, chairman of Baoshang Bank, has been committed to improving the financing environment of small and micro enterprises for many years.

Wu Xiaoling, deputy director of the National People’s Congress’s Financial and Economic Committee, also spoke for small and micro enterprises. She once gave the PBOC a framework opinion on the development of micro-credit companies, and soon the People’s Bank of China has successively promoted the approval of the seven local governments that only have loans. Microcredit companies currently have more than 3,000 small loan companies nationwide.