From Borrowed Money To Millions Now

He gave up his admirable job and went to sea to do business. From the borrowed 5000 yuan to the tens of millions of assets today, from simple buying to selling products to the top of the "1311" project in our province, the road he traveled had a clear and never satisfied track.

He borrowed 5000 yuan to exchange for 890 thousand 1 months 9 days. When I first met the chairman of Shanxi Ruijie Biochemical Co., Ltd., Wen Xing, he was attracted by his very God's eyes.

This is the head of the first "1311" project in our province, which is not tall and has a friendly face. He had spent 5000 yuan on borrowed money to go to Yunnan.

1983, who worked in Wenxi County Department store for 10 years, gave up the work of "that era is very jealous" and plunge into the surging tide of business.

But he did not have a mature "business vision" at that time. He just felt that he could make a lot of money by his sharp mind and the spirit of not being afraid of hardship.

When he worked in a department store before, he helped his classmates buy carbon, knowing that the carbon that was bought back could be sold for money by re classification, so they simply positioned the first profit target on carbon.

However, "everything is difficult at the beginning".

Business is not something that can be done in a single sentence. It needs to analyze the market, and more importantly, money.

After careful analysis, he was in Yunnan.

The border provinces in China, because the information is relatively closed, the storage of waste carbon is certainly indispensable, and the price may be even cheaper.

The idea was decided, but Wen Xing was worried.

Without money, everything is empty talk.

He said, at that time, his father didn't quite understand his behavior, but he borrowed 5000 yuan from his relatives' home and gave him money.

With this movement, Wen Xing boarded the train from Beijing to Kunming.

In order to get to work quickly after he arrived, he bought a soft sleeper ticket "extravagant", that is, from then on, he would buy a soft berth as long as he took a long-distance train.

Yunnan, a beautiful and magical land.

Wen Wen Xing was not in the mood to appreciate the intoxicating scenery here. Instead, he carried out a market survey on the train. After a few days, the whole person lost a lap, but his mood was extremely excited. The market in Yunnan was similar to what he imagined.

The waste carbon in Yunnan is only 80 yuan per ton and pported back to Shanxi. After classification processing, the price will increase to 1100 yuan or even 3000 yuan per ton.

In this way, he stayed in Yunnan for 10 months, and the borrowed 5000 yuan turned to 890 thousand at once.

"Buying and selling is like opportunism." until now, Wen Xing believes that buying and selling is the most "primitive" way of doing business. Business can be bigger and can not simply rely on this opportunistic way.

Some people may say that his first money is too easy, but Wen doesn't think so.

He knows well the hardships behind the 890 thousand yuan, so he can't go on like a lot of nouveau riche and get the money to make good use of the money. He wants to use these 890 thousand schools and get more things.

Thus, after more than a year, he has gone to Jilin, Lanzhou, Shanghai, Nantong and other places to further investigate the production technology and market of carbon, then select the site and design the scheme.

In October 1986, he set up an annual output of about 30000000 tons of Shanxi Xintian carbon factory in Houma.

This enterprise 10% became the largest township enterprise in Houma at that time, plus the well managed business, and the benefits rose all the way.

In 1989, despite the slow development of the carbon plant in Wenxing, under the national macro-control policy, the carbon plant has maintained a strong momentum of development.

In the early 90s of last century, their products began to sell abroad.

In the past more than 10 years, he was no longer the man who had spent 5000 yuan in Yunnan alone. He was not a man who satisfied the status quo. After years of struggle in the carbon industry, he decided to seek another area to develop.

After two years of investigation in 1997 and 1998, he identified the project in the field of bioengineering.

After that, he ran to Wuhan and went to Nanjing. After several setbacks, he finally finalized the L- lactic acid project.

His first consideration is that L- lactic acid project is environment-friendly; secondly, L- lactic acid can be used in medicine, food, chemical industry and other fields, and can produce thousands of products, and has broad market prospects.

In October 1999, the Shanxi Ruijie Biochemical Co., Ltd., which covers more than 30 mu, broke the ground. They built, designed, and invested in 1311 yuan.

In December 20th of the same year, the first adjustment of industrial structure in Shanxi was convened, and the L- lactic acid project was selected.

In 2000, L- lactic acid project was identified as a national high-tech industrialization promotion project.

In 2001, the provincial "fifteen" plan "1311" project identified the L- lactic acid project as the 100 highest priority.

This naming not only made Wen Wenxing's enterprise the largest L- lactic acid manufacturer in China, but also filled the blank of the L- lactic acid project in China's pharmaceutical industry.

In 2003, the output value of his enterprise expanded to 15000 tons and fixed assets about 76000000, becoming the largest L- lactic acid production enterprise in Asia. In the same year, it was recognized by the national development and Reform Commission as a demonstration project of high and new technology industrialization.

Now, Wen Wenxing has expanded its business to calcium lactate.

He thinks twenty-first Century is the era of health care, and the market for health products is getting bigger and bigger.

At present, his L- calcium lactate has been rolled out in Beijing and Shanxi, and Shanghai branch was established in 2004. The occupation of Guangzhou market is being planned.

With the expansion of career, Wen Wen realized the importance of talents.

In October 2002, after the L- lactic acid project was put into operation, Wen went to the United States to buy the technology heavily, and returned a technician who left the ocean with an annual salary of $100 thousand.

In this way, the technology has kept pace with the international community.

He said that he chose talents first, followed by his achievements.

He is eager for both ability and integrity.

Today, his two companies have more than 300 employees, many of whom are gathered under his account.

He gave them enough space to display their talents, and he gave them logistics support for life.