Li Zhi: From The Wage Earner To The Shoe Machine Industry Tycoon

"In the Pearl River Delta, I originally worked in my factory, and later went out to set up a factory to make shoes machines." there are more than 10.

Li Zhile said haha.

In 1998, he founded the Dongguan Jin Yin Feng Machinery Industrial Co., Ltd., now ranks ten in the footwear industry of Guangdong Province, and owns 24 national patents including an invention patent.

In 1989, he was just a poor boy with 50 yuan from Henan to work in Dongguan.

Li Zhi said, "there is no reform and opening up without me today."

In the first 1989 year, the salary was higher than that of the county magistrate. Li Zhi failed in the college entrance examination. "At that time, I had to go to the university to get into the University. I was very eager to repeat it, but family conditions were not allowed."

In this way, in September of that year, Li Zhi left the university dream, carrying 50 yuan of wheat sold at home, and took the train to Guangzhou to come to Houjie Town, Dongguan.

After half a month, he entered a garment factory as an ironing worker. After a month, he received his first salary of life, more than 700 yuan. "Really astronomical figures, never seen such a lot of money. He couldn't sleep all night. He got up several times in the evening and counted the money. He woke up the fellow workers who worked together, and kept asking their county magistrate how much monthly salary they could get.

Later, I knew that many college graduates were not paid well, and the county magistrate could not get more than 700 yuan monthly salary.

In 1995, Li Zhi entered a shoe machine factory as a salesman, taking a 5% Commission, which he identified as an industry. But from the very beginning, he had a contradiction with his boss and resigned soon afterwards.

Li Zhi walked around the street with a kit and asked whether he wanted to repair the machine. So he earned nearly 200 thousand yuan.

The intellectual property rights of enterprises are trapped in their own businesses: independent technological innovation and firm foothold, relying on this "first pot of gold", Li Zhi founded the gold and silver machinery company in 1998.

At the beginning of its business, gold and silver were hit by intellectual property rights.

Li Zhi recalled: "in 1998, when a foreign client came to the factory, he sat down and asked if we had imitated other people's intellectual property rights. In the second sentence, we asked whether we had our own intellectual property rights. When I heard it, I was stupid and couldn't answer it. The result could be expected, and people soon left, and the order was even less."

From this day on, he realized the importance of intellectual property rights, so he took the lead engineer and started independent technological innovation. Today, he has 1 national invention patents, 23 National utility models, and another 20 patents are being declared.