Xu Shaochun: From A Student Living At 5 Yuan A Day To A Billionaire

He was so poor that he could only fill his dinner table with salted vegetables, radish and pickled vegetables.

He carved "money is calling to you" on the left and right corners of the desk. "Beauty beckons to you," which is the driving force for most students at that time.

20 years later, the Kingdee software group he founded became the first mainland private enterprise listed on the Hongkong venture edition, and today it has developed into a leading management software company with nearly 500 thousand users in the Asia Pacific region.

Xu Shaochun's ideal is no longer money and beauty. To the epoch-making figures in the history of Chinese software, it has contributed to the service of Chinese enterprises and contributes to social development, and has become the mission of him and Kingdee.

The "Oriental red" music that the artificial satellite puts in the sky is the computer to sing.

As a writer, he gave up his ideal to the computer profession only because of his brother's words, and "insistence" became his mantra.

20 years later, the company he founded became one of the north and South heroes in the field of financial software.

More than 30 years ago, Xu Shaochun said to his mother, "when I grow up, I want to be the master of money and not be a slave to money."

A few years ago, when Kingdee had dozens of millionaires, Xu Shaochun said, "money is a form of wealth. Only when it is money or property that can bring value to society, can it become wealth."

In 2007, IBM and Lehman brothers set up a fund company. The first company invested by the fund was Xu Shaochun's kingdee international software.

From Xu Shaochun's experience, he can vaguely understand why he can succeed: in August of 1983, Xu Shaochun graduated from the computer science and Engineering Department of Nanjing Institute of technology, and was assigned to work in a factory with 800 people in Wuhan.

As soon as he entered the factory, Xu Shaochun wanted to be the director of the factory, which attracted the attention of the factory director.

Xu Shaochun, who was frustrated, took the postgraduate examination and washed his life once again.

1985 admitted to the Ministry of Finance Research Institute accounting computerization graduate student.

At that time, he had been keen to see that computers would have a significant impact on the management of enterprises, and software design was a very important link, so he strongly advocated the establishment of accounting software companies, but did not expect to do it himself.

1988, assigned to the Local Taxation Bureau.

The nine to five, unalterable organ work has made Xu Shaochun, a passionate Xu Shaochun, live like an old man. Complicated interpersonal relationships make him unable to learn from technology.

In 1990, Xu Shaochun abandoned the iron rice bowl that everyone envied and brought the 360 yuan endowment insurance compensation to the forefront of reform and opening up and the hot spot of entrepreneurship. He entered an accounting firm as manager of the computer department. "Shenzhen"

In 1991, he resigned from the work of the manager of the computer department of several thousand yuan monthly salary. "This position makes me know more clearly how much financial management software China needs."

He borrowed 5000 yuan from his father-in-law to buy a 286 computer and set up Shenzhen eppu Computer Technology Co., Ltd.

The original ideal is to help accountants get rid of the vast sea of accounts.

In the two years after that, Xu Shaochun took the independent development of "Ai Pu financial software", opened one door after another, and demonstrated his software product in person.

A few months later, his customers increased to more than 30, including many well-known companies.

With his strong will and firm belief, Xu Shaochun won the first victory.

In 1993, the "Ai Pu financial software" V1.0 to V3.0 version passed the evaluation of Shenzhen Municipal Finance Bureau, which provided important technical support for promoting computerized accounting in Shenzhen, and broke the situation that financial management software of foreign-funded enterprises was totally dependent on imports.

Taking this opportunity, in August 8, 1993, Mr. Xu Shaochun joined Zhao Xiyan, a Chinese American, and a social insurance company in Shekou Industrial District of Shenzhen to establish Kingdee Software Technology (Shenzhen) Co., Ltd.

Xu Shaochun gave up the controlling stake, holding 35% in the new company, Zhao Xiyan holding 25%, and the social security company investing 480 thousand yuan in cash to get 40% of the stock.

At the end of 1994, Kingdee began to develop Windows version of financial software, and the more than 20 developers did not rest during the Spring Festival. In the mid 1990s, the PC machine operating system was still in the DOS version of the world.

Many people think that there will be 2~3 years before the Windows age will come.

At the beginning of 1995, Xu Shaochun produced the ForWindows1.0 version of Kingdee financial software. In April 1996, Kingdee Windows financial software was recognized as China's first excellent Windows version financial software by the China Software Evaluation Center. In the year of 1997, Kingdee introduced a decision based financial software based on Windows platform. The first step in the domestic Windows version of the financial software evaluation activities led to the rapid pfer of financial software from DOS to Windows platform, and completely changed the financial software structure at that time.

The competition pattern of "South Kingdee and North UFIDA" has also been formed in the history of management software development in China.

In 1998, IDG venture capital was introduced.

In 1997, a document in the country changed the company again.

At that time, the state did not allow insurance companies to invest in high-risk industries, and social insurance companies had to withdraw funds from high-risk industries. In May 1, 1998, after repeated consideration and consultation, Kingdee decided to absorb 20 million yuan people's currency cash invested by US venture capitalist IDG and make a 25% stake. At the same time, social security received 2 million yuan cash to withdraw from Kingdee, which became a good word for venture capital investment in that year.

1999 pferred from financial software to ERP.

Beginning in the summer of 1998, domestic financial software companies began to stir up ERP.

At that time, the major financial software vendors were pforming to business management software. Kingdee was no exception, and proposed K/3ERP.

In 2000, Kingdee released the first system level middleware ApusicJ2EE application server in China, which became a model of core technology for national software. Kingdee seized the opportunity to become the first software manufacturer in China to have system software technology.

In 2001, Kingdee International Software Group Co., Ltd. successfully launched the Hongkong Bats Exchange Inc growth enterprise market, becoming the first private software company to appear on the gem in Hongkong.

In the same year, we bought ERP's old strength.

The company was founded in 1990. It is a software manufacturer specializing in ERP development, sales and after-sale consulting services. It is a veteran force in China's ERP market.

In the IDC1999 China software market report, Kai Si software ranked first in China's local ERP companies with 4.6% market share.

Kingdee's merger and acquisition has opened up a prelude to the acquisition of the software industry. It has gained time for the new strategic integration of Kingdee, and has gained valuable talents and technological resources.

In 2002, Kingdee established the Pearl Club of the whole country, and set up a communication platform between manufacturers and users, users and users. This club was also included in the "China Electronic Commerce Association", so that more enterprises could share the successful experience of the Pearl enterprises.

Kingdee and many partners have gone all over the world. They have gone through 229 cities and regions, interviewed nearly 500 candidates, and listened to the voice from users and experts through in-depth understanding of the user's application status. Finally, we selected the first 25 outstanding pearl enterprises and 75 outstanding pearl enterprises in the success of Kingdee K/3ERP system.

In 2003, Kingdee announced the implementation of the strategy of "product leadership and partnership supremacy".

Kingdee's past mode is to develop, sell and service a one-stop way to enable customers to enjoy "one-stop" treatment.

Now Kingdee has put forward the plan of "partner ecological chain", developing alliance partners such as consultation, implementation, service, training, technology and so on. It will provide customers with integrated and integrated services in all directions and processes. That is to realize the application service from management consultation to IT system planning, system flat table construction, application system implementation, customer development, after sale service and Application Improvement consultation, so as to enhance the traditional implementation and service to a new and higher level.

Because the alliance has a virtual professional project team to realize the distributed project management operation, it can still guarantee the superiority of "one-stop".

In 2007, IBM and Lehman brothers set up a fund company. The first company to invest in the fund was Kingdee.

And quietly launched the online bookkeeping and business management platform, which is competing with Alibaba, "friend business network".

Based on Kingdee's advantages in ERP and financial software, the "friends business network" first launched the online bookkeeping service, supplemented by services such as internal management of member enterprises, business opportunities search, supply and demand distribution, brand promotion and so on. After forming scale, it then entered into the fields of enterprise logistics, commerce and human resources and so on, so as to "fully enter the whole e-commerce process".