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    Zhang Yin, A Wealthy Woman: The Steadiness Of Accountants And The Courage Of Businessmen

    2010/3/1 10:46:00 27

    Zhang YinA Wealthy Woman: The Steadiness Of Accountants And The Courage Of Businessmen

    In the recently released 2009 Hurun rich list, the Zhang Yin family ranked second in the fortune 33 billion yuan and ranked the top of the list of women rich.

    In fact, as early as 2006, Zhang Yin was the first Chinese richest woman in the Hurun rich list.


    Minister of Finance pformed into "tattered king"


    In the 50s of last century, Zhang Yin was born in a military family in Guangdong province.

    During the cultural revolution, father was forced to go to prison.

    Zhang Yin, the eldest of 8 brothers and sisters, raised the burden of the family at a very young age, but it was this hard environment that shaped her independence, strength and magnanimity.


    In 1982, father rehabilitated, Zhang Yin had the opportunity to study her favorite accounting profession.

    After graduation, she went to Shenzhen and worked as an industrial accountant in a factory.

    Shenzhen

    A joint venture has served as Minister of Finance and Minister of trade.

    In principle, everything is running according to the ideal career plan she thought before.


    However, in 1985, Zhang Yin began to "deviate" from the main course of his life.

    The acquisition of waste paper in Hongkong made her quickly understand the shortage of paper in the mainland and its huge market potential.

    Then, she made bold decisions to give up his generous salary and housing in Shenzhen, and came to Hongkong with 30 thousand yuan to start the waste paper recycling trade.

    hers

    Entrepreneurship

    This is the start of routing.


    In Hongkong at that time, the status of waste paper recycling industry was not high.

    But by virtue of integrity and hardworking spirit, and coinciding with the opportunities of Hongkong's booming economic development, in the short span of 6 years, she has won the first pot of gold.

    Later, when Zhang Yin talked about that experience, she said that it is her great secret to talk about faith, ensure the quality of waste paper, and never pay in arrears.


    But after all, the Hongkong market is limited. In order to seek greater development, Zhang Yin and her husband, Liu Mingzhong, have shifted their focus to the world's largest raw material market, the United States.


    As soon as he arrived in the United States, Zhang Yin set a goal for himself to become the king of papermaking raw materials in the United States.

    Thanks to Hongkong's industry experience, good faith standards, sufficient capital, bank support and clear specific goals, Zhang Yin's company soon became the largest exporter of recycled paper materials in the United States, and has been relocated so far, and has business contacts throughout Europe, America and Asia.


    The stability of accountants and the courage of businessmen


    "If only three star hotels could be built, I would never venture to build five stars."

    Because he had studied finance and accounting, Zhang Yin admitted that his greatest characteristic was to do everything in his power.

    But this steady character does not contradict her courage and courage in making investment decisions even for men.


    An admirable example is that in the 90s of last century, the vast majority of China's paper mills were still at an annual production scale of about 50 thousand tons, but the first machine that Zhang Yin put into operation in Dongguan was the annual production scale of 200 thousand tons. And from the beginning of the paper industry, Zhang Yin made detailed plans for the target of her world's first packaging paper manufacturer, and the land acquisition in Dongguan and Jiangsu Taicang was enough to produce 9 million tons of wrapping paper per year.


    In the recession, many people are shrinking.

    Investment

    Instead, Zhang Yin increased investment. The direct consequence of this is higher liabilities and lower profits.

    She believes that to reach the climacteric, you must seize the tail of youth. "When the market is bad, it will be an opportunity. Time will prove everything. The premise is that my foresight is at least 95% accurate."

    Facts have also proved that this is a very eyed and able to withstand the pressure of female entrepreneurs.


    In 2008, she laughed and ran through doors and windows.

    In March the national "two sessions", 3 of her proposals were accused of "only representing the interests of the rich", which was strongly criticized by public opinion; in April, when she was visiting investors in the United States and preparing to announce the company's achievements, the reports of sweatshops were overwhelming; while the company was about to go to the market, there were news that her American company went bankrupt, the factory went bankrupt, and the couple divorced.

    Every negative news is a critical moment for the company.

    In Zhang Yin's words, she not only needs to devote two hundred percent of her energy to work, but also needs to devote her energies to dealing with negative reports.


    Fortunately, her wealth shrank to 2 billion yuan in October and 33 billion yuan in September this year.


    And women

    Entrepreneurship

    People share their experience.


    Unlike many families, in Zhang Yin's company, she is the chairman of the board and her husband is the vice president.

    Like other mothers, children

    Success

    Maybe for Zhang Yin, it's more than career.

    Success

    More meaningful.

    Her oldest son holds a master's degree from Columbia University, and is now a non-executive director of the company.

    Thanks to Zhang Yin's indoctrination from childhood, his son has a strong interest in the paper industry, and he will go to factory practice during the holidays.

    From childhood, Zhang Yin set goals for her son and fostering her independence and sense of responsibility, because in her view, this is the necessary quality for the development of a century's foundation.


    Zhang Yin for women

    Entrepreneurship

    The proposal is particularly valuable: "women.

    Entrepreneurship

    In the presence of

    Entrepreneurship

    In the first place, we must first define our position and know what we are suited to do. We must have a broad mind and dare to break through the pressure. Then we must have a healthy body and achieve a balance between body and mind.

    In addition, the balance between family and career is also a career for women.

    Success

    The key: your other half must have the same focus and love for your career, and everything is important for your career and mutual understanding, so that you can have a happy family life.

    In the shopping mall for so many years, Zhang Yin still has a deep feeling that no one will take special care of you because you are a woman.

    "Only if you admire and respect you, can you get your career.

    Success

    For example, myself, my requirement for myself is to be conscientious and responsible for the cause and treat employees equally.

    Only in this way can employees truly identify themselves.


     

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