Dig In Business Opportunities And Earn Millions

Wang Xuning graduated from Northern Jiaotong University. He was a teacher of Ji'nan Railway adult secondary school before going to sea.

1994 because of love and drink

In June 1999, Wang Xuning, who was 30 years old, won the national invention of the intelligent home automatic soybean milk machine.

In July 9, 2008, the closing price of Joyoung shares was calculated at 40.29 yuan, and by virtue of owning 22.05% of Joyoung shares, Wang Xuning's wealth amounted to 2 billion 372 million yuan.

In those days, the personal wealth of Huang Shuling, Zhu Zechun and Zhu Hongtao who followed him in business also reached 231 million yuan, 446 million yuan and 953 million yuan respectively.

In May 2002, before the establishment of Shandong Joyoung (the predecessor of Joyoung stock), Wang Xuning, Zhu Hongtao, Huang Shuling and Zhu Chun Chun co operated in the soybean milk machine business. Among them, Wang Xuning, Huang Shuling and Zhu Zechun were mainly engaged in the research, development, production and sale of the mechanical part of soya bean milk machine.

Zhu Hongtao mainly engaged in the development of soybean milk machine software through Ji'nan dike Software Co., Ltd. and Qingdao easy software Co., Ltd., and developed NT66P20A controlled soybean milk machine program V1.0 and easy soybean milk machine control program V1.0.

According to the prospectus, Joyoung shares is a manufacturing enterprise engaged in R & D, production and sale of small household electrical appliances series products, including soybean milk machine, cooking machine, juicer, induction cooker, purple sand pot, electric pressure cooker, boiled water pot and so on.

The market share of soya bean milk machine is over 80%, the market share of cooking machine and juicer is over 30%, the domestic market share of induction cooker is over 10%, and the domestic market share of boiling water boiler is 5.8%.

At present, the controlling shareholder of Joyoung shares is Shanghai Lihong New Technology Investment Co., Ltd. its shareholding ratio is 49.71%.

In fact, the controlling shareholder of Shanghai Lihong is composed of Wang Xuning, Huang Shuling, Zhu Zechun and Zhu Hongtao. The shareholding ratio of four people is 44.36%, 4.32%, 8.91% and 17.28% respectively.

With the late May of this year, Joyoung shares were listed successfully, and the multimillionaire who surfaced on the surface also included 22 people, including Xu Fagang and Cui Jianhua.

In June 2007, Joyoung introduced Dinghui as a strategic investor, and Shanghai Lihong shares were pferred to 20 natural persons.

Through equity pfer, Cui Jianhua, Jiang Guangyong and more than a dozen senior and senior managers have won Shanghai Lihong equity.

Among them, Xu Gang has a shareholding ratio of 2.13%, and its book value reaches 2..29 billion yuan. Cui Jianhua's indirect shareholding ratio reached 1.99% through Shanghai Lihong, and its book value reached 214 million yuan.

In addition, the second largest shareholder, Joyoung Bilting Developments, has a shareholding ratio of 17.07%, so that the company's control of Singaporean Lee Puay Khng accounts for 184 million yuan.

The fourth largest shareholder, Shanghai Ding, also has a shareholding ratio of 2.99%. Jin Li and other five people were indirectly awarded Joyoung shares through the Shanghai tripod in September 17, 2007.