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    The Chairman Of Li Precision Listed Company Was 2 Billion 300 Million &Nbsp, Who Worked For Foxconn.

    2010/9/17 18:48:00 166

    Foxconn Chairman Li Precision

     

    Shenzhen

    Working girls write another business legend.

    Yesterday, Shenzhen

    Li Xin Precision

    The 35 million 40 thousand A shares of the industrial Limited by Share Ltd were listed on the Shenzhen stock exchange for 39.99 yuan, and the personal chairman of general manager Wang Laichun has reached 2 billion 300 million.


    Wang Laichun became the first batch of working girl in mainland China in 1988. He worked in Foxconn for 10 years, so that he was the chief of the highest position of mainland employees at that time in 1988.

    In 1999, he founded Shenzhen Li Xin precision.


    Wang Laichun brothers and sisters indirectly hold 115 million 920 thousand


    The precise prospectus and listing notice indicate that the predecessor of Shenzhen Li precision industrial Limited by Share Ltd is Li Xin Precision Industry (Shenzhen) Co., Ltd.

    Li News Limited was established in May 24, 2004 and changed into a joint stock company in February 26, 2009.


    Hongkong Li news holds 66.7% of the shares of the company after the issue of new shares, and is the controlling shareholder of the company. Wang Laisheng and Wang Laichun brothers and sisters hold 50% stake in Hongkong Li Xin, and are the actual controllers of the company.

    Among them, Wang Laichun indirectly holds accurate 57 million 960 thousand shares, and Wang Laisheng indirectly holds accurate 57 million 960 thousand shares.

    Yesterday, the precise closing price was calculated at 39.99 yuan per share. Wang Laichun's personal wealth has reached 2 billion 300 million yuan, and his brother and sister 4 billion 640 million yuan.


    The company has XXXX and XXXX two subsidiary companies.

    Since 2007, the company has established a sophisticated business step by step from MP3.

    USB drive

    And other digital electronic products into the production of connector products.

    The XXX Electronics is mainly to expand production capacity to meet the needs of rapidly increasing orders.


    Wang Laichun is 43 years old and EMBA, Shenzhen Graduate School of Tsinghua University. He is currently the chairman and general manager of the company.

    In 1999, Wang Laichun and Wang Lai Sheng jointly bought shares in Hongkong, and in 2004, they established and became chairman of the company through Hongkong Li news.

    Wang Laisheng, 46, is now vice chairman of the company. He is also chairman of XXXX and chairman of XXXX.


    Once

    Foxconn

    The first batch of migrant workers


    In October 1988, Foxconn set up a marine electronic connector factory at the foot of bun hill in Xixiang, Shenzhen, and recruited the first 150 employees from Guangdong, Chenghai, Chaozhou and Fengshun.

    Wang Laichun, 21, came from Chenghai to work as an operator in Foxconn marine works.


    At that time, the marine factory not only had bad environment, poor living and working conditions, but also had strict management. Many people could not bear to leave.

    Wang Laichun insisted on it, and later promoted to the highest rank of mainland employee.

    In 1999, Wang Laichun left Foxconn to start his own business.


    Foxconn is the biggest customer of the company.


    Wang Laichun's venture was strongly supported by Foxconn.


    In the project "market development and customer growth process", the company's actual controller, Wang Lai Chun Wang Lai Sheng, began to undertake international orders in 2001 and commissioned the domestic processing and production through the dispatch of Hongkong. The connector products produced by Foxconn are processed and assembled into the 3C products of many famous international brands, thus accumulating rich management experience and customer resources.


    From the point of view, from Wang Laichun starting, Foxconn is a precise customer.

    According to the accurate prospectus, from 2007 to 2009, the company's sales revenue to Foxconn accounted for 47.73%, 56.46% and 45.38% of the current revenue respectively, and Foxconn ranked the first largest customer in the company.

    {page_break}


    In addition, in 2009, Li Xun's precision sales amounted to 70 million 80 thousand yuan, accounting for 11.99% of the sales volume of the company.


    In strategic layout, Li news precision is targeted at Foxconn close fitting service.

    Kunshan win win and Penglai Li news are subsidiary services of Foxconn in Jiangsu Kunshan and Shandong Yantai respectively.


    In September 2009, Fugang electronics invested 40 million yuan, subscribed to 4 million precise shares, and became the third largest shareholder of the company through 3.08% stake.

    The controlling shareholder of Fugang electronics is precisely Wei Wei, and its actual controller is Terry Gou's younger brother Guo Taiqiang.

    The move is also seen as the support of Guo brothers to the listing of accurate news.

    The price of Hong Kong is 10 yuan / share. The price is not cheap. It is basically the normal price of the PE industry. It is also regarded as the strategic layout of the mainland.


    Successful Foxconn model


    Its main products are connectors, which are mainly used in computers, communications, consumer electronics, automotive and communications.


    Wang Laichun talked about the experience of Foxconn in the past 10 years, and said: "the work style of stationing cadres, the way of speaking and teaching and the advanced business philosophy have great influence on me.

    My own company has developed from more than 100 people who have just built up to nearly 10000 people today. Although I have experienced many setbacks, I insist on using a set of management models learned by Foxconn to prove that it is right. "


    In the sophisticated office of the dispatch office, there is also a saying that "walking into the lab, without high technology, only carrying out discipline", "mistakes are not terrible, and terrible is to repeat the same mistake" and so on by Foxconn President Terry Gou.

    Wang Laichun said, "although President Guo's language is simple, it contains profound connotation.

    I often explain the famous story of President Guo to employees, so that employees can feel the culture of Foxconn.


    Wang Laichun said frankly that for more than 20 years, her deepest feeling was that "opportunities are always reserved for those who are prepared."

    Working hard today and laying a solid foundation is to pave the way for the future. Once the opportunity comes, we can firmly grasp and gradually succeed.

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