The Ten Most Potential Entrepreneurs In China

Shen Napeng (Sequoia Capital Chinese partner)

VC angels to overturn NASDAQ

Use risk

Background introduction

Shen Napeng, who graduated from Yale and worked in Citigroup and other international companies, met Liang Jian Zhang, a Chinese friend in the United States, and founded Ctrip in 1999.

Shen Napeng was executive director and chief financial officer of Ctrip.

Now a Chinese partner for Sequoia Capital.

Shortlisted candidates for economic figures in 2006CCTV.

Future growth potential

Sequoia Capital, founded in 1972, is the largest venture capital in the world. It has more than 4 billion US dollars in total capital and invested more than 500 companies, of which more than 130 have been successfully listed and more than 100 have been merged or acquired.

The list of companies invested in it includes many famous enterprises such as Google, Paypal, YAHOO, apple, CISCO and Oracle, whose total market capitalization exceeds 10%. of the total value of the Nasdaq market.

Shen Napeng hopes that Sequoia Capital will be able to intervene in the field of investment in the fastest and most correct way and speed.

"What I particularly want to see is how much money Sequoia Capital can grasp in the next 20 years to influence the future market upgrading of consumer industries.

The investment target of Sequoia is driven by the consumption economy, which has the prospect of business growth and profitability, and can build a core competitive advantage by constantly building the advantage barrier.

One of Shen Napeng's favorite projects is a public comment network with no technical content.

This registered user has over 1 million of the restaurant guide website. Users evaluate their service quality according to their consumption experience, and provide consumers with comments and consumption guides on different catering industries across the country.

Shen Napeng believes that this "food and drink business" represents the direction of investment in Sequoia.

Shen Napeng believes that China's economy is at a stage of rapid development. Only with the cutting-edge technology and innovative business models can we quickly establish enough competitive barriers and maintain rapid growth.

High tech enterprises are innovating to cater to the market, and traditional enterprises are also undergoing continuous pformation and revolution.

Similar to the idea of subversion of Tradition Hotel by the home industry and Ctrip's impact on the traditional tourism industry by using T technology will be favored by investors.

As an investor of many successful companies, Shen Napeng will have extensive influence in the future and become king of kings {page_break}

Two, Jiang Nan Chun

Turning boring time into hundreds of millions of industries

Boredom can also create wealth.

Jiangnan Chun, which has pushed the Focus Media to the $270 million worth of NASDAQ, is determined not only to become a millionaire, but also to become a historical subversive.

Background introduction

Jiang Nan Chun was born in March 1973, and was described as "business junior."

Focus Media founder, chairman and chief executive officer of Focus Media board.

In the third year, the university raised 1 million of its self raised funds and founded Yong Yi communication company, and led Yong Yi communication company in 10 years to become one of the most famous local advertising companies in China.

In 2003, Jiang Nan Chun founded the multi-media technology (Shanghai) Limited and Focus Media (China) Holdings Limited.

Jiang Nan Chun has been selected as the media figure of the year 2003 and the 2003 "outstanding contemporary Chinese advertiser".

2005 "China's top 10 people", 2005CCTV Chinese economic annual public nominee.

Future growth potential

In 2003, its leading Focus Media (FocusMedia) first launched a network of commercial buildings, built in Shanghai with digital multimedia technology, in the elevator waiting hall such as the big office buildings and rolling out various kinds of advertisements with LCD TV.

In just 19 months, it has developed from Shanghai to more than 40 cities in the country; the network coverage has grown from the initial more than 50 buildings to more than 6800 buildings; the liquid crystal information terminal has developed from more than 300 to more than 12000; it has covered tens of millions of Chinese middle and high income groups; the profit from the initial about 1000000 turnover to the monthly profit now is about 10000000 yuan, with a 75% share.

At present, Focus Media has pushed sub business to Asia Pacific region such as Hongkong, Singapore and Indonesia.

In July 13, 2005, Focus Media listed on NASDAQ.

Overnight, Jiangnan Chun jumped to $270 million.

But his ambition is not to become a rich man, but to become a historical subversive.

Jiang Nan Chun said that if we want to subvert an industrial structure, the most important thing is to change our thinking. One is thinking in opposite directions, the other is thinking from different angles to change some ideas of thinking.

So in Jiangnan Spring's mind, there are no industrial agriculture, service industry, third industry, and financial industry.

Jiang Nan Chun defines his industry as a boring industry.

He felt that Chinese enterprises listed on NASDAQ were basically boring industries. The first generation was represented by Sina, and later was invented by Ding Lei. The third kind of boredom was invented by Chen Tianqiao.

After them, the company became a successful company using the boring time to turn into cash.

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Three, Shi Zhengrong (president of Suntech Solar Power Co., Ltd.)

The "new world" of solar energy industry

3 years ago, Shi Zhengrong was founded by Suntech government with a loan of 6 million 500 thousand dollars from the Wuxi government. After 3 years, Suntech has become a famous brand in the international photovoltaic industry. In 2005, it was listed in New York, and personal wealth amounted to 2 billion 200 million dollars.

Background introduction

Dr. Shi Zhengrong, the president of Suntech Solar Power Co., ranked 350th in the world rich list of Forbes, ranking fourth in the Australian rich list, becoming Australia's only richest Chinese among the world's richest list, with a fortune of 2 billion 200 million dollars.

Future growth potential

In January 2001, Shi Zhengrong returned to his hometown of Wuxi and founded Suntech solar power company.

At that time, it was a good time for the Chinese government to attract overseas students to contribute home. The government of Wuxi offered $6 million 500 thousand to help him start his own business.

Suntech is mainly engaged in research, manufacture and sales of crystalline silicon solar cells, components and photovoltaic power generation systems.

In just 3 years, Suntech has increased its capacity by 12 times to 120 MW solar cells.

Through continuous technological innovation, Suntech has become a famous brand in the international photovoltaic industry. Suntech accounts for 60% of China's total production and ranks fifth in the world.

In 2004, it was named the top ten solar cell manufacturers in the world.

In 2005, Shi Zhengrong listed its $225 million company on the New York stock exchange. Its stock price jumped 41%. on the first day of its listing. Now the company has raised funds from the market to US $5 billion 500 million.

A recent European study reported that solar power will account for 30% of the total energy supply by the middle of this century, and this proportion will rise to 70%. by the end of this century. Shi Zhengrong said: "the solar energy industry is the future of energy development."

Influenced by Shi Zhengrong's miracle, a large number of Chinese companies are flocking into the solar photovoltaic industry.

But he believes that the real competitor of solar energy is the traditional power generation industry, such as thermal power generation.

"If the price of solar panels falls to US $2 or even US $1.5, the cost of thermal power generation is almost the same."

In order to make the price of terminal products battery continue to decline, technological innovation and equipment pformation must be carried out. Using thin-film batteries is one aspect.

That is to change the original 300 micron battery to a thinner battery, which can generally reach 2 to 3 microns.

Shi Zhengrong said: "assuming that the conversion rate of the thin film battery is the same as that of the existing mature polysilicon battery, that is more than 15%, the future market will be the world of thin film batteries."

As the overlord of sunrise industry, Shi Zhengrong will undoubtedly have broad influence in the future.

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Four, Wong Kwong Yu (Chairman of Gome Yongle group)

Creating an oligopoly era for home appliance chain stores

In 2006, Wong Kwong Yu directed a $5 billion 268 million acquisition of the largest domestic appliance chain, the acquisition of Yongle by Gome.

In May 2009, Time magazine named him one of the 100 most influential figures in the world.

Background introduction

Born in 1969, Shantou, Guangdong.

In 1986, he moved to Beijing with his brother at the age of 17, launched the Gome brand in 1987, and opened several stores in Beijing in 1993. In 1999, Gome began to expand to the whole country.

Gome successfully launched in Hongkong in 2004.

Future growth potential

In 2006, Wong Kwong Yu's "Gome" territory expanded at its fastest speed:

In terms of household appliances, we enter into high-end electrical appliances, create Peng run electric appliances, purchase Yongle electric appliances, and achieve the goal of 800 chain stores in China.

Wong Kwong Yu set a new target for the new group: the plan took more than a year, and at the end of 2007, the number of stores was broken through 1000, the annual turnover exceeded 100 billion yuan, and efforts to enter the world's top 500 in 2008.

Enter the field of clothing circulation -- a commercial project invested by 3 billion 800 million yuan, "Peng run international fashion trading center". In addition, the "Peng run international fashion exchange center" is a commercial project with very scarce professional fashion industry. Its initial investment return rate can reach 20%-25%. It is regarded as the most valuable business item in 2006 by the industry.

In addition, the United States joined the world's largest pharmaceutical chain Walgreens to enter the pharmaceutical circulation industry.

Founded by Gome, it cooperates with Dalian Wanda Group to develop commercial real estate.

Acquisition of Zhongguancun construction...

Wong Kwong Yu's reputation is attributed to the spirit of commercially sensitive and innovative spirit. The magazine of the United States once rated him as one of the 100 most influential figures in the world.

But his ambitious ambition is worrying. "Investigation door" made Wong Kwong Yu embarrassed.

Now, Wong Kwong Yu, who carries two main businesses with real estate and household appliances, is very busy. He once admitted that he yearned for nine to five years of life, and he had no idea of being busy.

As the first Chinese private enterprise to break through 100 billion, Huang Guang will become a symbolic figure in the future, and the control of home appliance terminals will show its strong influence.

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Five.

The "responsible rich" who donated tens of millions of dollars

"He may be the fastest rabbit running in the Internet age," said Ding Lei, who survived the Nasdaq stock market from the junk stock to the Internet star.

Ding Lei donated $10 million to Zhejiang University in 2006, which reflects the social responsibility of a wealthy person.

Background introduction

Born in 1971, Han nationality.

In 1993, he graduated from the University of Electronic Science and technology of China. He worked in Ningbo Telecom Bureau of Zhejiang province in 1993, and founded NetEase company in 1997. Now he is the chief architect of NetEase -1995.

In 2006, Ding Lei and Duan Yongping donated 40 million US dollars to the prestigious Zhejiang University in the form of personal donations and fundraising, becoming the largest social donation in Zhejiang University history.

Among them, Ding Lei donated 10 million US dollars to the public.

Future growth potential

2002 is a lucky year for Ding Lei.

Through Internet games, SMS and other income, Internet content provider NetEase for the first time to achieve annual profit of 43 million yuan, NetEase shares rose sharply.

But Ding Lei has been sinking for two years.

In November 2, 2006, Forbes's 2006 China rich list was released. As the richest Internet player in 2005, Ding Lei unexpectedly fell out of the top ten, while only 100 of the top 100 came from the Internet.

Does this mean that the phenomenon of red flag flying in the Internet industry of the rich list in 2005 is gone forever? According to the data, some enterprises who have joined the VC industry since 2005 have been active in the Internet, IT and communications industry for a long time. They have rich experience of guiding enterprises to grow up and actually know the needs and conditions of every stage of enterprise development, such as Shen Napeng, Zhou Hongjie, Deng Feng, Lin Xinhe, Tang Yue, Wang Shen, Tian Suning and so on.

All this shows that the Internet is booming.

As a big brother of China's Internet, Ding Lei is more energetic than ever. Both online games and portals have done quite well.

Despite recent bottlenecks in performance growth, stock prices are not ideal.

But it is just the question of the rich list that only shares the theory of heroes.

In addition, Ding Lei has set an example in balancing personal wealth and social responsibility.

In 2006, Ding Lei personally donated $10 million to Zhejiang University. Many of the rich were influenced by them and joined the donations.

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Six, Ma Yun (Chairman and chief executive officer of Alibaba)

Build a "102 year Alibaba"

Ma Yun and his team have created the first number of China's Internet business, and are the most original business models of the ideal and doers.

He enriched the commercial content and behavior of global and Chinese businessmen, and contributed a classic website to global traders in the late twentieth Century: Alibaba Alibaba.com.

Background introduction

Born in Hangzhou in October 1964.

He graduated from the Department of foreign languages of Hangzhou Normal University in June 1988.

In early 1999, Ma returned to Hangzhou to start a business of 500 thousand yuan to develop Alibaba website.

Ma Yun is the first Chinese entrepreneur to get on the cover of Forbes, the US financial magazine. In October 2000, he was named one of the 100 "future leaders" in the world by the World Economic Forum (2001).

In recognition of his contribution to the innovation of business models and the help of enterprises to enter the international market to achieve globalization.

Future growth potential

In January 2000, Alibaba joined hands with the world's leading Internet investor, the Softbank, to introduce the $20 million investment in the soft base. At the same time, it cooperated with the Softbank to develop the local Alibaba international trade website in Japanese, Korean and a variety of European languages.

In 2001, Alibaba launched the "China supplier" service to recommend China's excellent export enterprises and commodities to the world. At the same time, it launched the "Alibaba recommendation buyer" service, and allied with the international purchasing group WAL-MART, general electric, Markant and Sobond to jointly purchase pnational products online.

In 2001, Harvard Business School opened the MBA case of Alibaba management practice in China, and once again selected Alibaba's management practice in pition as a case study.

In September, Forbes, the US authoritative financial magazine, once again selected Alibaba as one of the best B2B sites in the world. It is China's only selected website.

In May 2003, Alibaba invested 100 million yuan to launch its personal online trading platform, Taobao (Taobao.com), to build the world's largest personal trading website.

In the global authoritative Alexa2004 ranking, Taobao ranked the top 20 in the global web site ranking, and China's e-commerce website ranked first.

In October 2003, Alibaba created an independent third party payment platform, Alipay, which formally entered the field of electronic payment. At present, Alipay has established strategic cooperation with major financial institutions such as ICBC, construction bank, Agricultural Bank and China Merchants Bank, international VISA international organization, and has developed very rapidly.

Ma Yun, a magnificent network Empire, entered the cloud.

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Seven, Yu Minhong

A "teaching worker" who got rich overnight.

New Oriental, the largest private education service in China, was listed in the US in September 2006, opening up a global market for China's education industry.

Listing also made founder Yu Minhong's personal wealth of 270 million dollars, which is a miracle of China's education industry.

Background introduction

Yu Minhong is 44 years old. He started his career as an English teacher at Peking University.

In September 1991, Yu Minhong resigned from Peking University, entered the field of private education, and seized the business opportunities of China's education market.

In 1993, it founded the New Oriental School, known as China's largest private education service, and was listed in the US in September 2006.

Yu Minhong, who owns 31% of his total assets, reached 270 million dollars overnight and became the richest teacher in China.

Potential for future development

Yu Minhong seized the opportunity of China's private education.

According to China's current policy, every family has only one child, so most parents attach great importance to their children's education. Many young people are training English in order to go abroad.

On the other hand, in order to prepare for the 2008 Beijing Olympic Games and meet the needs of international trade, the Chinese demand for proficiency in English is even stronger.

Since the founding of New Oriental Training School in 1993, 3 million students have participated in New Oriental training.

Every year, nearly 50 thousand students come here to receive education. A group of young students are trained to go confidently into the strange world. A group of young teachers here are happy to play their talents.

New Oriental's revenue and profits come mainly from the English test tutorial course. In China's market, the company has almost monopolized advantages.

Affected by these factors, IPO of New Oriental has been a success. The issue price has exceeded the price range of $11 to $13 previously expected, and has been over subscribed 35 times.

Yu Minhong once visited Princeton University and shocked the fellow travellers. In libraries, restaurants and shops, Chinese students who met with black hair would call Yu Minhong "Yu teacher".

This pleased Yu Minhong.

He will start a career with something and beyond money (above money).

More importantly, in an increasingly cosmopolitan China, Yu Minhong will have huge civilian influence.

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Eight, Qiu Guang and chairman of Semir group

The old horse in traditional industries

In the traditional industry, we should adopt innovative virtualization management mode, integrate all resources, and keep growing at more than 50% per year in 10 years.

Background introduction

In 1973, he returned to his hometown as a veterans, and in 2006, he ranked 137th in the Hurun rich list with his personal wealth of 2 billion 200 million yuan.

Future growth potential

Qiu Guang summed up four characteristics different from other enterprises to Semir.

First, the different business models, Semir summed it up as a "four wheel drive" mode, that is, enhance brand image, strengthen virtual mode, improve research and development, improve marketing system.

Semir takes the mode of virtual management, concentrates its efforts on enterprise management and brand management, and develops rapidly with high starting point, high positioning and light load.

So far, there are more than 1800 stores in the country.

Two, business style is different.

Semir's style is to make long boards long and outboard short boards. Semir thinks that clothing is the edge industry of high technology, and strive to seek professional partners to carry out highly integrated resources.

In a sense, integration is the biggest innovation of Semir.

Three is to have a dynamic team, nearly 90% of employees have a college degree or above, which will become a magic weapon in Semir's future market competition.

The four is Semir's development speed is relatively fast, almost maintain the annual growth rate of more than 50%.

Semir is pursuing not only rapid development, but also scientific development.

Qiu Guang and he believed that the development of enterprises should be viewed from a large perspective. Enterprises should be bigger, stronger and longer than before, and become a leading enterprise in the industry. First of all, they must have a good mission and vision, and then make a feasible strategic plan for the realization of this mission and vision, and promote, develop and implement with the help of excellent corporate culture and good team.

Over the past decade, Semir has won numerous auras: from 1999 to 2001, Semir brand clothing has been awarded the first class standard of casual wear standards for three consecutive years (the highest level in the country); in December 7, 1999, in the most authoritative BF 99, BFQ Fashion Festival and the third Fashion Design Expo awards, Semir won the award of "China's most fashionable men's wear brand" and "China's best men's wear design award". In recent years, Semir clothing has also been rated as "China's consumer trustworthy product", "China's most popular consumer brand" and "China's famous leisure apparel brand".

Semir enterprises have been appraised as "the key enterprises of famous township enterprises in the whole country" and "the 100 strong enterprises in the national garment industry".

In Chaoyang industry, Chaoyang enterprises have achieved success, and Qiu Guang undoubtedly has great demonstration significance.

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Nine. Zhuang Zhi (president of Ingmar (China) Co., Ltd.)

The "pporter" of enterprise talent blood

It pioneered the Chinese people's fair and planned to build China's largest human resource industry platform in three years. In twenty-first Century, China's most talented and talented human resource training and output undoubtedly occupied the commanding heights of social human resources.

Background introduction

Zhuang Zhi, who was born in 1974, founded Ingmar (China) Limited in Suzhou in 2002. He sent 1000 other foreign-funded enterprises, IT, machinery manufacturing and hotel services, to other high quality professional services in terms of talent and human resources.

He has been awarded the 2005 China human resources "financial intelligence annual news personage Award".

Future growth potential

Ingmar (China) Co., Ltd. is a "dark horse" that has jumped out of human resource market in recent years.

In just three years, Ingmar (China) Limited has 6 subsidiaries, and its talent pmission accounts for the vast majority of the local share. In 2005 alone, the company installed 25 thousand blue collar workers.

The company has become the largest, most standardized and best service professional human resource and educational training service in Suzhou. It has a high reputation and reputation in China.

In September 22, 2006, the world Management Review Magazine hosted and released the list of the top 100 brand names of the world management review human resources service, and Ingmar once again won the list.

The company is not only China's only listed labor dispatch company, but also the fastest rising company in the year, from ninety-fourth last year to fifty-eighth.

At the same time, Ingmar is the youngest company in the top 100, and has been in the top of human resources in just a few years after its establishment.

In November 8, 2006, Ingmar won the award in the 2006 first "prediction and miracle - China's most growing and innovative enterprise award" awards, hosted by Standard Chartered Bank and supported by the small and medium enterprises Division of the national development and Reform Commission.

At present, Ingmar proposed the 2025 China Expo to enter the global human resources exposition and the company's goal of achieving "two guarantees three" in the global peers.

In the words of "no thief in the world", what is the most important thing in twenty-first Century? Talents, and those who can integrate human resources, are undoubtedly more valuable.

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Ten, Zheng Yuanbao (Chairman of Renmin Electric Group)

Cheetah's billion people business

In the past 18 years, a large conglomerate with 12 wholly-owned subsidiaries, 85 holding member enterprises and more than 1800 sales subsidiaries and a total annual output value of 12 billion yuan has been built from scratch.

The "people's speed" and "people's model" have been created.

Background introduction

Zheng Yuanbao, the first generation of Chinese private entrepreneurs born in Zhejiang, Yueqing, started from low-voltage electrical appliances. In 18 years, it developed into a comprehensive group enterprise with an annual output value of 12 billion yuan. It was also known as the "king of mergers and acquisitions" because of its astonishing mergers and acquisitions.

Zheng Yuanbao is keen on public welfare and philanthropy.

He and the people's Electrical Appliance Group donated money to the community totaling about 70000000 yuan, which was listed among hundreds of philanthropists in the Forbes China Charity list.

Future growth potential

Zheng Yuanbao's outstanding ability lies in the full integration of resources.

He believes that "a private enterprise must turn from a limited scale to an unlimited scale, and a limited strength will become an unlimited strength. Only by integrating resources can we build an aircraft carrier."

Zheng established a foundation in the 11 subsidiary companies of the people's electrical group. Each subsidiary will pay a certain amount of idle funds to the foundation, thus forming a huge sum of funds in the group. These funds will be used for re expansion and Reinvestment so as to achieve "limited profits and unlimited investment".

People's electrical appliances should take full advantage of various preferential policies in the development of the country.

Zheng Yuanbao categorized it into four categories: first, the core technology policy, many preferential policies launched by the state in science and technology innovation; two, the regional development policy, such as supporting the PRD in the past, later supporting the Yangtze River Delta, and now supporting the construction of the northeast old industrial base and the rise of the central region, where the national policy goes, and the preferential policies there.

The third is legal policy. It should not only use the preferential policies in the law to reduce the cost of enterprises, but also avoid breaking the law to reduce the unnecessary additional costs of enterprises.

The fourth policy is poverty alleviation policy. Supporting charitable projects is beneficial not only to society, but also directly and indirectly to the development of enterprises in the short run and long term.

People's Appliance Group has been among the top 500 Chinese enterprises in just a few years, and the world's machinery 500 has been forced.

The "people" trademark has been identified as "China famous trademark", and the "people" brand value has been evaluated by the world brand laboratory for 3 billion 892 million yuan.

At present, the people's Appliance Group has developed into a large conglomerate with 12 wholly-owned subsidiaries, 85 holding member enterprises, more than 800 processing cooperation enterprises, more than 1800 sales branches and more than 18000 employees, with an annual output value of 12 billion yuan.

The development speed and mode of people's appliance group are known as "people's speed" and "people's mode".