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    "Leather Shoes Rich" Wang Zhentao Solves The Puzzle Of Wealth Growth

    2007/11/18 0:00:00 10471

    Wang Zhentao

    Although the EU shoe market is still frozen, the expansion of AOKANG group, which has taken the lead in accusing the European Union, has not been frustrated.

    In 2007, the largest private shoe manufacturer in Zhejiang first became a supplier of leather products for the Beijing Olympic Games. After that, it established 3 international companies in the United States, India and Hongkong, China, and formed a global strategic partner with the world's largest management consulting company, Kearney, to sign the "International fashion leather city" with the "leather capital of China", Guangzhou Shendu Town, Huadu.

    Behind the frequent moves is the acceleration of personal wealth accumulation of Wang Zhentao, chairman of AOKANG group, which is listed in both Hu Run list and Forbes list.

    For the secret, the Wenzhou entrepreneur is very low-key: "AOKANG is based on consumer demand to formulate enterprise strategy."

    If it's only a strategy of 1 years, grow bamboo. If it's 5 years, you need to grow pine trees. If it's 100 years, you will grow cypress trees.

    Investment decisions: even mistakes should be implemented in the morning post: before investing in the "leather goods city" and the three largest overseas companies, AOKANG has built the "west shoes capital" and the commercial pedestrian street in Chongqing and Hubei Huanggang respectively.

    What is the basis for this consideration?

    Wang Zhentao: through years of investment practice, I have three points: first, no money to invest; two, no money to earn; three, money to invest and earn money, but no one to do it.

    At the same time, AOKANG also has a rule: once any decision is made, even if it is wrong, it must be implemented and corrected in the course of execution.

    Because for an enterprise, the cost of decision-making is the biggest.

    There are some immature conditions for AOKANG to establish a company overseas, but it must be implemented and the plan should be corrected in execution.

    For investment, time is more important than money.

    Zaobao: while implementing external investment, AOKANG is also working with Kearney to make a comprehensive diagnosis of AOKANG's current management system.

    How to understand this kind of "internal and external simultaneous actions"?

    Wang: there is a background for this cooperation, which is the listing of BELLE.

    It enlightens us that we must change from the rapid growth of the past to continuous growth, from product and brand operation to capital management.

    To cooperate with Kearney is to enter the capital market.

    At the same time, it is also hoped that through cooperation, a comprehensive "physical examination" before the listing and good internal strength will lay a foundation for AOKANG to play a bigger role in the international arena.

    Olympic marketing: a bad morning will become a "burning money campaign" Morning Post: please talk about AOKANG's experience in becoming the Olympic "sponsorship corps".

    Wang: I have said how far the Olympic Games can be and how far AOKANG can go.

    There are two meanings: first, to contribute to the Olympic Games and to contribute to the Olympic Games; the two is to rely on the Olympic Games and let the Olympic resources be used by us.

    To some extent, sponsorship of Olympic Games is the most expensive sponsorship in the world. If it is not well handled, it will probably become a "burning money campaign".

    Sponsoring the Olympic Games is not an ostentation but a promotion of influence and dissemination of brands, and a breakthrough in marketing through the Olympic Games.

    Zaobao: as a supplier of leather products, what has AOKANG done?

    Wang: AOKANG leather products Co., Ltd. was put into operation in June. In August, 2008 trunk cases were officially delivered to the Beijing Olympic Organizing Committee, which opened our prelude to sponsoring the Olympic Games.

    At the same time, it also launched a number of Olympic related plans, such as helping 60 Olympic champions to realize their dream of public welfare.

    Of course, the cooperation between AOKANG and the Olympic Games can not only stay in a competition in 2008, but more importantly, the follow-up events.

    In addition, we have joined up with Britain to win cooperation with the 2012 London Olympic Games.

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