Tongxiang, Zhejiang Province, is one of the five counties and cities in Jiaxing. It is known as “the land of plenty, the home of silk, the land of hundreds of flowers, and the land of culture”. Over the years, It attracts a large number of tourists because of its beautiful environment.
And for such a geomantic treasure land with outstanding people, the economic development is naturally very good. In December 2019, Tongxiang was selected as a national urban-rural integrated development pilot zone; in December 2020, the Academy of Social Sciences released the “Top 100 Comprehensive Competitiveness of County Economy in the Country”, with Tongxiang ranked 29th, and its strength cannot be underestimated.
It is worth mentioning that Tongxiang is still one of the counties and cities with the richest entrepreneurial resources in Jiaxing. In long-term business practice, A large number of outstanding entrepreneurs have been created. Among them, the more well-known ones include Zhuang Kuilong of Xinfengming Group Co., Ltd., Chen Xuehua of Zhejiang Huayou Cobalt Industry, Zhang Yuqiang of Zhenshi Holding Group, etc.
In the latest “2021 New Fortune 500 Rich List”, the author discovered another Tongxiang billionaire-Chen Shiliang, who ranked No. 1 on the list with a wealth of 10.1 billion 428 bits.
Encyclopedia information shows: Chen Shiliang, born in January 1963, native of Tongxiang City, Zhejiang Province, college degree, senior engineer title, currently chairman of Tongkun Group Co., Ltd., Zhejiang Tongkun Holdings Chairman of the Group Co., Ltd. Over the past 30 years, he has developed Tongkun from a small insolvent factory into a leading enterprise in the chemical fiber industry. His extraordinary ability is truly admirable.
To give you a brief introduction, Tongkun Group Co., Ltd., formerly the Tongxiang County Chemical Fiber Factory established in 1982, is A large-scale joint-stock listed company with PTA, polyester and polyester fiber manufacturing as its main business, it is located in Tongxiang City, the hinterland of the Hangjiahu Plain.
Since 2002, the group has been continuously ranked among the top 500 Chinese companies and is the only company in Jiaxing City shortlisted for the top 500 Chinese companies.
Rescuing a small factory on the verge of bankruptcy and now becoming a billionaire, Chen Shiliang’s legendary hard work experience
Chen Shiliang was born in a poor family in Tongxiang. Fortunately, his parents persisted in sending him to study despite all the difficulties. Unfortunately, Chen Shiliang failed the college entrance examination and eventually had to return to his hometown to work as a substitute teacher.
In 1981, a chemical fiber factory was established in Tongxiang. Chen Shiliang actively signed up and became an employee of the factory, thus starting an important journey in his life. Turn.
Because he worked very hard, Chen Shiliang was valued by his leaders and sent him to Zhenjiang Enterprise to learn the installation, use and maintenance of spinning machines.
However, just when Chen Shiliang was about to let go of his fists and fight, the factory was also distracted due to management problems, faced bankruptcy, and was heavily in debt.
At that time, Chen Shiliang was serving as the deputy director of the factory. After continuous discussions with the local government, it was decided to change the management and promote Chen Shiliang, who had an excellent style, to the director of the Tongxiang Chemical Fiber Factory.
Chen Shiliang, under tremendous pressure, set out to clean up the serious nepotism within the company, and established a strict employee management system. He was busy Sometimes we even work on the front line with employees, which greatly inspires employees’ work enthusiasm.
On the other hand, after leading the factory to turn losses into profits, Chen Shiliang actively expanded production capacity. In 1993, the factory’s annual output value reached 65 million.
In 1995, Chen Shiliang decided to expand production capacity again and introduced the most advanced polyester production equipment at that time. Today, Tongkun Group is already a leading domestic polyester fiber manufacturing enterprise.
Data show that Tongkun Co., Ltd. achieved total operating income of 45.83 billion in 2020, a year-on-year decrease of 9.4%, and achieved net profit attributable to the parent company of 2.85 billion. Affected by the epidemic, performance declined; in 2021, In the first half of the year, Tongkun Co., Ltd. achieved total operating income of 30.19 billion, a year-on-year increase of 41.4%. The net profit attributable to the parent company was 4.13 billion, a year-on-year increase of 309.6%, and the performance surged rapidly.
Thanks to this, Chen Shiliang has become one of the few billionaires in Tongxiang.
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