Characters Integrity, harmony, and professionalism There are two sentences that need to be explained first. First, today's Zoomlion has already possessed sufficient leadership qualities in the industry. Their corporate profits have ranked first for several years in a row. Second, behind a successful company, there must be an outstanding entrepreneur. We believe that Zhan Chunxin has all the characteristics of a good entrepreneur.
Early 1994. Zoomlion is still in the start-up phase. The concrete pump they produced has just opened the market, and the hard-to-sell products have begun to be used by customers on a large scale. However, the problem has arisen. Due to the advent of summer, the weather is hot and the oil temperature of the hydraulic oil rises rapidly, causing the pump to work poorly. Relevant news arrived in succession, the company began to "fire" everywhere to solve the machine's problems.
Compared with the situation in which Haier Zhang Ruimin’s rant about refrigerators was spread almost as far as women and children were concerned, the story of Zhan Chunxin’s “actively stop production†was barely known to the outside world. Over the years, Zhan Chunxin rarely recalled this matter. Even employees inside Zoomlion knew not many people. But it was this matter that allowed Zhan Chunxin's entrepreneurial life to thump and start, as Zhan Chunxin said: “The key to whether a company can be a century-old shop is to have a sense of responsibility in people who do business. There is no one who does not have a sense of responsibility. Ways to continue to make money. It's a one-stroke deal. How can it continue?"
If Zhan Chunxin’s initiative to suspend production reflects the entrepreneur’s integrity and responsibility quality, then his broad thinking, harmonious coordination, and respect for multiple stakeholders during the process of mergers, acquisitions, and mergers and acquisitions will be reflected. It is a concentrated display of Zhan’s temperament as a good entrepreneur.
On a public occasion, Zhan Chunxin once had a passionate speech on the merger and acquisition of Puye. He said:
— We have never been as easy and dynamic as we are today. Puyi is an old enterprise. Under the planned economic system for many years, all responsibilities that should have been borne by the government were borne by the company. The metaphor of an image is like a huge bandit on a seedling. The seedling has grown very naturally, but the outside has given it so much pressure. Our “restructuring and merger†is to move this bandit. When it opened, our “restructuring and repurchasing†gave a company an unimaginable growth space. We can see that when enterprises are reformed, non-performing assets have to be divested, retirees must be properly resettled, and companies must be lightly loaded.
- We have never had so many resources to share. “Restructuring and M&A†has formed a big family in which our market resources, technical resources, and financial resources can be shared. Pu Pu has never been before, and Zoomlion has never had before. For example, the market network, Puyi has a network, Zhonglian has a network, and the winning bid also has a network. The three networks are superimposed. Everyone can think about it. This is a huge and attractive market resource, such as technical resources. Puye has formed a very good technical team for many years. Zoomlion’s predecessor was a research institute of the Ministry of Construction and the only comprehensive research institute in the country. The two technical teams are united. This technology resource is within the engineering machinery industry. No one company can compare it. No company has a subordinate research institute. As for financial resources, I think today's Zoomlion Well-funded listed companies have a well-earned reserve of funds. As long as there are projects, we can mobilize funds to ensure the funds required for the development of the company.
- We have never encountered a great market that has lasted so long. This good market will continue. The economic situation is so optimistic that the country will continue to increase investment in capital construction and will continue to start new projects. It is still necessary to maintain the level of GDP growth at this level. We are faced with unprecedented opportunities for development.
Regarding the management mode after the reorganization, Zhan Chunxin is even more of a phrase. He directly told everyone that in the enterprise, the capital bond is the only relationship of the enterprise, the shareholder meeting is the highest power decision-making body of the enterprise, the permanent establishment is the board of directors, and the general manager is the executive level. Our company is an absolutely independent company. It has only a capital bond and does not belong to anyone. Therefore, after the merger and reorganization of the company, the management must not be managed in multiple ways. It cannot be said that there is an office in Pulian, and there is also an office in Puyi Limited. The China United Office of the United Nations will follow the instructions of the Puyi Office. That is wrong. That is not the relationship between the provincial government office and the municipal government office. It has no administrative affiliation. Only if this relationship is established, companies can do great. If it is an administrative affiliation, companies do not do much. Enterprises must do great work and must establish a scientific system for capital operation of enterprises.
Zhan Chunxin’s ability to coordinate and control the macroeconomic situation of the company is obvious to all. After understanding the management style of Zhan Chunxin, the Hunan Provincial Party Committee and Provincial Government planned to arrange him to be the chief responsible person in the important government management department and the prefecture and city government. However, Zhan Jun declined to say a word. His reason is very simple. He is an engineer and technology is his talent. He has been working in the enterprise and the company is his development field.
Nowadays, as an outstanding entrepreneur, Zhan Chunxin has already possessed the valuable qualities that the three entrepreneurs of honesty, harmony and professionalism must possess. Together with the completion of corporate restructuring, Zhan has completed a career in the sense of property rights. The process of complete transformation of managers to entrepreneurs. This process, regardless of the development of Zoomlion, or Zhan Chunxin, has a great landmark.
The Experts Commented on the Harmonious Institutional Reform On March 31, 2006, the Zoomlion was successfully restructured.
Objectively speaking, this is a state-owned enterprise restructuring plan that is very local in Hunan. The Hunan Provincial State-owned Assets Supervision and Administration Commission still holds 62% of the shares in the Changsha Construction Machinery Research Institute Co., Ltd., which shows that Zoomlion is clear from “property rightsâ€. The modern enterprise system still has a long way to go, but for the management and employees of Zoomlion, this is almost a perfect institutional advancement, a thorough recognition of corporate common sense, and from this, they will be in a norm. Under the framework of the sexual system, as a strong owner of property rights, it seeks greater development for its own business.
We visited an institution in Beijing that specializes in research on changes in the property rights of state-owned enterprises in China. The person in charge believes that the restructuring board identified by Zoomlion is clearly cautious, an efficient compromise for the interests of all parties, and for multiple interests. The reasonable respect reflects the concept of "harmony" advocated by the central government.
Zhan Chunxin, chairman of Zoomlion, is very apt in his words, and he thinks: “This is not a compromise. I’m honest. What’s really good is the boss of a state-owned company. It really depends on the country. The real capitalist is very difficult to be. Our management team and employees of Zoomlion think that the interests of the enterprise are the greatest interests, and that the development of the enterprise and the creation of profits by the enterprise are the most important ones.As the company develops, the investors can obtain more income. Our management team and employees The personal value can also be reflected on this platform, so I think that Zoomlion’s finalized reformation plate reflects the maximization of resource utilization and the win-win situation of the multiple property rights factor.â€
At this time, if we are confined to the enterprise restructuring plan itself, our perspective may become narrow. Zhan Chunxin said very well. "In order to achieve today's institutional renewal, Zoomlion has spent 10 years of hard work and hard work." The history records the evolution of each system of Zoomlion. Each time a small step is taken, each small step is a breakthrough to the original system. Each small step is carefully detailed between the interests of all parties. Considering that each consideration has brought business risks to the management of the company, it is even the risk of individual business.
Early 1994. Zoomlion is still in the start-up phase. The concrete pump they produced has just opened the market, and the hard-to-sell products have begun to be used by customers on a large scale. However, the problem has arisen. Due to the advent of summer, the weather is hot and the oil temperature of the hydraulic oil rises rapidly, causing the pump to work poorly. Relevant news arrived in succession, the company began to "fire" everywhere to solve the machine's problems.
Compared with the situation in which Haier Zhang Ruimin’s rant about refrigerators was spread almost as far as women and children were concerned, the story of Zhan Chunxin’s “actively stop production†was barely known to the outside world. Over the years, Zhan Chunxin rarely recalled this matter. Even employees inside Zoomlion knew not many people. But it was this matter that allowed Zhan Chunxin's entrepreneurial life to thump and start, as Zhan Chunxin said: “The key to whether a company can be a century-old shop is to have a sense of responsibility in people who do business. There is no one who does not have a sense of responsibility. Ways to continue to make money. It's a one-stroke deal. How can it continue?"
If Zhan Chunxin’s initiative to suspend production reflects the entrepreneur’s integrity and responsibility quality, then his broad thinking, harmonious coordination, and respect for multiple stakeholders during the process of mergers, acquisitions, and mergers and acquisitions will be reflected. It is a concentrated display of Zhan’s temperament as a good entrepreneur.
On a public occasion, Zhan Chunxin once had a passionate speech on the merger and acquisition of Puye. He said:
— We have never been as easy and dynamic as we are today. Puyi is an old enterprise. Under the planned economic system for many years, all responsibilities that should have been borne by the government were borne by the company. The metaphor of an image is like a huge bandit on a seedling. The seedling has grown very naturally, but the outside has given it so much pressure. Our “restructuring and merger†is to move this bandit. When it opened, our “restructuring and repurchasing†gave a company an unimaginable growth space. We can see that when enterprises are reformed, non-performing assets have to be divested, retirees must be properly resettled, and companies must be lightly loaded.
- We have never had so many resources to share. “Restructuring and M&A†has formed a big family in which our market resources, technical resources, and financial resources can be shared. Pu Pu has never been before, and Zoomlion has never had before. For example, the market network, Puyi has a network, Zhonglian has a network, and the winning bid also has a network. The three networks are superimposed. Everyone can think about it. This is a huge and attractive market resource, such as technical resources. Puye has formed a very good technical team for many years. Zoomlion’s predecessor was a research institute of the Ministry of Construction and the only comprehensive research institute in the country. The two technical teams are united. This technology resource is within the engineering machinery industry. No one company can compare it. No company has a subordinate research institute. As for financial resources, I think today's Zoomlion Well-funded listed companies have a well-earned reserve of funds. As long as there are projects, we can mobilize funds to ensure the funds required for the development of the company.
- We have never encountered a great market that has lasted so long. This good market will continue. The economic situation is so optimistic that the country will continue to increase investment in capital construction and will continue to start new projects. It is still necessary to maintain the level of GDP growth at this level. We are faced with unprecedented opportunities for development.
Regarding the management mode after the reorganization, Zhan Chunxin is even more of a phrase. He directly told everyone that in the enterprise, the capital bond is the only relationship of the enterprise, the shareholder meeting is the highest power decision-making body of the enterprise, the permanent establishment is the board of directors, and the general manager is the executive level. Our company is an absolutely independent company. It has only a capital bond and does not belong to anyone. Therefore, after the merger and reorganization of the company, the management must not be managed in multiple ways. It cannot be said that there is an office in Pulian, and there is also an office in Puyi Limited. The China United Office of the United Nations will follow the instructions of the Puyi Office. That is wrong. That is not the relationship between the provincial government office and the municipal government office. It has no administrative affiliation. Only if this relationship is established, companies can do great. If it is an administrative affiliation, companies do not do much. Enterprises must do great work and must establish a scientific system for capital operation of enterprises.
Zhan Chunxin’s ability to coordinate and control the macroeconomic situation of the company is obvious to all. After understanding the management style of Zhan Chunxin, the Hunan Provincial Party Committee and Provincial Government planned to arrange him to be the chief responsible person in the important government management department and the prefecture and city government. However, Zhan Jun declined to say a word. His reason is very simple. He is an engineer and technology is his talent. He has been working in the enterprise and the company is his development field.
Nowadays, as an outstanding entrepreneur, Zhan Chunxin has already possessed the valuable qualities that the three entrepreneurs of honesty, harmony and professionalism must possess. Together with the completion of corporate restructuring, Zhan has completed a career in the sense of property rights. The process of complete transformation of managers to entrepreneurs. This process, regardless of the development of Zoomlion, or Zhan Chunxin, has a great landmark.
The Experts Commented on the Harmonious Institutional Reform On March 31, 2006, the Zoomlion was successfully restructured.
Objectively speaking, this is a state-owned enterprise restructuring plan that is very local in Hunan. The Hunan Provincial State-owned Assets Supervision and Administration Commission still holds 62% of the shares in the Changsha Construction Machinery Research Institute Co., Ltd., which shows that Zoomlion is clear from “property rightsâ€. The modern enterprise system still has a long way to go, but for the management and employees of Zoomlion, this is almost a perfect institutional advancement, a thorough recognition of corporate common sense, and from this, they will be in a norm. Under the framework of the sexual system, as a strong owner of property rights, it seeks greater development for its own business.
We visited an institution in Beijing that specializes in research on changes in the property rights of state-owned enterprises in China. The person in charge believes that the restructuring board identified by Zoomlion is clearly cautious, an efficient compromise for the interests of all parties, and for multiple interests. The reasonable respect reflects the concept of "harmony" advocated by the central government.
Zhan Chunxin, chairman of Zoomlion, is very apt in his words, and he thinks: “This is not a compromise. I’m honest. What’s really good is the boss of a state-owned company. It really depends on the country. The real capitalist is very difficult to be. Our management team and employees of Zoomlion think that the interests of the enterprise are the greatest interests, and that the development of the enterprise and the creation of profits by the enterprise are the most important ones.As the company develops, the investors can obtain more income. Our management team and employees The personal value can also be reflected on this platform, so I think that Zoomlion’s finalized reformation plate reflects the maximization of resource utilization and the win-win situation of the multiple property rights factor.â€
At this time, if we are confined to the enterprise restructuring plan itself, our perspective may become narrow. Zhan Chunxin said very well. "In order to achieve today's institutional renewal, Zoomlion has spent 10 years of hard work and hard work." The history records the evolution of each system of Zoomlion. Each time a small step is taken, each small step is a breakthrough to the original system. Each small step is carefully detailed between the interests of all parties. Considering that each consideration has brought business risks to the management of the company, it is even the risk of individual business.
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