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Author: Zhang Friends of Red
Source: Business People (ID: biz-leaders)
even, a steel empire collapsed, a capital rise of the Empire, is also very good. Unfortunately, the actual story is not this routine.
Marshal
In the early morning of June 4, 1928, "Northeast King" Zhang Zuolin suffered "Huanggutun incident" and died of serious injuries. Thirteen days later, 28-year-old Zhang Xueliang set off from Guannei to Fengtian and took over the command of the Northeast Army.
This is a piece of history that middle school students must recite. It also includes Li Zhaohui, Wenxiren, Shanxi.
On January 22, 2003, "Steel King" Li Haicang was shot to death in his office. He is also the vice chairman of the All-China Federation of Industry and Commerce, the 27th richest man in China in 2002 by Forbes, and the chairman of Shanxi Haixin Steel. 28 days later, 22-year-old Li Zhaohui succeeded Haixin Steel as chairman. The
legend has the same beginning.
Li Haicang
Haixin Steel was founded by Li Zhaohui's father Li Haicang. Starting with a loan of 400,000 yuan, Li Haicang developed a coking plant into a steel group. As of the death of Li Haicang, Haixin Steel has been developing rapidly. Li Haicang has expanded at a rate of one branch per year and has become the largest private enterprise in Shanxi and the second largest private steel enterprise in the country. Dong Pengxiang, secretary of the Wenxi County Party Committee, where Haixin Iron and Steel is located, once said at a cadre meeting: “Of your three steamed buns every day, two are given by Li Haicang.”
mentioned in a 2003 report by "Chinese Entrepreneur" One detail: Many people have confirmed that for many times at , Haixin has gone through hardships to complete a major event, and Li Haicang will find a place where no one can cry.
Li Zhaohui later got a note from the waiter in the hotel, on which Li Haicang was full of his hard work. He once said before his death: I don't want my children to engage in businesses, and I don't want them to be as tired as myself.
Li Haicang’s family has 6 brothers and no sisters. The eldest brother Li Tiancang is one of the four veterans who started his business with him. He once served as the general manager of the group and then quit. The second brother is the company's big assistant, in charge of Haixin's railway transportation and warehouse, and also belongs to the company's senior management cadres. The fourth child drove to Li Haicang first, and was later promoted to the company's vice president, responsible for the company's discipline inspection department. The fifth younger brother Li Tianhu is another university graduate of the Li family. He graduated from North China Electric Power Institute and was assigned to the Electric Power Bureau. In March 1993, he resigned and joined Haixin and became the general manager of the group. The sixth brother Li Wenjie, after finishing college in China, went to Australia to study marketing, and returned to the company to manage sales after returning home.
Li Haicang did not leave a will. Grandpa
led the succession. Li Zhaohui's grandfather was the chairman of the county CPPCC. At the last board of supervisors. Grandpa expressed his opinion that the son inherited his father's business.
22-year-old Li Zhaohui is not reluctant to take on such a big business empire. What my father left was an area of 3.6 square kilometers, with three railway coking plants, Haixin Steel Co., Ltd., Haixin Investment Co., Ltd., Haixin Steel Rolling Co., Ltd., Haixin International Steel Co., Ltd., Haixin Real Estate Development Co., Ltd., Haixin Xin Gong Cement Co., Ltd. and other seven independent legal entities have a total of 14 business empires with branches. Grandpa
has the final say. Grandpa has absolute authority in the family. He served as the secretary of the brigade and led the village out of poverty until Li Haicang's death. He also ran a factory with a profit of tens of millions a year.
Li Zhaohui once said when he took over, "The company belongs to my father, and I can't let it lose to me." "Now wealth is a kind of pressure for me. I understand that Haixin has more than 9,000 people waiting for me to eat. Making mistakes in decision-making will destroy many people's jobs. This pressure is too great for me."
Li Zhaohui
Before this, he mentioned to his father that he likes cars, and his father said that he can set up a car factory after returning to China.
z1After z succeeded to the throne, a reporter interviewed Li Zhaohui. The 22-year-old was young and unprepared. He stared at the reporter and asked, "What do you think if you are in my position?" After theHuanggutun incident, Zhang Xueliang 13 days later Only when he returned to Fengtian, his nephew later recalled that "he changed from a young man to an adult. He has a struggle in his heart, and his family can feel it." The
became the king
, and perhaps it was a force of grief. Two years before he took office, Li Zhaohui also did a good job with Haixin.
It is said that he worked very hard at first, traveling non-stop, madly supplementing his knowledge of steel, and quickly understood the responsibilities of the chairman, "30% of the time stands in the position of decision-makers to make decisions, and the remaining 70% will be friends Meet the officials."
In 2003, Haixin Steel's total assets reached 5 billion yuan, surpassing the 4 billion yuan that his father left. In 2004, Haixin Steel's total assets reached more than 7 billion yuan, becoming the largest taxpayer among Chinese private enterprises that year. The
state has been maintained for two years, and Li Zhaohui's attention has changed.
From 2004 to 2007, Li Zhaohui became famous in the capital market. The first order of his experiment was Minsheng Bank.
In November 2004, Shanxi Haixin Industrial Co., Ltd., a subsidiary of Haixin, acquired 160 million shares of Minsheng Bank held by CNMC at a price of 590 million yuan, and sold them at the high point of the bull market in the first half of 2007. The investment of
gave Li Zhao a sense of accomplishment and a position different from his father. This year, Li Zhaohui was promoted to No. 78 on the Hurun Report, with a wealth of 15 billion, making him the youngest and richest man in Shanxi.
He achieved the same status as his father in wealth: the richest man in Shanxi. But the amount of wealth is far greater than what his father left for him.
After this, Li Zhao will make frequent moves in the capital market.
"New Wealth" collected Li Zhaohui’s achievements in all capital markets over the past ten years and found that:
"In the past ten years, Li Zhaohui has not only made major strides in Minsheng Bank (600016), Industrial Securities (601377), Everbright Bank (601818), Shanxi Securities (002500) and other stocks have invested in financial institutions such as Minsheng Life Insurance and Yinhua Fund. They are still trying out the secondary market, including Xinneng Taishan (000720), Wanxiang Denong (600371), Yimin Group (600824) Such as stock trading. And only the two equity investments of Minsheng Bank (600016) and Industrial Securities (601377), the profit is more than 3 billion yuan. In total, its equity investment still has a floating profit of more than 4 billion yuan. .
Minsheng Bank, Industrial Securities two equity investment, the profit is more than 3 billion yuan. Among them, Li Zhaohui in a stock of Minsheng Bank, the cost is only 610 million yuan, the amount of cash is about 3.213 billion yuan, and the floating profit is 2.6 billion yuan.
There will be cases of investment failure by Zhao Li. The most extreme losses of China Aluminum, Sinochem International, and Taiyuan Iron and Steel Stainless Steel should not exceed 240 million yuan. However, overall, its investment in the secondary market The profits and losses of several transactions were quite equal, and there were no bright spots." If the story ends like this, it would be great. A territory left by his father, a territory developed by himself.
In December 1928, the marshal Zhang Xueliang "changed the flag to the flag" and did the first thing that was different from his father's territory. He replaced the five-color flag of the Beiyang government with the red flag of the Nationalist government. This means that his father had The Anguo military government established in Beijing is gone, and the title of Generalissimo of the Army and Navy of the Republic of China left to him by his father is gone. However, the Marshal received the highest courtesy of the Republic of China at that time. This belongs to him, not his father "Northeast King" Zhang Zuolin.
However, the story is far from over.
Li Zhaohui's ten years of crazy investment is also a brilliant decade for the steel industry.
overcapacity in the industry, coupled with the country's progress in the steel industry since 2009, private steel companies have a hard time. Even Du Shuanghua, the veteran of the private steel companies who knows best to settle accounts, almost lost control of Japan Steel in the 2009 wave. At the same time, corporate profits have been declining year by year. According to statistics, the net profit ratio of listed companies in the steel industry has dropped from 8.39% in 2004 to 0.48% in 2013. At the same time, the industry-wide average asset-liability ratio has increased from 48.27%.This has risen to 65.94% today.
Li Zhaohui's situation with Haixin Steel is also a mess.
management is in chaos. Li Zhaohui drove away his uncle Li Tianhu, and also drove away entrepreneurial veteran Xin Cunhai. Please come to my uncle Li Wenjie. Li Wenjie made a bold statement in 2009 that Haixin increased its turnover by 30 billion yuan in 2009. Then nothing came of it. Later, he gave the business to his sister Li Zhaoxia. But my younger sister married and lived in Shanghai and rarely appeared in business. Haixin faces no ownership.
was torn open in funds. In 2014, an overdue loan of 3 billion yuan was not repaid in time, and the six blast furnaces of Haixin Iron and Steel went out. Next, the creditor came to the door, the bank took out the loan, and the torn hole became bigger and bigger.
In June 2014, Haixin Steel submitted a bankruptcy and reorganization plan to the local government. After the reorganization, all the original shareholders' equity was lost. In the second year, Jianlong Steel acquired 100% of Haixin Steel.
So far, the iron empire left by Li Haicang is cleared in Li Zhaohui's hands.
He became a "prodigal son".
cleared? The image of the prodigal
was frozen. Long, fat, dark face.
began to appear in the story of women, actresses.
Li Zhaohui marries Che Xiao
In 2014, Li Zhaohui divorced his original partner, actress Che Xiao, and it is said that Che Xiao received 300 million yuan in break-up fees. In the same year, he married another actress, Cheng Yuanyuan, who made her debut with a small version of "Dream of Red Mansions", with a melon face, pointed chin, and a commonly known net red awl face. In order to make Cheng Yuanyuan happy, he threw tens of millions to vote for a movie. "The Golden Robbery", "The Dream of Red Mansions" and "The Golden Heist" are the only two works that Cheng Yuanyuan can get so far.
divorced and went bankrupt, starting in 2014, it seems that he has nothing but a woman.
In December 2017, Shanghai No. 1 Intermediate People's Court restricted Li Zhaohui from leaving the country. He was remembered again. The cause of the
incident was that Haibo Xinhui (Shanghai Haibo Xinhui International Trade Co., Ltd.), a subsidiary of Li Zhaohui's sister Li Zhaoxia, loaned 200 million yuan to the bank. Term of use: January 10, 2013-January 9, 2014; Meijin Group (Meijin Energy Group Co., Ltd.), Li Zhaohui and two other Shanxi companies guarantee it.
Later, Haibo Xinhui faced major operating risks. On September 24, 2014, Meijin Group repaid the principal of 200 million yuan and interest on behalf of Haibo Xinhui. However, Haibo Xinhui and Li Zhaohui did not bear the guarantee responsibility. Therefore, Meijin Group Jin Group sued Haiboxin to benefit Li Zhaohui and asked for compensation, but Li Zhaohui did not repay. For this reason, the Shanghai No. 1 Intermediate People's Court restricted Li Zhaohui’s exit according to law. According to data released by Shanxi Jianlong, the company has realized a total profit of 426 million yuan in the first half of 2017. The name of Haixin Steel stands on the office building of Jianlong Steel. However, all of this has nothing to do with Li Zhaohui.
After the Xi'an Incident, Chiang Kai-shek put Zhang Xueliang under house arrest. The Northeast Army left to him by his father has no real relationship with him. Later, the mainland published a copy of Zhang Xueliang, a hero of the ages, saying that he was righteous to the nation. This is the mainstream public opinion's evaluation of Zhang Xueliang. Taiwan regards Zhang Xueliang as a "rebel and thief." If Zhang Zuolin is alive, I don't know how to evaluate it.
The outside world can no longer reach Li Zhaohui. It is said that he works in Beijing all year round. imprisonment is the ending of Zhang Xueliang. Li Zhaohui chose to live in self-reclusion . According to media reports, the court found that there are no assets under Li Zhaohui that can be frozen and processed. Not long ago, the two luxury houses in Beijing under Li Zhaohui's name were also taken away by the bank.
There are often legends in the capital world. I don't know if Li Zhao will give himself a hand. He is only 36 years old.