Zhong Yu, Chairman of Kangde New, was invited to attend the Yabuli Forum Annual Meeting and delivered a speech

Yabuli China Entrepreneurs Forum seventeenth annual meeting in February 8, 2017 - Yabuli in Heilongjiang Province held February 11, Kant Group, Kang was new 002,450 buy Zhongyu, chairman of the group was invited to the closing ceremony He gave a speech entitled Innovation-driven Breakthrough Integration, and the entrepreneurs invited to give a speech, Yang Yuanqing, Chairman and CEO of Lenovo Group, Mao Zhenhua, founder of China Credit Management Co., Ltd., and Chairman of Zhongze Jiameng Investment Co., Ltd. eagle. Chairman Zhong Yu took the "virtual economy to suppress the real economy is nonsense" as the starting point, combined with the case of Kangdexin Group's own development, expounded that in the era of innovation economy, the net worth, the information age, the subversion and transformation become At the moment of the theme of the times, how should China's real economy develop? How can China build an innovative company with global influence and leadership?

Chairman Zhong Yu delivered a closing keynote speech

The following is a record:

Zhong Yu: Dear President Liu Mingkang, distinguished directors of Yabuli, entrepreneurs, good morning everyone. I am very honored to be invited to talk about our thinking on the transformation and upgrading of China's industry and China's manufacturing industry, net worth, and information at this closing ceremony.

The theme of my speech is “Innovation Drives Breakthrough Integration”. I have been engaged in China's manufacturing industry for 49 years. I have been engaged in industrial research and industrial management in large-scale defense enterprises for 20 years. In 1988, I resigned and went to the sea. stage director, after the resignation of the sea to Zhongguancun 000,931, buy business, but also new Zhongguancun technology industrial Development Zone, the first batch of entrepreneurs, when there were 500 enterprises, today 29 years later, this 500 probably left a dozen Home, the Conde Group is a survivor.

The main segment we created is the Kangdexin Group, which was successfully listed in 2010. During the 6 years of listing, the compound annual growth rate of profit has increased by 55%, from 2010 profit of 50 million to last year's 2 billion or so. 40 times, the market value has increased from more than 2 billion to 70 billion, the market value has increased by more than 30 times, and it is in a leading position in many fields such as new materials. Therefore, I would like to collect my experience and experience in the manufacturing of large state-owned enterprises, private enterprises and listed companies in the past 49 years. When facing a new era, let us talk about some of our thoughts and some measures, and come with everyone. Discuss and share together.

Before we discussed it, it was precisely at the time of resigning the old and welcoming the new in 2016, there was a discussion in the Chinese business community. We, Mr. Ma Yun, did not arrive today, Ma Yun proposed the “five new”, new retail, new manufacturing, new Finance, new technologies and new energy, these five new issues in the Chinese business community have caused some debate and discussion. Many of our famous entrepreneurs say that Ma Yun’s five new ones are all nonsense except for new technologies. Kangdexin was registered in Beijing that year. Later, because the largest company and production base was in Zhangjiagang, Kangdexin became the largest listed company in Suzhou. Therefore, it was fortunate that at the end of last year, two people from Poly GCL Xinzhu were absorbed into the Soviet Union. As the co-chairman of the association, I also participated in the conference of the Sushang Association. I was also shocked when I participated. Sushang is basically excellent in industrial development, and most of them are from township and village enterprises. In their speeches, they said Since the virtual economy is imaginary, it should not exist. The virtual economy undermines the development of our real economy. At the same time, the principle of our economic development is that we never lend, relying entirely on the development of our own funds. We must adhere to such a kind. Initiative. So in such an era, when a new era arrives, how should our entrepreneurs face the coming changes, and the development that is coming, I think it is necessary to think deeply. Here, first of all, the virtual economy suppresses the real economy is nonsense. The economy of the Internet is not a virtual economy. What is a virtual economy? It is finance. Regardless of whether the Internet is Alibaba or Baidu Tencent, they are the first to integrate cloud computing big data and Internet technology into the circulation of our products. What is an entity? Entity is from the development, procurement, product design, process, production, and sales and service of our materials. When it comes to all aspects of the real economy, then I think they first put the Internet's universal tools cloud computing, big data, etc. Etc., applied to the circulation of products, they are the new real economy, they are not virtual economy. The virtual economy is finance, and the money to make money is the virtual economy. When it comes to destruction, it is not a destruction of the real economy, but a revolution in the real economy, a revolution in the current circulation and sales, and this revolution is coming.

So I think we must first look at the era we are facing. I am coming from a manufacturing perspective to understand the arrival of the entire era of innovation. I think that the future of the world will rise from 2017. There are only two themes to describe it, that is, "subversion" and "change". This will become the theme of the future era. The first thing that affects it is technological innovation. Due to the advent of the information age, technological innovation is changing with each passing day. This subversive innovation is the result of the development of information and technology. It is explosive. The coming artificial intelligence includes new energy, biotechnology, etc. Now our own high-tech products It is amazing to replace 70% every year. So including Apple's use of smartphones in 2007 to subvert Nokia, including Kodak invented digital cameras, did not pay attention to the results in the 1990s, was taken away by Sony, and finally subverted Kodak, so technological innovation is subverting an industry, an era of disruptive technological innovation Coming soon.

The second element, the first is the commercial revolution. The Internet is becoming an inclusive tool. I said that Ma Yun’s Alibaba, Baidu and Tencent are the pioneers of Internet tools, and they are applied to sales and service. The future Internet+ is being integrated into the entire industrial production factor. The various links, like the power revolution of the year, will be integrated into various industries. In the past, our grinding was still rampant, and later we used electricity. Now it is the Internet that has become the Internet of Things and has become a new industry. This revolution is coming like a storm. Sharing the economy, we know that Airbnb and Uber are the combination of Internet technology and emerging industries, such as Aiki, net worth, and information, generating emerging formats and generating huge productivity. Like Uber, if you don't have a car, you can become the world's largest taxi company. In just 5 years, it has reached a market value of 50 billion US dollars. China's sharing economy is just springing up. In 2015, China's sharing economy has reached 2 trillion yuan. This year, China's sharing economy is expected to reach 7 trillion yuan. This is amazing. General Electric has predicted that the Internet will be in the future. When integrated into the industrial, manufacturing, and industrial information economies, industrial data and productivity will be liberated. In the next 20 years, the Industrial Internet will increase global GDP by $15 trillion, equivalent to rebuilding a US. The storm of this commercial revolution is something that every enterprise must know clearly. This is not something you don’t know, not what you want to do. Because you don’t do it, you have to be eliminated. Therefore, enterprises, manufacturing and industry must have A sense of urgency to embrace the Internet and make this change.

The third is driven by national strategy. China is implementing the Belt and Road Initiative, China Manufacturing + Internet 2025, Germany is promoting Industry 4.0, and the United States is implementing Internet + re-industrialization.

Fourth, social and political factors, such as Brexit and Trump's election, have brought more uncertainty to the future era. 2016 has become an inflection point of global economic development. The global economic structure and order will be reshaped, and a new era of innovative economy has arrived.

Chairman Zhong Yu talks about innovation drive

Therefore, I feel that our economic development has been so many years, many traditional industries have been weak, and the future is fundamentally innovative. In the "13th Five-Year Plan", it has been clear that a new era of global innovation economy has arrived, and only innovation can move toward the future. So when China's manufacturing industry is facing future innovation, how do we correctly understand the status quo, competitiveness and future of China's manufacturing industry? Well, I think that in terms of China's manufacturing industry, it is undeniable. First of all, in the past 30 years of China's reform and opening up, China has successfully benefited from the globalization process and built the world's largest manufacturing industry. According to UN statistics, in the world. Among the 500 major industrial products, China has the highest output of 220 products in the world. The development of Chinese manufacturing industry in the past 30 years has played an important supporting role for China's economic construction, real estate, etc., including military construction. For example, steel, in the 1950s, wanted to catch up with the Premier League, but it surpassed Japan in 1996 and became the world's largest steel producer. Today, China's steel manufacturing capacity has reached 1.2 billion tons of crude steel, and the current global production capacity is 1.6 billion tons. Of course, due to the decline in global demand after 2008, it is undeniable that our manufacturing industry is in a state of excess, and the capacity utilization rate of steel is about 67%. The BOPP film we know is also a plastic film, which now accounts for 50% of the world's 11 million tons, and the capacity utilization rate is also 70%. At the same time, most of us are in the middle and low-end products, and high-end products rely on imports, including steel. We export 100 million tons, but import 10 million tons, export 100 million tons and import 10 million tons worth the same. . A lot of special steel, we can't do it ourselves. However, from another perspective, China's manufacturing industry has five major advantages, and the world is not competitive.

First, we have the largest market. The world's largest market is in China. Since 2015, the purchasing power of the Chinese middle class has surpassed that of the United States for the first time. For example, we are engaged in the optical film of the display industry. Everyone knows that mobile phones and televisions are in the market. There are optical film and TV screens, there are 6 to 10 layers of optical film, 80% of the world's use in China, the global total demand is now less than 2 billion square meters, China will use 1.5 billion square meters, China can only produce more than 200 million square meters. It is mainly imported, so the world's largest market is in China, which is the biggest advantage.

Second, we have the most complete industrial chain in the world. Today, if Apple wants to bring mobile phones to the United States for manufacturing, I don’t think there are any three or five years, but in China, as long as you take out the money, you can OEM, China has a complete industrial chain, whether it is mobile phones, notebooks, televisions, monitors, etc., the world's most complete industrial chain in China.

Third, the most complete infrastructure, China is perfect in electricity, gas, water and electricity everywhere. If you open a factory in Indonesia, electricity may not be enough.

The fourth is the industry army. China has 100 million industrial troops. What's more important is that China's 100 million industrial army has 81 million troops. It is a knowledge industry army. Every year, China has 8 million graduates to join. This is a global competition.

Fifth, private enterprises are becoming the mainstay of China's manufacturing industry. In 2015, the statistical private economy accounted for 60% of China's manufacturing industry, private enterprises accounted for 65% of new product patents, and private enterprises accounted for 70% of new invention patents. The share of new products is 75%. Therefore, the private economy is more dynamic and more executive, and more importantly, it is going global for mergers and acquisitions and development. Therefore, Deloitte has come to the conclusion that the most competitive global manufacturing industry in the next decade is China. Of course, China is currently a manufacturing power, and it is really a manufacturing power. It needs innovation. The root of innovation is our entrepreneurs. How to correctly understand the future, with an innovative spirit, innovative thinking, and innovative measures to meet the challenges that are coming in the future.

So, I want to talk about some of our experiences and initiatives in practice. We believe that there are five innovations over the years:

The first is technological innovation, which is fundamental. Technological innovation We simply say several aspects. First, we pursue high-end, and second, disruptive technological innovation, because there is no future for improved innovation. Third, we have to carry out a global R&D layout. Kangdexin now has 8 countries in the world, 9 research and development centers, and strategic cooperation with more than 10 universities and research institutions around the world to integrate global resources. With regard to disruptive innovation, Kangdexin began to pre-coat film and used it in the packaging field. China could not do it at that time. We became the pioneer and leader of China's pre-coated film. Finally, we exported 88 countries and finally became the global leader. By. After we went public, we went to the optical film, and the optical film China could not do it. It has been monopolized by the US, Japan, Korea and Taiwan. I once reported on the development of our optical film and carbon fiber when I accompanied the Prime Minister to visit Germany in 2014. Minister Miao came to shake hands with me and said that I always knew you, Zhong You have been in the national strategic industry, saying that the optical film has been I am very anxious. If an international blockade occurs, China’s display screen will be discontinued. Because China’s optical film can’t be done, I didn’t expect you to make a new one in the world and rewrite the global pattern. So Kangde is in the optical film industry. Built the world's largest optical film industry cluster. Our optical film has been relying on cost competition, low-end and low-end, and then catching up and finally leading. Now, for example, we are moving in parallel with LG, Samsung, and Apple. We have gone beyond. For example, car insulation window film has been monopolized by 3M, Saint-Gobain and Eastman. We accounted for 20% of the Chinese market last year and became China's largest market occupier. We are still expanding production by 60% this year. China's total window film demand is 100 million square meters. Now we are importing 80 million square meters. We now account for 20%, including BMW, Volkswagen and Audi. It is the traditional market of 3M. Now We have become a mainstream supplier. BMW said that it likes Kang Dexin because it has good service, good quality and competitive price.

After the optical film, we went to carbon fiber. Carbon fiber is the key material that directly restricts the development of China's defense industry. After five years of development, China's first high-performance carbon fiber production line with an annual output of 1,700 tons of carbon wire and 5,000 tons of raw silk was built. It has been officially put into production. In the past, China could only do T300. I can now do T700, T800, T900 and T1000, and the yield rate is over 80%. The Chinese Academy of Sciences, the authoritative academician of the Chinese Academy of Engineering reported to the relevant state departments that China's carbon fiber company Zhong Anxin, made such an evaluation: Zhonganxin carbon fiber achieved a 40-year leap in China, Zhong Anxin first made China's carbon fiber and international The advanced level is comparable, and Zhong Anxin is China’s Toray. Carbon fiber needs 16,200 tons per year. We can only produce T3003200 tons. Other high-performance carbon fibers need to be imported. Some high-end carbon fiber is still strictly blocked abroad, so this is a huge market. Our new energy electric vehicles are leading the world. By 2025, China's total carbon fiber demand can reach 100,000 tons. China can only produce 3,200 tons, which is still low-end, which brings us unlimited development space. Recently, we have officially put into production the first flexible material production line. Flexible materials are the cutting-edge science in the world. Because of the flexible display, mobile phones and TV sets can be curled in the future. In the future, the Internet world is everywhere. We can become a sensor by printing flexible circuits. It can be used for health, trademarks, labels, etc., as well as flexible photovoltaics, that is, a film attached to glass can generate electricity and generate electricity. The cost is only 1 mil, especially now that silicon batteries are lighter and flexible, which is a trillion market. 3M was the first to be successfully developed. The second one was Kangde's new R&D success, and it surpassed 3M. It is more advanced than 3M technology, and the production line is successfully developed by ourselves. It has been officially put into production and achieved a major breakthrough. The future of the world.

It is precisely because of a series of subversive innovations that Kangdexin has gained unlimited development space. Yesterday Sina interviewed me and said, “What do you think is the pressure on the economic downturn?” “I feel that there is no pressure and I feel that I have done more work. There is unlimited development space."

Second, we are in business innovation, business innovation can be simply said, the first is the entire industry chain to form cost advantages and technology research and development advantages; the second full range of products give the market competitive advantage love base, net worth, information.

In the third globalization, we have two major international and domestic markets. We have 40% of exports and 60% of domestic sales in the two major markets.

The fourth is intelligent. The intelligent unmanned factory of carbon fiber lightweight components for new energy electric vehicles built in Langfang has been put into production. The president of BMW Greater China went to see and scored 150 points, which is considered to be the most advanced intelligent in the world. Unmanned factory, Kangdexin's optical film phase 2 unmanned factory built in Zhangjiagang has also been put into production. Therefore, the fundamental of intelligence as an industrial enterprise is to cultivate internal strength and improve efficiency. There are three 50%, one is to reduce costs by 50%, increase labor productivity by 50%, and the other is to reduce the rate of defective products by 50%, so the intelligent production core is to improve efficiency. The last two are organizational innovation and mechanism innovation, because I think that in today's information technology, the core driving factor of enterprise development is no longer capital, but innovation, and innovation depends on people. So how to mobilize people's enthusiasm and decision-making efficiency, so at the beginning of last year, we decentralized and flattened all management systems, and decentralized all of our 30 subsidiaries and nine business divisions to give everyone equity. Kangdexin now has more than 5,000 employees worldwide. 30% of the cadres and employees are all holding shares. The team leader is millions of rich people, and the executives are tens of millions and hundreds of millions of rich people. At the same time, our newly established Internet company will give you 30% of the shares to support everyone's entrepreneurship and development, so mechanism innovation and organizational innovation have greatly improved efficiency.

Today, what I mainly want to talk about is business model innovation, which is an important measure for us to think about. We believe that in today's Internet information economy, an important change of Kangdexin is user-centered, and user-centered, whether it is B2B or B2C, is that you want to become a provider of overall solutions, and make users more perfect. service. Just like the old people we have been here in the past, I may know that I bought things in Beijing 20 or 30 years ago. Soy sauce is a soy sauce shop. Buying food is a shop for buying food. Buying shoes is a shop for shoes. Later, there was a supermarket. Can buy, this is the overall solution. Therefore, the overall solution requires you to carry out industry extension, build ecology, and provide users with overall solutions. In the past, the development of enterprises focused on and diversified. For example, when I do real estate, I would do real estate, then diversification is steel, real estate, The hospital does everything. I think the information economy is not like this today. The most reasonable business model is to build a platform for the overall solution. From 2015, we will use polymer materials as the basis, extend the materials to the overall solution, and then build an ecological platform to provide users with The overall solution. Our strategy is precisely put forward in the “13th Five-Year” national strategic plan just issued in 2016. The development of enterprises as the manufacturing industry is first of all intelligent, then Internet collaboration, then flexible customization, and finally To extend to service, create new formats, new models, and build an ecological value system. It should be said that we went to the front two years ago and completed the layout through these two years.

Our thinking is this, layout the two ends of the smile curve, this end is the overall solution and new materials, the other end is to create an intelligent platform for the Internet, directly to customers. The bottom end is the assembly of the product, we don't do it. The whole concept is to break through the smile curve. This end is pursuing high-end intelligent manufacturing, and the other end is pursuing service at the user end. This will be an important upgrade for China's manufacturing industry, not a transformation. The transformation and upgrading of China's manufacturing industry is four words, one is called intelligence, and the other is called greening. This is transformation. What are we upgrading? High-end, service, this is an upgrade, so our high-end products are becoming serviced. In the future of China's manufacturing industry, the logic we have designed is to go to an ecological value system based on intellectual creation, service-oriented and customer-oriented. The transformation of the enterprise has become service-driven and then drives the development of the entire manufacturing. Just two years later, when we were studying the "Thirteenth Five-Year Plan", the "13th Five-Year Plan" has already written this up, and it is proposed that China's manufacturing in the future is a service-oriented manufacturing industry. This will be a future made in China. This future is showing a very strong competitive advantage. For example, we are building a new energy electric vehicle with lightweight carbon fiber components. The carbon fiber is made of silk, which can not be used by others. Therefore, weaving into cloth and weaving into cloth After the parts were made into parts and the parts were made, it was found that the car manufacturer would not design the carbon fiber composite parts. Therefore, we extended the integration of the technical center of the Carbon Fiber Research Institute of the Technical University of Munich, Germany, and the integration of carbon fiber components for BMW. The only design company in the world with experience in designing carbon fiber composite automotive parts has set up a design center. We are driven by design. The parts of new energy electric vehicles and the carbon fiber lightweight parts of the whole 14 manufacturers in China are all designed by our center. And then production, thus providing a total solution for the new energy electric vehicle lightweight ecological platform, with global competitiveness. So our platform is not the only one in China, but the only one in the world. In China, we are only the first, there is no second. Therefore, in the future, new energy electric vehicles will be launched in 2018 and 2019. All new energy electric vehicles will be supplied and produced by us. What is the competitiveness? The first is to achieve high-end carbon fiber high-end, the second is service, and service has brought strong industrial competitiveness, so we have completed the entire ecological creation.

Through such a change, we moved from a traditional real economy to a new real economy in 2015, creating a real economy with the concept of an ecological platform, which has become a chain of our entire ecological value system. Because we do optical materials, optical materials mean that we need to extend to emerging display technologies. In the emerging display sector, our naked-eye 3D is leading the global visual revolution. If this is successful, I think we can specifically sponsor a director. I will celebrate, because human beings go from black and white to color TV, color TV to 3D, if this success, it will become a global technological subversion realized by Chinese companies in the millennium. And this year, including Yuanqing is also here, we and Lenovo and many famous companies around the world will soon launch naked-eye 3D products, a global detonation, including our naked-eye 3D, AR / VR, large-screen touch, holographic technology, Flexible display, these emerging display technologies are important from mobile internet, PC interconnection to scene interconnection. As the future of interconnection, real interaction is becoming the key, so the emerging display technology is the technical element of scene interconnection drive. When we used these elements in various industries, we created a new format, so we have created six Internet application companies. These products that we show downstairs are not products, it is a model. For example, our smart vending machine, smart vending machine, we have set up a separate company, become the terminal of new retail, it can sell anything, can touch, interact, customize through the Internet, can be distributed in various communities, stations, etc. Advertising effect, can develop financial business, can be customized, social, commercial logistics, which involves smart health, smart sales, smart food, such as smart table, we are now working with many restaurants, in the future we will change the table into a touch The control screen is in the restaurant, you can touch, you can order food, you can go online, you can play games, then the format of this restaurant has changed. It was originally from 11:00 to 12:00, and now it can be from 8:00 to 10:00. Business, can become Internet cafes, game halls, coffee shops, and thus gain higher returns, so this new technology, new models, new formats and Internet convergence will soon produce a new growth point. In fact, our participation in this meeting is still seeking cooperation with everyone. Our resources are open. We believe that each of our companies will become a company with a market value of 100 billion in the next five years. For example, smart sales, we have to allocate 1 million units nationwide. If each year's sales is 100,000 yuan, it is 100 billion yuan. If the three-month stagnation is 30 billion yuan of cash strands, there are advertising fees, etc. We are all open in terms of aspects.

At the dawn of a new era, Kangdexin completed the creation of the entire platform and became a case in the latest period of the whole ecology. I think this case should have a demonstration effect and be a new economic entity in China's manufacturing industry in the new era. In the face of a new era, I feel that an era of innovative economy is coming. This era is hugely disruptive, challenging, and more important, bringing opportunities. Our manufacturing industry must face the future with new thinking, and we must adopt a new pattern, new models, and new engines to meet the arrival of this great era.

Li Qiang, secretary of the Jiangsu Provincial Party Committee, came to the new factory in Suzhou Kangde from the beginning. I accompanied him. I planned to visit the whole factory for 20 minutes. The result was 50 minutes in the exhibition hall. Later, Secretary Li Qiang asked me, “What did you do? How do you get so many things?", I said, "I used to do scientific research in the aviation department. I was the director of the institute, Wang Wei’s smashing in the South China Sea, and our country’s 歼7 The main generator was designed by me, and I won the second class and third class of the aviation department. I won the silver medal and the bronze medal. At the age of 34, I was promoted to the director of the institute. He later defined it to me: Zhong Zhong, you are a scientist. "No one has ever defined me as a scientist. He and Secretary Zhou Naixiang said that the future of Kangde's new future is infinite. Scientists in the sea may make the enterprise a world-class enterprise. This technologically innovative enterprise is likely to become bigger and stronger. So this At the Sub-Soonan meeting, Secretary Li Qiang proposed to the Suzhou delegation that there is a plateau in the economic development of Sunan, but there is no peak, and there is no world-class enterprise like Huawei. In the next four years, the most important thing for Sunan is to To build a peak enterprise, he and Zhou Naixiang said that the company of Kangdexin should pay close attention to and support, so the leader of Suzhou called me, said Zhong Zong, ready to study how to support you to build a peak enterprise. So I also introduced this passage to all the directors and entrepreneurs present. During the "Thirteenth Five-Year Plan" period, at the moment when an era of innovative economy came, the Chinese were hardworking, smart and brave. Our private economy is becoming the main body, coming in a great era. At the moment, more Yabuli governing companies will become a peak enterprise with global influence and leadership. 2025 to manufacturing, to China truly become the world's largest economy and make due contributions.

Finally, I said a little inspiration. Because I heard the speech of Chairman Dong Sheng last night, I really felt very much. I think that Chairman Dong Sheng said that when he was 60, he said that he would serve the people for the next 60 years. I think that Chairman Dong Sheng "serving the people" tells the voice of our generation of entrepreneurs, and also tells the realm of all the entrepreneurs of Yabuli. Only a big realm can have a big vision. In the future, he can persist in order to have a heart. So I feel very touched.

It should be said that I am also the first generation entrepreneur of Zhongguancun, and Liu Chuanzhi and Duan Yongji are both first-generation entrepreneurs. Some entrepreneurs asked me: "Your generation of entrepreneurs, some enterprises are not there, and many are retiring. In the second line, why are you still in the first line?" Because the chairman of Yabuli who is here today, apart from President Liu Mingkang, I may be the biggest. I am one year older than Wang Shi. I was born in 1950, and I am a tiger. I am 67 years old this year. I was the third time at that time. I was a school with Ren Zhiqiang. In 35, I was one year older than him. Ren Zhiqiang was the old junior, and I was the old junior. This sentence will return to the words of Chairman Dong Sheng. Maybe people's pursuits are different. It is still the beginning of the words of President Xi Jinping. Some people say that you are worth more than tens of billions. Why do you still have to do it? I said that I have never paid for it. For the money did not go to the sea that year. In 1988, I was at the Department of Aviation's 125 Shuguang Motor Factory. At the age of 38, I mentioned the director of the bureau. When I did it, I had a three-bedroom, one-bedroom house and a crown sedans, but I handed a resignation report. At that time, Zhongguancun set up a development zone to encourage scientific and technological personnel to set up a leading enterprise. The leaders of the leading factories were shocked. Why? I said that the generation of our oldest generation should be said to be born in New China and grow up under the red. They have been educated and educated every day. They have been immersed in learning Lei Feng’s good deeds. Later, after the baptism of the cultural revolution, they went up the mountain. I went to work as a soldier. I was a worker, a soldier, a postgraduate student at a university, and then worked at the Micro-Electrical Institute of the Aviation Department 125. We also use an old photo. The first two are 1969. The photo of the soldier, the last one is a photo of the 38-year-old sea. There was no color at the time, and it was dyed in the photo at the time. Therefore, at that time, the leaders in the ministry said that our generation had a sense of responsibility. It was a generation that was under the leadership of the fathers and generations. The fathers were also 38-year-old and eight-way. They were the leading cadres of the State Planning Commission and grew up in the Grand Commission of the Planning Commission. I said that I don’t want to do this, but I don’t want to do anything. He said that state-owned enterprises can do it. I said that China's state-owned enterprises have decayed. I can't push the three big mountains. The first is the old mechanism. Your decision-making mechanism, distribution mechanism, and employment mechanism can't be managed. The factory director is at best a workshop director. The second is The old relationship network, the third is this old culture, big pot rice, 5,000 people Shuguang motor factory can not do things, the Chinese nation once set the world in geometry, but in the past two hundred years has declined, insulted by the powers, the 21st century belongs to the Chinese nation The Chinese nation’s revival era should have arrived, and the Chinese nation’s revival depends on the economy. What is the economic development? By mechanism, I said that private ownership is China's hope. I said that I will do this for you. I want to create an emerging mechanism enterprise and do something for the national rejuvenation. At that time, he was expelled from public office, and the party members were not re-registered. I said that it would be open, and nothing should be done. Therefore, in 1988, he decided to devote himself to the development zone and established the Kangde Group. He came over in 29 years. Practice has proved that China has become the world’s second largest economy. It is precisely because of the development of China’s private economy that we have done it in the middle. Contribute, so when this new era is about to come, or borrow the words of Chairman Dong Sheng, all of our entrepreneurs must have a realm and pursue, and then we can make unremitting efforts. This year is the 29th year of the Conde Group and 30 years next year. I hope that members of the Board of Directors will participate in our 30th anniversary celebration. When we were in the 25th anniversary of the Qing Dynasty, tens of thousands of employees around the world wrote a blessing, folded into a small star, put it in a large glass bottle, and gave it to me, which made me deeply moved. I used to want to retire at 55, and I have to give myself some time. At the age of 55, I think I should retire at the age of 60, but at the time I just went public, I said it would take three years. Three years later, new plans were formulated and plans for building world-class enterprises were formulated. So my son told me: "Wang Yongqing is 93 years old, Li Ka-shing is still doing it in his 80s, you don't want to retire." I was very moved. At the 25th anniversary, I officially announced that Said to work with you for another 20 years. I have been working for another 20 years and it has become a hot topic for the whole group. The first is that it is no problem for Mr. Zhong’s body to work for another 20 years. The second time is 20 years, everyone’s psychology is solid. The third is how many people can follow the clock. Always doing another 20 years?

I sincerely hope that the directors and entrepreneurs of Yabuli, like the chairman of Dongsheng, said that it is not 20 years, it is to fight for 50 years, 60 years, and contribute to China becoming the largest economy. This is our responsibility, A mission. thank you all!

(Wang Yang)