Chapter 20 Figures in corporate history: Compal headed

There are more than 900,000 villages in China, and each village has a village branch secretary. Wu Renbao is probably the longest-serving and most famous one.He has served as Secretary of Huaxi Village, Jiangyin City, Jiangsu Province since he was 28 years old. He did not announce his retirement until 48 years later, and then passed this position on to his fourth son. Under his governance, Huaxi Village has become a "national model" since the 1960s.When he first took office, this small village in southern Jiangsu had a debt of 25,000 yuan. When he retired, he had fixed assets of 3 billion yuan, 58 village-run enterprises, and an average annual income of 6,000 U.S. dollars for more than 2,000 villagers. "Allotment" brought a car and a villa of more than 400 square meters.

Although Wu Renbao only studied in a private school for a few days, he was recognized as a "peasant politician" by those around him.He can grasp the political pulse by reading newspapers and watching TV news. In the past 48 years, Huaxi Village has been a model of rural China in almost every historical period: from the advanced model of "learning from Dazhai in agriculture" to the model of scientific farming, Typical township enterprises, advanced poverty alleviation models, and spiritual civilization construction... Before he retired, the central government advocated the "Three Represents." Wu Renbao immediately organized and created three scripts to praise the "Three Represents."

Wu Renbao confessed that he falsely reported the output in 1958 during the "exaggerated style". In the 1960s, Huaxi Village was a "red flag" for "the whole country to learn from Dazhai". At the same time, Wu Renbao began to recruit 20 people to secretly set up a small hardware factory in the village. . "At that time, we must not let the outside system be allowed, and it was the time to cut the tail of capitalism." His son recalled, "Red flags fluttered in the fields, trumpets sounded, the inspection comrades left, and we turned around and entered the factory. "

Why venture into industry?Because farming can't make money.At that time, the whole village worked hard, and the total agricultural output value was 240,000 yuan. However, the small hardware factory run by only 20 people reached an output value of 240,000 yuan after three years.Wu Renbao had to take risks in doing this. He had once served as the secretary of the Jiangyin County Party Committee and a member of the Jiangsu Provincial Party Committee, but he was unexpectedly defeated in an election. He returned to the village and continued to be his village party secretary. In 1978, after the "Cultural Revolution" and on the eve of reform and opening up, Huaxi Village took stock of its family assets, with a total of 1 million yuan in fixed assets, 1 million yuan in bank deposits, and three years of rations. At that time, the price of a pack of cigarettes was 0.2 yuan. The total industrial and agricultural output value of the entire Jiangyin County is only a few hundred million yuan.At that time, the reform of "dividing land to households and contracting land" was being carried out all over the country. After Wu Renbao returned from a field trip, he refused to distribute the village's land to individuals. Enthusiasm can't make you rich, so he decided to start a sprayer factory for spraying pesticides immediately. In 1984, this factory alone made a net profit of 2 million yuan.

Huaxi Village should have truly completed its primitive accumulation in 1992.At that time, Deng Xiaoping’s speech on the southern tour was published in newspapers and on TV. Wu Renbao called together the village cadres that night. The meeting lasted until two o’clock in the morning. He judged that the national economy would develop rapidly, so he ordered all funds to be mobilized and hoarded for three months raw materials.Wu Renbao has always insisted on "neither external debt nor domestic debt", but this time he borrowed 10 million yuan for turnover for the first time.It has always been a mystery how much money Huaxi Village used, how it was raised, and how much money it made in the end.Wu Xiedong later revealed only one figure, "The aluminum ingots purchased by the village at that time were more than 6,000 yuan per ton, and three months later it rose to more than 18,000 yuan per ton."

Another action completed by Huaxi Village is to use village-run enterprises to get involved in the tobacco manufacturing industry, which has always been monopolized by the state.Using his influence, Wu Renbao specially approved a cigarette named after "Huaxi Village", which was produced by Huaiyin Cigarette Factory, distributed by Baochang Chemical Fiber Company in Huaxin Village, and sold exclusively by Jiangyin Tobacco Monopoly Bureau.Around 1995, for this item alone, Huaxi Village did not need to invest a penny, and could share about 20 million yuan in savings profits. In 1999, Huaxi Village was listed on the stock market. This was the first village in China to raise funds in the capital market. Huaxi Village issued 35 million shares, raising a total of 290 million yuan. In 2002, Wu Renbao invested 1.2 billion yuan to build "Beigang" with an annual output of 1.2 million tons in Tangshan, Hebei.

"Political advantages should serve economic construction," Wu Renbao never shy away from his political economy, "Huaxi Village has never wavered on this point." For a long time, Huaxi Village and Daqiu Village in Tianjin were called "Beida Nanhua". Heavy industry gets rich fast.The difference is that Yu Zuomin in the north was arrogant and had a bad relationship with the local government after he developed, while Wu Renbao was much more mellow. A local official in Jiangyin said, "Wu Renbao rarely makes enemies in officialdom, even the leaders of the town When he went to Huaxi, Wu Renbao was never contemptuous because of his small official position, he was completely different from Yu Zuomin in this regard."

Wu Renbao also set up a "characteristic art troupe" specially used to entertain the leaders who came to visit.Ji Lijing, who was the deputy head of the troupe, once mentioned such a detail: the troupe has a special program "Three Cups of Fine Wine Toast to Relatives". Generally, when the troupe is notified to perform this program, the big leader must come.The idea of ​​this program is to pour three glasses of wine during the performance, and suddenly go down to the stage to toast. When caught off guard, the leader is often taken aback, and then laughs heartily. This is a moment for the host and guest to enjoy themselves.

Wu Renbao has four sons and one daughter. The four sons are named Xiedong, Xiede, Xieping, and Xieen. It is said that they respectively imply commemoration of Mao Zedong, Zhu De, Deng Xiaoping, and Zhou Enlai.In his early years, Wu Renbao once designated occupations for his children, saying, "The eldest son Xiedong is a carpenter, the second son Xiede is a mason, and the daughter is a tailor." The reason is, "With these skills, the family can build houses by themselves, Sewing clothes, food, clothing and housing are not worrying about.” But he never imagined that he could turn a poor village into such a big industry and have the opportunity to pass it on to his children.As the stars changed, when he retired, the division of labor within Huaxi Group was as follows: Xiedong was in charge of the construction and decoration company, Xiede was in charge of the steel industry, his daughter Fengying was the general manager of the clothing company, and Xieping was in charge of tourism services In the company, the fourth son Xie En went directly to his class.From the perspective of management control, the collective Huaxi Village has become a family business owned by the Wu family.

In 2005, after Wu Renbao retired, a reporter interviewed his home and described in detail: "There are three rooms downstairs, and the bedroom upstairs has no furniture, and there is no way to put furniture, because all the walls of the rooms are hung. There are several rows of photos, all of which are group photos of leaders at all levels who came to inspect and Wu Renbao. After 6:00 every evening, 76-year-old Wu Renbao returns home, eating a bowl of noodles in clear soup with only oil and salt, and sandwiching a piece of noodles dipped in soy sauce For white bean curd, peel two tea eggs, eat only egg whites and not egg yolks."