Wang Chuanfu, a native of Wuwei County, Anhui Province, was born in February 1966. 65438-0987 graduated from Central South University, majoring in metallurgical physical chemistry. In the same year, he entered Beijing Institute of Nonferrous Metals to pursue a master's degree. 1990 stayed in hospital after graduation, 1995 resigned and started BYD company. In just a few years, he developed into the first rechargeable battery manufacturer in China and the second rechargeable battery manufacturer in the world. He entered the automobile industry in 2003 and is now BYD Co., Ltd.

Chinese name

Wang Chuanfu

Foreign name

Wang Chuanfu

nation

China

Min nationality

Han Dynasty (206 BC-220 AD)

birthplace

Wuwei county, Anhui province

date of birth

A.D.1Feb. 96615th

occupation

Chairman of BYD Board of Directors

graduated institutions

Central South University of Technology (now Central South University)

Major achievements

Wang Chuanfu 1995 founded BYD.

2009 Hurun China Rich List China's richest man.

Growth process editor

Wang Chuanfu was born in poverty, and his growth path was full of hardships, but at the same time he honed his tenacious will. His tenacity and madness are beyond the reach of ordinary entrepreneurs.

1966 February 15. Wang Chuanfu was born in an ordinary peasant family in Wuwei County, Wuhu City, Anhui Province. His father was an excellent carpenter, and later joined the party as the secretary of the brigade. His father is honest, tenacious and helpful. He is highly respected in the local area and has great appeal. He has a clear distinction between public and private in his work and is well-known among the masses. As a party member, Wang Chuanfu's father's thoughts are more enlightened and advanced in rural areas. When he died, he responded to the party's call and persuaded his relatives to be cremated. Wang Chuanfu's mother, on the other hand, is a traditional good wife and mother, educating her children to be loyal and filial. Influenced by the family atmosphere, children also inherited their integrity and indomitable spirit. The same is true of Wang Chuanfu, which has been clearly reflected in his later entrepreneurial process. Wang Chuanfu has five sisters, one brother and one sister. Together with their parents, a family of ten lived a quiet life by carpentry handed down from generation to generation. But it didn't last long. When Wang Chuanfu was thirteen, his father died after a long illness. The family's financial situation began to deteriorate. Wang Chuanfu's five sisters got married one after another, and her sister was fostered. Her brother Wang Chuanfang dropped out of school and started working to earn money to support his family. Hard times are not easy, and the ardent expectations of his mother and brother constantly spur Wang Chuanfu. When he was young, perhaps because of his family, he was more stable and precocious than his peers. He is shy, quiet and doesn't want to associate with others. But he knows how to study hard and spends all his energy and time on his studies, doing better than his peers. Because he knows that his family's hopes are pinned on him, and he can only repay them with excellent results. So he always has a belief in his heart, that is, "always do better than others." The stage is as big as the heart. Wang Chuanfu refused to admit defeat and constantly surpassed his own spirit, which laid the foundation for his later career success. It never rains but it pours. Two years later, when Wang Chuanfu was about to graduate from junior high school, his mother died suddenly. The heaviest blow to my ill-fated brother. Mencius

Wang Chuanfu took a group photo with his friends.

He said, "God will give the Sri Lankan people a great responsibility, so we must first suffer from their thoughts." Young Wang Chuanfu has had enough of the hardships of life. Deeply hit, Wang Chuanfu can only immerse himself in his study every day and forget his pain and loneliness. The hardships of life also made Wang Chuanfu develop a strong, independent and strong character. As he himself said, "I want to control everything myself and take care of everything myself." All the property left by parents to a pair of brothers is four thatched cottages, but the spiritual influence left by parents has benefited the two brothers a lot and influenced their lives subconsciously. When Wang Chuanfu's mother died, it was the junior high school graduation exam. Wang Chuanfu therefore missed two courses and was not admitted to the popular secondary school at that time. Sometimes the fate of life is completely accidental, and a small factor may change a person's life. This is how Wang Chuanfu's life was changed. It was responsible for distribution in the 1980s, so it was the first choice for many junior high school graduates from poor families at that time. However, after 1990s, due to the adjustment of national education policy, it is difficult for technical secondary school graduates to find jobs. Chuanfu was not admitted to a technical secondary school because of his mother's death, but entered Wuwei No.2 Middle School, a newly established ordinary high school in Wuwei County. The accident gave Wang Chuanfu room for further study in the university. Otherwise, Wang Chuanfu, a generation of technocrats, may be drowned in ordinary life.

Due to his unfortunate family experience, Wang Chuanfang, Wang Chuanfu's brother, shouldered the burden of family when he was 18 years old, and interrupted his studies to earn money. But no matter how hard life is, he always asks his younger brother to study hard. Wang Chuanfu saw the difficulties at home and his brother's hard work, and his heart was shaken. His brother said: "No matter how hard and tired you are, you have to study when you sell a house. Reading is the only way out. " In Wang Chuanfang's eyes, it is really "everything is inferior, only reading is high". He asked his brother to go to college. When her mother died, sister-in-law Zhang Juxiu stepped into this unfortunate family. The virtue of China traditional women in her body once again warmed the hearts of the two brothers. Wang Chuanfu's three years in high school is the most difficult period for the whole family, and the new sister-in-law has never enjoyed it.

Wang Chuanfu

The bride's happiness is to have enough food and clothing to take care of her family's daily life. Wang Chuanfu began to live in high school and went home every weekend to ask his sister-in-law for 10 yuan's living expenses. Once, the family had no money, so my sister-in-law didn't want him to be wronged, so she borrowed money from house to house in the village, and finally she couldn't even raise a five-dollar ticket. Later, Wang Chuanfu was admitted to the university. My brother gave his younger brother a "Shanghai" watch and all the new things at home, and accompanied him all the way to Changsha. When Wang Chuanfu was studying, his brother also decided to move his small business to his city and try to take care of him in life. Wang Chuanfang paid his brother's tuition and living expenses until he graduated from graduate school. Big brother is like a father. He not only takes care of his younger brother in life, but also teaches him to be a man. Be thrifty, be ambitious and spend your own money as much as possible, which is what my brother has always said. The two brothers didn't spend the Spring Festival at their married sister's house on the hardest day. Deep brotherhood, the deep friendship between brothers continues to this day. Wang Chuanfu and his elder sister-in-law, who are now famous all over the world, are suitable for each other in life and take care of each other.

In business, my brothers and sisters fully supported Wang Chuanfu and took charge of the logistics department, which made great contributions to BYD's growth. 1983, Wang Chuanfu was admitted to the metallurgical physics and chemistry department of Changsha Zhongnan Institute of Mining and Metallurgy with excellent results. Junior year, the school was renamed Central South University of Technology. Wang Chuanfu's alma mater, Zhongnan Institute of Mining and Metallurgy, was founded in 1952. From 65438 to 0952, during the adjustment of colleges and universities in China, the disciplines of mining and metallurgy were formed in Wuhan University, Sun Yat-sen University, Beijing Institute of Technology, Guangxi University, Hunan University and Nanchang University. The school is located at the foot of Yuelu Mountain in Changsha City, Hunan Province, by the Xiangjiang River. 1960 entered the ranks of national key universities. 1985 was renamed as Central South University of Technology. 1996 passed the national "2 1 1 project" in September and became one of the national key universities facing the 2 1 century. The school belongs to the Ministry of Education, the Ministry of Higher Education, the Ministry of Metallurgical Industry and China Nonferrous Metals Industry Corporation. Since September 1998, it has once again become a university directly under the Ministry of Education. In 2000, with the approval of the State Council, Central South University of Technology merged with Hunan Medical University and Changsha Railway Institute to form the new Central South University. So Wang Chuanfu is an alumnus of Central South University. On June 26th, 2008, Wang Chuanfu, who has become a rising star in China automobile industry, returned to his alma mater and was employed as an adjunct professor at Central South University. This is also a reward. Wang Chuanfu is the pride of Central South University!

After entering the university, Wang Chuanfu, who was born in poverty, buried himself in his studies and devoted himself to learning professional courses well. Einstein famously said that interest is the best teacher. Wang Chuanfu wants to be a scientist and is willing to drill.

Wang Chuanfu

Research problems, so his academic performance is among the best in the class. Wang Chuanfu began to contact batteries when he was an undergraduate, which laid a good foundation for his future career. Wang Ganzhi, director and executive vice president of Huiya Group, a Hong Kong venture capital company, commented: "Wang Chuanfu is one of the few dedicated people I have ever met. He studied batteries in college, studied batteries in graduate school and worked in middle school. " It is because of his long-term focus on the field of batteries that he can achieve something. Sometimes success depends on persistence. It should be said that Wang Chuanfu is not the kind of student who studies hard. Wang Chuanfu is an extroverted person, cheerful by nature and fond of excitement. So he likes to take part in various campus activities, especially dancing. This is actually quite puzzling. After all, Wang Chuanfu is a domineering person. This kind of person usually plays football and basketball in college. Who likes dancing? Perhaps Wang Chuanfu, who thinks differently from ordinary people, has his own unique ideas. However, Wang Chuanfu has always been skilled, and his dancing skills were recognized on the campus at that time. Some people even call him a "master dancer" in the school. As a result, during his college years, Wang Chuanfu's reputation spread in the school, not because he studied well, but because he liked dancing.

2 chronology editors

Wang Chuanfu, a native of Wuwei City, Anhui Province, was born in February 1966.

1987 graduated from Central South University majoring in metallurgical physical chemistry, and in the same year entered Beijing Institute of Nonferrous Metals for a master's degree.

1990 Stay in the hospital after graduation.

1995 resigned and founded BYD company. In just a few years, he developed into the first rechargeable battery manufacturer in China and the second rechargeable battery manufacturer in the world.

He entered the automobile industry in 2003 and is now the chairman and president of BYD Co., Ltd. and the chairman of BYD Electronics (International) Co., Ltd.

In 2009, he ranked 559th in the Forbes list of the world's richest people with a personal wealth of $6543.8+$300 million.

On September 28th, 2009, on the 2009 Hurun China Rich List, he became the richest man in Chinese mainland with a net worth of 35 billion.

20 12 on June 27th, the Chinese version of Forbes published the "20 12 salary list of listed companies in China". In the list of "the highest paid CEO in major industries (A shares)", Wang Chuanfu was shortlisted with 4.07 million yuan [1].

3 my dream editor

Wang Chuanfu said: "Technological innovation and technical background are our firm strategy and my dream. [2]

4 change the way of editing

Passive error correction

Feng Lun, a real estate tycoon, has a book called Wild Growth, which is a perfect word to describe BYD.

As a private enterprise that started with battery manufacturing and OEM production, BYD officially entered the automobile industry by acquiring Shaanxi Qinchuan Automobile Manufacturing Company in 2003, and then manufactured cars by imitating "micro-innovation" and hand molds. Due to the low cost of this model, BYD achieved an increase of 100% for almost five consecutive years before 20 10. BYD, known as the "dark horse" at that time, was shrouded in the aura of car sales, Buffett's shareholding and soaring stock price. Wang Chuanfu also became the richest man in China.

However, the good times did not last long. In 20 10, BYD's high growth momentum also came to an abrupt end. From 2009 to 20 1 1 year, BYD's net profit was 3.794 billion yuan, 2.523 billion yuan and138.5 billion yuan respectively, which decreased by 33.48% and 45. 13% respectively in the last two years. Then, in August of 20 1 1, Xia Zhibing, the general manager of BYD Sales Company, resigned, and events such as dealers quitting the network, sales network integration and layoffs in the sales department followed. "Dark Horse" BYD quickly became a negative textbook case.

"We did make a lot of mistakes." Wang Chuanfu said: "First of all, channels have developed too much and expanded too fast, paying too much attention to the number of channels and ignoring the quality of channels. Second, our brand promotion is insufficient. BYD was a B2B company before making cars. We sell batteries and mobile phone parts, and do OEM work for Motorola and Nokia. As long as we get an order from Nokia, that's skill. This business is simple. We are used to this style of play, but we don't understand the connotation of the brand. The third is that the quality is not done well. In the past, OEM products can be done well, why can't cars be done well? This is a question that we have to reflect on. "

To this end, according to Wang Chuanfu, BYD has made targeted adjustments for three years, with the goal of optimizing the management team and dealer network and strengthening brand design. Let BYD's development return from sales orientation to product orientation and quality orientation, and gradually correct the problems of "vertical integration" and "semi-automation" in BYD's manufacturing process.

Bottom rebound

At present, these adjustments are giving BYD hope of "bottoming out".

According to Wang Chuanfu, the number of BYD dealers has been reduced from more than 2,000 at the peak to 800. 20/kloc-in April/February, BYD also released the "4 years or 65438+ 10,000 kilometers" super-long warranty scheme in Beijing, covering all its models; At the same time, in early July of 20 12, BYD also announced that its products had reached the internationally accepted quality standard of "IQS 10", and the two-year average failure rate of new cars was controlled below 1%.

In terms of sales volume, with the successive listing of G6 and Surrey, BYD's sales volume decreased by 65,438+03.7% compared with 2065,438+065,438+0, and increased by 65,438+0.7% in 2065,438+02. And in the last few months of 20 12, BYD's sales growth even reached double digits.

"It's not easy to own a brand." Wang Chuanfu said that many markets around the world have certain protective behaviors, but China does not. All the automobile brands have come to China, and not only that, all the brands have moved their main force to China. The main profit source of many brands is China, and they compete with their partners in China.

Second takeoff

Wang Chuanfu also said frankly, "Without advanced technology, the quality is not good enough and independent brands can't do it." It is reported that in 20 13, BYD will launch three new cars, namely Sirui, a mid-level car equipped with night vision equipment, a large touch screen and a 500G hard disk, Qin, a dual-mode hybrid car equipped with 1.5T engine and motor, and an SUV S7 larger than S6.

"I am very cautious and conservative now. I don't want to take off three times and fall down again. " Wang Chuanfu said that his goal of 20 13 is 500,000 vehicles. Compared with the performance of 20 12 years, this target has only increased by about 10%, which is quite conservative compared with BYD's previous market forecast.

Wang Chuanfu said that in 20 13 years, BYD will take off for the second time on the basis of three years of adjustment and closure. The foundation of takeoff is technology. "In 20 13 years, we will release a world-class technology at the Shanghai Auto Show, which is the so-called green hybrid technology."

It is reported that the main feature of this technology is to replace the current lead-acid battery with iron battery; Extend battery life 10 year; Increase the battery voltage from the current 12 volts to 48 volts; Popularize start-stop and brake recovery technologies. "In addition, we will also release a more shocking technology-top drive technology at the 20 14 Beijing Auto Show, and truly realize the world's first four-wheel motor independent four-wheel drive."

This will be a competition of time and technology. At present, joint ventures are pushing down models and markets, which poses a severe challenge to BYD's living environment. Wang Chuanfu's technical tenacity is obvious to all in the industry, but BYD still needs to speed up the upgrading of technology and quality if it wants to face the tremendous pressure exerted by joint venture products. [3]

5 Successful experience editing

From 65438 to 0987, Wang Chuanfu began to study batteries after studying for a master's degree at Beijing Institute of Nonferrous Metals. 1990 After graduation, I have been living in Room 30 1 of the Institute. Two years later, 26-year-old Wang Chuanfu was promoted to the position of Deputy Director of Room 30/KLOC-0. 1993, Big Battery Co., Ltd. was established in Shenzhen. Because of his close relationship with Wang Chuanfu's research field, Wang Chuanfu was appointed as the general manager of the company.

After having some practical experience in enterprise management and battery production, Wang Chuanfu found that batteries, one of his research fields, are facing huge investment opportunities. At that time, it cost 20-30 thousand yuan to buy a "mobile phone", and buyers flocked to it. Wang realized that the development of mobile phones would increase the demand for rechargeable batteries. In his view, technology is not a problem. As long as we can expand the scale, we can do a lot. 1In February 1995, Wang Chuanfu and his cousin Lv Xiangyang founded BYD, which is now replacing the monopoly position of Japanese battery companies and becoming a first-class battery manufacturer. During the Asian financial crisis, BYD's exports shrank extremely. But this summer (July 3, 20021), it was successfully listed on the main board of Hong Kong. Last year, the sales revenue reached US$ 654.38+55 million (US$ 654.38+50 million in 2000), the tax paid was US$ 24 million, and there were 654.38+5000 employees.

Wang Chuanfu's project is very unique. Compared with many domestic enterprises who blindly pursue modernization and often unrealistically spend a lot of money to introduce international leading production lines, Wang Chuanfu has been independently researching and developing products from beginning to end. Not only that, Wang Chuanfu also invested a lot of energy in technology, raw materials and quality control, and cost reduction. In addition, Wang Chuanfu directly intervened in the supplier's material development, and made use of BYD's powerful scientific research ability to work out a plan to reduce costs. For example, Ni-Cd battery needs a lot of cobalt as the negative electrode manufacturing material, and the cost is extremely high if cobalt with good performance is imported from abroad. After cooperating with a company in BYD, Shenzhen, the quality gap between domestic and foreign cobalt was clarified, and detailed measures to improve the quality of domestic cobalt were formulated. Finally, the domestic cobalt reached the international quality requirements, and the cost of domestic cobalt was 40% lower than that of foreign products. With the extensive use of anode materials, BYD can save tens of millions of yuan every year.

1995 In the second half of the year, Wang Chuanfu tried to deliver BYD's products to the bus company, the largest cordless telephone manufacturer in Taiwan Province Province. Unexpectedly, the excellent quality and low price of BYD products aroused Daba's strong interest. At the end of the year, the dam did not hesitate to transfer Sanyo's order to Wang Chuanfu.

From 65438 to 0997, BYD grew from an unknown role to a medium-sized enterprise with annual sales of nearly 100 million yuan. In the past three years, BYD has achieved an annual growth rate of 100%.

1997 the financial turmoil swept through southeast Asia, and the global price of battery products plummeted by 20% to 40%. Japanese manufacturers are on the verge of losing money, but BYD's low-cost advantage is getting more and more comfortable. Philips, Panasonic, Sony and even General Motors also placed exciting big orders with BYD. In the nickel-cadmium battery market, it took Wang Chuanfu only three years to seize nearly 40% of the global market share, and BYD became a well-deserved leader in nickel-cadmium batteries.

After gaining a firm foothold in the field of nickel-cadmium batteries, Wang Chuanfu immediately seized the second opportunity and began to develop nickel-hydrogen batteries and lithium batteries with core technologies in the battery market. To this end, Wang Chuanfu invested a lot of money, purchased the most advanced equipment, looked for the most cutting-edge talents, and established the Central Research Department. At that time, lithium-ion batteries were mainly Japanese, and domestic counterparts did not believe that BYD could succeed. It is said that Wang Chuanfu was laughed at by the industry at that time, but he believed it was an opportunity.

Subsequently, Wang Chuanfu specially established BYD Lithium-ion Battery Company, and this decision came to fruition today. According to the statistics of Nikkei Electronic News, BYD ranks behind Sanyo, Sony and Panasonic in the field of lithium-ion batteries and nickel-metal hydride batteries, becoming an international battery giant that keeps pace with these three Japanese manufacturers.

At present, BYD's production scale has reached 6.5438+0.5 million nickel-cadmium batteries, 300,000 lithium-ion batteries and 300,000 nickel-hydrogen batteries, and 60% of its products are exported. Customers in the mobile phone field include Motorola, Ericsson, Kyocera, Philips and other international communication giants, as well as domestic new mobile phones such as Bird, TCL and Konka, and cordless phone users include VTech, Panasonic and Sony. BYD has become the second largest battery supplier in the world after Sanyo, accounting for nearly 15% of the global market.

On September 29th, 2009, Hurun Research Institute announced that Wang Chuanfu became the richest man in China this year with a wealth of 35 billion yuan, and his wealth increased by 29 billion yuan compared with last year, and his ranking rose from 103 last year to 1 this year.

20 12 Forbes China Rich List, Wang Chuanfu ranked 77th with 7.69 billion yuan. [4]

6 business philosophy editor

BYD is extraordinary. Its helm, Wang Chuanfu, is called "technical madman". The Shenzhen company he led started from scratch. /kloc-established a high-end manufacturing enterprise with an output value of about 20 billion in the fields of battery manufacturing, mobile phone accessories and automobiles in 0/3 years. By grafting rechargeable batteries and electric vehicles, BYD claims to become the world's largest commercial vehicle manufacturer in 2025.

Buffett certainly won't just pay for "a great ideal." What magic weapon does Wang Chuanfu have to impress this harsh Jewish old man?

This seemingly introverted and simple Anhui native got a bachelor's degree in physical chemistry. 1995, he borrowed 2.5 million yuan from his cousin who was doing real estate and plunged into the mobile phone battery industry. From nickel batteries to lithium batteries, BYD seized the time to catch up, which once made Gensonnie, Sanyo and other industries fearful. Just when people marveled at Wang Chuanfu's aggressive posture in the battery industry, he exchanged birds for guns and then advanced into the highly competitive automobile industry. Now some people say that BYD is Toyota's real rival in the future.

It's like the media found "King Kong of China". Some people commented that Wang Chuanfu despised the existing business order and rules of the game. "He trusts young engineers more than senior technical experts in Europe and America. He thinks he can do anything, and what he makes is more useful than what he spends a lot of money on. He believes that the technology patent is a' paper tiger'. "

Indeed, Wang Chuanfu changed the image of entrepreneurs in China. Among those who are struggling in the global industrial division of labor chain, constantly lowering their status in order to get a position of low-end wage earners, and even killing each other at all costs, a "technocratic" leader has finally emerged, taking dismantling the technical barriers of multinational companies as his responsibility, enthusiastically pursuing technological innovation and organizing a localized technology research and development; R&D and manufacturing team.

"We are never afraid of core technology. Others have, I dare to do, others don't, I dare to think. Every BYD unit encounters a problem, we will say that you can't solve it, not because you don't have the ability, but because you lack courage. " A vice president of BYD explained their corporate philosophy like this.

Wang Chuanfu's point of view is more practical. He said that in view of the "technophobia" that enterprises in China generally face, this fear is just an industrial intimidation created by competitors for latecomers. They keep telling you that you can't do it, the cost is high, and research and development is difficult until you give up. Cars? After all, it's just a pile of steel.

Yes, the nation that can send a spaceship to heaven can only do some low-end processing. !

He has a unique solution. It costs tens of millions of yuan to invest in a battery production line. What if I have no money? Do it for yourself. Wang Chuanfu's "indigenous method" looks clumsy: he makes his own production equipment and breaks down the production line into processes that can be completed manually. No money, no one

Wang Chuanfu (5 photos)

BYD's "manufacturing secret" is "semi-automation plus labor", and some people call it "millet plus rifle". From battery production line to automobile mold, Wang Chuanfu has dug up human resources to the extreme. How can twenty engineers have a manipulator? In Japan, Europe and the United States, industrialization means making large machines and minimizing labor. Is BYD's transformation into "China's characteristic industrial manufacturing" a "sea of people tactics", or is the engineer winning?

Do it yourself and have plenty of food and clothing. "BYD Manufacturing Model" not only greatly reduces the cost, but also integrates the digestion and absorption of technology and process improvement into all aspects of manufacturing from beginning to end. They found that the accuracy of "semi-automatic labor" is not lower than that of full automation, avoiding the problem of large-scale recall after batch processing errors. It is both reliable and flexible.

What is more commendable is that BYD pays special attention to the "vertical integration ability" of the industrial chain because of its extreme admiration for labor and technology research and development. As long as the customer requests, it can provide one-stop service from scheme design to final production. Wang Chuanfu said that OEM is just a service of BYD, selling spare parts, behind which is our own technology.

If you want to compete with others, you have to take the road that others have taken, and that is self-destruction. "The way you play ball is exactly the same as others. Why did you win? " Wang Chuanfu said. Therefore, you must "hit yours and I will hit mine".

BYD F0

If you only treat people as laborers, they can only work. You see people as creators, they are designers. In fact, BYD's corporate strategy is fundamentally to break the superstition that China's human resources can only take the cheap and low-end route.

In Wang Chuanfu's view, the creativity of China engineers is the best, because they always put work first and enjoy second. "I think China entrepreneurs are very lucky. God bless us and put such preferential things on our side. In the past, we only knew how to manage workers and didn't know how to organize engineers. "

He emphasized that the real advantage of "Made in China" is to make good use of China's high-level and low-level talents and let them give full play to their roles.

7 honorary title editor

In 2002, he won the Hong Kong "Bauhinia Outstanding Entrepreneur" Award from 165438+ 10;

"Outstanding Private Entrepreneurs in China" in 2002;

In 2002, he first entered the "2002 China Rich List" published by Forbes magazine.

In September 2003, he was selected as one of the "Top Ten Outstanding Youth in Shenzhen"; In June 2003, as an entrepreneur, Wang Chuanfu was selected as one of the 25 "Asian Stars" of Business Week.

2008 CCTV Economic Person of the Year "Innovation Award of the Year"

2010 may14 "2010 New Fortune 500 Rich List" ranked fourth with assets of 34.33 billion yuan.

As one of the 25 entrepreneurs who influenced China in the 20th century. [5]

8 Wang Chuanfu Quotations Editor

1. Life is like climbing a mountain, but finding the mountain and the road is a learning process. In this process, we should learn to be firm and calm, and learn how to find vitality from panic. Life is hard. If you have an unyielding soul, there will be a solid land under your feet.

2. We insist on international manufacturing and international quality, and take a road that China people should take.

In the field of batteries, BYD beat Sony and Sanyo with a cost advantage of only 30%. We have a cost advantage of 40%, and there is no reason to beat foreign companies.

4. In BYD, people are the ultimate executors of every key node and every strategic play. For workers, the combination of high pressure and high salary can have an immediate effect on efficiency, but not for engineers with high knowledge structure, strong values and strong self-esteem. Only by establishing cultural identity, let them follow your ideas.

5. At present, domestic private enterprises are all small ants, and they have not given enough consideration to brand management. Everyone is talking about a century-old enterprise. Centennial enterprise is not the continuation of product brand and enterprise brand, but the son and grandson of Laozi. For many OEM companies keen on "Made in China", should we think about this issue?

6. BYD's corporate culture is the belief and value orientation of BYD people and the embodiment of their glory and dreams.

7. The diligence and efforts of the Chinese nation determine that we will definitely become the number one in the world.

8. The key to success lies in taking risks. Many times, it's not whether you can do it or not, but whether you dare to do it. [6]

9 Important Event Editor

Wang Chuanfu and Buffett

One of the things that Wang Chuanfu was most talked about by the media was that Buffett, the "stock god", took a stake as a strategic investor. In 2008, Buffett subscribed for1800 million shares of BYD. At Buffett's shareholders' meeting in 2009, Buffett called Wang Chuanfu a "real star".

Under Buffett's favor, BYD's share price has also soared, from about HK$ 8 when it became a shareholder to the closing price of HK$ 6 1.85 on September 28, 2009. The bright rising curve made Buffett earn a lot of money and finally made Wang Chuanfu the richest man.

Buffett believes that Wang Chuanfu has unique management and operation capabilities. Under his management, BYD is a young and energetic innovative company. As early as March 2003, BYD set up the electric vehicle research department as soon as it entered the automobile industry, and formally established the electric vehicle research institute in June 5438+ 10, 2006. It is planned to invest 654.38+0.02 billion yuan to build an electric vehicle R&a； in the next three years; Testing center and production base.

Become the richest man in China

[7]20 12 Forbes CEO salary list.

[7]20 12 On June 27th, the Chinese version of Forbes published the "2065 438+02 Salary List of Listed Companies in China". In the list of "the highest paid CEO in major industries (A shares)", Wang Chuanfu was shortlisted with 4.07 million yuan. [7]

2009 Hurun China Rich List

Wang Chuanfu, Zhang Yin and Xu Rongmao are among the top three.

According to the list, the top 12 richest people in Hurun Report are: Wang Chuanfu (35 billion), his family (33 billion), Xu Rongmao's family (32 billion), Yang (3 10 billion), Huang Wei and his wife (30 billion) and Liu Yongxing (30 billion).

Biya