September 29, Hoogewerf Research Institute published in 2009, "List Hurun, BYD Co. Chairman Wang Chuanfu to plateaus of 35 billion yuan of new wealth has become the richest man in China. Wang
Chuanfu instantly become public attention and media figure. Start Time: 1995 Venture Capital: 2.5 million yuan
The state of the industry: the world's largest manufacturer of lithium batteries, China four major manufacturers of one of the car.
Availability: July 31, 2002, BYD Company Limited in Hong Kong main board listed.
The success of reviews: Doing Business is like war and firm conviction will certainly win, hesitating delay would give the opportunity.
26-year-old became the youngest director of the National
February 15, 1966, Wang Chuanfu was born in Wuwei County, Anhui Province, but one of the most unusual family farmers in the custody of their parents have a carefree childhood. However, the high
school junior when he read this turn of events took place at home, so that he suffered psychological trauma and lost his taciturn. To forget the pain was still very young ears Wang Chuanfu will
not hear anything outside the window, bent on studying hard, forming a strong character and patient. He believes that there is no higher than the foot of the mountain, there is no further than
the foot of the road: he was convinced that as the indomitable spirit that he will certainly be of a wide road.
In July 1987, 21-year-old Wang Chuanfu of metallurgical physical chemistry from Central South University of Technology graduate in the nonferrous metal Beijing Research Institute. In the
post-graduate, it is harder and all the energy in the battery to the study. It is often said, people with lofty ideals, it is a way. Only after one to five years time, 26-year-old Wang Chuanfu
has been entrusted with one exception, deputy director of the Research Institute of 301 heavy, became the youngest director. Which led to his unexpected is that the move was prompted by the
experts the opportunity for entrepreneurs from the sky. In 1993 the Institute was established in Shenzhen, Beagle Battery Co., Ltd., due to field of study, and Wang Chuanfu is closely related to
Wang Chuanfu naturally CEO.
In certain business operations and the actual experience of producing batteries, Wang Chuanfu found that their fields of study, one of the battery
industry, take two, 30,000 yuan to buy a cell phone, industry household batteries as mobile calls a blowout "in the Ascendant. As an expert research to discern the unique Wang Chuanfu envious
heart, he firmly believes that technology is not a problem as the size the authority of big business. Then he took a bold decision of the Beagle Battery Co., Ltd. --- go it alone. With a strong background in Beagle Battery Co., Ltd., has resigned as general manager positions, which
generally seems to be too risky. But Wang Chuanfu believe in one thing: The most beautiful landscapes still cliffs, rich and always in danger in the highlights.
Sailing on borrowed 2.5 million yuan
In February 1995, Shenzhen turns warm again, Wang Chuanfu given to the investment management of the cousin, Xiang-Yang Lü, where money borrowed 2.5 million yuan, registered BYD Co., Ltd was
established directed more than 20 people and Shenzhen, the old LT Sailing Workshop.
Is not difficult to create a company to manufacture a product is not difficult, the difficulty is how to evolve in the smallest possible investment in the best possible performance. This requires
vision and the need for adventure. And Wang Chuanfu has the largest capital, a strategic vision and adventurous spirit.
Recall the circumstances at the time, Wang Chuanfu said he did not then people can be so much courage.
The company started, Wang Chuanfu facing a problem of shortage of funding: a nickel production lines cadmium batteries require tens of millions of entries, one has a fully automated, all dry
studio lithium battery needs billions RMB.
No money, but from Wang Chuanfu reach a practical approach: it-yourself equipment manufacturing, supply chain can be decomposed in a month to complete the process manually. To do this, a 4000
Nissan-range nickel cadmium batteries for production, not more than 100 million yuan. Wang Chuanfu said: "We often have this account, a set
of equipment imported 20 million dollars. In 60 months of amortization, 2x monthly million yuan. If the money used to hire workers, how many people could be invited to 20,000 yuan, some 10 people
on top of a mechanical hand is not it? "
Sun received an alga was the first to invite firms Wang Chuanfu. In October 1994, Jiangxi Copper was at work, he received a call from Wang Chuanfu, he said, and few people want out of business,
need equipment and machinery manufacturers have some experience. Although the algae before Sun and Wang Chuanfu only one or two contacts, but he long ago tired of living in a state-owned
enterprises where there is no suspense over the next 30 years of life.
Studies mining machinery sun algal origin, soon came to where the Ministry of Foreign Affairs BYD this time. This is a only a dozen of the team, food throughout the world, housing, research and
development are all concentrated in the seven-storey high, the night almost exclusively aligned to sleep. Soleil's production equipment algae was responsible for the development of nickel-heavy,
in fact, people often act as a purchase of equipment, manufacturing equipment and management of multiple tasks. He soon found that he must quickly become an expert of the battery.
In 2000, Wang Chuanfu decided to enter the field of production of lithium batteries, it brought two million yuan went to Japan to buy supplies. The results of lateral openings in Japan is five
million U.S. dollars. And I understand that Chinese people can not you do lithium batteries, you will still bar the house. Wang Chuanfu nothing and began production equipment nickel battery, a
large number of range of lithium production in motion, can not be compatible with the re-design, not being designed and will artificial use and installation to be done. For example, to cut a very
A very big film, cutting machine in Japan can not afford to use the paper cutter from China when accompanied by an equal length and width of the wall as a clamp to allow cutting dimensions. Best
conditions a little on the use of shears, no matter how good that will use an automatic cut. As another example, a coating imported from Japan confidential nearly 2,000 million yuan, BYD is
developing its own.
The production method of BYD Li-cost ion battery production plummeted. A price of BYD Li-Ion battery only 1.3 U.S. dollars, while its bigger rival Sanyo, compared to 4.9 U.S. dollars. 2000 years
ago, Motorola BYD bring in their own supply system. Not only that, this semi-semi-automatic production line artificial
Let BYD has some other advantages. The first is flexibility. When the customer for the replacement product, or increasing the order of the day, BYD free to adjust the production line, without
depending on foreign aid. "A generation equipment battery 10 million, we will be able to do a good job in 3 months, while a Japanese company with the introduction of automation equipment for
commissioning is completed, time least one year. " BYD said later.
BYD first visit, Motorola, Nokia, BYD modes of production have all been surprised, for fear of attracting BYD can avoid the manual for the variable. But now they are no longer any doubt on this
point, but also found that semi-automatic line will not be fully automated production problems error command line to avoid a few recalls 10 million batteries . Today, lithium batteries BYD
accounted for 60% share of the world, so the absolute monopoly. In 2008, BYD Company Limited to become the world's largest manufacturer of lithium batteries.
Car manufacturing has been considered madness
If we say that the only source of entrepreneurship is an adventure for Wang Chuanfu, then decide on the automobile is undoubtedly his mad adventure travel.
January 23, 2003, BYD has announced that the purchase price to 2.7 billion Xian Qin Chuan Auto Co., Ltd. 77% share. Geely, BYD, after becoming the country's second private car manufacturers.
August 2003, in Shaanxi and Guangdong to Promote Trade and Economic Cooperation Conference, Wang Chuanfu Zaibao surprise move, BYD and Xi'an High-tech Industry Development Zone, Shaanxi
Provincial Investment Group has signed a joint venture BYD production line of electric vehicles, the project investment of 2 billion yuan.
Wang Chuanfu idea is that each production area of the battery strength of the core technology, build electric vehicles in China and the world No. 1 brand, "Battery" King will build cars with their combined forces . Wang Chuanfu self confidence comes from BYD in the successful production of the
battery. He wanted to copy such a success, he spotted a huge car market. Wang Chuanfu done to the car BYD looking for a good reason.
August 9, 2007 BYD Auto production base in completing the F6 upscale cars as off the assembly line. 2008, BYD sold more than 200,000. A sharp decline in national car market in 2008, there were
only Dongfeng Nissan, Honda and Dongfeng Motor Corporation BYD has completed a period of three years set sales targets. BYD is the only independent manufacturer of car brands, is also the only
domestic car maker to double its sales business.
BYD E6 model year has a pure electric car, which is the first pure electric cars, BYD find enough eyeballs.
Wang Chuanfu said, "2009 sales target to reach 40 million units, continue to maintain 100% growth rate. BYD in 2015 to become the first automaker in China in 2025 to become the first in the
world."
