Operator Finance Network Intern Xu Dongyu/Text
Not long ago, Hurun Research Institute released the "2022 Hurun China Yuanverse Potential Enterprise List", and OFILM was on the list. It is reported that Cai Rongjun , who once again serves as the chairman of OFILM, has an extraordinary resume and has attracted much attention in the industry. Operator Finance Network will reveal his past experience.
According to Baidu encyclopedia information, Cai Rongjun was born in 1972 and is 50 years old this year. Cai Rongjun graduated from Shantou University with a bachelor's degree.
In his early years, Cai Rongjun worked for Kodak, the world's largest manufacturer and supplier of imaging products and related services. Cai Rongjun worked step by step in Kodak as a technician, engineer, senior engineer , and technical department manager.
Until 2002, Cai Rongjun founded OFILM and served as general manager. He became the company's chairman two years later. Under the leadership of Cai Rongguang, OFILM was successfully listed on the Shenzhen Stock Exchange in 2010.
However, on the evening of June 3, 2020, OFILM issued an announcement on the company’s chairman’s resignation and election of chairman, stating that Cai Rongjun submitted a resignation report to the company’s board of directors due to personal reasons and resigned as chairman and other positions. After resignation, Cai Rongjun will continue to Working in the company, he is mainly responsible for leading the company in business innovation and product technology upgrades.
At the same time, the announcement showed that the position of chairman of OFILM was taken over by another company executive Zhao Wei. However, Cai Rongjun resigned only one year ago. According to OFILM's 2021 financial report, Cai Rongjun is still the company's chairman, with the start date of his term being November 15, 2021.
However, OFILM’s financial report data in the past year was not glamorous. In 2021, OFILM achieved operating income of 22.844 billion yuan, a year-on-year decrease of 52.75%; net profit attributable to shareholders of listed companies -2.625 billion yuan, a year-on-year decrease of 34.99%; Net profit after deducting non-recurring gains and losses for shareholders of listed companies was -2.582 billion yuan, a year-on-year decrease of 25.28%.
OFILM received a letter of inquiry from the Shenzhen Stock Exchange due to the decline in its performance in 2021. The letter of inquiry asked the company to explain the reasons for the sharp decline in the gross profit margin of smart car products and whether there is a big difference between the gross profit rate changes of comparable companies in the same industry. And other issues.
In this regard, OFILM also responded to the Shenzhen Stock Exchange’s inquiry and stated that the main large losses came from the impairment of fixed assets, including apple business-related assets, a total of provision of 3.42 billion to 5.7 billion yuan in impairment.
According to the global rich list released in March 2022, Cai Rongjun ranked 2843rd on the 2022 Hurun Global Rich List with a wealth of 7.5 billion. He is a rich man in Jieyang, Guangdong.
But in fact, his net worth has shrunk greatly. As he was "abandoned" by Apple in 2021, OFILM also quickly fell from the altar. Not only has its performance suffered huge losses for two consecutive years, but its stock price has continued to plummet. As of the close of trading on February 18, OFILM's share price was only 5.86 yuan, only 24% of the high of 23.62 yuan in July 2020, and its market value had shrunk by 60 billion.
