For ordinary people, learning the way to make a fortune and mastering the wealth code is a practical and feasible path. As the saying goes, only by standing on the shoulders of giants can you see further. After studying the entrepreneurial stories of hundreds of billionaires, we

For ordinary people, learning the way to make a fortune and mastering the wealth code is a practical and feasible path. As the saying goes, only by standing on the shoulders of giants can you see further. After studying the entrepreneurial stories of hundreds of billionaires, we found that they all combine wisdom, diligence, courage and opportunity without exception. Regarding whether one can use how much money can be used to measure whether a person's success is different, and it depends on each person's different values, but life cannot exist only in ideals. When we return to reality, money still plays an important role.

Xinjiang Changji

In this issue of "BOSS Research Society Business Legends", the editor brings you the business tycoon is Mr. Xiang Bin, an outstanding private entrepreneur from Changji, Xinjiang. It is reported that Mr. Xiang Bin's personal wealth mainly comes from the high-tech enterprise helmed - Weili Medical Devices Co., Ltd. (hereinafter referred to as "Weili Medical"). After we calculated based on the existing reliable data, we found that at present, Mr. Xiang Bin's personal wealth is conservatively estimated to have exceeded 2.1 billion yuan . This data is enough to make him among the top among the many Changji entrepreneurs. Then, the BOSS Research Society will lead everyone to meet this outstanding entrepreneur who came from our Changji.

Part 01

As the chairman of a billionaire and a listed company in A-share , even though Weili Medical has been listed for many years, there are very few personal introductions about him on the Internet. Even in Weili Medical's official F10 information, there are only a few two lines of description of Xiang Bin. It can be said that the word "low-key" is one of the most prominent labels on him.

Xiang Bin

1969, Xiang Bin was born in an ordinary working-class family in Changji, Xinjiang. He has been diligent and studious since childhood, and is well aware of the principle of "knowledge changes destiny". He studied hard and made himself an absolute "school master". In the college entrance examination in 1988, Xiang Bin was admitted to the Department of Mathematics of Lanzhou University with excellent results, becoming a rare famous university student in his hometown back then.

Part 02

After graduating from university, when college students were still in the "distribution system" for employment, Xiang Bin obeyed the organization's arrangements and was sent back to work in the Changji Grain Bureau, where he was from his hometown. Although the salary was not high, fortunately his work was stable, which was a "iron rice bowl" that everyone envied in that era. In 1992, Deng Gong visited Shenzhen in the south and delivered the famous "Southern Tour Speech", which inspired countless aspiring young people to lose their iron jobs and start a business. Xiang Bin was very encouraged after hearing this. The following year, he quit his stable public job at the Grain Bureau and embarked on the green train south to Guangdong alone.

Xiang Bin

First arrived in Guangdong, Xiang Bin applied for the job at the time of Panyu Jinqiao New Technology Medical Catheter Factory, and became an ordinary salesperson. With his outstanding work ability, his position was quickly promoted and eventually became the director of this factory. This "working" experience accumulated rich work experience and connection resources for Xiang Bin's medical catheter industry, and also laid the foreshadowing for his subsequent entrepreneurship.

Part 03

1998, Xiang Bin, who was no longer willing to "limit himself under someone's roof", left the catheter factory where he had worked for many years. After the Spring Festival, he used the savings he had saved from years of work to set up a small enterprise called "Panyu Weili Medical Supplies Co., Ltd." in Panyu Shilou, Guangzhou, and officially started his own entrepreneurial journey. With his many years of experience in the medical catheter industry, Xiang Bin led Weili Medical to grow rapidly as a dark horse in the industry. Now, Weili Medical has gone through more than 20 years of growth and has become , a leading global supplier of medical catheters for . Its products such as tracheal intubation and indwelling catheters occupy a "leading" position in terms of international market share.

Vili Medical

Part 04

2010 and 2021,Vili Medical successively obtained Pre-A round of financing from Yonghua Investment and Jiuding Investment and Titanium Investment's A round of financing. The intervention of capital forces has brought the development of Weili Medical to the fast lane since then. March 2, 2015, for Xiang Bin, it was undoubtedly one of the most memorable moments for many years in business. On this day, he led his own creation of Weili Medical to successfully enter the capital market and successfully listed on the Shanghai A-share main board, and the company's development has since turned a new page.

Vili Medical Listing Roadshow

This success also made Xiang Bin himself successfully join the ranks of "billionaires" overnight. After 17 years of hard entrepreneurship, he ushered in one of the "highlight moments" in his life. In the following year's "2016 Hurun Rich List ", Xiang Bin ranked 1812th in the country with a personal price of 2.2 billion yuan, becoming the only Changji entrepreneur on the list that year.

Part 05

In the next few years, affected by the fluctuations in the stock price of Weili Medical, although Mr. Xiang Bin failed to make the list again, after checking multiple authoritative data, we found that his value was still quite high. At present, Xiang Bin indirectly holds 31.36% of Weili Medical's shares through Gaobo Investment (Hong Kong) Co., Ltd. Based on the current market value of Weili Medical's nearly 6 billion yuan, the corresponding value of this part of the shares is as high as 1.85 billion yuan.

Vili Medical's stock market

In addition, we have also read the financial report data of Vili Medical over the past six years. Among them, from 2017 to 2021, and the first half of 2022, Vili Medical achieved net profits attributable to shareholders of 64.56 million, 65.4 million, 121 million, 153 million, 106 million and 82.32 million yuan. Therefore, based on the value corresponding to Weili Medical shares currently held by Mr. Xiang Bin and the dividends corresponding to this part of the net profit, his personal value should be at least RMB 2.1 billion .

Vili Medical

Part 06

Success is by no means accidental. For entrepreneurship, first, we need to have a sharp sense of smell to detect the business opportunities hidden around us; second, we need to have the courage to be the first and put our ideas into action; third, we need to have a clear and clear positioning of ourselves and the company, and understand what we are good at and what we want. I wish entrepreneurs success!

Are you optimistic about the future development prospects of Weili Medical?

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