Author | Wanlian Mountain
| Mo Mian, Gu Shu
| Pythagorean Big Data
This article has a total of 7362 words, and the estimated reading time is 20 minutes.
Among many entrepreneurs in China, Cao Dewang is an outlier.
On the one hand, he is a generous and generous philanthropist, on the other hand, he is a capitalist who cares about nothing, and on the other hand, he is a loner, patriotic entrepreneur.
He is good at eating, greedy for drinks, obese, unsmiling, and rich early in life, yet he has been able to get up at 4:30 a.m. for decades, be the first to rush to the company, and still insist on working every day at an advanced age.
Many people call Cao Dewang the most transparent, intelligent, complex and dramatic person in the business world, which is right.
He behaves with a low eyebrow, does business with an angry look, has feelings for his family and country, and dares to act and speak out. These have long been his indelible labels.
Perhaps, it is this kind of complexity mixed with reality that is called life.
01, The Wind Rises in the Early Years of the Republic
If not for an accident, Cao Dewang would have been born as a rich young master.
In 1947, the colorful world of Shanghai was in turmoil. Anyone with a discerning eye can see that the Republic of China government is failing and leaving it is the best option.
Cao Heren, a shareholder of " Yong'an Department Store ", bought a cargo ship, packed all his belongings and transported them back to his hometown Fuqing . His wife and children took the passenger ship with him. In the era of war and chaos, the good news was that the whole family returned to Fujian safely, but the bad news was that the cargo ship was overturned by wind and waves, and the entire family's wealth sank to the bottom of the sea.
Fortunately, my wife Chen Huizhen still has some dowry jewelry, so she can barely build a two-story building in the countryside.
Times were tough. The workers who came to help were captured by the national army. Their families came to ask for money and people every day. Cao Heren had no choice but to return to Shanghai and resume his old business, leaving his wife and children as hostages.
Chen Huizhen is the daughter of a landlord and has great face. Even in the most difficult period, her home is still spotless and the children's clothes are always clean.
"Don't tell people that our family only eats two meals a day, and don't tell people about our stomach." Hungry, no one will sympathize with you, have some backbone.”
years later, Cao Dewang always shed tears every time he mentioned his mother.
Cao Dewang is the second son. He has no name at first, so let's call him Cao Er. When he was 8 years old, he never went to school because he couldn't afford the 50 cent tuition fee. It was the gentleman in the village who came forward and said that it would be okay if the tuition fee was paid later and gave him a famous name.
Two years later, his father Cao Heren returned to his hometown. He often drank peanuts and wine, told his children about his glorious past, and instilled basic business knowledge into his children.
"You can do as many things as you have the ability. By the time you understand this, I will definitely be dead long ago."
In the first year of junior high school, Cao Er secretly went swimming in the river and was criticized by the school. The young man was full of energy and was extremely dissatisfied. He secretly followed the dean who was squatting in the latrine, climbed up the wall, made him urinate, and caused great trouble.
Just like that, he dropped out of school at the age of 13 to herd cattle at home.
In ancient poetry, the cowherd originally represented a carefree childhood, but Cao Dewang was not happy.
During the three-year natural disaster, the Cao family was already impoverished, and the adults in the family did not know how to farm, so life was extremely difficult.
My mother, Chen Huizhen, suffered from edema due to hunger, and the root of the disease has since fallen into place.
Several years later, in his autobiography "Heart Like Bodhi", he wrote, "The days of herding cattle allowed me to experience the bullying of the lower class people and the ugliness of the adult world at a young age."
The eldest brother Cao Degan He worked hard and became a substitute teacher in a commune middle school at the age of 17. Thanks to the relationship between the student's parents, I arranged an easy job for my second brother, counting tree pits, and he could earn 5 cents per day.
It is a pity that Cao Er did not change his stubbornness and secretly intercepted the water to fish for fish while the water was released from the reservoir, committing the crime of "harvesting the wool of socialism".
lost his job and had to go to sell goods with his father. He gets up at 2 a.m. every day, rides a bicycle carrying 300 kilograms of goods, and rushes to the fruit wholesale market before 6 a.m. After four years of doing this, Cao Er is already in his twenties.
At that time, Chen Huizhen's condition was getting worse, and she announced her second son's marriage. The girl was Chen Fengying from her natal village, and she didn't know a lot of Chinese characters. Cao Dewang originally had a partner, but due to his mother's fate, he had to break up with her.
The wedding only cost 20 yuan and was very simple.
On their wedding night, Cao Dewang said coldly to Chen Fengying, "I won't bully you, and don't even think about bullying me. We won't interfere with each other."
Just after the honeymoon, he sold all his wife's dowry and found a few more A small boy borrowed money to buy a piece of land to grow white fungus and smuggled it to Yingtan, Jiangxi for sale. The first transaction made 800 yuan, which was considered a huge sum of money at the time.
I often walk by the river, and my shoes don’t get wet. At that time, the country was severely cracking down on speculation. When Cao Dewang arrived in Jiangxi for the fourth time, he was detained by the militiamen as soon as he left the station and all his goods were confiscated. Not only did
lose its capital, it still owed the villagers more than 1,000 yuan.
As soon as I got home, the creditors came one after another. Cao Dewang was so anxious that he cried every day, almost all the tears in his life. When there was no way out, Chen Fengying came forward to assure the villagers that she would stay at home and not run away.
Cao Dewang was released from the village and went to Mingxi alone to work and pay back the money.
was frustrated. He just wanted to work honestly and had no intention of doing business. The construction site instructor was an old acquaintance of the Cao family, and he was successively arranged to work as a cook and a canteen buyer, with a monthly salary of 100 yuan, which was higher than the county party secretary, and he lived a prosperous life for two years. After the construction team of
was disbanded, he went to a farm in Putian to plant fruit seedlings through connections. By chance, he met Wang Yihuang, the director of Shandou Farm in Guantou Town, and was recruited to be a fruit seedling salesman.
did not achieve much in his first year, but Director Wang still paid him a salary of 10,000 yuan. Cao Dewang was both grateful and guilty. In order to repay the kindness of his acquaintance, he went around selling fruit seedlings. In two years, he actually earned more than 60,000 yuan in commission. He was known as "the leader in the seedling industry" at the time.
It was still 1975, and the term "household with ten thousand yuan" had not even appeared. Six thousand 10-yuan bills could be thickly spread at the foot of the bed.
Cao Dewang felt that he might be on his way out.
02, All-around exquisite travels in the world
In the spring of 1976, it rained heavily in Mingxi.
Cao Dewang, who was running business on the farm, stayed here and met two intellectuals who were being "educated" at the wine table. Wine is the catalyst for men's friendship. Amidst the chorus of "Hello, brothers," the three of them came up with the idea of making a water meter glass.
With the help of his eldest brother Cao Degan's work in the government, preparations for the construction of a special-shaped glass factory in Gaoshan Town were launched in October. However, the director of the factory was sent by the government. The two good buddies were engaged in technology, and Cao Dewang could only be a buyer.
In that era, the circulation of materials was mainly based on indicators, which greatly tested the interpersonal relationships and skills of buyers.
In order to expand his business, Cao Dewang took out wads of money from the foot of the bed, spent all day in the bathhouse, invited people to drink tea and smoke, and made friends with buyers from all over the country. He had a great time and was able to achieve his sales targets while talking and laughing.
Sometimes, if other units cannot handle the indicators, they will come to him for help.
During this period, a major event happened that could change his life: Cao Dewang, who was proud of his life, met an unforgettable confidante and even wanted to abandon his wife and son.
Since ancient times, heroes have been in trouble with beauties.
The woman is 24 years old, a civil servant, has two children, and has helped him a lot in his career. The two of them got along very well and both felt that they had found a soulmate.
It was still the early 1980s. The social atmosphere was relatively conservative and he couldn't bear the criticism of a beautiful woman. Cao Dewang wrote a letter to his wife, confessing his feelings and filing for divorce.
When Cao Dewang returned home, Chen Fengying did not make a fuss, but said calmly, "I know I am not worthy of you, and this day will come sooner or later. Just leave your three children and the house in the village to me. Don't I don’t want it.”
Hearing this, Cao Dewang was stunned for a while. Looking at this honest village woman, his conscience suddenly felt tortured: If he had not left his wife and silently supported the family, he would not have been successful today. .
One he loves deeply, and the other is kind to him. No matter which one he chooses, it will be painful. For unknown reasons, Cao Dewang selected 100 families to conduct a social survey and found that there is no perfect family. No matter how loving the couple is, they will continue to quarrel. Even if he marries his lover, he cannot avoid it.
After thinking about it, Cao Dewang finally did not divorce and transferred all his property to Chen Fengying's name.
Several years later, the 68-year-old Cao Dewang spoke frankly about this past event in his autobiography "Heart Like Bodhi",
"Home is a safe haven, and it is fate that two people who have never known each other can form a family."
To a middle-aged man For me, it is rare to be able to break through the most difficult relationship in life. He is no longer confused.
In 1983, Cao Dewang himself was still prosperous in the industry, but the glass factory had no improvement. It had changed six factory directors successively, suffered continuous losses, and was about to close down.
At this time, at 37 years old, he was already quite powerful. He found four partners and contracted the factory at a cost of 60,000 yuan per year.
’s new official took office with two things in mind.
's first fire is to abolish the big pot rice. Workers' fixed wages were changed to a performance-based system, and their enthusiasm for production was immediately mobilized.
is the second firebrand, formulating industry-wide standards. At that time, each unit had its own standards, and if you wanted to sell glass, it all depended on the salesperson's personal relationship.
He first went to Beijing to visit the cadres of the Instrument Bureau of the First Ministry of Machinery, and then rushed to Shanghai to convince the director of the Thermal Engineering Institute. After repeated operations, at the industry-wide conference that year, the Thermal Engineering Institute announced that in the future, all units will purchase water meter glass, and the thickness will be in accordance with the standards of the Ministry of Building Materials.
The two major stumbling blocks were solved, and the glass from the Gaoshan Factory was quickly sold across the country. It turned a profit in just one year, making a huge profit of 220,000 yuan. Cao Dewang made a personal net profit of 60,000 yuan. At the peak of
, of the 2.2 million water meters needed every year in the country, 2 million used high-mountain water meter glass.
Seeing that his career is getting more prosperous, Cao Dewang wants to go further, but his partner is Xiaofu Ji'an: Policy is like the moon, it is different every day. Let's divide the money.
Unable to persuade a few people, Cao Dewang found three other partners and decided to jointly invest in the Gaoshan Factory.
At this time, the eldest brother Cao Degan had been promoted to a division-level cadre in the province. With this background, the Gaoshan Town Government agreed to provide a guarantee, using the house as collateral. It first borrowed 80,000 yuan from the bank, and then borrowed 30,000 yuan from the Nanping Municipal Government. It invested a total of 110,000 yuan and became the largest individual shareholder of the Gaoshan Factory, accounting for 25%. % shares.
In 1984, on his way to Nanping , Cao Dewang accidentally learned that car glass was expensive.
At that time, China did not produce many cars, and most of the cars on the road were imported. Replacing the glass was not only troublesome, but also ridiculously expensive. Most of them are Japanese goods, and each piece costs 6,000 yuan.
This was too expensive. Cao Dewang suddenly thought: Can the Gaoshan factory also make automotive glass?
After the matter was settled, he immediately ran to Shanghai to find his old friend, Yaohua Glass Factory deputy director Shi Hongzang, and spent 20,000 to buy a set of old drawings that were about to be obsolete, and received technical support. We also sought a bank loan of RMB 500,000, introduced a set of Finnish equipment, and transformed the water meter glass factory into an automotive glass factory.
Only eight months later, the first finished product was released, and the price was only one-third of the imported product. This was a big deal at the time. Suddenly, people who opened repair shops and made auto parts flocked to Gaoshan Town, and the boss who came to Cao Dewang to purchase goods was constantly coming and going every day.
By 1986, the profits and taxes of Gaoshan Glass Factory exceeded one million, and the output value was nearly 6 million, making it a veritable big guy. At this time, Cao Dewang once again led the factory restructuring, introducing the state-owned China Automobile Hualian, the Provincial Foreign Trade Company, and companies from the United States and Hong Kong to form the Sino-foreign joint venture Fuyao Company.
He took his technicians abroad for training and boldly introduced overseas advanced equipment. Fuyao's technical level has advanced by leaps and bounds. It can produce a piece of glass in an average of 40 seconds. It costs 50 yuan and sells for 1,500 yuan. The money printing machine is no more than that.
In 1987, Fuyao Glass Co., Ltd. was established. His career was like a raging fire cooking oil, but Cao Dewang himself suffered a crisis of confidence.
Fuyao Group opening scene in 1988
In 1990, Cao Dewang came up with the idea of going public. After some operations of
, Fuyao Company became a pilot enterprise in Fujian Province. The following year, Fuyao officially issued 16 million shares to the public at a price of 1.5 yuan per share.
At that time, China’s capital market was just getting started. Fuyao, which had a good momentum, had no worries about being unable to sell its shares, and its stock price quickly rose to 2.5 yuan.But a few months later, rumors suddenly spread that Cao Dewang wanted to make money and run overseas, and that Fuyao could not enter the market at all.
Rumors are getting more and more intense, and more and more people are asking to withdraw their shares.
Cao Dewang was so disturbed that he cruelly borrowed 10 million usury and repurchased 4 million shares in his own name.
The debt with compounding interest made Lao Cao on pins and needles.
He went to Beijing and found Liu Husheng, who was a director of China Automobile Hualian at Fuyao. The latter personally went to the official in charge of the Restructuring Committee to solve the problem.
In June 1993, Fuyao finally listed on A shares , and the listing price was 44.44 yuan. Cao Dewang's stock increased more than 20 times, and he paid off all debts and made a net profit of 200 million.
But the next series of operations are quite confusing.
In 1994, 42% of Fuyao and 51% of its Wanda Auto Glass shares were sold to the French company Saint-Gobain by Cao Dewang and became their subsidiaries. Cao Dewang himself went through the immigration procedures with his family to the United States.
At that time, he had to work 16 hours a day, and the money he earned was enough to last a lifetime. He even wanted to become a monk at one point, so why bother?
Could it be that the rumors are not groundless and that Lao Cao really wants to run away and go abroad to enjoy his happiness?
03, Zhumeng America
Cao Dewang bought a piece of land in the United States and established Fuyao American GGI Company, purchasing goods from the Chinese headquarters and then distributing them to American dealers.
But this model was not popular in the United States, and it lost more than 10 million in three years.
decisively changed to direct sales, and "off-site retail" became "off-site wholesale." GGI immediately came back to life, made up for the loss hole in one year, and achieved more than 30% growth for three consecutive years.
At that time, Fuyao China was suffering continuous losses under Saint-Gobain, and its stock price continued to fall. Originally, Cao Dewang's original intention was to develop the international market, but as far as Saint-Gobain is concerned, Fuyao is just one of its more than 300 subsidiaries around the world, and there is no need to go to other subsidiaries. Doing well in the Chinese market is its entire mission.
Until 1999, Cao Dewang bought back Saint-Gobain's Fuyao shares at the original price, losing 30%, and became Fuyao's major shareholder again.
This past incident made him understand a truth. The so-called large international companies are only at this level, and they need to be strong themselves.
In 2000, Fuyao Auto Glass accounted for 12.5% of the U.S. market product share, but accounted for 25% of the profits, making American companies miserable. At the same time, dozens of Chinese glass factories have followed Fuyao into the United States, constantly squeezing the living space of local manufacturers.
Fuyao Glass stock price trend from 1994 to 2004, source: Choice
The turning point of the matter was in 2001. In January of that year, the U.S. government changed, and President George W. Bush came to power instead of President Clinton. This changed the direction of friendship toward China, and Sino-U.S. relations gradually became tense.
Only a month later, three companies including the American automotive glass manufacturer PPG reported "illegal dumping" by Chinese companies to the U.S. Department of Commerce and the Trade Commission. Many Chinese companies were subject to anti-dumping lawsuits in the United States and Canada, with Fuyao being the key target.
At that time, China had just joined WTO, and most companies were not very familiar with international rules. They had no choice but to give up when encountering this kind of thing. However, according to the rules, if you give up responding to the lawsuit, you will lose your export rights for at least five years, and the export of the entire Chinese automotive glass industry will be affected in the future.
Cao Dewang's performance at that time was unexpectedly "hard". He did not hesitate to spend more than 100 million in legal fees and stayed up late studying foreign law. He has won two lawsuits against Canada and the United States, and even sued the U.S. Department of Commerce.
"I have no dumping. I don't want to leave an unfair precedent in the history of China's foreign trade, and I don't want to be a sinner through the ages."
"Americans can bully others? That means losing everything. I want to make the matter bigger and let the whole world judge!"
He also explained to the boss of PPG the principle of "when the snipe and the clam fight, the fisherman will benefit", "We should shake hands and make peace and cooperate for a win-win situation."
The other party also realized that even if Fuyao is kicked out of the United States, he will not have much. Benefits, high labor costs are the core pain point.
The two sides simply reached a cooperation, and Cao Dewang himself became one of the representatives of the normalization of diplomatic relations between China and the United States, completely establishing a foothold on the other side of the ocean.
really enjoyed the taste of a national hero.
It was also during this year that he realized his other identity:
70% of China's cars and 25% of the world's cars are made of Fuyao glass. Fuyao has become synonymous with Chinese automotive glass.
is no longer the small businessman he once was, but a Chinese entrepreneur with certain influence, shouldering a responsibility that cannot be shied away from.
"Immigration is done by small people. Big people have ambitions and cannot immigrate."
"When our Cao family immigrated, China would not have its own glass."
This may be his original intention, or it may be that he wants to return to his roots in his sixties. After much consideration, I decided to give up my U.S. green card and return to Chinese citizenship. He also made it clear to his three children that they could not inherit the inheritance unless they left the United States.
"Do you know how much kindness the Chinese government has to me? Without reform and opening up, there would be no Fuyao. This is a Chinese thing."
These words should be revealed from the true feelings. The history of Lao Cao's fortune is inseparable from one of the nobles in the country. Another favor.
His pursuit of career has also upgraded from simply making money to "making the Chinese people's own glass."
But the crisis soon came.
In 2007, the global economy has been growing rapidly for several consecutive years. Beijing is about to host the Olympic Games, the 17th National Congress is about to be held, the stock market is reaching new highs, and people across the country are enthusiastic. The situation of
was great, but Cao Dewang smelled something unusual.
At that time, the RMB continued to appreciate, and the country successively promulgated the Labor Insurance Law, Environmental Protection Law , and Highway Law , which had affected the production costs of small and micro enterprises.
Cao Dewang found through research that the after-tax profits of small and micro export enterprises are only 4%-5%, and the cost increase far exceeds the break-even level. As the signs became more and more obvious, he immediately launched the largest self-rescue operation in Fuyao's history. Amid opposition from the management, he stopped all expansion projects, cut off his arms to survive, and closed four newly built incubation lines. According to the original share-trading reform plan, if
cannot achieve the goal of increasing profits by 30% every year since 2006 in order to prevent a crisis, Cao Dewang, as the major shareholder, will passively transfer 70 million shares, about 2.2 billion yuan.
This is a big gamble. We all know the subsequent story of
. That year, the subprime mortgage crisis broke out, and the financial crisis spread to the world. U.S. car companies suffered a devastating blow, and Chinese companies also had a hard time.
Because Fuyao was well prepared, the situation quickly improved.
Fuyao Glass stock price from 2006 to 2010, source: Choice
In 2010, Fuyao signed a strategic cooperation agreement with General Motors of the United States, promising to build a factory in the United States by the end of 2016, covering an area of about 800 to 900 acres, and the price was only US$15 million. .
In 2014, Fuyao acquired a local factory and named it "Fuyao America." This is just the first step in Fuyao's territory expansion, and hundreds of millions of dollars will be invested next.
Dayton, a small city that suddenly became lifeless due to the economic crisis , immediately glowed with new vitality.
In October 2016, the first phase of the factory was completed and it was quickly filled with people, providing more than 6,000 jobs. Fuyao America held a grand celebration for this occasion, and Cao Dewang also traveled across the ocean to come. All the important local people in Dayton attended, wanting to meet the legendary Chairman Cao.
The celebration was very lively, but Cao Dewang couldn't care less about being happy.
In China, doubts about "Cao Dewang is running away" were once in the air.
In response, Cao Dewang said, "65% of Fuyao's market sales are in China. Why should I go out there?"
"The comprehensive tax burden of China's manufacturing industry is 35% higher than that of the United States. Land is basically free, and electricity prices are China's." Half, the price of natural gas is one-quarter of that in China. The only advantage China has over the United States is its labor force. "
These remarks aroused widespread resonance among many private entrepreneurs and caused an uproar in public opinion.
But it is not easy to get along in the United States. Fuyao has encountered a problem that PPG has had a headache for a long time: production efficiency is too low.
In order to train mature workers, Cao Dewang specially sent a group of old people from China to teach American workers step by step. But if you live well and teach well, your ideas are hard to change.Americans are lazier than Chinese and have poor discipline. They have to eat on time and are unwilling to work overtime. Often, qualified glass that can be produced in just a few minutes is scrapped because they are in a hurry to get off work.
In turn, American workers complain that Chinese companies do not pay well, the environment is not safe enough, and disciplines are too strict.
Different ideas quickly collapsed in reality into an urgent question: How can Fuyao in the United States produce qualified glass in quantities that meet demand?
That year, Fuyao's parent company achieved double-digit growth in earnings, but Fuyao USA suffered a loss of US$40 million. Cao Dewang had to fly to the United States for meetings once a month, which made him very anxious.
Then there are the traditional three pillars of Chinese enterprise management, including removing thorns, rotating training at the management headquarters, and replacing cadres.
Then came the protracted tug-of-war with American labor unions. Cao Dewang even spent $1 million to hire an “anti-union consulting firm” to silence “supporting union” voices.
"In the United States, if there are trade unions there will be no improvement in factory production efficiency! When Chinese companies go out and encounter trade unions, they turn away and don't even touch them!"
In any case, Fuyao won in the end and took China The management model became embedded in the lives of American workers. By 2018, Fuyao in the United States finally achieved profitability, in sharp contrast to the declining domestic factories.
These stories were later filmed in the documentary " American Factory ", which was invested by former US President Obama and produced by Netflix, revealing a cruel truth: The traditional manufacturing rules of the United States have long been unable to keep up with the times.
If a country wants to protect the welfare and employment of ordinary people, it must not abandon its manufacturing industry, whether it is our own " Tiexi District " or "American Factory" across the ocean.
"I don't do real estate because I can make glass. Let others do this business. He said it's easy to make money. If it's easy to make money, let him make it. Likewise, I'm not short of money. As long as I can eat."
04 , Xin Ruo Bodhi
In 2022, Cao Dewang's wealth is worth US$3.3 billion, ranking 1010th in the world, and only 120th in China.
But this does not affect his reputation in the slightest.
Looking back on May 30, 2009, Cao Dewang became the first Chinese winner of the Ernst & Young Global Entrepreneur Award. At the award ceremony, he held high the Chinese flag and said,
"I am here to receive this award on behalf of the Chinese people."
"I am not doing it for money, nor for enjoyment."
"Then what is it for?"
"For China." We can become stronger by working together, this is my true words.”
htm. l0 "But what you said does not seem to be particularly consistent with your identity as an entrepreneur.""You are wrong. Entrepreneurs are not rich people. They must have such a realm and mind. The country will be strong because of you, and society will Progress will be made because of you, and people will be prosperous because of you. This is what entrepreneurs should do." In an interview show with
, Cao Dewang smiled and told the host about his understanding of the realm of entrepreneurs.
He always said that his success was the result of the times. He caught up with the tide of reform and opening up. Before the opening up, he was as poor as a ghost.
If you are poor, you can benefit yourself; if you are prosperous, you can help the world.
In May 2011, Cao Dewang established the Heren Charity Foundation in his father's name, donating 50% of his name, totaling 300 million shares of Fuyao Glass, with a market value of 3.549 billion yuan that year, setting a precedent in China's charity industry.
In the next ten years, the foundation will distribute stock dividends every year and reduce its holdings to donate a small amount.
In addition, Cao Dewang’s donations in his own name alone have so far reached 11 billion yuan.
大头 On May 4 last year, Cao Dewang donated tens of billions to establish " Fuyao University of Science and Technology " with a view to cultivating manufacturing talents for the society.
Whenever he hears someone saying that he is the most charitable person in China, Cao Dewang always waves his hand, "Compared with Mr. Yuan Longping, these are nothing."
At the end of last year, there was a very popular picture.
At the annual entrepreneur development meeting, everyone was busy socializing, chatting, or exchanging contact information.Only Cao Dewang sat and ate alone, acting like a maverick.
Those who lined up to offer a toast to Lao Caotao were all stopped one by one. People couldn't help but sigh that only Mr. Cao really came to eat.
Actually, if you think about it carefully, it’s not surprising. Fuyao Glass already accounts for 70% of the world's share. He doesn't need to deliberately make friends with anyone, and he has the confidence to do whatever he wants.
Looking at his life over the past few decades, it is all made up of choices. Give up or keep, reject or accept.
But looking at the rest of his life, he always stuck to one thing. Make the nearly bankrupt glass factory number one in the world and bring Chinese glass to the world. Because of his presence, the proportion of China's auto glass imports is almost 0.
He spent his whole life and left a huge glass factory for China, and he is the well-deserved king of glass.
"If you don't earn money from glass, I won't take it if you give it to me."
The full text is complete, thank you for reading.
References
REFERENCE MATERIAL
[1] Xin Ruo Bodhi, Cao Dewang, 2014
[2] Entrepreneurs have national boundaries, Jiao Wenjin, reporter observation, 2021 (03)
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[4] An objective view of Cao Dewang's "acclimatization" in the United States, Liu Bo, Business Observer 2017 (07)
[5] "Double-sided" Cao Dewang in the storm, Xu Hao, China Economic Weekly 2017 (03)
[6] Maverick " "The King of Glass", Zhang Rui, Foreign Economic and Trade Practice, 2015 (02)
[7] Cao Dewang: The leading actor behind the Oscar, Chinese businessman 2020 (01)
[8] There is a hole behind the Pixiu to educate the heart, contemporary workers 2019 (07)
[9] "Old Model Worker" Cao Dewang - Remembering the Chairman of Fuyao Glass Group , Wan Jiangxin, Modern Corporate Culture 2017 (05)
[10] "American Factory": An Atypical Manufacturing Story, Master Lu, Resource Regeneration 2019 (08)
