As of the first quarter of 2016, West China Group's total liabilities reached 38.907 billion yuan, the debt-to-asset ratio was 68.78%, and interest-bearing liabilities were 24.57 billion yuan.

2025/05/2822:43:35 hotcomm 1467

Recently, an article titled "China's richest village has debt of 38.9 billion The world's number one village What exactly did Huaxi Village experience?" once again pushed Huaxi Village to the forefront. The article says that the world's number one village in the past has now reached a fork in the road that urgently needs transformation. As of the first quarter of 2016, West China Group's total liabilities reached 38.907 billion yuan, the debt-to-asset ratio was 68.78%, and interest-bearing liabilities were 24.57 billion yuan. On December 21, Wu Xieen, Secretary of the Party Committee of Huaxi Village and Chairman of Huaxi Group, held an extraordinary villagers' meeting to report the recent rumors that Huaxi Village has lied 38.9 billion yuan. Wu Xieen, the leader of Huaxi Village and Huaxi Village, once again became a topic of concern. What Guolijun wants to talk about here is not Wu Xieen, but his father, , Wu Renbao, , one of the most famous "farmers" in China.

As of the first quarter of 2016, West China Group's total liabilities reached 38.907 billion yuan, the debt-to-asset ratio was 68.78%, and interest-bearing liabilities were 24.57 billion yuan. - DayDayNews

▲On December 9, 2017, tourists visited the West Hua Jinta in Huaxi Village. Photo/Visual China

obeys the Party’s rural policies but does not blindly obey

Wu Renbao was born in 1928 and has been a long-term worker for others since he was a child, and he is penniless. After the founding of New China, Wu Renbao enthusiastically supported every policy at that time, including the Great Leap Forward and the release of satellites... In 1958, in the exaggerated style, he falsely reported the yield per mu of 3,700 kilograms. When he learned that someone had reported 10,000 kilograms, he immediately angrily pointed out that the other party had made a fake. But Wu Renbao later realized that this was just "fifty steps to laugh at a hundred steps".

In 1994, Wu Renbao said in an interview that in 1962, the Central Committee held a "Seven Thousand People's Congress", publicly admitted some mistakes in governance, and emphasized the need to seek truth from facts. This conference made Wu Renbao realize that the Party will make mistakes and will have times when it is unreasonable. From then on, it will obey the Party’s rural policies but not blindly follow them.

At the beginning, when Wu Renbao felt that the policies conveyed above were unrealistic, he immediately pushed back. Finally, he was criticized by his superiors as "proud, arrogant, independent kingdom, and extremely good", and almost dismissed. But Wu Renbao quickly adjusted the countermeasures. No matter what policies the above are, the leaders will definitely agree to it and achieve "verbal implementation" and may not be implemented behind the scenes. This flexible way of protecting the interests of the village.

In the 1960s and 1970s, Agriculture learned from Dazhai . Wu Renbao was already the village branch secretary and Jiangyin County Party Committee secretary. He really led the masses, "I don't count if I do it during the day, but I still have to do it at night, but I don't count if I do it at night, and I have to go to the ground before dawn the next day." Wu Renbao also went to the fields to work, and he did more than ordinary farmers, so he won the advanced model of "Agriculture Learning from Dazhai".

The People's Daily article on October 26, 1975 read: "The West China Brigade has studied Dazhai for 11 years. In the past, the grain yield per mu exceeded one ton, and this year it can reach 2,400 kilograms... Comrade Wu Renbao put forward five requirements to himself... Fourth, 80% of the force is used to grasp agriculture, and 10% of the local financial resources are used to agricultural mechanization, and all walks of life are included in the track based on agriculture; he compiled his blueprint into a poem: 900,000 people are devoted to the party, 700,000 acres of land are square, 60,000 mountains are replaced with new clothes, the five industries are developing and six livestock are prosperous, and everyone is happy." Seeing this report, Ye Shengtao, an 81-year-old fellow villager and writer of Jiangyin, was very excited and wrote a long hymn, which mentioned that "Comrade Renbao is numerous in Jiangyin, and his heroic achievements are worthy of his shoulders, and he even thinks of thousands of counties in the country, who cannot be as good as Jiangyin."

But the reality of learning from Dazhai is that West China is called the "Shadows Team". Girls in neighboring villages are circulated in the village saying "Marry a daughter but not a West China Lang". The whole village worked hard, and the total agricultural output value was only 240,000 yuan. So in 1969, Wu Renbao privately transferred 20 people to secretly set up a small hardware factory in the village, and the output value was equivalent to the grain planting income three years later. During this period, the tail of capitalism was being cut off, but Wu Renbao's instinctive economic rationality still allowed him to take the risk of secretly opening the small hardware factory. The fourth son Wu Xieen recalled: "The red flags fluttered in the fields and the horns were loud. The comrades who inspected them left, and we turned around and entered the factory." In 1978, Wu Renbao had taken stock of the family's assets in Huaxi Village, with a total of 1 million yuan in fixed assets, a bank deposit of 1 million yuan, and a three-year ration. This was already rich in rural areas across the country. At that time, the price of a pack of cigarettes in China was 0.2 yuan, and the purchasing power of a million-level is simply astronomical for ordinary people.

As of the first quarter of 2016, West China Group's total liabilities reached 38.907 billion yuan, the debt-to-asset ratio was 68.78%, and interest-bearing liabilities were 24.57 billion yuan. - DayDayNews

regards the "Southern Tour" as a business opportunity, and makes the villagers rely on the object

0 Huaxi Village Yang Yongchang recalled that Wu Renbao "per day to read newspapers, listen to Central People's Radio , watch the news broadcast at night, and timely understand the central policies and economic situation, and know it very well."

The Third Plenary Session of the Eleventh Central Committee was held. Wu Renbao, who has experienced ups and downs in the political whirlpool, is much more mature than many of his contemporaries. The central government implemented the land distribution contract policy, but Wu Renbao did not immediately adopt it. Instead, he visited many places in Hebei and Henan. After returning, he only said one sentence: "Understand the central policies and make a fortune in silence."

is not easy to play a solo tune in the resonance of the main theme. I am afraid that only Wu Renbao himself knew the pressure. In order to find the legitimacy of the policy for himself, Wu Renbao found out from the central policies that "if it is suitable, if it is suitable, if it is suitable, if it is divided," to defend himself.

Huaxi Village did not divide the fields, but raised funds to establish a sprayer factory for pesticides. By 1984, this factory alone had a net profit of 2 million yuan.

In 1992, Deng Xiaoping made a southern tour, and that year, "No matter whether it is a black cat or a white cat, if you catch a mouse, you will be a good cat" became the most popular saying in the market. Based on years of political experience, Wu Renbao immediately smelled the business opportunities of economic policy adjustments.

Wu Renbao convened all the cadres in the village for a meeting until two o'clock in the morning, with the purpose of discussing his judgment on the upcoming macroeconomic economy. After the meeting that day, the order was issued to mobilize all funds and hoard industrial raw materials. To this end, Wu Renbao led people to travel around to borrow high interest rates, and also used Huaxi Village's advanced reputation to find indicators everywhere and run aluminum ingots . The eldest son, , Wu Xiedong, , revealed that "the aluminum ingots purchased by the village at that time were more than 6,000 yuan per ton, but it rose to more than 18,000 yuan per ton in three months." This accurate commercial prediction achieved early primitive accumulation for Huaxi Village and established absolute authority for Wu Renbao.

Interpretation of the central government’s macro policies serve the micro-economy of Huaxi Village. Wu Renbao has always done this and has never missed it. At the end of 2007, there was a trend of inflation in China, and in the central news, there were more and more discussions on economic landing. Wu Renbao also felt that the prices around him were rising very quickly. In early 2008, he convened village cadres and leaders of various enterprises to Beijing for a meeting to discuss and analyze the international and domestic economic situation. Finally, Wu Renbao proposed that productive enterprises immediately cut down on their inventory of products and stop purchasing raw materials at the same time, and must first produce them after orders. A global financial crisis occurred in 2008. Many companies that expanded too fast suffered heavy blows, but the companies in Huaxi Village were safe and sound. This battle once again made Wu Renbao an object that the whole village admired and relied on.

As of the first quarter of 2016, West China Group's total liabilities reached 38.907 billion yuan, the debt-to-asset ratio was 68.78%, and interest-bearing liabilities were 24.57 billion yuan. - DayDayNews

Listen to him to make a report. It is a must-see program for traveling to Huaxi Village

Wu Renbao's four sons also use the single words in the name of the great leader to commemorate them, namely Dong, De, Ping, and En. Because Wu Renbao was very strict in tutoring when he was young, he was also very strict with his children. He beat him all of his five children. No one dares to persuade him yet, and even those who persuade him will be beaten.

Now, except for the granddaughter Wu Fang who was elected as deputy mayor of Jiangyin City in 2012, most of the Wu family were recalled by Wu Renbao to the village and held certain leadership positions, occupying nearly half of the secretary and deputy secretary of the Huaxi Village Party Committee. In this village where the party, village and enterprise are integrated, it actually grasps the economic lifeline of the entire Huaxi Village.

Wu Renbao goes to bed at 11 o'clock every night, gets up at 3 or 4 o'clock in the morning, and starts reading newspapers and TV news after washing up. When he sees content he is interested in, he will hold a cadre meeting at any time. Wu Renbao has no office in the village, and many meetings are held in his living room.

Before his death, Wu Renbao, who was in his 80s, worked hard every day to give speeches to a group of tourists, accept interviews from various reporters, etc. Listening to his report is a must-see program for traveling to Huaxi Village. Although the dialect spoken by Wu Renbao must rely on the "translation" of his granddaughter-in-law, whenever he uses the playful words of life to preach the story of how Huaxi Village follows the central government and moves towards victory, the people who listen to the report always laugh with knowing laughter.

Wu Renbao finally instructed to "simplify the ceremony" and "it should be considered that the Party Central Committee is advocating frugality", so the memorial service only put a row of wreaths in the village, rather than a sea of ​​flowers planned in advance. This is probably the last time Wu Renbao has keenly grasped the spirit of the central government in his life.

hotcomm Category Latest News