Zhang Ganglun and Wang Lixin, two sixth-grade cousins, may not have expected that they will join forces to become the third-generation traders of the family business in the future. The cousin takes charge of the helm and draws a blueprint for transformation. The cousin offers advice behind the scenes to be a "military advisor". These cousins who used to climb up and down the construction site to work together have a tacit understanding of hardships!
Jiaxin Cement is a former cement factory in Taiwan. On June 19, 2013, Zhang Ganglun, who was 42 years old at the time, took over as chairman and officially completed the third generation of takeover. In the office of this young man Jiani, photos of his grandfather, Taiwan's "cement king" and Jiaxin Cement founder Zhang Minyu have been hung for many years, and the mission is of great significance.
The best and worst times, cousins worked together to transform
Jiaxin Cement Chairman Zhang Ganglun (2nd left), and CEO Wang Lixin (2nd right)
June 22, Jiani held a shareholders' meeting.
Jiani Young Marshal and Chairman Zhang Ganglun pointed out that in the face of the impact of the new crown epidemic, this year will be the best and worst era. It is more conservative about future cash flow, but it will continue to develop the next step of the homestay market.
At the beginning of this year, Jiaxin Enterprise Group prepared HotelCollective, a new brand of Duoshi Hotel, and opened trial operation on January 6. What caught people off guard is that an epidemic is facing a new challenge. Taking the tourism and accommodation industry is one of the important paths for Jiani's transformation.
Faced with the changes in the overall environment of the cement industry and the rapid changes in the global economic situation, Zhang Ganglun, the third-generation successor who led Jiani, is undergoing transformation. Zhang Ganglun once said that only by keeping pace with the times can one stay sustainable, and the success of a company lies in discovering a blue ocean. Under his leadership, Jiani will still be based on cement in the future. After cross-border travel, it will become the core axis of dual operations.
Jiaxin Cement, once the third largest cement factory in Taiwan, is also the first cement manufacturer to span the two sides of the strait. However, Jiani no longer produces cement and only engages in cement-related distribution business on Taiwan. Cement is the foundation of Jiaxin's establishment. Zhang Ganglun also said that "Jiajin will not withdraw from the cement industry" and cannot be released, it is just a transformation.
Currently, Jiani holds about 5.69% of Taini's equity, which is a strategic holding. On the other hand, Jiani is also promoting transformation. In addition to cross-border accommodation service industry, another major project is the health care system project. Zhang Ganglun's cousin and CEO of Jiani Wang Lixin also said that the demand for confinement market in mainland China is strong, and the group has almost gone to the mainland to invest in confinement clubs to accelerate the expansion of postpartum care business.
Tai Ni Chairman Zhang Anping
In 2019, the proportion of various businesses of Jia Ni is as follows: cement accounts for 54%, warehousing and logistics 29%, tourism and accommodation industry 3%, and real estate 14%, which means diversified layout.
Zhang Ganglun, the current chairman of Jiani, is the third generation successor of Jiani. He was born in 1971 and has a master's degree from the Massachusetts Institute of Technology in the United States. He currently has a son and a daughter. Zhang Ganglun was born in New York and the only son of Zhang Yongping, former chairman of Jiani.
In November 2011, Zhang Yongping resigned from his position as chairman and director in order to take into account the company's image and handed over the baton to his younger brother Zhang Anping to his baton.
Zhang Ganglun's grandfather and founder of Jiaxin Cement, Zhang Minyu, is from Xiapu , who died in June 2008 at the age of 95. He is a storied figure in the "Ningbo Gang". Zhang Minyu planned to make major inheritance early during his lifetime, but his eldest son Zhang Dongping avoided the United States due to the debt crisis of Jiaxin Electronics (i.e. "Zhaoqi Industrial") in 1983. The inheritance burden was handed over to the hands of the second son Zhang Yongping.
In June 2007, the two major industry giants, Jiani and Taiwan Ni, decided to exchange shares and merge, and acquire shares in Hong Kong subsidiaries "Jiani China" and "Taiwan Ni International". However, Zhang Yongping resigned after being charged with "inside transactions" in 2011, and his third brother Zhang Anping took over.
In the Taiwanese business community, Zhang Anping is known as the "fire-fighting captain". His family considered that Jiani had transformed from a manufacturing entity to an asset manager and decided to let Zhang Ganglun, the third generation of the family, take over early. On November 19, 2013, at the Jiani shareholders' meeting, Zhang Ganglun, the son of Zhang Yongping, was elected as chairman, and his third uncle Zhang Anping was changed from chairman to vice chairman, officially completing the third generation's succession. That year was also known as the "first year of Xin Jiani".
In fact, Zhang Anping did this to get rid of the situation of "burning candles at both ends". Zhang Anping is the former chairman of the Straits Foundation, Gu Zhenfu, who loves his son-in-law and is deeply trusted and trusted by the Gu family. His wife Gu Huairu is the chairman of Yunlang Tourism Group. At that time, in addition to being the chairman of Jiani, Zhang Anping was also the CEO of Yunlang Tourism Group, a subsidiary of the Gu family.
In 2017, Gu Chengyun, the son of Gu Zhenfu and chairman of Qiantai Ni Group, passed away unexpectedly. His sister-in-law Zhang Anping was appointed as the "best rescue pitcher in the enterprise" again and took over the chairman of Tai Ni Group until now.
Taiwan Clay Group earns a new profit last year. Faced with the impact of this epidemic, Zhang Anping said that he should be cautious about the "whip effect". The number of uncertain factors increases, and the market is becoming increasingly difficult to predict. He emphasized that in 2020, the companies of Taiwan Clay Group will be more cautious and conservative, "using defense instead of attack."
Zhang Ganglun (middle) and Wang Lixin (left) cousins
Now the CEO of Jiani, Zhang Ganglun’s cousin Wang Lixin. The cousins were once sixth grade classmates and were also good partners who share weal and woe.
In 2015, Jiani carried out a management reorganization, and Chairman Zhang Ganglun resigned as the general manager and was taken over by Qi Shiju, general manager of Jiaxin Asset Management Development. At the same time, his cousin Wang Lixin was promoted from deputy general manager to executive vice president, and later to CEO of Jiani.
Wang Lixin's husband is Ge Shizhong, the second-ranked three brothers of the Heshi League, a well-known international catering group. It is precisely because of this marriage that Jiani once cooperated with Heshimeng to develop a catering building.
Jiani and Yunlang Tourism Group cooperated to invest in a hotel in Rome, and then purchased land in Okinawa, Japan to prepare to build a hotel wholly owned. Over the years, cousin Zhang Ganglun has chosen the tourism industry as a major breakthrough in the transformation, and his cousin Wang Lixin is like a "military advisor" and offers suggestions to support him. According to Jia Ni's estimates, the Okinawa International Hotel, which has been put into trial operation in Okinawa, Japan this year, will greatly change Jia Ni's revenue structure once it is successful and is expected to become the main source of Jia Xin Enterprise Group's revenue in the future.
Zhang Ganglun and Wang Lixin's cousin were sent to work by their family to the mainland as soon as they graduated from school. At that time, Jiaxin Cement established the first cement plant invested by the group in mainland China in Zhenjiang, Jiangsu. At that time, Zhang Ganglun was responsible for managing the project progress and looking for mines. My cousin Wang Lixin is responsible for engineering coordination, insurance and financial supervision. At the construction site, the two climbed up and down and endured hardships together for 10 years, which is one of the reasons why the two cooperated so well in the future.
takes over the chaos, Jia Ni The third generation is looking forward to "rebirth from the fire"
Zhang Ganglun and Wang Lixin cousins took a photo in front of the photo of the founder Zhang Minyu, the photo of the founder of the generation,
" cannot retreat when encountering things. The more heavy the burden comes, the more you can hold on your shoulders! ", this is what Zhang Minyu, the "cement king" of Taiwan and founder of Jiaxin Cement, said.
Jia Ni, over the past 20 years, Zhang Ganglun was promoted to the throne of Dong Zu 17 years ago. In fact, it was also a chaotic situation. The more difficult thing is how the company "a hero cut off his arm" and how to "reborn from the ashes".
As a third-generation member of the family, Zhang Ganglun first joined the Jiani board of directors and was appointed as the executive director. It was in 2003. Ten years later, he officially took over and became the third-generation helmsman of the family business. As grandfather Zhang Minyu said, the more you have to bear the burden, the more you have to hold on your shoulders, taking over is Zhang Ganglun’s fate and mission. We must take the helm of Jiani, which is older than us, and the industry is fierce. For this young coach of Jiani, it is really dangerous and full of dangers. His desire for transformation is good, but it is also full of thorns along the way.
In 1996, Jiani built Jiaxin Jingyang Cement Plant in Zhenjiang, Jiangsu. This is the first Taiwanese company in China's cement industry. Zhang Ganglun, who had just graduated from university and was 25 years old, was recalled from the United States by his father Zhang Dongping and sent directly to the Jiangsu factory to "square in".
After officially taking over in 2013, Zhang Ganglun not only led the company's transformation, but also launched drastic internal changes in the company, such as the personnel structure changes, such as Wang Lixin, the sister of her cousin, who boldly promoted her to her cousin, as the best helper to promote corporate transformation.In addition, he also boldly started a professional manager. Qi Shiju is a senior executive of Jiani and a professional manager.
The characteristics of the senior executive team of family corporate structure must be consistent with and match with corporate governance and strategic needs, and must adapt to changes in the market and corporate strategic environment.
The third uncle Zhang Anping also supported his nephew's series of actions. He once said: "In the future, only asset activation can be carried out. ." In fact, after taking over the chairman's scepter from Uncle San, Zhang Ganglun has taken real estate development and asset activation as the focus of corporate transformation and diversified development, and has accelerated his entry into the overseas real estate market.
Jiaxin Cement Chairman Zhang Ganglun
Zhang Ganglun grew up in a wealthy family environment since childhood and grew up abroad, but he was deeply influenced by Chinese traditional culture. He likes Tai Chi and especially likes martial arts novels.
He was born in New York and was sent to the United States to study in high school. During this period, he once didn't like to study, so he bought a heavy motorcycle and had a car accident. Later, in order to punish him, his family refused to send him money, so he had to go to New York to work. He lived in a dilapidated apartment with no air conditioning and several people crowded together. He even spent the night in Central Park, New York, and was robbed for the second time.
However, after letting him reach adversity, he also developed his independent personality and found a job in cement equipment sales in New York. When Zhenjiang Jingyang Cement was built in 1996, he was recalled by his family and in fact he became the "pioneer" of Jiani's westward entry into the mainland.
Father Zhang Yongping later said proudly: "My son rolled up his sleeves and went to the countryside to work hard since the factory was established in mainland China, starting from the most basic skills of the cement industry."
The brothers fighting tigers, father and son soldiers, Lugang Gu family, and Jiani Zhang family, have all spanned a hundred years, and have been rich for three generations, and are still prosperous today. Jiani founder Zhang Minyu is a storied figure of the "Ningbo Gang" of the same generation as Dong Jianhua's father Dong Haoyun. In the process of inheritance, "brothers' company" and "father-son soldiers" have become the norm. They all have a similar inheritance model, that is, the "family-in-class" model. In addition, there is another inheritance tradition, that is, the system of inheritance of eldest sons and grandsons.
Maybe you will ask, the second-generation eldest son of the Zhang family of Jiani is Zhang Dongping, Zhang Ganglun's father Zhang Yongping is the second wife, why is the third-generation head of the family not Zhang Dongping's lineage? There is a special reason here. In 1983, when Zhang Dongping went to the United States to start a business for the second time, his wife Liu Lifen, daughter Zhang Shimei, eldest son Zhang Shibai and youngest son Zhang Shichang had all moved to the United States.
Whether a family has a strong core cohesion and can last forever is the most important thing about awakening the strong sense of responsibility and mission of family members. How can a family business succeed? It depends on the successor of intergenerational inheritance, so what does the successor look at? Compared with factors such as ability, governance system, innovation and connections, the first thing to do is to see is whether the sense of mission is strong.
Family business inheritance starts with cultivating a sense of mission. A sense of mission and responsibility are one of the internal factors that ensure that the family business becomes stronger over time.
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