Shi Zhengrong: A pragmatic entrepreneur who "spots into gold"

Shi Zhengrong, a once-unfamiliar name, quietly shortened the gap between China's photovoltaic industry and the world level by 15 years. His sense of responsibility in giving back to the society has made it a benchmark for the "upper class" of today's society. This richest man named by the British media is now even hotter. What kind of charm is there in him? In just five years, Shi Zhengrong led Wuxi Suntech to go overseas. The New York Stock Exchange even invited Wuxi Suntech to go public. Shi Zhengrong became the "China's new richest man" sought after by Wall Street and the media. However, in the face of the media, Shi Zhengrong looked indifferent: "That is just a digital game, it makes no sense." What makes sense is the real performance: this year, Wuxi Suntech is expected to make a profit of 100 million US dollars. The New York Stock Exchange is the heart of the global capital market. The daily stock trade is as high as 2.5 billion shares, and the myth of making rich people is constantly being played. This time it was Shi Zhengrong, who became the first Chinese mainland to enter the New York Stock Exchange. Private entrepreneurs. The right time to get involved in the right industry In 1988, Shi Zhengrong was sent to the University of New South Wales, Australia, and the mentor was Professor Marlene Green, the father of the world's solar energy. Professor Martin is a member of the Australian Academy of Sciences and received the Nobel Prize in Environmental in 2002 for his outstanding achievements in the field of solar energy. Shi Zhengrong received his Ph.D. in 1992. He has more than 10 international solar technology patents when he returned to China in 2000. At that time, many people believed that solar technology was only useful in developed countries, and Shi Zhengrong firmly believed that this technology would be of great benefit to China. "The situation of people with less resources and resources has determined that solar power generation has a broader space for development in China. We have intervened in a suitable industry at a suitable time." Even if you die in Wuxi, you can't lose face in 2000. Shi Zhengrong returns to China. One hundred thousand dollars began to start a business. By chance, Zhang Weiguo, the investment manager of Wuxi Venture Capital, discovered the project of Shi Zhengrong and thought that solar power generation is a good idea. The two decided to jointly set up a solar cell manufacturer. In January 2001, 8 companies including Wuxi Little Swan Group raised US$6 million. Shi Zhengrong jointly established a Sino-Australian joint venture, Wuxi Suntech Power Co., Ltd., with a share of 400,000 US dollars in cash and a technology value of US$1.6 million.


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