Many PV companies have been inextricably linked to the government and capital markets since birth. They are, without exception, the product of entrepreneurial entrepreneurship, the full support of local governments, and the love of capital markets.
Why are Chinese companies able to reach the top three in the world in the photovoltaic industry that has just emerged in the world at the beginning of the 21st century? Behind the photovoltaic boom, this is a question worth considering.
After the reform and opening up, Chinese private entrepreneurs were divided into three generations. The first generation was until the end of 1991. Most of them were engaged in the service industry. The symbol of their success was called the ten thousand households; the second generation was from 1992 to the beginning of the 21st century, mainly from a group of government agencies and large state-owned enterprises. The intellectuals of enterprises, universities and research institutes were inspired by the spirit of Deng Xiaoping’s southern tour speech and took the initiative to start a business. The third generation of private entrepreneurs is associated with returnees and high technology. In the context of the rise of the Internet economy, a large number of overseas students, with millions of dollars in international venture capital, carrying international advanced core technologies, management concepts and experience, returned to China to become entrepreneurs and became the main body of the third generation of private entrepreneurs. Take Ma Yun and Li Yanhong as representatives. This generation of private entrepreneurs has some common characteristics, that is, high education, high technology, and high management starting point.
Many entrepreneurs in the photovoltaic industry are also typical of this generation of private entrepreneurs. For example, Shi Zhengrong of Wuxi Suntech and Zhao Jianhua of Nanjing Zhongdian Photovoltaics, who master the world’s advanced technology, are keenly aware of studying abroad. The general trend of global PV development has caught up with the good environment of China's economic environment, and it just happened to catch up with the capital, occupying the third generation of private entrepreneurs of Tianshi, Dili and Renhe. In this way, it has achieved in the PV market. Opportunities to develop in sync with the world.
A series of photovoltaic companies born under such a background have been inextricably linked with the government and the capital market since birth. They are, without exception, the product of entrepreneurial entrepreneurship, the full support of local governments, and the love of capital markets. Tianwei Yingli, like Baoding, Hebei, was originally a company with a military background.
Gai Lijin said that when he first started to build Yan Xin, he received the support of Jiangyin City Government beyond imagination. At that time, the company needed 50 million yuan of start-up funds. Although there were factory and land mortgages, the factory was not fully covered. The company had no operational performance at all, and the state-owned bank loan was not successful. Later, the secretary of the Jiangyin Municipal Party Committee personally called on the bank to support the emerging industries, and the local commercial banks finally agreed to the loan. After the establishment of the company, because there were not many factories in Xinxin at that time, infrastructure such as heating and electric wires were all specially wired. The Jiangyin Science and Technology Bureau also often organizes training seminars and invites Xin Xin to participate. The Science and Technology Bureau will also issue some product technology awards. Although it is only a reward of tens of thousands and hundreds of thousands of dollars, it is a great support in spirit. The government also made an exception to give some subsidies to Yan Xin. In addition, because of the requirements of listing, Yan Xin needs to change the nature of the enterprise, from private to foreign-funded enterprises. At that time, a deputy mayor in charge of industry in Jiangyin City called a joint meeting in all aspects. All the stamps were completed and only used short. Short 11 days.
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