The whole village has a debt of 40 billion, and the per capita debt is 13 million, 10 years after Wu

Mondo Social Updated on 2024-01-31

Do you still remember the Huaxi Village, which is known as "the first village in the world" and is so rich?

At that time, Huaxi Village could be said to be famous, every family drove luxury cars, and each family had tens of millions of savings, to be honest, it was a dream that many people would never dare to think of in their lifetime!

But do you know what Huaxi Village is like now?

I heard that since the death of their village head, Wu Renbao, the situation in Huaxi Village has deteriorated, with an average debt of 13 million yuan per capita, and the debt of the whole village has reached 40 billion yuan.

Why did the wealthy village, which was once beautiful and rich, fall to this place because of the death of a person?What exactly happened to Huaxi Village?

The "key person" of Huaxi Village

If you want to talk about why every family in Huaxi Village can Mercedes-Benz BMW villas, you must mention one person - Wu Renbao.

How capable is this man?

In 1961, there was a famine all over the country, and Huaxi Village was no exception, and in the production environment at that time, Huaxi Village was completely a typical example of more people and less land, so their grain production was actually less, and the life of the villagers was more embarrassing.

At that time, Wu Renbao, who was serving as the village secretary of Huaxi Village, saw the miserable living conditions of the villagers and was determined to change the status quo.

If you want to develop, you must first solve the problem of food and clothing. Agriculture is the key to solving the problem of food and clothing.

Wu Renbao saw the geographical and resource advantages of Huaxi Village, innovative thinking, and new water conservancy, and under his reasonable planning, Huaxi Village's grain output in the second year kept up, and even became a well-known "agricultural demonstration village".

The villagers' food and clothing problems have not only been solved, but they can even rely on agriculture to make money when the situation is good.

However, Wu Renbao, who was ambitious, was not satisfied with solving the problem of food and clothing for the villagers, and his goal was to lead the people of the whole village to make a fortune.

So, after being able to eat enough, Wu Renbao thought about how to make the villagers make money.

Wu Renbao clearly knows that if you want to make a fortune, you must have your own industry. At that time, the whole country had just reformed and opened up, and the policy environment was very good.

Considering the situation in Huaxi Village, Wu Renbao was bent on establishing his own factory in Huaxi Village.

But everything is difficult at the beginning, and before industrial development has begun, Wu Renbao has planted a big heel.

Bumpy industrial road

At the beginning, Wu Renbao wanted to start his own factory. However, it was so easy to start an industry, and the state had not yet completely liberalized the entrepreneurial qualifications of private enterprises, and it was not at all in line with the policy regulations to set up a factory.

This is not the point, the point is that Wu Renbao, who has just solved the problem of food and clothing, has no money to invest at all.

You know, it takes a lot of money to start a factory.

Wu Renbao was in a dilemma, and finally he decided to mobilize the people of the whole village to invest in building a factory.

But the restrictions of policy and economic conditions made him directly planted, and no one in the villagers was willing to pay for the construction of the factory!

But Wu Renbao did not give up, and he went door-to-door to talk to villagers and analyze the benefits of building a factory.

The hard work paid off, and finally, there were several families in Huaxi Village who were willing to believe in Wu Renbao and invest in the factory.

In this way, the first hardware factory in Huaxi Village was established, and the hardware factory was a hit, with an annual output value of 300,000 yuan.

Because of the hardware factory, Wu Renbao's reputation and prestige in Huaxi Village have come up.

In 1978, the country began to vigorously develop the economy, and Wu Renbao was no longer satisfied with the hardware factory, but gradually involved in wool spinning, chemical fiber and other light industry industries.

By 1991, Huaxi Village had more than 20 enterprises, with an annual output value of 500 million.

At that time, Huaxi Village had become a well-known "rich village", with Mercedes-Benz BMW villas in every household.

It seems that everything is going in a good direction.

But no one could have predicted that Huaxi Village at this time ushered in a turning point in fate.

Huaxi Village, mired in the quagmire

In 1992, the national policy was liberalized and began to encourage the development of private enterprises, which can be used for business development through ** loans.

Wu Renbao, who learned the news, naturally would not miss the policy dividend, and Wu Renbao, who wanted to expand the enterprise, began to call on the villagers to take out loans for industrial investment.

Although they will be skeptical about taking out loans to start a business, out of trust in Wu Renbao's business vision, many villagers have started the road of loan expansion.

It's just that it is this move that has buried a deep hidden danger for the decline of Huaxi Village.

Wu Renbao, who got the loan, led everyone to start a steel business, he imported various building materials, and resold them to many construction sites.

You know, at that time, the real estate industry was on the momentum of development, and there were real estate construction sites everywhere in the country, and the market prospect was very huge.

The success of the steel industry is also seen as a sign of Huaxi Village's foray into heavy industry.

After the success of Huaxi Village exploded across the country, seeing that people from all over the country came to visit the village, Wu Renbao started the idea of tourism again and began to enter the tourism industry.

With the three-pronged approach of agriculture, industry and tourism, Huaxi Village can even assemble an economic cycle within its own village, and Huaxi Village at this time has ushered in its own economic peak.

In 2013, Huaxi Village's GDP reached 50 billion, which amazed the whole country, but it was also the year that their leader, Wu Renbao, died.

After Wu Renbao's death, his son Wu Xie-en took his place.

However, after entering the 21st century, the business environment has undergone great changes, the cost of steel in Huaxi Village's pillar industry, and the tourism industry has become increasingly bleak due to non-pillar projects, and Huaxi Village at this time is facing the dilemma of bank loan maturity.

This loan was the money that was going to be expanded at that time.

Desperate, Wu Xieen closed a large number of heavy industry factories and began to turn to the financial industry to save the situation, but the transformation not only did not succeed, but increased the debt situation of Huaxi Village.

After that, China's real estate industry was cold, the building materials market in Huaxi Village was hit hard, and the capital chain began to break.

Everything, like dominoes, collapsed with a bang.

At that time, Huaxi Village had a debt of 40 billion yuan, and the per capita debt was 13 million.

But the tiger father has no dog son, Wu Xieen, who saw the development prospects of artificial intelligence, began to enter AI in 2020, and even spent a lot of money to acquire a chip factory even when he was heavily in debt.

In the past two years, artificial intelligence has exploded, and capital has switched to investment, and Wu Xieen led Huaxi Village, and also relied on the explosive power of the AI industry to earn billions.

This time, Huaxi Village has successfully transformed.

In the future, Huaxi Village may create more brilliance under the leadership of Wu Xieen, and I hope that Huaxi Village will get better and better.

The transformation history of Huaxi Village reflects the history of China's economic development, and I hope that China will make a breakthrough in the high-tech field as soon as possible, and also hope that Chinese chips will go to the world as soon as possible.

What do you think about the history of Huaxi Village?Let's talk in the comment area!

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