Decline due to wealth, on the verge of bankruptcy , why did Huaxi Village, which was once so rich,

Mondo Social Updated on 2024-01-31

Huaxi Village is known as the "first village in the world", with villas and western-style buildings rising from the ground, and every family is represented by Mercedes-Benz Audi, busy calculating wealth. It's a really impressive scene!

The people of Huaxi Village have a lot of income, every household has reached the level of 10 million yuan, high-rise houses are no longer a rare thing, they even take a plane to overlook the whole village, and the infrastructure is even better than many big cities.

The hardware facilities are not only super hardcore, but also directly full of face, and leaders at all levels have come to congratulate them on the anniversary of the founding of the village.

Today, China's richest village, once unbeaten, is 389 in debt0.7 billion and in the spotlight, the villagers fled one after another.

What kind of ** has Huaxi Village experienced, from "rich" to "negative"?How did it present a moment of glory on the stage of history?

Huaxi Village is located in Jiangyin County, Wuxi City, Jiangsu Province, known as "the first village in the world", with beautiful scenery, gorgeous lintel, magnificent, one of the top ten famous villages in China.

It is rumored that the collective income of Huaxi Village exceeded 52.4 billion yuan ten years ago, and the villagers' savings were as low as 1 million, and some people even had deposits as high as 10 million, and the per capita annual income had reached 80,000 yuan.

Even now, it is difficult to achieve such a level except for new first-tier cities such as Beijing and Shanghai. You can imagine how powerful Huaxi Village was at that time!

Every family lives in a villa and every family owns a car. Some people even boasted that if there were no 10 million, they would be embarrassed to claim that they were from Huaxi Village.

Every year, the elderly in other villages may only receive a pension of more than 1,000 yuan, while the elderly in Huaxi Village receive at least 1A pension of 20,000 yuan, and even some people can get 160 thousand.

If that doesn't give a clear picture of his wealth, there are more exaggerated ways.

In the summer of 2010, the villagers of Huaxi Village raised 90 million yuan to purchase two models of MD902 and AS350B3 from two companies in the United States and France, respectively, in order to facilitate the travel of local residents, and on the other hand, to develop tourism.

The cost of buying an aircraft is high, and the cost of maintaining it is even more expensive. In Huaxi Village, the two planes fly an average of 2-3 hours a day, costing up to 30,000 yuan per hour.

From October 8 to 15, 2011, Huaxi Village celebrated its 50th anniversary, and wealthy Huaxi residents displayed the ultimate luxury in the celebration, which some even praised as comparable to the national holidays of some countries.

At the celebration, not only leaders at all levels came to congratulate Huaxi Village on its 50th birthday, but also first-line stars such as Han Hong, Mao Amin, Feng Gong, Yan Weiwen, and Cai Guoqing sang to cheer up, which not only made the atmosphere of the celebration more enthusiastic, but also showed people the strong strength of Huaxi Village.

In order to celebrate the 50th anniversary of the founding of Huaxi Village, the villagers invested 3 billion yuan to build the "Empty China West Zengdi Building", and held a ribbon-cutting ceremony on October 8, the 328-meter-high, 72-storey building is known as the world's first rural building.

In order to develop tourism, Huaxi Village has invested heavily to build this "** hotel" - Longxi International Hotel, a super high-rise building integrating tourism, sightseeing and entertainment, which can accommodate 1,000 people for accommodation and 5,000 people for dining, and is one of the largest independent hotels in China.

This small village has built one of the best hotels in the country, which is really a shame for many N-tier cities.

The luxurious atmosphere of the hotel is everywhere, from the gold-painted front desk on the first floor to the 60-story wall panels inlaid with real gold, and even the cutlery used is gold, all of which show the wealth and strength of Huaxi Village.

At that time, the splendid decorations were shocking, especially the pure golden bull statue that cost 300 million yuan to build, which became a highlight of Huaxi Village.

This grand celebration has attracted the attention of many people at home and abroad, and they have aimed their cameras at Huaxi Village.

There are even many people who have crossed the ocean to see the new countryside of China.

In Jiangsu Power Grid, a week-long power protection task was issued, and more than 100 first-class equipment from more than 50 countries around the world gathered neatly in Huaxi Village.

They focused on the richest village, known as China's "Farmer's Paradise", and witnessed the brilliant achievements of China's new socialist countryside in the past half century.

How did this ordinary village rise to prominence in history and eventually become the richest village in China?The story of how it all started with one person.

In 1950, Huaxi Village was still an ordinary small village, covering an area of only 096 square kilometers. The villagers could not even solve the problem of food and clothing, let alone develop industry and tourism to get rich.

However, Wu Renbao was the far-sighted village secretary who brought new hope to Huaxi Village.

In those days, a visionary planner could propel a village to long-term development.

Wu Renbao, a native of Huaxi Village, initially worked in the village committee, and because of his unique vision and practical spirit, the villagers elected him as the secretary of the village committee of Huaxi Village.

After Wu Renbao served as a village cadre, he was committed to the development path of the villagers.

In the winter of 1964, he took the lead in formulating the "15-year long-term development plan of the West China Brigade", and made up his mind to go all out to help Huaxi Village get rid of long-term poverty and downturn, and lead the villagers to achieve food, clothing and prosperity.

When the villagers heard such words, their ears were calloused, but there were not many people like Wu Renbao who dared to think and speak, and dared to do, so the villagers also followed suit.

Repairing the shortage of **, building farmland and water conservancy, delving into planting problems, and wholeheartedly developing agriculture made the grain output of Huaxi Village directly triple after a year, and the yield per mu was as high as 1 ton.

The problem of food and clothing for the villagers was solved at once, and Wu Renbao led them to quench their hunger and thirst, and gradually won the trust of the villagers, and everyone praised him as an excellent cadre.

Agriculture sustains the livelihood of the villagers, but Wu Renbao's ambition is not limited to this, he aims to lead the villagers to prosperity. In order to achieve prosperity, agriculture alone is obviously not enough, and competitive industry must be developed.

In 1969, Wu Renbao led the villagers to secretly establish a hardware factory. In those days, such acts did not dare to be carried out publicly.

Wu Renbao and the villagers quietly started production in a small dilapidated house, they covered the windows with rags, secretly carried out the production, and finally got rich silently.

After his investigation, Wu Renbao found that heavy industries such as textiles and steel were more profitable, so he led the villagers to devote themselves to textile and steel production. As a result, Huaxi Village has quickly become one of the fast lanes of industrial development.

Wu Renbao adheres to the principle of common prosperity in the process of leading the development of the villagers, ensuring that no family is left behind. It is precisely because of the efforts of this village cadre that Huaxi Village has formed an unprecedented situation of unity.

In that poor era, in 1978, the income of the Huaxi Village Hardware Factory was as high as 300,000 yuan, and this money was distributed to the villagers, who were happy.

In 1985, Wu Renbao encouraged the villagers of Huaxi Village to invest 2,000 yuan each in the village's enterprises to expand the scale of development.

In 1992, Wu Renbao saw the opportunity and applied for a bank loan to buy building materials, which was brought about by the speech of the Southern Tour.

Soon after, with the rise of a nationwide construction boom, steel soared, eventually causing the villagers to double their profits.

Huaxi Village was once home to 45 heavy industry enterprises, including steel and wool spinning industries, which were formed in 1994 to form Huaxi Group.

On August 10, 1999, Huaxi Village was successfully listed on the Shenzhen ** Stock Exchange, raising 2900 million yuan, becoming the first village in the country to achieve "village-level listing".

The year 2001 saw the merger of Huaxi Village, which merged with other villages to form the Great Huaxi Village, which covers an area of more than 35 square kilometers.

As the times changed, Wu Renbao once again discovered the potential of tourism and began to focus his attention on this field, eventually creating the first floor of the world's rural areas.

Under the leadership of Wu Renbao, Huaxi Village gradually formed the "first village in the world" with a focus on steel, textiles and tourism.

Huaxi Village became the first village certified by the China World Records Association and is famous for its unique air tourism industry.

Every year during the tourist season, the village can receive up to 2.5 million visitors.

At the beginning of this century, Huaxi Village's income skyrocketed, even reaching 30 billion.

I saw him raise a tall building, I saw him feast guests", "I saw his building collapse".

However, in 2017, an article exposed the mask of prosperity, claiming that in the first quarter of 2016, the total book assets of Huaxi Village were only 7 billion, while the total liabilities of Huaxi Group were as high as 3890.7 billion yuan, widely circulated on the Internet.

In 2003, Wu Renbao handed over Huaxi Group to his fourth son, Wu Xieen, and then Huaxi Village entered a difficult transition period. After Wu Xieen took over the Huaxi Group, it caused dissatisfaction among many villagers.

Subsequently, he abolished support for heavy industries such as textiles, a move that was even more puzzling to the villagers.

In fact, with the development of the times, the textile industry and other manufacturing industries are gradually saturated, and the unsalable products lead to overcapacity.

However, reform takes time, and a radical approach can have a big impact on the group.

It is reported that Wu Xieen focuses on the development of the financial industry, although the financial industry is lucrative, it is a high-risk industry, which the villagers have complained about, but it has not had much impact.

Over the years, the development of Huaxi Group has made it almost the "Wu Group", and the Wu family has mastered most of the assets, so the number of people dissatisfied with Huaxi Group is also increasing.

Great people are the key to driving growth, and industries need their wisdom and ability to help plan for the future.

However, the shortage of talent has the potential to become a stumbling block or even a fatal injury to the development of enterprises.

This extremely narrow and even rigid strategy of only accepting the natives of the village has seriously hindered the development of Huaxi Village.

The malaise of focusing only on kinship rather than talent is destined to cause Huaxi Village to fall from the altar.

Moreover, not all residents of Huaxi Village have access to superior welfare benefits, and only indigenous villagers can enjoy the best benefits.

Outsiders and later incorporated residents were not treated equally, and this harshness led to the loss of many talented people.

Many people believe that despite the appearance of the villagers of Huaxi Village, they do not actually have much autonomy.

Most of their wealth is invested in companies and can only be invested within their own groups. Once you want to start your own business or mobilize assets, you will face great difficulties.

After experiencing poverty and hardship, Huaxi Village has become the "No. 1 Village in the World", and has shown many remarkable characteristics in the long exploration and struggle. Among them, the leader's unique development vision and hard-working spirit are worthy of our praise.

Huaxi Group is currently exploring a new development path. The future direction of development is uncertain, but perhaps Huaxi Group will usher in a metamorphosis, and its successful experience may be used as a reference and promotion in other regions.

Since ancient times, it has been more difficult to keep a business than to start a business. It is necessary to prevent solidification, continue to learn to keep up with the pace of development of the times, and make the right choice decisively at the critical moment, in order to keep the glory of an enterprise and a village.

We feel sorry for Yu Huaxi's regrets, and we look forward to his different surprises in the future.

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