The son of the founding father, at the helm of CITICyears without failure
*, is an outstanding representative of the Nanniwan production movement, his heroic deeds and legendary life, was widely praised by a "Nanniwan" revolutionary song. In 1955, he was awarded the title of Founding General.
During the war years, he fought bravely and made great achievements, and in the peaceful years of national construction, he actively devoted himself to national construction and constantly pioneered and innovated, and this revolutionary spirit of courage to open up became a precious wealth of the world, and also deeply influenced his son Wang Jun.
Wang Jun inherited his father's excellent qualities, served as the chairman of CITIC Group, and led the group for 27 years, leaving no failures, showing extraordinary leadership skills.
In 1979, the establishment of China International Trust and Investment Corporation opened the prelude to reform and opening up, and Rong Yiren urgently needed a right-hand man in the preparation process, so he thought of Wang Jun, the son of his old neighbor.
As a revolutionary descendant who watched Wang Jun grow up, Rong Yiren trusted him very much, and Wang Jun's life changed dramatically, transforming from a professional soldier to the general manager of the company's business department.
For the 38-year-old Wang, this is undoubtedly a huge challenge. Wang Jun was born in 1941, and there was no war during his formative years, but under the guidance of his father, he studied hard and became a top student of Harbin Engineering.
After graduating, he worked as an engineer in a shipyard and in 1977 joined the Naval Equipment Technology Department and became a navy. Wang Jun hoped to be able to show his strength in the cause of national defense like his father, but after only two years as a naval regimental staff officer, Rong Yiren was seconded to CITIC and began a new career.
Jun Wang is a dedicated entrepreneur dedicated to emerging technology companies. He took advantage of his time to the extreme, traveled at night and worked during the day, maintained a rigorous and pragmatic character, inherited the fine tradition of his father, and promoted the development of CITIC Trust Company with agile and fast execution.
At that time, Chinese companies were still in the exploratory stage, and Wang Jun, with his meticulous logical analysis ability, did something that ordinary people would not dare to think. In 1988, the state introduced a series of economic policies, and after the boom, the economy "overheated".
CITIC has become a more obvious model in the development process, due to the shortcomings of the strategic deployment, the following companies are too aggressive, and the ensuing derailment status quo has put CITIC Development in a difficult situation.
In 1995, he transferred part of CITIC at a low price, which meant huge losses for CITIC, and was once blamed by the board of directors.
In the face of intense pressure, Wang Jun made a firm move, even though CITIC was facing a serious financial crisis at the time and was unable to even pay salaries. He made the decision to sell ** at a low price, although it was difficult for many people to accept.
However, it was only when the Asian financial crisis erupted that people realized his thoughtfulness. In the case of the depreciation of the renminbi, CITIC was not affected by the financial crisis because it had reserved a large amount of funds in advance.
Although their assets decreased by 3.6 billion, they were also replenished by 10.8 billion. It's a very good deal. Wang Jun had the blood of the Red Revolution in his bones and was deeply influenced by his father to make such a bold decision.
At the same time, it also shows that he is not an adventurist, but a great wisdom with a global vision. He firmly believes that only the correct economic theory and system can promote the continuous development of CITIC Trust.
As the "leading boss" in the industry, the development direction of CITIC Trust is in his hands. He is not only committed to the rapid development of the enterprise, but also actively supports the relevant national policies.
When the state demanded to curb overheated investment, he always obeyed the leadership and decisively compressed many investment projects. However, he did not adopt a one-size-fits-all approach, but carried out moderate control according to a certain proportion and amount to avoid unnecessary losses.
Although some projects will lose money, he has always stayed true to his mission and rejected anything that undermines the economic order. In the process of China's transition from a planned economy to a market economy, Wang Jun and CITIC have gone through this process together, experiencing prosperity, excess, and ups and downs.
But under his leadership, they managed to overcome the difficulties and went through this difficult journey. Someone once asked him if he had achieved what he is today because of his father, and he said frankly: "I can't deny that my father had a certain influence on me, but I can't say that I only rely on my father for food."
My father gave me a good family education and inheritance, but my success was completely dependent on myself. As the pioneers of reform and opening up, we must be psychologically prepared to deal with risks at any time, but as long as we do not forget our original intention, stick to our mission, and have justice in our hearts, we will naturally not let ** enter. ”
Over the past 27 years, Wang Jun has led CITIC forward with forward-looking wisdom and bold business methods, making it the industry leader it is today. Today, CITIC has been ranked among the Fortune 500 for 10 consecutive years, which is the best proof of Wang Jun's outstanding leadership.
He inherited his father's perseverance and perseverance, and with a steady and pragmatic attitude, he created CITIC's brilliant achievements today.