As an entrepreneur, I focus on the cultivation of Lin Tengjiao's interest in making money since he was a child and the process of learning hard. What inspired me is that successful businessmen are not born with wealth, but with a keen sense of money and business and the ability to learn consistently. 
Lin Tengjiao was born in an ordinary family, and his parents were both employees in the system. However, Kobayashi always likes to count money, and when he was in junior high school, he used his free time to start a substitute business. I believe that this family environment and the cultivation of personal interests have opened up his sensitivity and passion for money. During college, Lin Tengjiao began to get involved in various businesses with his business acumen, from wholesale electronic products to imported goods, he diligently learned the way of doing business, and accumulated his first pot of gold. If I were an investor, I would have noticed several choices at the beginning of Lin Tengjiao's business: first, he locked in the real estate sector with the most national support at that time; Second, he chose to start his business in Beijing, Shanghai and Guangzhou, where he had abundant funds and connections. 
This reflects his acumen in grasping the rhythm of the industry market. This also laid the foundation for Sunshine City to be a leader in the industry in the future. Policymakers can note that Lin Tengjiao, as a post-80s generation, seized the opportunity of China's reform and opening up to grow up. His success proves that if the national policy encourages a market economy, it will give birth to a large number of new entrepreneurial forces, and promote the generation of more jobs and wealth. As an entrepreneur, I appreciate Lin Tengjiao's leadership and execution during the period of rapid development of Sunshine City. In 2003, when Beijing's real estate market began to flourish, he decisively decided to establish Sunshine City, and quickly laid out in first-tier cities such as Beijing, Shanghai and Guangzhou to seize market opportunities. 
In the context of the country's efforts to promote the reform of the residential housing system and encourage real estate development, Sunshine City has been given the opportunity to grow rapidly. As the helmsman of the company, Lin Tengjiao implements standardized and large-scale operations, and actively expands the company's business through mergers and acquisitions, joint ventures and other means. Under his leadership for nearly 10 years, Sunshine City has become one of the leaders in the industry with assets of more than 100 billion yuan. If I were an investor, I would have noticed the changes in the financial figures behind the rapid growth of Sunshine City. For example, its debt-to-asset ratio increased from 70% to 92% between 2009 and 2019. This reflects its highly leveraged operating strategy. While this has led to faster growth, it also hides a lot of risk. After the entire industry entered a period of adjustment from high growth, this strategy finally buried hidden dangers. 
The CEO's operation strategy and company value are issues that investors need to consider. Policymakers can also reflect on whether appropriate intervention is needed to avoid the accumulation of systemic risks when there are plenty of incentives in the market to drive high leverage and rapid expansion. These cases can provide a valuable reference when formulating policies in the future. As an entrepreneur, I greatly admire Lin Tengjiao's ability to respond decisively when the company encounters a crisis. In 2020, under the impact of the "three red lines" policy, Yango City began to face a debt crisis. At that time, the company's external debt was as high as 300 billion yuan, and it had reached a state of insolvency. Many entrepreneurs will choose to apply for bankruptcy preservation to preserve the last bit of private property, or simply escape the debt liquidation. 
But Lin Tengjiao did not escape, he chose to actively communicate with the creditor, trying to win repayment opportunities and restructuring space for the company. In several rounds of negotiations, he used all his family assets as collateral to finally persuade banks and other creditors to agree to the debt restructuring plan. This kind of decisive crisis response ability is worth learning from. If I were an investor, I would pay close attention to Sunshine City's debt restructuring plan. Lin Tengjiao did not hesitate to transfer the controlling stake of the company at a low price, and cooperated with the asset stripping and repayment, which redeemed a certain proportion of the investment principal for the creditor. Under the terms of the restructuring, creditor banks have the opportunity to receive a repayment ratio of more than 20% over the next five years, which is not easy compared to other restructuring cases in the same industry. 
Investors need to identify the relative value of such restructuring cases. Policymakers should also pay attention to the relationship between power and responsibility in such cases. During the period of market adjustment, enterprises do need to bear the main responsibility; But excessive regulatory tightening can also exacerbate the contagion of the crisis. This is a balancing act to prevent a larger ripple effect. As an entrepreneur, I appreciate Lin Tengjiao's resolute attitude and initiative to take responsibility. Faced with a debt of 300 billion, he did not choose to escape, but resolutely decided to lead by example, took out all his property, and did his best to pay off the company's debts. In the multi-party negotiations, Boss Lin has a modest attitude and maintains good communication with various banks and competent authorities. He discloses his assets in detail and self-supervises their use to ensure that all available resources are prioritized to secure the principal and interest of creditors. 
After several rounds of negotiations, Boss Lin finally persuaded the creditors to accept the restructuring plan, which turned the crisis around. During the whole process, he did not mention personal hard work, and still worked normally every day, taking the initiative to accept social supervision. This high degree of responsibility and spirit is worth learning from all entrepreneurs. If I were an investor, I would carefully assess Boss Lin's loyalty and seriousness to the company. This will have a direct impact on the feasibility of the restructuring plan and the possibility of future development of the company. Compared with other bosses who "resigned" or took speculative ways to realize their personal property, Lin Tengjiao proved his high loyalty to the company through concrete actions. 
This improves investors' judgment on the likelihood of the success of the plan. Throughout the restructuring process, investors will continue to consider this key factor. **Departments should pay more attention to the spirit of responsibility of entrepreneurs. This is conducive to the mutual trust and cooperation between enterprises, creditors and regulators in the development of the construction industry. Under the conditions of a market economy, the establishment and consolidation of such cooperative relations will help to form stable expectations and achieve a virtuous circle. As an entrepreneur, I think Boss Lin embodies the responsibility and responsibility that a modern businessman should have. An entrepreneur with a sense of social responsibility must not only have the enterprising spirit of visioning money and having the courage to start a business, but also maintain prudence and rationality when flourishing in good times, and take the initiative to take responsibility when facing bankruptcy in adversity. 
Boss Lin is responsible for his own decision-making, and he has not mistakenly blamed his situation on national policies or the market environment. This spirit is worthy of our reflection and learning. If I were an individual investor or financial planner, I would also agree that entrepreneurs should be socially responsible and consider these factors in investment decisions. Integrity, law-abiding and responsibility are important criteria for me to judge an outstanding entrepreneur and company. Boss Lin's conduct and handling have undoubtedly laid the foundation for the company he founded to regain the trust and support of investors and all walks of life after the debt restructuring. 
This is key to the sustainability of its business model. For the best decision-makers, cultivating more entrepreneurs with a sense of social responsibility and responsibility is the cornerstone of the healthy and sustainable development of the market economy. This helps enterprises to form a virtuous circle in good times and self-help in adversity. National policies should also encourage and guide such a business culture and build a standardized and orderly market environment. This requires the cooperation of ** departments, industry organizations and chambers of commerce to advance. Hotspot Engine Program