Although Fuyao Glass is a low-key manufacturing giant, its transformation in 1985 completely changed the history of China's auto glass market, which was 100% dependent on imports, when the Chinese auto market ushered in a major breakthrough.
Young people, especially those born after the 21st century, may not know much about Fuyao Glass.
Cao Dewang took "not borrowing the east wind, being strong alone" as his entrepreneurial creed, and he once proudly said in an interview: "Since I started my business, I have never used any of my brother's political resources. ”
Cao Dewang's success does not depend on the help of the powerful, but on his own efforts and sweat. Before we dive in, let's first understand how influential Cao Dewang's brother and the so-called political resources really are.
Chinese society is a society of human feelings, and even in the officialdom that pursues fairness and justice, nepotism and mutual support are unavoidable.
This traditional concept, which is deeply embedded in the bones of Chinese, has also continued to the exchanges between modern society and officialdom shopping malls. It stands to reason that a high-ranking person like Cao Degan will definitely give some help and care to his younger brother who started a business.
Moreover, for Cao Dewang's Fuyao Glass, his brother's political resources will definitely become a big boost in the process of development and growth. Most people choose to rely on the resources of their relatives to achieve success, but Cao Dewang is not shy about saying that his success has never used his brother's political resources.
This is almost impossible in the eyes of most people, and doubts follow. If you want to understand the truth behind Cao Dewang's rhetoric, you can get the answer by studying his entrepreneurial process.
In 1976, Cao Dewang was still a buyer of a small water meter glass factory, and at that time, the factory was losing money every year, so Cao Dewang took over the small factory.
Cao Dewang joined the automotive glass market in 1985, when China's automotive glass market was almost blank. It was a risky decision full of unknowns, and it required great courage for Cao Dewang and the dilapidated small factory he inherited.
Transformation means that we must break the technological blockade of Japan and other countries and develop China's automotive glass. This process is full of difficulties and challenges, just like now that Chinese chips are choked by the United States, high-tech giants such as Huawei are also facing huge difficulties in developing their own chips.
However, with his spirit of not admitting defeat, Cao Dewang successfully brought the dawn to China's automotive glass market. With his determination and courage, he overcame technical difficulties and enabled the development of China's automotive glass market.
He later successfully listed on the A-share market and entered the United States, all of which he earned with perseverance and foresight, and Cao Degan's help did not play a decisive role.
Cao Dewang's listing caused controversy, mainly aimed at the A-share listing of Fuyao Glass. In the process of China's gradual modernization, the introduction of the first market is an important policy that determines the survival and development of thousands of enterprises.
As a manufacturing enterprise, Fuyao Glass can take the lead in listing, which has a great role in promoting the development of the enterprise. However, this also made some people question the relationship between ** and Cao Dewang.
However, a thorough study of Cao's biographical archives reveals that these doubts will be self-defeating.
Fuyao Glass landed in the domestic A** field in 1993, when Cao Degan had not yet served as the vice governor of Fujian Province, and it was undoubtedly quite difficult for Cao Degan to influence which company to go public.
At this time, the ** market is in the policy stage that the state attaches great importance to, and the only place in Fujian Province will represent the whole of Fujian.
Taking a step back, Cao Dewang's Fuyao Glass itself has the ability and capital to list A-shares. Fuyao Glass has broken the technical barriers of foreign automotive glass, opened up the Chinese automotive glass market, and has enough capital to go public.
The only place will be allocated to Fuyao Glass, no matter which province it is in, it will attach importance to this rising star in the manufacturing industry. As for the controversy caused by the listing of Fuyao Glass, combined with the relationship between the characters at that time and the development prospects of Fuyao Glass, this distribution is extremely correct and reasonable.
From a bankrupt water meter glass factory to a world-renowned automotive glass giant, the success of Cao Dewang and Fuyao Glass is like a myth. Cao Dewang has risen from an ordinary buyer to a billionaire manufacturing giant, and his success and the rise of Fuyao Glass have sparked speculation and curiosity.
Some believe that his success was due to his political resources, while others are trying to find a plausible explanation for this incredible rise. However, looking back at Cao Dewang's family history, we can see that his success is not only supported by policies, but also unpredictable opportunities.
Cao Dewang's childhood was full of hardships, selling tobacco, selling fruits, pulling carts, and struggling to make a living at the bottom of society. At the age when he should have been studying, he endured the double blow of cold eyes from various people and his mental and physical body.
This kind of ordeal has forged Cao Dewang's tenacious and unyielding character. He climbed step by step from the bottom of society to become a billionaire, and his indomitable quality is the best portrayal of him.
In the face of unimaginable difficulties, he never flinched, even in the dark, he still persevered and moved forward. It is this valuable quality that has allowed him to achieve extraordinary success.
Although Cao Dewang's success is unattainable, he is undoubtedly a powerful incentive for Chinese entrepreneurs. Before the anti-corruption campaign, knots and bribery were once regarded as the secret of enterprise development, and many entrepreneurs pursued such shortcuts, ignoring their own growth and improvement.
The quality of perseverance and perseverance is overlooked in the minds of many entrepreneurs. Perhaps, Cao Dewang's success can remind more entrepreneurs that the key to success is not only relationships and resources, but also their own quality and perseverance.