Tan Xuguang: Weichai spent a difficult time in Shaanxi

Tan Xuguang: Weichai spent a difficult time in Shaanxi

Under the crisis, major infrastructure development, people's livelihood projects, technological transformation, and ecological and environmental protection in the west, especially Shaanxi, will usher in unprecedented opportunities for development. So how do entrepreneurs respond, whether business models and structures need to be adjusted, and whether they should boldly attack or move cautiously in the crisis?

Tan Xuguang, chairman of Weichai Power Co., Ltd., said that he is a native of Shandong, but he has become a Shaanxi person because 40% of his industry is in Shaanxi and Xi'an. He believes that when investing in Shaanxi, the Shaanxi investment environment is very good.

Weichai, from an output value of 500 million to 50 billion, has moved from an industrial culture of a region to the entire country and the whole world. From a single regional resource, it has achieved the unity and coordination of resources throughout the country and the world. This is in line with local governments, especially the Shaanxi government. The strong support is inseparable. He believes that it is possible to predict and realize the crisis during the crisis. It is a very good company to recognize the arrival of the crisis at the peak of development. In a sense, a successful response to the crisis is also a touchstone to measure whether the company can manage the overall situation. From December 2007, they issued an early warning of the impending economic crisis to the entire group. Companies have taken steps from 2008 to strengthen internal control and investment risk assessment throughout the year. Therefore, in November and December 2008, they All the subsidiaries of the entire group took comfort and successfully passed the three months of the crisis. At the most difficult time, all of their companies did not lose money.

“When we see other people making the most money, when we invest, we must be a loser. Whether it is Shaanxi Fast, CNHTC, including Weichai Power Headquarters, our investment in several large projects is in the industry. At the low point, we were prepared and when the boom came, our company got a good benefit!” Tan Xuguang said eagerly.

Wang Jianlin, chairman of Dalian Wanda Group Co., Ltd., said that the most important indicators of the economy and one of China’s two pillar industries are real estate and automobile. Currently, these two pillar industries have shown signs of recovery. Automotive China has become the world's largest market for production, ranking first in the world for four consecutive months. The real estate industry has seen a year-on-year increase, and the proportion of increase has remained relatively high. Taking Beijing as an example, the real estate transaction volume in April has been close to the hottest September in 2007, including Shanghai and Xi’an.

It is for these reasons that Wanda Group was the only company that actively bought land in the fourth quarter of last year. They bought a total of four plots last year and have already bought eight pieces in the first quarter this year. The 15 projects have already invested more than 20 billion yuan. Last year, he bought an old project in Xi'an, and the amount of funds for buying land alone reached 1.2 billion yuan.

“Every economic crisis is a catastrophe. Every economic crisis means the emergence of a large number of outstanding entrepreneurs and companies. Therefore, I believe that this time the United States and Europe’s economic adjustment will eliminate those companies that should be eliminated. China’s economic adjustment is also to eliminate those economic structures and enterprises that should be eliminated, and it will also spawn a number of excellent business models and excellent companies. I believe that as long as everyone can take reverse thinking, you will go in at low costs, Get good results, good returns."

HNA Group Chairman Chen Feng said, “In the geographical map of China, the northwest is the gut of China. All major events will start from the northwest. From the historical renaissance to the governance of Zhenguan, it starts from the northwest. So We wanted to start a major event and start from Shaanxi. So we entered Shaanxi at that time and it was time to prove that our 9-year choice was correct!"

He believes that Shaanxi should seize the opportunity of this major pattern change, seize the location with good energy conditions, and realize leapfrog development in a new way.