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This Fujian Family Earned 60 Billion Yuan Selling Snacks
From a small-town preserved fruit factory director to Fujian's richest family with a net worth of nearly 60 billion yuan, the Xu family built Dali Foods through a 'copycat strategy'. After Dali Foods' successful IPO in 2015 and the family's wealth surge, 2020 marked a different phase with the first revenue decline since listing and record-low net profit growth.
有趣有料有深度JD Logistics' Enemy Is Not SF Express
JD Logistics listed on the Hong Kong Stock Exchange on May 28, 2021, after about 14 years of development. Unlike SF Express and the 'Three Tong One Da' courier companies, JD Logistics focuses on B2B integrated supply chain services, leveraging its unique pre-positioned warehousing model. Despite its growth, it remains unprofitable, raising questions about when it will achieve profitability.
有趣有料有深度Why Did Zhang Kun Splash Out 3.2 Billion on a Soy Sauce Maker?
Zhang Kun, a prominent fund manager, increased his holdings in Zhongju High-tech through three funds by about 3.2 billion yuan in Q1 2021, making the company a top holding. Despite its name, Zhongju is primarily a soy sauce producer, and Zhang's move highlights his confidence in the company's long-term prospects.
有趣有料有深度Shenyang's Richest Man Earns 30.1 Billion Yuan Selling Bread
After retiring from teaching at age 60, Wu Zhigang started a bread business. Twenty years later, the former teacher became the 'King of Bread in Northeast China,' amassing a fortune of 30.1 billion yuan, ranking him as Shenyang's richest person on the 2020 Forbes China Rich List. Starting from Dandong, a border city by the Yalu River, to establishing a foothold in Shenyang, the provincial capital, and then dominating the Northeast market, Wu aims to replicate Toly Bread's success nationwide using a 'central factory + wholesale' model.
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