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The 73-year-old richest man in Shandong is seriously ill. Four years ago, he threatened to work until he was 80. His only son took over the company.
Text |AI Finance and Economics Shi Wanjia

Edit | Luming Literature

This entrepreneur, who has been the richest man in Shandong on the Hurun Report for eight times, once brought out the first Fortune 500 enterprise in Shandong Province, owned the world's first cotton textile enterprise and aluminum production enterprise, and created many myths. Last September, he handed over the position of leader to his son Jaco. Now, the hero seems to be dying.

The birth of the Asian cotton king

1946, Zhang Shiping was born in an ordinary peasant family in zouping county, Binzhou (20 18). He grew up in a bad environment. At the age of 65,438+08, he began to work in Wei Qiao Oil Cotton Factory. He started with the hardest chores such as pushing carts, carrying cotton and packing, and gradually became the workshop director, production section chief and deputy factory director until 198 1. Because of his "hard work", he was elected as the director at the age of 35.

At that time, the country strictly controlled cotton, and enterprises had nothing to do except buy cotton in the peak season and simply process it. In order to change the state of being idle for half a year, Zhang Shiping decided to expand his business and led the employees of the whole factory to go out to buy soybean, peanut and cottonseed processing oil, becoming the first person to go out in the cotton processing industry.

In this way, after only three years as the factory director, Zhang Shiping led Wei Qiao Oil Cotton Factory to win the first place in the national supply and marketing system with a profit of 4 million yuan. 1985, Zhang Shiping was rated as a national model commercial worker and went to Beijing to receive the award on behalf of the provincial model workers. 1986, Zhang Shiping invested to establish a towel factory, and realized a profit of 250,000 yuan in that year.

From 1989 to 1997, Zhang Shiping once again extended its industrial chain to cotton spinning. At that time, the market generally exceeded demand, the whole industry suffered losses year after year, and the country even limited production. However, Zhang Shiping has expanded many times and sold its products overseas. 1992 The annual profit and tax of Wei Qiao Cotton Textile Factory reached12.6 million yuan; From 1997 to 2003, Wei Qiao's export income increased by 7 1.5% every year.

From 65438 to 0998, Zhang Shiping acquired Binzhou Yimian, the largest state-owned cotton textile enterprise in Binzhou. In the same year, Wei Qiao Cotton Textile Factory was transformed into Wei Qiao Textile Group. In 2003, it was officially renamed as Shandong Wei Qiao Venture Group Co., Ltd. In 2004, the group's sales revenue was 2310.25 billion yuan, ranking ninth in the province, ranking first in the same industry in China for seven consecutive years, ranking among the top 100 national industrial enterprises and the top 100 national export enterprises, becoming the largest cotton spinning enterprise in the world and ranking sixth in Forbes China Top 100 enterprises list.

In September 2003, Wei Qiao Textile was listed on the Hong Kong Stock Exchange, and became the largest cotton textile enterprise in the world in 2005. Zhang Shiping is also known as "the king of cotton in Asia" and "the giant of textile industry in China".

8 times the richest man in Shandong

200 1 Wei Qiao Group entered the aluminum industry. China Hongqiao (0 1378. HK) was listed on the Hong Kong Stock Exchange in March of 201/and became the largest aluminum producer in the world in 20 14. The electrolytic aluminum production capacity accounts for nearly 1 of the total electrolytic aluminum production capacity in China. According to public information, more than 90% of the aluminum of Apple's mobile phone case in the world comes from this company.

Wei Qiao Group's two main business sectors, textiles and aluminum, are the largest and most profitable in the world. In addition, Binzhou has also formed two industrial clusters, textile and aluminum, with Wei Qiao Group as the core, with more than 2,000 enterprises, with a comprehensive annual output value of more than 500 billion yuan, attracting nearly 300,000 people (including only 65.438+0.6 million employees of Wei Qiao Group and 6.5438+0.00 employees of upstream and downstream enterprises), accounting for half of Binzhou's GDP.

In 2005, Wei Qiao Group ranked sixth in Forbes China Top 100 Enterprises with sales revenue of 35.5 billion yuan, annual profit of 265.438+0.1billion yuan and total assets of 25.7 billion yuan. 20 1 1, Wei Qiao group became the second largest enterprise in Shandong province, and Zhang Shiping family also became the richest man in the Hurun Report with a wealth of 30 billion. Since then, except in 20 13, Zhang Shiping's family has been the richest man in Shandong on the Hurun Report. In 20 19, it ranked163rd in the world with a wealth of 64 billion yuan.

In addition, Zhang Shiping himself has been on the list of China's Top Ten Economic Figures of the Year, Fortune Chinese Businessmen in China, Innovative China's Top Ten Economic Figures of the Year, China's Economic Man of the Year, and Fortune Magazine's 50 Most Influential Business Leaders in China for many times, which is on a par with or even ahead of these hot economic figures in China.

In 20 12, Wei Qiao group entered the fortune 500 for the first time and became the first fortune 500 enterprise in Shandong. Since then, the ranking of Weiqiao Group in the list of the world's top 500 enterprises has increased year by year, ranking 388th in 20 13, 279th in 20 14, 234th in 20 15 and160 in 20 16.

April 20 15, in the TV political film "China Dream of Labor Achievement" broadcast by CCTV, Zhang Shiping rarely appeared in public. He mentioned that he "gets up at 4 o'clock every day,15 starts running at 4 o'clock, runs for more than an hour, and comes out at 6: 30. That's it. This has been a habit for decades. My body can adapt, let alone work until I am 70 or even 80 years old, and I may have to do it. " At that time, Zhang Shiping was 69 years old.

Three years later, Zhang Shiping broke his word. According to the industrial and commercial information, on September 26th, 2008, the chairman and legal representative of Wei Qiao Group was changed from Zhang Shiping to Jaco, the son of Zhang Shiping. Earlier, according to media reports, the real power of Wei Qiao Group had already been handed over to Zhang Shiping's three children, Jaco, Zhang Hongxia and Zhang Yanhong, of which Jaco was in charge of aluminum and electricity business, while Zhang Hongxia and Zhang Yanhong were in charge of textile business.

Now, Zhang Shiping is hospitalized due to illness, and his physical condition has aroused great concern from the outside world. One of China's most important entrepreneurs may soon end his legendary life.