1980, at the age of 30, Shi began to do clothing business in the mainland for many years, but later, influenced by the implementation of textile quotas in the United States, the clothing industry was difficult to do, and Shi decided to look for new opportunities;
1985, at the age of 35, Shi aimed at the blank of domestic sanitary napkin market and established Hengan Company. After consulting with the villagers in Anhai Town, Shi decided to switch to the sanitary napkin market monopolized by state-owned institutions at that time. So, they found fellow villagers Yang Rongchun and Hong Qingshan, and jointly raised 1.36 million yuan to set up Hengan Industrial Co., Ltd., the earliest listed female sanitary towel enterprise in China, in Anhai Town, Jinjiang.
1993, Hengan Group was established at the age of 43, and the enterprise began to expand its business based on female sanitary napkins and take the road of diversified development in the field of personal hygiene products;
199865438+On February 8th, "Hengan International" was listed on the Hong Kong Stock Exchange with a P/E ratio of 10, which was the highest P/E ratio and the highest subscription multiple for the listing of Hong Kong stocks in that year. Shi holds a 22% stake in Hengan International.
In 2002, 52-year-old Hengan Group further expanded its diversified concept, stepped into the ranks of cosmetics, acquired the brand of "Meiyuanchun" in Ji 'an, and established Hengan Liren Daily Chemical Company to produce and sell new skin cleaning and skin care products.
In 2005, the paper towel business accounted for 465,438+0.6% of Hengan International's main income source. Thanks to this, Hengan International's turnover increased by 32% to HK$ 3 billion, and its net profit increased by 565,438+0% to HK$ 450 million.
In 2003, Shi ranked 208th on the China 400 Rich List and144th on the New Fortune 500 Rich List, with personal assets of 500 million yuan. In 2004, the data showed that his personal assets were 65.438+0.07 billion yuan; In 2005, the assets were more than 2 billion; In 2006, Hurun ranked 85th, with a wealth of 3.3 billion yuan. Even if we exclude the statistics of each list, we can still see that the wealth of Shi has increased steadily in the past four or five years.
After Hengan went public, Shi, as the chairman and the largest shareholder, has long been a "frequent visitor" to various wealth lists. Huge wealth and high frequency on the list make it impossible for history not to become the focus of public attention and the object of pursuit by many media. But for many years, even in his hometown of Quanzhou, not many people have heard of his story.
No matter how to search online or through various channels, reporters can only understand the basic outline of historical entrepreneurship. Everyone I contact says that this is a very low-key entrepreneur, and he never gives interviews. His whole entrepreneurial history is basically related to Xu Lianjie. And more about his own elements, his own story, is unknown.
Shi's low-key makes him mysterious. But it is undeniable that he is the chairman of Hengan Group. The development of Hengan is not only inseparable from him, but also constantly "overweight" his wealth.