Since the early 1980s, Cai Tianzhen has been engaged in the storage, transportation and distribution of petroleum products in China, witnessing the economic rise of China and the transformation from an oil exporting country to an oil importing country. His innovative management concept of "integrated petroleum logistics" also began to take shape during this period. Cai Tianzhen 1992 moved to Hong Kong, and 1996 moved to Singapore to establish Taishan Petroleum (Singapore) Co., Ltd. The company gradually developed oil supply, transportation, warehousing and distribution business, and successfully established a perfect oil logistics platform to provide customers with one-stop service.
In 2005, Taishan Petroleum (Singapore) Co., Ltd. was awarded the qualification of "Global Trader Program" by the Singapore government, and was selected as one of the top enterprises in Singapore 100 in 2006.
While trying to explore the international market, Cai Tianzhen has been paying close attention to the economic development of China. He brought his years of marketing experience in the international market and successful management mode in Singapore to China, and actively invested in China's oil logistics facilities and shipbuilding business. At present, Taishan Petrochemical Group, which is controlled by its family, is building modern large-scale petrochemical storage bases in strategic coastal areas of China (including Nansha in Guangdong, Quanzhou in Fujian, Yangshan in Shanghai and Yantai in Shandong), among which Yantai base won the bid for the national strategic petroleum reserve base on 20 10. At the same time, Taishan Petrochemical Group also operates the largest multi-functional shipyard in Asia.
Cai Tianzhen has always believed that entrepreneurs and enterprises have the responsibility to give back to society. Therefore, Taishan Petroleum (Singapore) Co., Ltd. invested and built Quanzhou Taishan Maritime Vocational College in Fujian in June 2006, striving to develop it into a top-level comprehensive full-time higher vocational education institution, and continuously cultivate and transport excellent human resources for China and international maritime undertakings. The first phase of the college construction has been completed, and it officially opened in September 2009, with the first phase enrollment of 43 1 person. Up to now, nearly a thousand full-time students have been registered. After the college is fully completed, the number of students will gradually expand to 5000. The college provides students with a wide range of vocational training courses, such as maritime management and shipbuilding engineering.
20 12 On July 2nd, 49-year-old Cai Tianzhen resigned as the chairman of Taishan Petrochemical Company (0 1 192, HK), after which he had resigned as the general manager. According to the data, Cai Tianzhen is the largest shareholder of Taishan Petrochemical. Since Cai Tianzhen became the president of Taishan Petrochemical in 2008, the company has suffered losses year after year, with losses of HK$ 654.38+06 billion in 2008, HK$ 535 million in 2009, HK$ 580 million in 2065.438+00 and HK$ 780 million in 2065.438+065.438+00.
Zhou, an energy industry researcher of China Investment Consulting, said in an interview with the National Business Daily that "Cai Tianzhen resigned from the general manager to the chairman and gradually withdrew from the management, which is a commitment to the company's profit losses and debt crisis in successive years. In addition, the blood drawn by many parties seeking funds, the debt support of strategic investors or the financial restructuring of corporate equity financing may also be the reasons for Cai Tianzhen's resignation. "