In the 1980s, a sudden decision by Linyi native Wang Tingjiang caused an uproar. This man from Yimeng, who was regarded by the villagers as an honest man, put the family property accumulated through hard work - worth 4.2 million yuan. The white porcelain factory and 1.8 million yuan of funds were donated to the village collective free of charge.
At this time, Cui Lianguo, a teenager who was forced to make a living, and the children in the village came to a brick and tile factory not far from home to do odd jobs. Speaking of Wang Tingjiang, who donated a huge sum of money, whether it was Both adults and children are full of respect, because in their eyes, the Yimeng old district without war still shines red. Cui Lianguo thinks so even more, but he looks forward to one day being as glorious as Wang Tingjiang.
Three years later, Cui Lianguo had a certain amount of savings, and he suddenly came up with the idea of ??"buying a tractor for transportation." Because during the days of doing odd jobs in the brick and tile factory, the careful Cui Lianguo discovered Half a month of odd jobs by yourself is worth less than a day's freight for a transportation team. But when he told his friends about this idea, he was ridiculed, but this strengthened his idea.
Four months later, with all his family’s savings and borrowed money, Cui Lianguo drove back a tractor. At that time, his excitement was far higher than any award received today, even though Forbes recently named him one of the "Top 100 Richest People in Mainland China in 2007."
In the late 1980s, Yimeng, once an old revolutionary base, was transforming into a commodity distribution center for Sulu, Anhui and Henan. Various handicraft workshops, small factories and commodities from all over the country were continuously coming from Linyi. The turnover goes to Sulu, Anhui and Henan, which greatly stimulates the economic and trade development of Linyi.
At this time, Cui Lianguo, who owned a tractor, quickly discovered his advantage and made a lot of money.
As his business expanded, he gradually discovered that a tractor was far from meeting business needs. As a result, the tractor was replaced by a special small truck, and the number of special small trucks was also increased from one to eight... At this point, a true "Cui-style transportation team" was officially established.
In 1992, Cui Lianguo, who was only 26 years old, had completed the accumulation of original capital. He had his own bank account for the first time, and he also had a 7-digit bank deposit in the account. It was also at this time that the factories in Shenquanzhuang Village where Wang Tingjiang was located were put into operation one after another. Especially the dazzling porcelain they produced made Cui Lianguo feel itchy. He knew that he also needed industry.
In June of the same year, Cui Lianguo invested 1.88 million yuan to establish his first industry, Huaxing Ceramics Factory. Afterwards, the scale of the enterprise expanded day by day, and it successively merged with the Linyi Art Ceramics Factory in a "little shrimp to eat the big fish" approach. This pioneered the merger of state-owned and collective enterprises by individuals in northern cities, and thus the Huaxing Group Company was established. Subsequently, he successively used self-raised funds and adopted compensation trade and other methods, with a total investment of 12 million yuan, to build the second phase of Huaxing Factory 1 and Huaxing Factory 2, with an annual output of 50 million pieces of daily-use porcelain, in order to reshape "Shandong Province". He has made outstanding contributions to the image of "Porcelain Capital", and the total assets of his Huaxing Group have reached 162 million yuan.
However, the ambitious Cui Lianguo is still strongly aware that if he does not open up new production areas and improve the technological content of his products, the company will lose its development potential, let alone achieve leapfrog development.
Cui Lianguo also paid a huge price for this. He once spent 3 to 4 million yuan to buy back a plastic process production line from the south, but ended up falling into a pre-set scam; he also bought a new technology for composite brick production from a university in Beijing. After passing the small trial, the pilot test It has been unable to pass the quality test, and millions of yuan have been spent on it...
Cui Lianguo seemed to have fallen into the "decadent era", and he knew that he was looking for opportunities.
Behind the madness of "China Energy"
On December 6, 2006, Shandong Jiutai Chemical Technology Co., Ltd. was officially listed on the Singapore Stock Exchange. However, its listing name is not "Jiutai Chemical", but "China Energy Limited". This change seems to mean that the company hopes to become a representative of China's new energy.
Shortly afterwards, Citibank rated "China Energy" as a "buy" based on the fact that "China Energy" used its own technology patents to not only become China's largest dimethyl ether producer, Its output also accounts for more than half of the world's total output.
In fact, Jiutai Chemical, a private enterprise located in Linyi, Shandong Province, has gradually become a new energy source in my country by relying on the hard work and unique skills of its helmsman Cui Lianguo-liquid phase method to produce dimethyl ether. A key model in the strategic planning is also the production base of dimethyl ether, the largest new clean energy source in the world.
In 2002, as petroleum resources became increasingly depleted and environmental pollution became increasingly serious, people accelerated their search for new clean energy. Dimethyl ether appeared in people's field of vision and became the subject of intense research and development. . The United States has been committed to technology development and research in this area since the 1980s, and Japan, Germany and related domestic scientific research units have followed suit...
But at this time, exciting news came from the Yimeng Mountain News - In September 2001, Shandong Linyi Luming Chemical Co., Ltd.'s dimethyl ether production unit with an annual output of 5,000 tons was completed and put into operation, becoming the largest manufacturer in China and the only production unit of the same scale in the world. One year later, a Huaxing Industrial Park with dimethyl ether and its series of products as its leading products was laid and constructed in Linyi.
The director behind this series of events is Cui Lianguo, who is famous in the field of Linyi ceramics and chemicals.
In the 1990s, when Cui Lianguo was carrying out industrial expansion, Li Jijin, the deputy manager and chief engineer of Hongri Group, had just obtained information about potassium sulfate-based ternary compound fertilizer and sulfur-based nitrogen, phosphorus and potassium. The two inventions of compound fertilizers greatly reduced the production cost of compound fertilizers, changed my country's long-term dependence on imports of compound fertilizers, and also enabled Linyi Chemical General Plant to develop rapidly and grow into a large state-owned enterprise, Hongri Group.
This is due to the eagerness to expand the business. ?BRgt; Three days later, Cui Lianguo and Li Jijin met under the introduction of Liu Jingsheng, the current deputy general manager of Jiutai Chemical. It later proved that it was this meeting that rewrote the most grand event in the history of my country's development of dimethyl ether. Cui Lianguo learned about the characteristics and uses of dimethyl ether from Li Jijin, and also learned that the advanced and mature dimethyl ether production technology that had been nowhere to be found was in the hands of this person. Cui Lianguo couldn't help but sigh, Linyi actually has such incredible talents and unique skills!
Cui Lianguo, who has been fighting in the business world for many years, was like a prospector who suddenly discovered a rare treasure. He immediately realized that this was a God-given opportunity to enhance the company's comprehensive strength and enter the fast lane of development. So, he made a prompt decision and joined forces with this technological wizard to establish Luming Chemical Co., Ltd. to specialize in the development of dimethyl ether products.
Cui Lianguo subsequently raised 17 million yuan in production funds for the experimental production of 5,000 tons of dimethyl ether. A few months later, in September 2001, it was officially put into production. Before this, he had only asked three experts to learn about this industry.
A friend of Cui Lianguo for many years recalled that at the beginning, the new factory built by Jiutai Chemical was intended to produce ceramics, but after he became interested in dimethyl ether technology, he immediately decided to invest in the factory. Transformed and started the pilot test of dimethyl ether production. "There were great risks in conducting pilot trials of dimethyl ether at that time." Cui Lianguo's friend said that the entire pilot trial would cost about 17 million yuan, which required a lot of determination for a private enterprise. "Because of his success in the ceramic industry, he accumulated funds and had the capital capacity to switch to dimethyl ether. If you start from scratch, it is almost impossible."
Reason for attracting the Rockefeller Foundation
In March 2006, a piece of news about the Rockefeller consortium’s investment in Jiutai Chemical caused a huge stir in China’s industrial and economic circles.
On March 21, Robert Vincent Rockefeller, Chairman of Rockefeller Development (Tianjin) Co., Ltd., the window company of the American Rockefeller family in mainland China, and Chairman of Shandong Jiutai Chemical Technology Co., Ltd. formally signed an agreement According to an agreement, the two parties will jointly form a Sino-foreign joint stock company - Jiutai Energy (Inner Mongolia) Co., Ltd., controlled by Rockefeller 31, and the cooperation period is 40 years.
As the Rockefeller Group’s first investment in China’s energy industry, Jiutai Energy (Inner Mongolia) Co., Ltd., which had not made any substantial progress, naturally attracted people’s attention at that time, and who else was it? Jiutai Chemical? Why is it favored by the oil tycoons, the Rockefeller family?
In fact, Shandong Jiutai Chemical Technology Co., Ltd. was formerly Linyi Luming Chemical Co., Ltd., which was established in 2001. The company's original main product, dimethyl ether, had a production scale of only 5,000 tons/year; in 2003, the annual output was expanded to 30,000 tons; and then increased in the following year. According to the plan of its chairman and president Cui Lianguo, Shandong Jiutai Chemical Technology Co., Ltd. will launch 8.5 million tons of dimethyl ether projects in Inner Mongolia, Guangdong, Shandong, Jiangsu, Zhejiang, Fujian and other places during the "Eleventh Five-Year Plan" period. Not long ago, Shandong Jiutai Chemical Technology Co., Ltd. signed a contract with Tianjin Dagang District to settle a dimethyl ether project with a total investment of 5 billion yuan and an annual output of 3 million tons in the Dagang Marine Petrochemical Technology Park. Previously, they also signed a contract with Ordos to build a local dimethyl ether project with an annual output of 1 million tons and is expected to be put into operation in 2008.
It seems that it is these that make Linyi private enterprises, which are still unknown in China's energy industry where there are many wealthy families, impress the hearts of the Rockefeller family. However, Cui Lianguo does not approve because he knows that Jiutai Chemical is in the second half of the year. The high profit returns obtained from the methyl ether project are the root of the Rockefeller family's greed.
According to public information, in 2004, although Jiutai Chemical only achieved sales revenue of 190 million yuan, its total profit reached more than 45 million yuan, with a profit margin as high as 23.68. The upcoming project in Inner Mongolia will be more profitable due to its large scale.
The patronage of the Rockefeller family provided free advertising for Jiutai Chemical and also made the previously unknown Cui Lianguo famous. But when Robert Vincent Rockefeller later put forward a lot of reasons and preferential conditions and proposed absolute control of Jiutai Chemical, Cui Lianguo left the meeting room with a smile... At that time, Cui Lianguo was already in Singapore for the sake of greater development of the company. Running between Linyi and Linyi, the office he set up in Singapore to specialize in IPO research is entering an overloaded state.
In this way, Jiutai’s marriage to Rockefeller was shelved, but it made the world aware of Jiutai Chemical.
It is no wonder that when Jiutai Chemical was officially listed on the Singapore Stock Exchange on December 6, 2006, it immediately attracted many strategic investors. Four months later, its market value exceeded 1.6 billion Singapore dollars. currency, approximately 8.17 billion yuan. Its chairman and president Cui Lianguo's net worth began to double.
On November 1, 2007, the Chinese version of "Forbes" officially released the 2007 Forbes 400 Mainland China Rich List in Beijing. Cui Lianguo ranked 96th with a net worth of 5.95 billion yuan. Ranking second among the people in Shandong.