Brief introduction of Chen Yuzhong's personality

1998, 32-year-old Chen Yuzhong shares in Zhangjiagang Chemical Machinery Factory. The shareholders of the chemical plant are 368 natural persons, of which Chen Yuzhong holds 2.07%. The factory encountered a steep slope at the beginning of its establishment, and the decentralization of equity caused confusion in decision-making. The chemical plant lost 600 thousand in the first year, less than 50 thousand in the second year and more than 50 thousand in the third year. In order to regain confidence and change the status quo of multi-head decision-making, the chemical plant decided to concentrate its equity. In 2000, the chemical plant implemented equity transfer, and the original 368 shareholders were reduced to 35. Chen Yuzhong realized the transformation from a retail investor to a major shareholder. Chen Yuzhong's capital contribution increased from 70,000 to 2.33 million, and his shares increased to 68.69%, becoming the actual controller of the chemical plant. Then, Chen Yuzhong transformed the chemical plant and established Zhangjiagang Chemical Machinery Co., Ltd. After eight equity transfers and four capital increases, Chen Yuzhong held 99,303,600 shares, accounting for 52.29%. He controls Zhang Huaqi with absolute superiority.

On 2011March 10, Zhang Huaji officially landed in the A-share market, and issued 48 million shares at 29.5 yuan/share, with the closing price of 34 yuan/share on the day of issuance. In 20 14, the market value of zhanghua machinery was 5.969 billion yuan, and the Chen Yuzhong family held 53.70% of the shares, and his net worth rose to 3.205 billion yuan, ranking ninth in the new rich list.

2014121kloc-0/zhangjiagang chemical machinery co., ltd was officially renamed as Suzhou tianwo technology co., ltd.