Ding's entrepreneurial experience

1999 One day, a friend of his in Agricultural Bank of Hebei Province recommended a project to him. Xinmou Iron and Steel Plant in Xingtai City stopped production for several years due to poor management. Most of the loans of this enterprise come from the Agricultural Bank of China, and it is hoped that powerful enterprises will take over. Facing the vicious circle of Xin's steel plant, Ding made the second major decision in his life from a long-term perspective-taking over Xin's steel plant in Xingtai.

Xingtai xinmou iron and steel plant; The blast furnace is ignited again; At the end of August, the production of steel mills has been restored to the original design capacity; When the products are off the assembly line, they are catching up with the improvement of the national steel market. Xinmou Steel Works has created a miracle. It took only 8 months to turn losses into profits, and the tax paid in that year was 600,000. After that, Ding invested a total of 65.438+0.3 billion yuan to transform the enterprise, which increased the annual production capacity of the enterprise from 6.5438+0.5 million tons to 6.5438+0.2 million tons in 2002. In 2002, Xinmou Iron and Steel Plant paid a tax of 60 million yuan, officially renamed Xingtai Delong Iron and Steel, and became a key iron and steel enterprise in Hebei Province.

Ding's vision is not short-sighted when the national steel market situation is excellent. He believes that there will always be cold if the industry is overheated, and the state supports high-tech steel enterprises. After that, the company decided to put all the 500 million yuan originally used to expand the scale into the high-tech value-added medium and wide-band steel production line. In 2003, Xingtai Delong Iron & Steel Company became one of the few domestic plate and strip manufacturers with high technical difficulty, and became the leading manufacturer of medium and wide-band steel mills in China, and its products were exported to internationally renowned enterprises such as South Korea's Pohang and LG. In 2004, when the country increased macro-control, Xingtai Delong Iron and Steel still showed great vitality. After years of development, Delong Company has become a large private iron and steel enterprise with 3,300 employees, assets of 65.438+0.8 billion yuan and annual sales of 2.25 billion yuan. In 2004, it is estimated that the sales revenue will exceed 3.6 billion yuan and the tax will be paid 300 million yuan. Among the 1948 national industrial enterprises above designated size published in 2003, the company ranked 56 1.

In July, 2000, Ding was involved in a car accident. His cervical vertebra was severely damaged and he was almost paralyzed. He said that during that time, he thought about many problems and had a deeper understanding of the value of wealth and the meaning of success. "Human life is fragile and may disappear in an instant. When life disappears, wealth loses its meaning. Earning more than one million is your own, earning more than 10 million is an enterprise, and earning more than 100 million, whether you admit it or not, is essentially social. Enjoy running for personal life, that is, making money; Fighting for social interests is a career. "

In 2003, Ding and other 24 private entrepreneurs launched the "Two Million" campaign in the All-China Federation of Industry and Commerce, helping millions of poor farmers get rid of poverty and millions of laid-off workers get jobs (Xingtai Delong Steel absorbed more than 2,800 laid-off workers). In Ding's eyes, "laid-off workers are not a burden, but a rare wealth of a group of enterprises". Master Wang Yingzhi is a retired worker from a state-owned enterprise. He was an excellent crane technician in his former unit. He was once disheartened under the heavy pressure of life. In May 2003, after Master Wang went to work at Delong Steel, his passion was ignited again. In just one year, Master Wang fumbled and produced "Model of Crane Coach" and "Model of Crane Circuit", and trained a large number of qualified crane workers. In May, 2004, Master Wang Yingzhi was awarded the honorary title of "Excellent Employee of National Love Enterprise" by the All-China Federation of Trade Unions.

"The development of Delong not only pursues the development of enterprises, but also pays more attention to cultivating Delong people with ideals and morality." Ding insists on putting people first and running a factory by virtue, and thinks that "dedication to serving the country, honesty and law-abiding" is the best interpretation of "virtue" in the enterprise name. He also took the lead in donating money to raise the internal mutual fund of Delong employees. 1998 set up the "China Foundation Scholarship" for his alma mater, Hebei Institute of Technology. Over the years, Ding has donated more than100000 yuan to various public welfare undertakings.

Ding said that young people in private enterprises also need organizations, and the Youth League Committee plays an irreplaceable role in rallying young people and serving young workers.

So at the end of 2002, Ding entrusted the Youth League Committee of Xingtai County, where Xingtai Delong Steel is located, to openly recruit its secretary.

In 2004, Xingtai Delong Iron and Steel Co., Ltd. took the lead in establishing a youth center among private enterprises in Hebei Province, and the Central Committee of the Communist Youth League and the provincial and municipal youth league committees visited Delong Iron and Steel Co., Ltd. many times.