Du Shuanghua's Business Experience

1987, Du Shuanghua, 22 years old, an ordinary employee of the labor service company of Shougang Metallurgical Machinery Factory, started to set foot in steel.

Trade field; Four years later, Du Shuanghua resigned and founded Beijing Xinghua Welfare Rolling Mill in shibalidian, Chaoyang District, Beijing. 1992, Du Shuanghua entered Hebei, and the following year he founded Jinghua Pipe Factory in his hometown of Hengshui, Hebei, laying his own steel foundation.

After a series of development, Du Shuanghua has gathered five production enterprises, namely Hengshui Jinghua Pipe Manufacturing Co., Ltd., Tangshan Huaqi Pipe Manufacturing Co., Ltd., Shandong Laiwu Jinghua Welded Pipe Co., Ltd., Guangzhou Huaqi Galvanized Steel Pipe Co., Ltd. and Hengshui Jinghua Chemical Co., Ltd., and three trading companies, namely Beijing Jinghua Sifang Metal Co., Ltd., Beijing Jinghua Da Trading Co., Ltd., Beijing Jinghua Sifang International Trade Co., Ltd. and Hengshui Jinghua Real Estate Development Co., Ltd., Co., Ltd. and Hengshui Jinghua Intermodal Transport Co., Ltd., a total of 65,438+00 enterprises, registered and established Jinghua Innovation Group Co., Ltd. (hereinafter referred to as "Jinghua Innovation Group") in February 2003 with a contribution of 580 million yuan in kind, and served as the chairman. 1992 to 2003, when the domestic welded pipe industry was advancing by leaps and bounds, Du Shuanghua invested all his money to establish it.

Jinghua Innovation Group has provided strong support for the explosive development of Rizhao Steel in the future.

As of 2009, Beijing is still one of the bases of Du Shuanghua's iron and steel industry. In the list of enterprises that have provided financing guarantee for Rizhao Steel, Beijing Sifang Metal Co., Ltd., Beijing Jinghua Da Trading Co., Ltd. and Beijing Jinghua Sifang International Trading Co., Ltd. are all located in Beijing.

If Beijing is the starting point of Du Shuanghua's official career, then Hebei is the place where Du Shuanghua's strong strength accumulates and the main rear base of Rizhao Steel.

When Rizhao Steel started construction in 2003, it happened to be the tenth anniversary of the establishment of Hengshui Jinghua Pipe Factory, the predecessor of Jinghua Innovation Group.

In the past ten years, China welded pipe industry has experienced a development process from marginal products to explosive development, and then to overcapacity. In 200 1 year, the state decided to invest heavily in the steel industry in four aspects: petroleum steel pipes and high-pressure boiler tubes. In a self-reported material disclosed by the media, Du Shuanghua said: "In the second year of production, the welded pipe factory caught up with the excellent situation of the skyrocketing price of welded pipes. Products are in short supply and the production scale needs to be expanded urgently. " Under the background of this round of investment boom, Jinghua Innovation developed from a small factory with an original output value of less than 2 million to a leading welded pipe enterprise with an output value of more than 8 billion in 2003. It was the largest welded pipe enterprise in China at that time, with a market share of over 50%. The rise of Jinghua innovation in welded pipe industry is inseparable from a little-known key figure-Liu Fengqi.

The relationship between Du Shuanghua and Liu Fengqi can be reflected from the "Huaqi" brand under the name of Jinghua Innovation: the word "Huaqi" is taken from their name. From 200 1 to 2002, Du Shuanghua also established Tangshan Huaqi Pipe Manufacturing Co., Ltd. and Guangzhou Huaqi Galvanized Steel Pipe Co., Ltd. successively.

Liu Fengqi is now the chairman of Tianjin Qifeng Group Co., Ltd. Besides, there is almost no other information about Liu Fengqi in the public information.

He has a close relationship with Yu, the boss of Daqiuzhuang, known as "the first village in China": he used to be the vice president of Tianjin Yaoshun Group. Tianjin Yaoshun Group is one of the four group companies established in June19921/kloc-0. In addition, in 2004, Tianjin Qifeng Group, funded by Liu Fengqi, was located in Daqiuzhuang. In 1990s, the owners of welded pipes in China should concentrate in Daqiuzhuang area. Since entering prison, a large number of control talents have left, including.

According to an internal information obtained by the reporter, Liu Fengqi once served as the general manager of Guangzhou Shenshan Wufeng Steel Pipe Factory, and later served as the general manager of Hengshui Jinghua Group in cooperation with Du Shuanghua. He has been in the pipeline industry for more than 30 years and can be said to be a master in the pipeline industry. He has a thorough understanding of China.

The laws of the steel market can timely dispatch all kinds of materials, and with its years of management, all departments and links in Jinghua can freely use scheduling. "

An old employee surnamed Li of Rizhao Steel recalled: "There are excellent management skills. When Jinghua was well run, Du Shuanghua could not do without the support of Liu Fengqi today. "

In 2002, Du and Liu parted ways due to differences in newly-built steel mills, and 29. 1% of Jinghua Innovation shares under Liu's name were transferred to Yuan Xinhai. Yuan Xinhai, a relative of Du Shuanghua, is now the executive deputy general manager of Rizhao Steel, mainly responsible for the construction of fixed assets of machinery and equipment.

At that time, Du Shuanghua continued to choose the site for the proposed steel plant in the coastal areas of North China, and Liu Fengqi went south to Guangzhou. Two years later, Liu Fengqi returned to Daqiuzhuang, Tianjin and established Tianjin Qifeng Group. A person familiar with the matter said: "Liu Fengqi wants to continue to develop in the welded pipe industry, while Du Shuanghua wants to build a steel mill, although it was separated from Liu Fengqi, which caused a great sensation in Hengshui and the pipe making industry." By the end of 2003, Jinghua Innovation Group had total assets of 5 billion yuan, revenue of 8.5 billion yuan and total profit of 445 million yuan. An insider said that the company's income is 3.5 billion yuan more than its total assets, indicating that the company has strong profitability and rapid capital turnover. At that time, the market situation was very good.

By 2009, the shareholding structure of Jinghua Innovation was controlled by Du Shuanghua, Yuan Xinhai and Wu Guoqing, with the shareholding ratios of 67.9%, 29. 1% and 3% respectively. According to the investigation, Wu Guoqing is now the deputy general manager of Jinghua Innovation Group, in charge of financing matters, and also the legal representative of Hengshui Jinghua Chemical Plant.

The assets of Jinghua Innovation Group are actually almost all the assets accumulated by Du Shuanghua before the establishment of Rizhao Steel. Du Shuanghua's low-key lies in that before his separation from Liu Fengqi, employees in the factory, especially front-line employees, only knew that there was a Liu Fengqi in Jinghua, and many people didn't know that the actual boss of the company was Du Shuanghua.