What is the main economic source of Huaxi Village?

Wu Xieen has a dominant position in entering the financial and maritime industries. According to media reports, Wu Xieen once said that he should get as many licenses as possible in finance, and take shares if he can't get them.

Since 2005, Huaxi Village has established financing guarantee companies and pawn companies, and in 2009, it established a group finance company to participate in equity investment. At present, Huaxi Group has financial service enterprises including investment guarantee, small loan companies, village banks, pawns and so on.

Regarding the choice of transformational finance, Wu Xieen explained, "The transformation direction of Huaxi Group is the service industry, and the best and fastest way to enter the service industry is the financial industry."

The prospectus of bonds issued by Huaxi Group in 20 16 shows that in 20 15, the investment income of Huaxi Group reached 2.769 billion yuan, accounting for 193.25% of the total profit of Huaxi Group in that year. According to the latest data provided by Poly Jun, in 20 16, the financial income of Huaxi Group was1626 million yuan and the net profit was 607 million yuan, which was the main contribution of Huaxi Group's net profit (450 million yuan in 20 16).

In contrast, Huaxi Group's internal financial business income is less than that of steel plate110, but its profit is five times that of steel plate.

The offshore sector has not yet turned losses. After the financial crisis in 2008, most shipping companies lost money and reduced their losses by selling ships. Wu Xieen thinks this is a golden opportunity to enter the shipping industry. In 2009, Huaxi Group bought five second-hand ships at a low price and began to set foot in the shipping industry.