Zhang Yin's Personal Experience

1985, 27-year-old Zhang Yin gave up her job as an accountant in a well-paid joint venture in Shenzhen and went to Hong Kong alone with 30,000 yuan.

Because I was entrusted by a domestic paper mill to buy waste paper. Zhang Yin began to set foot in the field of converting straw pulp papermaking into environmentally friendly papermaking, and she soon learned about the shortage of paper in the mainland and the huge market potential. China's forest resources are relatively poor, especially the construction of fast-growing forest for papermaking is seriously lagging behind, so most of the raw materials for high-grade paper need to be imported from waste paper and wood pulp (the domestic waste paper collection system is not perfect and the level is not enough), and waste paper from developed countries and regions has become an important way to solve the bottleneck of paper raw materials in China. This low-threshold business called "collecting junk" has attracted many businesses, and Hong Kong has become their most important distribution center. So, Zhang Yin started a waste paper recycling business in Hong Kong.

1Feb. 990, Mr. and Mrs. Zhang Yin started to expand waste paper recycling business in the United States and set up Zhongnan Holding Company. There are not only abundant waste paper resources here, but also the waste paper recycling system is extremely efficient and scientific. During 10, Zhongnan successively established seven packaging factories (packaging waste paper received) and transportation enterprises in the United States.

1987, Zhang Yin, who had worked in Hong Kong for less than two years, began to look for a paper mill as a partner in the Mainland, and the joint venture with Yingkou Paper Mill in Liaoning soon succeeded. Subsequently, she accumulated a lot of experience in joint ventures with Wuhan Dongfeng Paper Mill and Hebei Tangshan Paper Mill. From 65438 to 0988, Zhang Yin established a wholly-owned paper mill in Dongguan, Dongguan Zhongnan Paper, to produce household paper.

1996, Zhang yin decisively invested 1. 1 100 million dollars in dongguan to establish nine dragons paper. 1July 1998, the first production line was completed and put into operation, with an annual output of 200,000 tons of high-grade kraft paper board. In June 2000 and May 2002, Zhang Yin successively invested heavily to install two production lines in Dongguan base. So far, nine dragons paper has become a leading packaging paperboard enterprise in China, with three production lines and a capacity of one million tons. Since then, the pace of Nine Dragons has not slowed down at all, and the new production line of Dongguan base is still on the ground; At the same time, it moved northward to Taicang, Jiangsu Province, and quickly formed a production capacity of 950,000 tons, almost recreating a nine dragons. At the beginning of 2005, the production capacity reached 2.35 million tons, and at the end of the year, the production capacity increased by nearly one million tons, reaching 3.3 million tons, accounting for 17% of the China market. Nine dragons paper has surpassed Chenming Paper (5.06%, -0.04% and -0.78%) to become the first paper giant in China, the second in Asia and the eighth in the world. China's booming economy, especially the products produced as a "world factory", needs high-quality packaging. Nine dragons paper's products are in short supply and have been adopted by well-known enterprises such as Coca-Cola, Nike, Sony, Haier and TCL.

In 2002, Zhongnan became the largest container export company in the United States. Today, Zhongnan is the largest supplier of papermaking raw materials in Europe and America, with an annual shipment of more than 5 million tons. These goods need to be transported in 200,000 12 foot standard containers! According to the report of the American Forest and Paper Association, the United States consumes 47 million tons of paper every year, and nearly 75% of the waste paper will be recycled. According to the statistics of China Customs, the import of waste paper in 2005 increased by 33.6% compared with that in 2004, reaching17.04 million tons (the sharp increase of China's import also directly led to the increase of international waste paper prices). In this way, the United States exports 1/7 of recyclable waste paper from Zhongnan every year, while China imports more than 1/4 of recyclable papermaking raw materials from Zhongnan.

Nine dragons paper has built a 350,000-square-meter workshop on the land of Mayong 1.353 mu in Dongguan, with a land cost of only 20,000 mu. 3,839 mu of land in Taicang, Jiangsu, with a unit price of 80,000-86,000 yuan; The unit price of 739 mu of land in Zhalantun, Inner Mongolia is 67,000 yuan ... At the end of 2005, the property (factory buildings, land, buildings, etc. The value of China Mainland Nine Dragons Paper Co., Ltd. is RMB 246,654,380+0,000.

Zhongnan buys waste paper in the United States at a low price, transports it to China at a low freight rate, and then uses the advantages of land, energy and manpower in Chinese mainland to produce high-grade paper products that are in short supply at low cost. The industrial chain built by Zhang Yin and his wife is under their control from the front end, which has cost advantages and profits. At the end of the industrial chain, high-end products are in short supply ... Successful vertical integration and optimized grasp of the industrial chain are the secrets of the birth of China's "richest man".

20 10, 10, the 2nd China Green Industry Economic Forum and the 2009 China Energy Conservation and Emission Reduction Meritorious Persons, Meritorious Enterprises, Leading Figures and Leading Enterprises Awards Gala were held in Beijing. Zhang Yin, Chairman of nine dragons paper, was awarded the title of "2009 China Energy Conservation and Emission Reduction Meritorious Person" for her outstanding contribution to environmental protection and energy conservation and emission reduction.

In 20 10, 53-year-old Zhang Yin and her family ranked as the richest woman with a wealth of 38 billion yuan. In 2009, she became the first richest woman in the Hurun Report and a self-made woman in the world.

In 20 12, he was awarded "Outstanding Businessman" by the World Businessmen Congress.

201510/9 "2015 hurun rich list" was released, and Zhang yin ranked fifth with a wealth of 26.5 billion yuan. 10. After the results of the first-stage bidding of the CBD core area 12 plot were announced in October, plot 6 took the lead in entering the second round of bidding. On the morning of February 7th, 65438, * * 16 groups of enterprises participated in the on-site bidding.

Zhang Yin's bid for the nine dragons paper CBD plot also attracted the attention of the people on the spot. Some developers said that there was little news of Zhang Yin's entry into real estate investment before, and this bid in Beijing may be regarded as an important step for Jiulong to enter real estate investment. Nine dragons paper official website shows that the company's business does not include real estate, and the investment projects are also related to the paper industry. Zhang Yin likes reading history books. "I think China has a lot of history books to read. After reading it, they can be inspired and benefit a lot. The ancients were very clever and their experience was very useful to us. "

She likes the historical stories of Ming and Qing dynasties very much, and she likes to travel to Beijing best. She said that there are many mysterious China history in the Forbidden City worth exploring. "You will never get tired of it." And said there wasn't that much time. "Now we must first ensure rest, then exercise, and finally study."

She also likes music because she is influenced by her family. "My grandfather's generation loved music very much. I not only like listening, but also like singing, although I can't sing well. " On June 24th, 20 13, the media reported that Zhang Yin, the chairman of nine dragons paper, the richest woman, divorced at the age of 55, and the divorce involved the equity relationship of the family trust.

According to the report, Zhang Yin's husband, Liu Mingzhong, was born in dentistry. He once served as the vice chairman and CEO in nine dragons paper, and served as a member of the company's executive committee and remuneration committee. He has a very close business relationship with nine dragons paper Company. As the core leader of nine dragons paper, the divorce did not affect the operation of the company, which was due to the trust of the family.

In response to this report, nine dragons paper issued an announcement on the HKEx at noon on June 24, 20 13, denying this fact. According to the announcement, the board of directors has consulted Zhang Yin and Liu Mingzhong, and was told that the media reports were wrong and totally incorrect, and said that the media comments on their marriage were groundless and seriously inaccurate.