1/384 <font color=red>n</font> 09-03 09:17:40-09-03 09:17:45 The big boss of Xin Yu shares, Zhou Xiaoping, is known in th...<br>2/384 <font color=red>bg</font> 09-03 09:15:54-09-03 09:16:02 In the field of car lights,<br>3/384 <font color=red></font> 09-03 09:16:32-09-03 09:16:41 Star Yu shares is the first in China.<br>4/384 <font color=red>n</font> 09-03 09:16:27-09-03 09:16:32 Global Seventh is the only Chinese car light manufacturer to...<br>5/384 <font color=red>de</font> 09-03 09:16:29-09-03 09:16:35 a d b smart headlights,<br>6/384 <font color=red></font> 09-03 09:15:57-09-03 09:16:06 Its market share is the highest in the world.<br>7/384 <font color=red>n</font> 09-03 09:16:39-09-03 09:16:43 The most advanced second-generation projector digital lights...<br>8/384 <font color=red>de</font> 09-03 09:24:50-09-03 09:25:06 Its domestic market share exceeds 90%.<br>9/384 <font color=red>aaa</font> 09-03 09:16:01-09-03 09:16:07 With other car light manufacturers,<br>10/384 <font color=red>xss</font> 09-03 09:16:03-09-03 09:16:22 The manufacturer is either a holding company or has shares i...<br>11/384 <font color=red></font> 09-03 09:16:06-09-03 09:16:18 Star Yu shares is a very independent entity.<br>12/384 <font color=red>de</font> 09-03 09:16:57-09-03 09:17:05 None of its major shareholders are automotive manufacturers.<br>13/384 <font color=red>de</font> 09-03 09:16:11-09-03 09:16:22 All achievements are based on products and core competencies...<br>14/384 <font color=red>bg</font> 09-03 09:16:09-09-03 09:16:22 So, this Zhou Xiaoping is quite impressive.<br>15/384 <font color=red>n</font> 09-03 09:16:14-09-03 09:16:22 Xin Yu shares were not only built by him,<br>16/384 <font color=red>aaa</font> 09-03 09:16:18-09-03 09:16:23 For so many years, he has been fighting on the front lines.<br>17/384 <font color=red></font> 09-03 09:16:15-09-03 09:16:23 Not only is it a controller,<br>18/384 <font color=red></font> 09-03 09:16:19-09-03 09:16:32 Still the chairman and general manager,<br>19/384 <font color=red>hp</font> 09-03 09:16:22-09-03 09:16:30 Lead a team from scratch,<br>20/384 <font color=red></font> 09-03 09:16:23-09-03 09:16:32 Achieved annual revenue exceeding 10 billion.<br>21/384 <font color=red>bg</font> 09-03 09:16:24-09-03 09:16:32 The company's annual report shows that,<br>22/384 <font color=red>xss</font> 09-03 09:16:30-09-03 09:16:43 This company has over 6,000 employees enrolled in the insura...<br>23/384 <font color=red>aaa</font> 09-03 09:16:31-09-03 09:16:35 Many people don't know that,<br>24/384 <font color=red>hp</font> 09-03 09:16:34-09-03 09:16:43 Zhou Xiaoping is not someone who comes from the lighting or ...<br>25/384 <font color=red></font> 09-03 09:16:41-09-03 09:16:56 The major you studied might be something you can't even imag...<br>26/384 <font color=red>bg</font> 09-03 09:16:37-09-03 09:16:46 It has nothing to do with cars, no matter how hard you try.<br>27/384 <font color=red></font> 09-03 09:16:38-09-03 09:16:43 What did he learn?<br>28/384 <font color=red>hp</font> 09-03 09:17:15-09-03 09:17:18 Studied medicine.<br>29/384 <font color=red>aaa</font> 09-03 09:16:42-09-03 09:16:46 Before being a boss,<br>30/384 <font color=red>de</font> 09-03 09:16:43-09-03 09:16:52 He is from the Wujin Military Academy.<br>31/384 <font color=red></font> 09-03 09:16:48-09-03 09:16:56 A small teacher,<br>32/384 <font color=red></font> 09-03 09:16:45-09-03 09:16:56 A teacher,<br>33/384 <font color=red></font> 09-03 09:18:03-09-03 09:18:11 How did a vocational school teacher become the "Queen of Car...<br>34/384 <font color=red>hp</font> 09-03 09:16:49-09-03 09:16:56 I have researched a lot of information,<br>35/384 <font color=red>xss</font> 09-03 09:16:52-09-03 09:17:05 However, there is a lack of relevant information.<br>36/384 <font color=red>bg</font> 09-03 09:16:53-09-03 09:17:05 According to the prospectus of New Yu Shares, a Chinese stoc...<br>37/384 <font color=red>aaa</font> 09-03 09:16:56-09-03 09:17:05 Zhou Xiaoping,<br>38/384 <font color=red>n</font> 09-03 09:16:50-09-03 09:16:56 Female,<br>39/384 <font color=red></font> 09-03 09:16:59-09-03 09:17:05 Born in March 1961,<br>40/384 <font color=red>n</font> 09-03 09:17:00-09-03 09:17:05 Chinese engineers,<br>41/384 <font color=red></font> 09-03 09:17:10-09-03 09:17:18 MBA graduate of the China-Europe International Business Scho...<br>42/384 <font color=red></font> 09-03 09:17:01-09-03 09:17:05 From November 1993 to July 1997,<br>43/384 <font color=red>xss</font> 09-03 09:26:16-09-03 09:26:28 Former teacher at Jiangsu Wujiang Health School,<br>44/384 <font color=red>bg</font> 09-03 09:17:35-09-03 09:17:45 Academic Affairs Office<br>45/384 <font color=red>hp</font> 09-03 09:17:03-09-03 09:17:05 Director,<br>46/384 <font color=red></font> 09-03 09:17:05-09-03 09:17:18 Deputy Principal and other administrative positions.<br>47/384 <font color=red>bg</font> 09-03 09:17:07-09-03 09:17:18 This introduction is very meaningful.<br>48/384 <font color=red>n</font> 09-03 09:17:09-09-03 09:17:18 Worth further investigation.<br>49/384 <font color=red></font> 09-03 09:17:12-09-03 09:17:18 The first "eMBA" degree is not a must-have item for big boss...<br>50/384 <font color=red>de</font> 09-03 09:17:17-09-03 09:17:34 I am interested in the Bachelor's degree from his White Erh-...<br>51/384 <font color=red>aaa</font> 09-03 09:17:14-09-03 09:17:18 According to the information I have,<br>52/384 <font color=red>bg</font> 09-03 09:17:20-09-03 09:17:34 He was born in 1961.<br>53/384 <font color=red></font> 09-03 09:17:22-09-03 09:17:34 Graduated in 1990 with a bachelor's degree.<br>54/384 <font color=red>xss</font> 09-03 09:17:18-09-03 09:17:34 Born in 1961,<br>55/384 <font color=red>hp</font> 09-03 09:18:37-09-03 09:18:48 That means he is very likely from Zhenjiang.<br>56/384 <font color=red>n</font> 09-03 09:17:26-09-03 09:17:34 Wujin was only separated from Zhenjiang and given to Changzh...<br>57/384 <font color=red>aaa</font> 09-03 09:17:29-09-03 09:17:34 He graduated from university in 1990.<br>58/384 <font color=red></font> 09-03 09:17:23-09-03 09:17:34 Explanation: At graduation,<br>59/384 <font color=red>hp</font> 09-03 09:17:31-09-03 09:17:34 He is in his thirties.<br>60/384 <font color=red></font> 09-03 09:17:34-09-03 09:17:45 So high an age to graduate at such a high level,<br>61/384 <font color=red></font> 09-03 09:17:37-09-03 09:17:45 Graduation is obviously not normal.<br>62/384 <font color=red></font> 09-03 09:17:38-09-03 09:17:45 Right?<br>63/384 <font color=red>hp</font> 09-03 09:17:41-09-03 09:17:45 Is he a full-time undergraduate student?<br>64/384 <font color=red>aaa</font> 09-03 09:17:42-09-03 09:17:45 Did he go to a normal high school?<br>65/384 <font color=red></font> 09-03 09:18:14-09-03 09:18:24 There is no information available.<br>66/384 <font color=red>de</font> 09-03 09:17:44-09-03 09:17:57 All are mysteries.<br>67/384 <font color=red>bg</font> 09-03 09:17:47-09-03 09:17:57 Published on July 10, 2025, based on an article from the Far...<br>68/384 <font color=red>de</font> 09-03 09:18:48-09-03 09:19:00 Zhou Xiaoping is a member of the Communist Party of China.<br>69/384 <font color=red>xss</font> 09-03 09:17:45-09-03 09:17:57 Joined the workforce in 1981.<br>70/384 <font color=red>aaa</font> 09-03 09:17:52-09-03 09:17:57 However, this article does not specifically state where he g...<br>71/384 <font color=red></font> 09-03 09:17:48-09-03 09:17:57 Which unit?<br>72/384 <font color=red></font> 09-03 09:17:49-09-03 09:17:57 If the article is true,<br>73/384 <font color=red>hp</font> 09-03 09:17:53-09-03 09:17:57 So, when I started working in 1981,<br>74/384 <font color=red>n</font> 09-03 09:17:55-09-03 09:17:57 Zhou Xiaoping was exactly twenty years old.<br>75/384 <font color=red></font> 09-03 09:17:57-09-03 09:18:11 This also aligns with the age characteristics of young peopl...<br>76/384 <font color=red>bg</font> 09-03 09:18:00-09-03 09:18:11 Based on these two pieces of information,<br>77/384 <font color=red></font> 09-03 09:18:02-09-03 09:18:11 We can probably deduce that,<br>78/384 <font color=red>hp</font> 09-03 09:18:04-09-03 09:18:11 Zhou Xiaoping was the first to start working.<br>79/384 <font color=red>aaa</font> 09-03 09:18:07-09-03 09:18:11 Then, it was spoken in some form.<br>80/384 <font color=red>de</font> 09-03 09:18:09-09-03 09:18:21 I also ask the n medical university,<br>81/384 <font color=red>n</font> 09-03 09:18:10-09-03 09:18:11 For example, further education.<br>82/384 <font color=red>bg</font> 09-03 09:18:49-09-03 09:19:00 For example, online education and so on.<br>83/384 <font color=red>xss</font> 09-03 09:18:11-09-03 09:18:23 Here is a very easy to overlook,<br>84/384 <font color=red>bg</font> 09-03 09:18:13-09-03 09:18:24 But the extremely important information and his university.<br>85/384 <font color=red></font> 09-03 09:18:16-09-03 09:18:24 The medical school of Bai Quren University no longer exists.<br>86/384 <font color=red>n</font> 09-03 09:18:17-09-03 09:18:24 It has already been incorporated into Jilin University.<br>87/384 <font color=red>aaa</font> 09-03 09:18:19-09-03 09:18:24 It is now called the White Erh Medicine School of Jilin Univ...<br>88/384 <font color=red>hp</font> 09-03 09:18:21-09-03 09:18:26 Jilin University has a Jilin Fourth Hospital under its name.<br>89/384 <font color=red>bg</font> 09-03 09:19:53-09-03 09:20:04 What was the name of this university before it became part o...<br>90/384 <font color=red></font> 09-03 09:18:23-09-03 09:18:37 It's the First Affiliated Hospital of Jilin University.<br>91/384 <font color=red>de</font> 09-03 09:18:26-09-03 09:18:37 The First Auto Hospital was formerly known as the Workers' H...<br>92/384 <font color=red>aaa</font> 09-03 09:18:33-09-03 09:18:37 On November 3, 1986, the First Automotive Workers' Hospital ...<br>93/384 <font color=red>bg</font> 09-03 09:18:27-09-03 09:18:37 Zhou Xiaoping graduated from university in 1990.<br>94/384 <font color=red></font> 09-03 09:27:33-09-03 09:27:46 The reverse words,<br>95/384 <font color=red></font> 09-03 09:18:31-09-03 09:18:37 I just started college in 1986 or 1985, I don't know.<br>96/384 <font color=red></font> 09-03 09:18:29-09-03 09:18:37 What major did he actually study?<br>97/384 <font color=red>xss</font> 09-03 09:18:36-09-03 09:18:48 Is it a four-year program, five years, or some other duratio...<br>98/384 <font color=red>n</font> 09-03 09:18:34-09-03 09:18:37 Anyway, when he went to university,<br>99/384 <font color=red>bg</font> 09-03 09:18:38-09-03 09:18:48 The First Automotive Workers' Hospital should have already b...<br>100/384 <font color=red></font> 09-03 09:18:40-09-03 09:18:48 This is also something I can infer from publicly available i...<br>101/384 <font color=red></font> 09-03 09:18:43-09-03 09:18:48 The first time he came into contact with the automotive indu...<br>102/384 <font color=red></font> 09-03 09:18:41-09-03 09:18:48 Otherwise, I will find it difficult to believe.<br>103/384 <font color=red>aaa</font> 09-03 09:18:44-09-03 09:18:48 A person who studies medicine,<br>104/384 <font color=red>n</font> 09-03 09:18:47-09-03 09:18:48 Without any professional background,<br>105/384 <font color=red></font> 09-03 09:19:43-09-03 09:19:51 Without any background in the automotive industry,<br>106/384 <font color=red></font> 09-03 09:18:51-09-03 09:19:00 Will abandon the stable job in the system,<br>107/384 <font color=red></font> 09-03 09:18:54-09-03 09:19:00 Go do something unrelated to car lights.<br>108/384 <font color=red>hp</font> 09-03 09:18:52-09-03 09:19:00 The map shows,<br>109/384 <font color=red>n</font> 09-03 09:18:55-09-03 09:19:00 Jide University, Bai Qiren Medical School is 8 kilometers aw...<br>110/384 <font color=red>xss</font> 09-03 09:19:51-09-03 09:20:04 Located only six kilometers from the headquarters of FAW Gro...<br>111/384 <font color=red>aaa</font> 09-03 09:18:57-09-03 09:19:00 Another indirect evidence is New Universe shares.<br>112/384 <font color=red>aaa</font> 09-03 09:19:32-09-03 09:19:37 Besides the main base in Changzhou,<br>113/384 <font color=red></font> 09-03 09:18:58-09-03 09:19:11 In its domestic production base,<br>114/384 <font color=red>bg</font> 09-03 09:19:01-09-03 09:19:11 The main topic is about the headquarters location of FAW.<br>115/384 <font color=red>xss</font> 09-03 09:19:00-09-03 09:19:11 In Changchun,<br>116/384 <font color=red>n</font> 09-03 09:19:04-09-03 09:19:11 New Yu shares built a supporting factory in Changchun.<br>117/384 <font color=red></font> 09-03 09:19:05-09-03 09:19:11 After FAW-Volkswagen, they opened a branch in Foshan.<br>118/384 <font color=red>hp</font> 09-03 09:19:03-09-03 09:19:11 Built a new factory,<br>119/384 <font color=red>aaa</font> 09-03 09:28:31-09-03 09:28:46 New Yushi shares immediately followed up with FAW-Volkswagen...<br>120/384 <font color=red></font> 09-03 09:19:06-09-03 09:19:11 There's a factory nearby, about several kilometers away from...<br>121/384 <font color=red></font> 09-03 09:19:15-09-03 09:19:25 This clearly indicates that FAW has almost reached the level...<br>122/384 <font color=red>aaa</font> 09-03 09:19:09-09-03 09:19:11 Especially in the past few decades, when gasoline-powered ca...<br>123/384 <font color=red>de</font> 09-03 09:19:11-09-03 09:19:25 This is the first important piece of information.<br>124/384 <font color=red>bg</font> 09-03 09:19:13-09-03 09:19:25 The second week's stock report shows,<br>125/384 <font color=red>hp</font> 09-03 09:19:16-09-03 09:19:25 From November 1993 to July 1997,<br>126/384 <font color=red></font> 09-03 09:19:18-09-03 09:19:25 Zhou Xiaoping was a teacher at the Wujiang Vocational School...<br>127/384 <font color=red>aaa</font> 09-03 09:19:19-09-03 09:19:25 Dean of the Faculty of Education,<br>128/384 <font color=red>n</font> 09-03 09:19:21-09-03 09:19:25 Vice Principal,<br>129/384 <font color=red></font> 09-03 09:19:22-09-03 09:19:37 Board of Directors.<br>130/384 <font color=red>xss</font> 09-03 09:19:23-09-03 09:19:37 This information is very brief.<br>131/384 <font color=red>bg</font> 09-03 09:19:26-09-03 09:19:37 But the concentration is very high.<br>132/384 <font color=red>n</font> 09-03 09:19:33-09-03 09:19:37 From November 1993 to July 1997,<br>133/384 <font color=red></font> 09-03 09:19:28-09-03 09:19:37 The span is only three years and eight months.<br>134/384 <font color=red></font> 09-03 09:19:29-09-03 09:19:37 Less than four years,<br>135/384 <font color=red>hp</font> 09-03 09:19:35-09-03 09:19:37 However, Mr. Zhou achieved the evidence of three consecutive...<br>136/384 <font color=red>de</font> 09-03 09:19:37-09-03 09:19:51 From an ordinary teacher to the Dean of Academic Affairs,<br>137/384 <font color=red>bg</font> 09-03 09:19:39-09-03 09:19:51 Then to the Vice Principal,<br>138/384 <font color=red></font> 09-03 09:19:41-09-03 09:19:51 What does this prove?<br>139/384 <font color=red>aaa</font> 09-03 09:19:44-09-03 09:19:51 Directly proved the outstanding ability of porridge.<br>140/384 <font color=red>de</font> 09-03 09:20:04-09-03 09:20:17 Actually,<br>141/384 <font color=red>n</font> 09-03 09:19:48-09-03 09:19:51 Zhou Xiaoping's main job at the time was probably not teachi...<br>142/384 <font color=red>hp</font> 09-03 09:19:47-09-03 09:19:51 Not teaching children.<br>143/384 <font color=red></font> 09-03 09:19:50-09-03 09:20:04 According to the prospectus on page 32,<br>144/384 <font color=red></font> 09-03 09:19:55-09-03 09:20:04 A detailed introduction to the history of a new car factory,<br>145/384 <font color=red></font> 09-03 09:19:58-09-03 09:20:04 Wujin County New Car Light Factory was established based on ...<br>146/384 <font color=red>aaa</font> 09-03 09:21:36-09-03 09:21:46 Established by the school-affiliated collective enterprise o...<br>147/384 <font color=red>aaa</font> 09-03 09:20:00-09-03 09:20:04 Established in February 1993, under the administration of th...<br>148/384 <font color=red>hp</font> 09-03 09:19:57-09-03 09:20:04 Registered capital of 40,000 yuan.<br>149/384 <font color=red>aaa</font> 09-03 09:21:04-09-03 09:21:08 Zhou Xiaoping, as the factory director, saw that...<br>150/384 <font color=red></font> 09-03 09:20:22-09-03 09:20:28 Nineteen ninety-three,<br>151/384 <font color=red>bg</font> 09-03 09:20:05-09-03 09:20:17 He was appointed as the factory manager right after he enter...<br>152/384 <font color=red>n</font> 09-03 09:20:01-09-03 09:20:04 August 1994,<br>153/384 <font color=red></font> 09-03 09:20:08-09-03 09:20:17 Wujin County Xingyu Car Light Factory increases registered c...<br>154/384 <font color=red></font> 09-03 09:20:07-09-03 09:20:17 Also renamed to Changzhou Xingyu Car Lights Factory.<br>155/384 <font color=red>n</font> 09-03 09:20:10-09-03 09:20:17 From January 1, 1996 onwards,<br>156/384 <font color=red></font> 09-03 09:21:22-09-03 09:21:31 The Starry Car Factory was contracted to Zhou Xiaoping.<br>157/384 <font color=red>aaa</font> 09-03 09:20:12-09-03 09:20:17 Based on this information,<br>158/384 <font color=red>hp</font> 09-03 09:20:14-09-03 09:20:17 We can organize the following information.<br>159/384 <font color=red></font> 09-03 09:20:15-09-03 09:20:28 February 1993,<br>160/384 <font color=red></font> 09-03 09:20:20-09-03 09:20:28 Zhou Xiaoping worked as the factory manager at Xingyu Car Li...<br>161/384 <font color=red>n</font> 09-03 09:20:21-09-03 09:20:28 He was also a teacher at the vocational school, and he was a...<br>162/384 <font color=red>xss</font> 09-03 09:20:17-09-03 09:20:28 While also teaching,<br>163/384 <font color=red>bg</font> 09-03 09:20:18-09-03 09:20:28 He has been promoted step by step.<br>164/384 <font color=red>xss</font> 09-03 09:30:07-09-03 09:30:19 Achieve the position of Dean of Academic Affairs.<br>165/384 <font color=red>aaa</font> 09-03 09:20:25-09-03 09:20:28 Achieve the position of deputy principal.<br>166/384 <font color=red>hp</font> 09-03 09:20:26-09-03 09:20:28 Starting from January 1, 1996,<br>167/384 <font color=red>de</font> 09-03 09:20:28-09-03 09:20:42 He was directly assigned the role of class monitor.<br>168/384 <font color=red>bg</font> 09-03 09:20:29-09-03 09:20:42 Self-employment.<br>169/384 <font color=red></font> 09-03 09:21:50-09-03 09:21:58 However, the work rules in schools were still maintained at ...<br>170/384 <font color=red></font> 09-03 09:20:31-09-03 09:20:42 At this point,<br>171/384 <font color=red></font> 09-03 09:20:33-09-03 09:20:42 I remembered the baby ha.<br>172/384 <font color=red>hp</font> 09-03 09:20:35-09-03 09:20:42 All are school-run enterprises.<br>173/384 <font color=red>n</font> 09-03 09:20:39-09-03 09:20:42 All of them have become billion-dollar companies after opera...<br>174/384 <font color=red>aaa</font> 09-03 09:20:36-09-03 09:20:42 How similar,<br>175/384 <font color=red></font> 09-03 09:20:38-09-03 09:20:42 Right?<br>176/384 <font color=red>xss</font> 09-03 09:20:41-09-03 09:20:55 However, their development paths are completely different.<br>177/384 <font color=red>bg</font> 09-03 09:20:44-09-03 09:20:55 So, Wahaha is still struggling to find its footing.<br>178/384 <font color=red></font> 09-03 09:20:47-09-03 09:20:55 And the car lamp factory of Wujin Military Academy has alrea...<br>179/384 <font color=red></font> 09-03 09:20:45-09-03 09:20:55 The equity structure of listed companies is very clear.<br>180/384 <font color=red>n</font> 09-03 09:20:48-09-03 09:20:55 There's been a period of silence here.<br>181/384 <font color=red></font> 09-03 09:20:51-09-03 09:21:08 For about two years, from graduating from White River Medica...<br>182/384 <font color=red>aaa</font> 09-03 09:20:49-09-03 09:20:55 What is he doing? There's no information about his work hist...<br>183/384 <font color=red>hp</font> 09-03 09:20:54-09-03 09:20:55 The prospectus was written starting from February 1993.<br>184/384 <font color=red>bg</font> 09-03 09:20:58-09-03 09:21:08 He started writing at the age of thirty-two.<br>185/384 <font color=red>de</font> 09-03 09:20:55-09-03 09:21:08 Previous work experience cannot be verified.<br>186/384 <font color=red>n</font> 09-03 09:21:05-09-03 09:21:08 The propaganda articles of the Farmers and Workers Party onl...<br>187/384 <font color=red></font> 09-03 09:21:00-09-03 09:21:08 What specific unit?<br>188/384 <font color=red></font> 09-03 09:21:01-09-03 09:21:08 What job,<br>189/384 <font color=red>xss</font> 09-03 09:21:08-09-03 09:21:22 We still don't know.<br>190/384 <font color=red>hp</font> 09-03 09:21:07-09-03 09:21:08 How good is Zhou Xiaoping as a teacher?<br>191/384 <font color=red>bg</font> 09-03 09:21:10-09-03 09:21:22 I don't know.<br>192/384 <font color=red>aaa</font> 09-03 09:22:04-09-03 09:22:13 But being a boss is definitely an experience.<br>193/384 <font color=red></font> 09-03 09:21:11-09-03 09:21:22 Nineteen ninety-three,<br>194/384 <font color=red></font> 09-03 09:21:12-09-03 09:21:22 Since the establishment of Xingyu Car Lights Factory,<br>195/384 <font color=red>aaa</font> 09-03 09:21:14-09-03 09:21:22 From tractors,<br>196/384 <font color=red>hp</font> 09-03 09:21:18-09-03 09:21:22 Agricultural machinery,<br>197/384 <font color=red>n</font> 09-03 09:21:16-09-03 09:21:22 Trucks,<br>198/384 <font color=red>de</font> 09-03 09:21:19-09-03 09:21:31 The headlights start to turn on,<br>199/384 <font color=red>bg</font> 09-03 09:21:23-09-03 09:21:31 Steady development.<br>200/384 <font color=red></font> 09-03 09:21:24-09-03 09:21:31 At the beginning,<br>201/384 <font color=red>aaa</font> 09-03 09:21:28-09-03 09:21:31 The factory's registered capital is only 40,000.<br>202/384 <font color=red>n</font> 09-03 09:21:27-09-03 09:21:31 The registered capital increased to 580,000 in one year.<br>203/384 <font color=red></font> 09-03 09:21:26-09-03 09:21:31 January 1996,<br>204/384 <font color=red>hp</font> 09-03 09:22:43-09-03 09:22:45 After Wei School handed over the car lamp factory to Zhou Xi...<br>205/384 <font color=red></font> 09-03 09:21:35-09-03 09:21:46 On September 1, 1996, the city of Wujin, which was abolished...<br>206/384 <font color=red>hp</font> 09-03 09:21:30-09-03 09:21:31 Decide to reform the property rights of municipal industrial...<br>207/384 <font color=red></font> 09-03 09:21:38-09-03 09:21:46 The opportunity for small and medium-sized enterprises (SMEs...<br>208/384 <font color=red>xss</font> 09-03 09:21:31-09-03 09:21:46 Last year,<br>209/384 <font color=red>bg</font> 09-03 09:21:32-09-03 09:21:46 Zhou Xiaoping, using the name of his father Zhou Ba Jin,<br>210/384 <font color=red>hp</font> 09-03 09:21:40-09-03 09:21:46 Bought the car lighting field for 50,000.<br>211/384 <font color=red>n</font> 09-03 09:21:42-09-03 09:21:46 This school-run collective enterprise, established by the vo...<br>212/384 <font color=red></font> 09-03 09:30:50-09-03 09:31:01 In effect, it became a private enterprise of the Zhou family...<br>213/384 <font color=red></font> 09-03 09:21:43-09-03 09:21:58 At the same time,<br>214/384 <font color=red>bg</font> 09-03 09:21:47-09-03 09:21:58 Zhou Xiaoping also formally resigned from all positions at t...<br>215/384 <font color=red></font> 09-03 09:22:57-09-03 09:23:05 Devote all my energy to running the car light factory.<br>216/384 <font color=red>aaa</font> 09-03 09:21:51-09-03 09:21:58 There are two things worth noting about this reform.<br>217/384 <font color=red>de</font> 09-03 09:21:46-09-03 09:21:58 First,<br>218/384 <font color=red>hp</font> 09-03 09:21:48-09-03 09:21:58 Regarding the acquisition price,<br>219/384 <font color=red></font> 09-03 09:21:52-09-03 09:21:58 Another is about the suspected issue of being stripped in th...<br>220/384 <font color=red>n</font> 09-03 09:21:55-09-03 09:21:58 Regarding the acquisition price,<br>221/384 <font color=red>xss</font> 09-03 09:21:57-09-03 09:22:13 I just said,<br>222/384 <font color=red>xss</font> 09-03 09:23:18-09-03 09:23:37 Zhou Xiaoping spent 50 w, but according to the information d...<br>223/384 <font color=red></font> 09-03 09:22:05-09-03 09:22:13 At that time, Wei's car lamp factory was undergoing a restru...<br>224/384 <font color=red>bg</font> 09-03 09:21:59-09-03 09:22:13 Total assets are four hundred and eighty-one million.<br>225/384 <font color=red>hp</font> 09-03 09:22:01-09-03 09:22:12 Total debt is 3,520,000.<br>226/384 <font color=red>n</font> 09-03 09:22:06-09-03 09:22:13 Owner's rights, 128.72 yuan.<br>227/384 <font color=red></font> 09-03 09:22:09-09-03 09:22:13 Over a million?<br>228/384 <font color=red></font> 09-03 09:22:11-09-03 09:22:24 According to the asset valuation conducted by Putin City Aud...<br>229/384 <font color=red>bg</font> 09-03 09:22:15-09-03 09:22:24 Total debt is 362.41 million yuan,<br>230/384 <font color=red>hp</font> 09-03 09:23:04-09-03 09:23:05 Net assets are 1,105,900 yuan.<br>231/384 <font color=red>hp</font> 09-03 09:22:16-09-03 09:22:24 There are also more than 1.1 million.<br>232/384 <font color=red></font> 09-03 09:22:17-09-03 09:22:24 However, the final transaction price was not based on the on...<br>233/384 <font color=red>de</font> 09-03 09:22:12-09-03 09:22:24 Prospectus Review,<br>234/384 <font color=red>aaa</font> 09-03 09:22:20-09-03 09:22:24 After verification and approval by the leadership group of W...<br>235/384 <font color=red>n</font> 09-03 09:22:22-09-03 09:22:24 Starry Car Show Factory's net assets are 1,105,900 yuan.<br>236/384 <font color=red>bg</font> 09-03 09:22:25-09-03 09:22:35 During the period of subcontracting, any assets belonging to...<br>237/384 <font color=red></font> 09-03 09:22:23-09-03 09:22:35 After deducting employee relocation fees and other expenses,<br>238/384 <font color=red>xss</font> 09-03 09:22:24-09-03 09:22:45 The school's collective net assets are 498,600 yuan.<br>239/384 <font color=red></font> 09-03 09:22:27-09-03 09:22:35 Finally, using this 49.86 million as a benchmark,<br>240/384 <font color=red></font> 09-03 09:22:29-09-03 09:22:35 Fifty seats were sold to the Zhou family.<br>241/384 <font color=red>hp</font> 09-03 09:22:31-09-03 09:22:35 Due to the lack of detailed financial and audit data.<br>242/384 <font color=red></font> 09-03 09:22:39-09-03 09:22:45 We cannot know the net assets of the contractor and the comp...<br>243/384 <font color=red>aaa</font> 09-03 09:22:32-09-03 09:22:35 What are the specific details?<br>244/384 <font color=red>n</font> 09-03 09:22:33-09-03 09:22:35 In conclusion,<br>245/384 <font color=red>de</font> 09-03 09:22:35-09-03 09:22:45 This transaction was finally approved by the Economic Reform...<br>246/384 <font color=red>bg</font> 09-03 09:22:36-09-03 09:22:45 Wujin District Health Bureau<br>247/384 <font color=red></font> 09-03 09:22:37-09-03 09:22:45 Local Tax Bureau, Labor Department<br>248/384 <font color=red>n</font> 09-03 09:22:40-09-03 09:22:45 Municipal State-Owned Collective Asset Administration Bureau<br>249/384 <font color=red>bg</font> 09-03 09:22:46-09-03 09:22:56 The office of the leading group for reform of property right...<br>250/384 <font color=red>aaa</font> 09-03 09:22:42-09-03 09:22:45 That's it,<br>251/384 <font color=red>aaa</font> 09-03 09:22:50-09-03 09:22:56 The factory, which was managed by Zhou Xiaoping's father, un...<br>252/384 <font color=red></font> 09-03 09:22:45-09-03 09:22:56 So, his dad is the real person in charge.<br>253/384 <font color=red></font> 09-03 09:22:48-09-03 09:22:56 It's just a matter of substituting Zhou Xiaoping and holding...<br>254/384 <font color=red>n</font> 09-03 09:23:53-09-03 09:24:03 We can't figure out this one.<br>255/384 <font color=red></font> 09-03 09:22:49-09-03 09:22:56 At least, he didn't directly transfer the factory to his nam...<br>256/384 <font color=red>n</font> 09-03 09:22:53-09-03 09:22:56 The remodeled Chiyu Auto Lamps Factory did not soar to succe...<br>257/384 <font color=red>de</font> 09-03 09:22:54-09-03 09:23:05 And then, after a few years, he directly sold the business.<br>258/384 <font color=red>hp</font> 09-03 09:22:52-09-03 09:22:56 This is particularly surprising to me.<br>259/384 <font color=red>bg</font> 09-03 09:22:58-09-03 09:23:05 The new Yuxing shares we see now are similar to the old scho...<br>260/384 <font color=red>xss</font> 09-03 09:22:56-09-03 09:23:05 It can be said that there is no historical connection.<br>261/384 <font color=red>n</font> 09-03 09:30:54-09-03 09:31:01 Currently, the new Yu shares are registered on May 18th of t...<br>262/384 <font color=red></font> 09-03 09:23:00-09-03 09:23:05 They are not the successors of their predecessors.<br>263/384 <font color=red>aaa</font> 09-03 09:23:01-09-03 09:23:05 Legally,<br>264/384 <font color=red></font> 09-03 09:23:02-09-03 09:23:18 They can be said to have no connection at all.<br>265/384 <font color=red>n</font> 09-03 09:23:05-09-03 09:23:16 I think this operation is very outdated.<br>266/384 <font color=red></font> 09-03 09:23:07-09-03 09:23:18 Zhou Xiaoping's wisdom is beyond ordinary people.<br>267/384 <font color=red>aaa</font> 09-03 09:23:47-09-03 09:23:49 The prospectus shows that,<br>268/384 <font color=red>aaa</font> 09-03 09:23:10-09-03 09:23:18 Changzhou Xin Yu Car Lamps Factory was renamed Changzhou New...<br>269/384 <font color=red>de</font> 09-03 09:23:08-09-03 09:23:18 One year later,<br>270/384 <font color=red>aaa</font> 09-03 09:24:19-09-03 09:24:30 August 30, 2001<br>271/384 <font color=red>bg</font> 09-03 09:23:14-09-03 09:23:28 The shareholders of the new car factory suddenly made a deci...<br>272/384 <font color=red>hp</font> 09-03 09:23:15-09-03 09:23:19 And apply to the Wujin City Administration for Industry and ...<br>273/384 <font color=red></font> 09-03 09:23:11-09-03 09:23:18 This move,<br>274/384 <font color=red>n</font> 09-03 09:23:19-09-03 09:23:29 The way of doing things is confusing and hard to understand.<br>275/384 <font color=red></font> 09-03 09:23:21-09-03 09:23:29 A well-run company's shareholders,<br>276/384 <font color=red>aaa</font> 09-03 09:23:22-09-03 09:23:29 Only two women from the Zhou family were present,<br>277/384 <font color=red></font> 09-03 09:23:23-09-03 09:23:29 Neither business difficulties nor financial constraints.<br>278/384 <font color=red></font> 09-03 09:23:26-09-03 09:23:37 There are no equity disputes.<br>279/384 <font color=red>hp</font> 09-03 09:25:06-09-03 09:25:15 What are the sudden injections of funds, and what considerat...<br>280/384 <font color=red>hp</font> 09-03 09:23:29-09-03 09:23:37 These questions are difficult to guess.<br>281/384 <font color=red>de</font> 09-03 09:23:28-09-03 09:23:37 The prospectus shows that,<br>282/384 <font color=red>n</font> 09-03 09:23:32-09-03 09:23:37 Changzhou Xin'e Car Lamp Factory was approved for establishm...<br>283/384 <font color=red></font> 09-03 09:23:33-09-03 09:23:37 What's interesting is that just before the second IPO of Xin...<br>284/384 <font color=red>bg</font> 09-03 09:23:30-09-03 09:23:37 May 25, 2010<br>285/384 <font color=red></font> 09-03 09:23:37-09-03 09:23:49 The Jiangsu Provincial People's Government Office also issue...<br>286/384 <font color=red>aaa</font> 09-03 09:23:34-09-03 09:23:37 All transactions and modifications to the Starry Car Show fa...<br>287/384 <font color=red>bg</font> 09-03 09:23:38-09-03 09:23:49 Completed the relevant procedures,<br>288/384 <font color=red>de</font> 09-03 09:23:44-09-03 09:23:59 And it has been approved by the relevant authorities in acco...<br>289/384 <font color=red>hp</font> 09-03 09:23:41-09-03 09:23:49 The meaning is that New Yu shares will undergo a complete tr...<br>290/384 <font color=red></font> 09-03 09:23:42-09-03 09:23:49 There are no problems.<br>291/384 <font color=red>bg</font> 09-03 09:23:51-09-03 09:24:03 Another interesting piece of information is about obtaining ...<br>292/384 <font color=red>n</font> 09-03 09:23:45-09-03 09:23:49 One month later,<br>293/384 <font color=red></font> 09-03 09:23:48-09-03 09:24:03 On February 2, 1996.<br>294/384 <font color=red>xss</font> 09-03 09:23:49-09-03 09:24:03 Zhou Xiao Ping and his father, Zhou Ba Jin,<br>295/384 <font color=red></font> 09-03 09:23:56-09-03 09:24:03 Another company called Changzhou New Area Xin Yi Automotive ...<br>296/384 <font color=red>aaa</font> 09-03 09:24:00-09-03 09:24:06 Registered capital of 500,000 yuan. Are the shareholders onl...<br>297/384 <font color=red></font> 09-03 09:23:57-09-03 09:24:06 The ratio is six to four.<br>298/384 <font color=red>bg</font> 09-03 09:24:39-09-03 09:24:52 That is to say,<br>299/384 <font color=red>bg</font> 09-03 09:24:07-09-03 09:24:19 While the Zhou family is also involved in contracting for sc...<br>300/384 <font color=red>hp</font> 09-03 09:24:01-09-03 09:24:15 I also got another card.<br>301/384 <font color=red></font> 09-03 09:25:19-09-03 09:25:33 The author may be in the same business as the contracting co...<br>302/384 <font color=red>de</font> 09-03 09:24:04-09-03 09:24:19 This is quite sensitive.<br>303/384 <font color=red></font> 09-03 09:24:08-09-03 09:24:19 These two companies operate independently and have independe...<br>304/384 <font color=red></font> 09-03 09:24:11-09-03 09:24:20 Is it still a two-sided card?<br>305/384 <font color=red>n</font> 09-03 09:24:12-09-03 09:24:19 How are the assets and equipment of two companies allocated ...<br>306/384 <font color=red>xss</font> 09-03 09:24:15-09-03 09:24:20 We still don't know.<br>307/384 <font color=red></font> 09-03 09:24:16-09-03 09:24:30 The current situation of Wahaha,<br>308/384 <font color=red>bg</font> 09-03 09:24:22-09-03 09:24:34 This is also because of what Lao Zong did back then.<br>309/384 <font color=red>hp</font> 09-03 09:24:20-09-03 09:24:34 More strangely,<br>310/384 <font color=red></font> 09-03 09:24:24-09-03 09:24:34 In 2001, these companies were also the same.<br>311/384 <font color=red>de</font> 09-03 09:24:28-09-03 09:24:38 The one that was canceled by Zhou also got cancelled.<br>312/384 <font color=red></font> 09-03 09:24:56-09-03 09:25:06 And the bigger scheme,<br>313/384 <font color=red>n</font> 09-03 09:24:27-09-03 09:24:34 Had been laying the groundwork for two thousand years.<br>314/384 <font color=red></font> 09-03 09:24:33-09-03 09:24:52 The two companies mentioned in the previous two paragraphs w...<br>315/384 <font color=red></font> 09-03 09:24:35-09-03 09:24:52 A company called Changzhou Xingyu Car Lights Co., Ltd.<br>316/384 <font color=red>xss</font> 09-03 09:24:31-09-03 09:24:38 Registration and establishment,<br>317/384 <font color=red>hp</font> 09-03 09:24:46-09-03 09:24:53 The name is very similar to that of Starry Car, and the prod...<br>318/384 <font color=red>aaa</font> 09-03 09:24:38-09-03 09:24:52 Almost identical,<br>319/384 <font color=red></font> 09-03 09:24:42-09-03 09:24:52 All called Starry Lights.<br>320/384 <font color=red>n</font> 09-03 09:24:44-09-03 09:24:53 To make it easier to distinguish,<br>321/384 <font color=red>xss</font> 09-03 09:24:49-09-03 09:25:00 New Yueshi Limited, a newly established company.<br>322/384 <font color=red>n</font> 09-03 09:25:43-09-03 09:25:47 I am called New Star.<br>323/384 <font color=red>bg</font> 09-03 09:24:55-09-03 09:25:06 The Starry Car Factory, which was later closed down,<br>324/384 <font color=red>aaa</font> 09-03 09:24:57-09-03 09:25:06 I am called Lao Xingyu.<br>325/384 <font color=red></font> 09-03 09:25:02-09-03 09:25:15 It can be concluded that the registration of Xingyu in May 2...<br>326/384 <font color=red></font> 09-03 09:25:00-09-03 09:25:07 November 2001,<br>327/384 <font color=red>n</font> 09-03 09:25:04-09-03 09:25:07 The existence of Old Xingyu is inevitably linked to the univ...<br>328/384 <font color=red>aaa</font> 09-03 09:25:12-09-03 09:25:19 Because they not only existed in a parallel and overlapping ...<br>329/384 <font color=red>xss</font> 09-03 09:25:07-09-03 09:25:19 Shareholder list is identical.<br>330/384 <font color=red>de</font> 09-03 09:26:01-09-03 09:26:16 The core keywords of the company name are also highly simila...<br>331/384 <font color=red>bg</font> 09-03 09:25:08-09-03 09:25:19 All called Starry Lights,<br>332/384 <font color=red></font> 09-03 09:25:10-09-03 09:25:19 The situation of the company is different.<br>333/384 <font color=red>bg</font> 09-03 09:26:02-09-03 09:26:16 One is a joint-stock enterprise.<br>334/384 <font color=red>de</font> 09-03 09:25:15-09-03 09:25:22 One is a limited liability company.<br>335/384 <font color=red>n</font> 09-03 09:25:16-09-03 09:25:22 Obviously,<br>336/384 <font color=red></font> 09-03 09:25:20-09-03 09:25:33 The registration of New Star Language was intended to raise ...<br>337/384 <font color=red>hp</font> 09-03 09:25:22-09-03 09:25:33 To take over the assets of Old Xin,<br>338/384 <font color=red>aaa</font> 09-03 09:25:27-09-03 09:25:33 At the same time, he also had to take over the assets of thi...<br>339/384 <font color=red>bg</font> 09-03 09:25:23-09-03 09:25:33 Why didn't the Zhou family directly restructure their enterp...<br>340/384 <font color=red>hp</font> 09-03 09:26:37-09-03 09:26:40 And to choose a route that allows you to unsubscribe from ol...<br>341/384 <font color=red></font> 09-03 09:25:26-09-03 09:25:33 Re-registering a new, complex and winding road.<br>342/384 <font color=red>xss</font> 09-03 09:25:30-09-03 09:25:33 This is what Lao Pan has been puzzled about.<br>343/384 <font color=red>n</font> 09-03 09:25:31-09-03 09:25:33 Due to the same modification,<br>344/384 <font color=red>bg</font> 09-03 09:25:37-09-03 09:25:47 The listed company on the new board, Shinde New Material, is...<br>345/384 <font color=red>de</font> 09-03 09:25:33-09-03 09:25:47 The cooperating company is changed to a limited liability co...<br>346/384 <font color=red></font> 09-03 09:25:38-09-03 09:25:47 Convert to a joint-stock company.<br>347/384 <font color=red>hp</font> 09-03 09:25:34-09-03 09:25:47 Then the path to listing is completely fine.<br>348/384 <font color=red></font> 09-03 09:25:40-09-03 09:25:47 Can be understood.<br>349/384 <font color=red>aaa</font> 09-03 09:25:42-09-03 09:25:47 Of course,<br>350/384 <font color=red></font> 09-03 09:25:45-09-03 09:26:01 The policies may vary depending on the province.<br>351/384 <font color=red>n</font> 09-03 09:25:52-09-03 09:26:01 I don't know if Jiangsu Province was not allowed to do this ...<br>352/384 <font color=red>xss</font> 09-03 09:25:47-09-03 09:26:01 Are there any other considerations for the Zhou family?<br>353/384 <font color=red>bg</font> 09-03 09:25:48-09-03 09:26:01 November 2001,<br>354/384 <font color=red>hp</font> 09-03 09:28:27-09-03 09:28:31 The new share issuance and the fourth round of capital incre...<br>355/384 <font color=red></font> 09-03 09:25:54-09-03 09:26:01 This round of investment involved the assets of two companie...<br>356/384 <font color=red></font> 09-03 09:25:51-09-03 09:26:01 Among them,<br>357/384 <font color=red>hp</font> 09-03 09:25:55-09-03 09:26:01 Old Xingyu's net worth is 359,000 yuan.<br>358/384 <font color=red>aaa</font> 09-03 09:25:58-09-03 09:26:01 The evaluation value is 352 ten thousand.<br>359/384 <font color=red>n</font> 09-03 09:26:06-09-03 09:26:16 The net assets of New Instrument Parts Co., Ltd. are 1,077,2...<br>360/384 <font color=red></font> 09-03 09:26:04-09-03 09:26:16 The evaluation value is 1,032.42 ten thousand yuan.<br>361/384 <font color=red>hp</font> 09-03 09:26:05-09-03 09:26:16 The two old companies should be injected into the emerging d...<br>362/384 <font color=red></font> 09-03 09:26:09-09-03 09:26:16 The new company, "Old Xingyu 352 New Parts," was injected wi...<br>363/384 <font color=red>bg</font> 09-03 09:26:56-09-03 09:27:08 This further raises another question for me.<br>364/384 <font color=red>xss</font> 09-03 09:29:37-09-03 09:29:52 It is a school-run enterprise established in 1993 and increa...<br>365/384 <font color=red>aaa</font> 09-03 09:26:12-09-03 09:26:16 When Old Xingyu entered the emerging space industry in 2001,<br>366/384 <font color=red></font> 09-03 09:26:13-09-03 09:26:28 Net assets of only 520,000<br>367/384 <font color=red>bg</font> 09-03 09:26:17-09-03 09:26:28 And it was only established in February 1996.<br>368/384 <font color=red>n</font> 09-03 09:26:19-09-03 09:26:28 A new parts company with a registered capital of only 50,000...<br>369/384 <font color=red>hp</font> 09-03 09:26:25-09-03 09:26:28 In 2001, he sat down with a net worth of one million three h...<br>370/384 <font color=red></font> 09-03 09:26:23-09-03 09:26:28 The net asset size is almost three times that of Lao Xin Yu.<br>371/384 <font color=red></font> 09-03 09:26:20-09-03 09:26:28 Old Star's net profit increased by six times compared to las...<br>372/384 <font color=red>aaa</font> 09-03 09:26:28-09-03 09:26:40 And the new instrument parts company has increased its added...<br>373/384 <font color=red>de</font> 09-03 09:26:27-09-03 09:26:40 Due to the lack of more financial data,<br>374/384 <font color=red>n</font> 09-03 09:26:31-09-03 09:26:40 I cannot make further comments.<br>375/384 <font color=red>bg</font> 09-03 09:26:29-09-03 09:26:40 In conclusion,<br>376/384 <font color=red></font> 09-03 09:26:39-09-03 09:26:55 The dissolution of Lao Xingyu and Xin Yi components company ...<br>377/384 <font color=red></font> 09-03 09:26:33-09-03 09:26:40 Clear ownership,<br>378/384 <font color=red></font> 09-03 09:26:36-09-03 09:26:40 Clear ownership,<br>379/384 <font color=red>xss</font> 09-03 09:26:40-09-03 09:26:55 Without carrying any historical baggage,<br>380/384 <font color=red>bg</font> 09-03 09:26:41-09-03 09:26:55 Truly on the path of rapid development.<br>381/384 <font color=red>n</font> 09-03 09:26:44-09-03 09:26:55 In 2007, Xingyu shares went public for the first time after ...<br>382/384 <font color=red>aaa</font> 09-03 09:26:47-09-03 09:26:55 Successfully listed in 2001.<br>383/384 <font color=red></font> 09-03 09:27:26-09-03 09:27:34 Become the first Chinese auto lighting company to go public.<br>384/384 <font color=red></font> 09-03 09:26:48-09-03 09:26:55 Zhou Xiaoping, also known as the "Queen of Chinese Car Drivi...<br>