I feel that no matter what I do, I must have a peaceful mind. Material wealth is just an additional product that comes with entrepreneurship. The real sense of accomplishment lies in your actions to realize your ideal, so the real wealth lies in people's spiritual life.
Stone: You can make money when you put it into production.
1988, Shi, who graduated from Chinese Academy of Sciences for two years, was qualified to study abroad in public schools. He was full of expectations for studying in the United States, and began to learn American culture and geography, imitating American accent. As a result, there was nowhere to go to America. He was sent to the University of New South Wales in Australia. He didn't know where Australia was at that time. Later, when I was studying in Australia, I also worked in McDonald's restaurant.
In April 2000, Shi, who had been studying solar energy in Australia, decided to return to China to start a business. He brought back hundreds of thousands of dollars and visited entrepreneurs and government officials in many cities from south to north, but he didn't get a positive response. They were all considered promising, but he turned them down half a minute early. At the last stop (inspirational film), Shi, who was tired and covered up his loss, went to Wuxi and gave a three-hour report on the solar energy industry. A deputy director of wuxi new district Management Committee said excitedly, We just want scientists like you to be the boss. If you want to work, you must be the general manager.
After reaching the cooperation intention, eight local units in Jiangsu jointly contributed 6 million US dollars, and Stone contributed 654.38 US dollars+600,000 technology. At the same time, in order to bind interests and risks, Shi also invested 400 thousand dollars in cash. Wuxi Suntech was founded.
According to the budget, Suntech initially designed a capacity of 3 MW, but by optimizing Zheng Rong, the designed capacity exceeded 65,438+00 MW. There is no need to ask shareholders for a penny, and the production capacity has more than tripled. In order to save money, Shi also bought high-quality second-hand equipment from the United States and built a production line. However, the four founding team members that Shi brought back from Australia all left him within one year. The bigger difficulty lies ahead. At the beginning of 2002, Wuxi Suntech began to face financial pressure and it was difficult to obtain loans from banks. In response to the crisis, the company didn't even pay employees for two months. Fortunately, after the state-owned shareholders and local governments came forward to guarantee, Suntech finally got a loan from the bank.
In the second half of 2002, Suntech won all the orders in 2003 in advance with the advantages of high product quality conversion rate and 5% lower price than the same industry through frequent participation in various industry exhibitions. At this time, the company has not been put into production, and Shi, who is familiar with the industry, foresaw the outbreak of the market in the next two years and made a bold decision: to increase the production line. This risky decision also symbolizes that Shi has really changed from a scientist to an entrepreneur, and he has found the feeling of being a general manager.
In September 2003, Wuxi Suntech was officially put into production, and began to make profits that month. As expected, the solar energy market is developing rapidly. Thanks to the advance layout, Wuxi Suntech's sales in 2004 reached 800 million yuan. In 2005, after solving the equity dispute, Suntech successfully went public, and its six-year history of starting a business really realized its great wealth value.