Phoenix TV's "Current Affairs": "Trinity" Invests in Europe to Show Confidence and Ability (Text Version)

Ren Ren: Since the financial crisis, the word confidence has become a hot word in the media, and Premier Wen Jiabao also repeatedly emphasized confidence during his trip to Europe.

Li Wei: Let me give you a specific example: Premier Wen Jiabao got up one morning during his visit to Europe, and immediately after he got up, he asked his security guards, security officers, how is the stock market today? The security officer told him that the market was closed on the weekend. So that is to say, he is talking about this process, that is, I am abroad, although I am abroad, but still the domestic stock market.

Then it seems to be a stock market as a whole, but my personal interpretation, I think Premier Wen is particularly concerned about one stock. What stocks? I'm not advertising, I really care about a stock called "Sany Heavy Industry". Why do I think he cares about Sany Heavy Industry? As you know, on January 29, Premier Wen Jiabao and the German Chancellor witnessed the signing of six cooperation agreements between Chinese and German entrepreneurs, of which only one is Chinese investment in Germany, and this investment enterprise is called Sany Heavy Industry.

When it comes to Sany Heavy Industry, you must not think that it is a Japanese company, what Sany, Sanda, Sanben, no, it is a real Chinese private enterprise. Private enterpriseOf course, it is a listed company, and it is a listed company in Hunan. So it is particularly interesting to talk about this company, saying that it is made of this construction machinery, including mining, including highway construction, including construction. Then I want to tell you about the importance of this construction machinery, because I myself worked as a mason when I was in the countryside.

Do you know how the masons were going to hand things up if they were going to build a building? It's mud, cement, concrete, how do you hand it to the roof? There are two aspects, one is as simple as taking a pulley and going up a bucket to the top, so what do you want to cover? If you can't pull it up, then what do you have to rely on, then rely on a rolling machine, make a flat plate, put this reconciled mud, push it up with a small cart, and pull it upstairs with this rolling machine, which is the practice in the past.

Ren Ren: Quite a primitive approach.

Li Wei: Quite primitive. At that time, I was in the mid-80s, and I also brought this German technology, and at that time I assisted in introducing German technology to Hunan, especially coincidentally, Hunan Xiangtan, two enterprises in this Xiangtan area, what is it? One is a tower crane, it is also a construction machinery, and what is the other? beroad roller, and the other is a grader, both of which are imported from Germany.

But now it's reversed, do you see it, why is Premier Wen Jiabao confident? A private listed company in China, Hunan, actually went to Germany to invest, how much did it cost? Invest 100 million euros, everyone knows that 100 million euros is 1 billion yuan, this is a big project. And it can solve the employment of about 600 to 1,000 local people.

Then I thought, when we went to Hunan, when we introduced technology, it was very interesting. When we went, it was still a state-owned enterprise, and these enterprises were state-owned. What about the introduction? *5656 countries have no money, the second is that the other party's technology is still stuck, you know the process of technology introduction, the general European and American countries have to be like this, you can buy my technology, you can buy my license, but you have to buy how many ready-made products from me, otherwise, your technology is introduced, in the future you produce, who will sell my equipment to?

At that time, it was also very difficult to talk about, but no matter what, it was better to bring in the technology. But you know what? After the introduction of technology, I often went on business trips to Hunan and Germany because of this matter. Later, what was another technology that was introduced to us at that time? A German company called Wirtgen, what does this Wirtgen produce? It's also a road machine, just an excavator, and I got to know this boss because of the introduction of this technology.

This boss was only a few years older than me, very young, and I was wearing a suit made by our domestic Hongdu Garment Factory in Beijing. But this boss thinks, young man, you are good, I will give you a suit, we are about the same height. He gave me a suit, and I was very impressed, but I didn't dare to accept it at the time, because it was a violation of foreign affairs discipline, how can you accept gifts and things from foreigners. Later, I thought of a way, people gave it to me, I can't say no, I thought about it for a long time, I said so, you may be higher, I may be simpler, let's change, we will change the suit.

Then it's a pity that this boss, I heard that he passed away a few years ago, and now his son has taken over, but he is also doing this road machinery, he is digging the road, and then he can repair it, he is an excavator. Of course, I don't know if it has a cooperative relationship with this Sany Heavy Industry, I don't know about this, but I started to get in touch with this more than 20 years ago.

At that time, I knew that the world's better, most construction machinery is in Europe and the United States, not in China. And this Sany Heavy Industry company is particularly interesting, it has not been a state-owned enterprise for many years, it is a completely private enterprise, and he is strictly speaking a township enterprise. Then in the township enterprises, there are so many cadres of state-owned enterprises who go to the sea to resign and come here to take down an iron welding factory in the township and a very small iron welding factory, and then they begin to develop the construction enterprises step by step.

Now in 2008, it was just 17 years, and you must pay attention to the fact that it was just 17 years, if you compare it with the United States (English) of the world's *5655, it was a *5655 construction engineering company, how many years has he been? He was established in 1925, which is more than 80 years, but when our company is only 17 years old, what is the speed of development in 17 years? So sometimes I meet some private entrepreneurs, I admire very much, 17 years, his turnover last year reached more than 20 billion yuan. And what is their turnover target in three years? 100 billion yuan, this is incredible.

So I think this is, I remember General Secretary Hu, General Secretary Hu Jintao had a speech, which was to sum up the 30 years of reform and opening up. That is to say, we are from the introduction to the going out, you know that in the process of a country's development, if you are still at a low level, you often have to introduce technology, capital, and talent. So now this company, this private enterprise in Hunan, although it is a listed company, it has gone to another step, it has exceeded the average level in China. Why is it above the Chinese average? We must never forget that despite China's great strength and the third largest economic entity, the Chinese are still relatively weak in terms of greed, so China is still a developing country.

So why was it ahead of its time? It has come to the kind of model of enterprises in developed countries, which has gone out of capital import, and then it has been a knowledge-based organization of production. Do you know what knowledge-based means? In general, the fuel processing technology in Guangdong is people's, and the product is also people's. We only do a processing fee, saying that this kind of enterprise is very risky, saying that it is closed and it is closed, and you have mastered a technology.

I'll talk about a shoe factory in the United States, I'll take it as an example, this shoe factory has more than 8,000 people, and it's a well-known shoe factory in the world, but he doesn't have a factory manufacturer in the United States, he just does design, and then does sample identification, and then the production line is produced in developing countries, including in China, and he sends someone to identify it, or a developing country designs a look, and he goes to him for recognition, recognizes your production, and then he distributes it.

So we think that Sany Heavy Industry is now also moving towards this road, it goes abroad, what is he going to do when he goes abroad? He wants to do the best resource allocation. *Optimize the allocation of resources,* After going abroad, your vision can go to the world. Because we used to say that if we are in China and look at the world, then this is different from each historical stage. So, before the reform and opening up, when I was in China, I looked at the world and thought that two-thirds of the people were still suffering, and we had the obligation to rescue them, but now that I think about it, it doesn't seem to be the case, it's not such a big responsibility.

So in the second stage, when you are in the early stage of reform and opening up, you are in China and look at the world? It is because we are saying that the development of China's economy is inseparable from the world, whether it is the introduction of technology or the export of products, it is inseparable from the world. But where has Trinity come today? It has come to the point where it is global, re-optimizing the allocation of resources, which is a very high point, and this is a big step forward from our traditional thinking.