Category: Money tips Release Date: 2007-07-03
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With today's debut Hurun List, Forbes Rich List, etc. will follow.
The Nine Dragons Paper (2689.HK) chairman, "Paper King" Zhang Yin destined to become the richest kinds, one of the biggest dark horse figures. Moreover, the Rich List where the rare status of women will be attracted more attention for her.
Nine Dragons Paper in accordance with yesterday's closing price of 9.02 Hong Kong dollars, holding 74.7% of the market value of assets under the name of Zhang Yin couples have more than 26 billion Hong Kong dollars, which is not included in her paper recycling in the United States and related assets such as transport operations . And Wong Kwong Yu, Shi and other "old faces" in accordance with its shareholding percentage of the market value of listed companies, calculated by the "assets", but equivalent to more than 100 billion yuan, far lagged behind Cheung Yan.
And last year's smoke Zhengrong Shi, Suntech is similar to the President, Zhang Yin is an invisible industry, "Champion" --- unknown, she's the Nine Dragons Paper is the largest box board base paper products manufacturer.
This year, landed in Hong Kong Stock Exchange main board in March, the Nine Dragons Paper subscription once caused the Hong Kong market boom, many of whom Henderson Land Chairman Lee Shau Kee, New World Chairman Cheng Yu-tung, and Kerry heavyweight Chairman Robert Kuok Hock Nien and other Hong Kong tycoons. In that time, Hoogewerf been based on speculation, Zhang Yin, "is very likely to become the first aspirations to China's richest woman."
Even Hoogewerf had not expected was that, to 3.4 Hong Kong dollars / share price of Nine Dragons Paper on sale after the listing of stock prices. And its release in late September of the first annual report after listing --- "Company achieved a net profit of 1,375 billion, an increase of 352.6%", once again pushing up stock prices, and shot up to over 9 Hong Kong dollars, the company created a cumulative price increase after the listing of more than 2.6 times the glorious, while Zhang Yin's net worth has also come rapidly.
In fact, Zhang Yin is not high profile in China more than a year ago, Forbes China rich list in 2005, Zhang Yin is also only 1.5 billion in assets, ranked No. 107 in the humble. Zhang Yin, I rarely appeared in public, journalists have tried to contact the Nine Dragons Paper interviews, but has not received a response.
It is understood that Zhang Yin was born in 1957, a cadre family, but as the eldest sister of seven brothers and sisters, Zhang Yin honed from an early age out of the tenacious personality. In 1985, carries 30,000 yuan, Zhang Yin started career in Hong Kong, her reproduction of paper recycling business, and never started, but in the past, she had a paper mill work in the Mainland. During the time in Hong Kong, Zhang Yin dug into his own pot of gold.
In 1990, Zhang Yin migrated to the world's most developed of the U.S. paper industry, Liu and her husband co-founded the United States in the South holding company, primarily engaged in waste paper recycling business, said Zhang Yan in the past, to the United States reason is that the supply has far can not meet the market demand. Zhang Yin learned from the master of "paper is the forest" under the guidance of this idea, Zhang Yin's business out of control.
American Forest & Paper Association's report shows that the U.S. consumes 47 million tons of paper each year, of which 75% for recycling, but in recent years, the sustained rapid export of recovered paper increases, China is becoming a major movement of waste paper, Zhang Yin was without doubt is the most important buyers. It is reported that South Africa Holdings in 2001 became the largest exporter of waste paper in 2002, jumped for the United States is the largest amount of container export company.
Zhang Yin and the acquisition of waste paper in the United States, then continuously sent to the factories in mainland China, she was re-processed to produce high-quality cattle cardboard, which are waste paper "recycling" Zhang Yin has become a source of benefit. As the business expands, Zhang Yin is currently in Guangdong, Dongguan and Taicang, Jiangsu Province has established production bases. Along with the listing of this year, Nine Dragons Paper funding expansion, outside of Zhang Yin's attention, higher and higher.
For the future, Zhang Yin is still ambitious, at a recent performance at the conference, Zhang Yin stressed: "In the coming year, our goal is to increase annual production from the current 3.3 million tons increased 62% to 5.35 million tons; to 2008 years, the company's production capacity reached 7.15 million tons, expected to become the world's largest packaging manufacturer. "