This is the list of senior management of the listed company Xusheng Group.
It seems not special, but it is actually very special. There are 13 executives in total, half of the high school and below.Two junior high schools, two high schools, and two technical secondary schools.
and the other half of the senior executives of college, half of them are just college graduates.
Dare not say that this is the highest -listed company executive team in A -share education, but it is not easy to find a listed company with the same configuration.
In the business world that always likes to decorate the facade with luxury education such as MBA and EMBA, this is definitely a clear stream.
And this company that is mainly junior and high school education is not a general labor -intensive industry, but a new energy vehicle parts with high technology content.
How high is the technical content, two examples are enough to prove.
In 2013, German and Japanese companies who were having to support his parts were too high. I hope to find a substitute in China,Xusheng Group was the first "name of the name".
A special small part, the production cycle of the German and Japanese giants is two months. After getting the sample, Xu Sheng Group promised to deliver 20 days after it was for 20 days. The result was only 16 days.Its done.
In 2016, Teslas selection of component suppliers developed a set of power system with it.Xu Sheng Group stretched out three fingers and stunned Musk directly.
The company is made by people, especially the founder, Xu Xudong, the creation of Xusheng Group, once made the German and Japanese giants all all all all the German-Japanese giants.The key figure of headache.
And him, just a junior high school student.
Xu Xudong was born in Cidong Village, Chunxiao Town, Ningbo. It was originally a good master. However, because the family was too poor, he could only drop out of school after studying in junior high school.
At that time, there were many mold factories in Beilun, Ningbo. Xu Xudong, 15, heard that the mold factory recruited the apprentices and went to the family.
The apprentice does not need to pay tuition, but does not pay the salary.Take it home to taste the mother and brother.
Xu Xudong can endure hardships. Others go to work at 8:30. He arrived in the factory at 7 oclock, so that he can touch the machine tool to practice his hands while no one.
Others have left work in the afternoon, and he will do it alone until eight or nine, and he is also to practice his hand.
Thats it. Other apprentices have not learned anything for a few years, but he went to a teacher in two years. In addition, he entered a mold factory.Essence
That was 1987. The salary of 90 yuan was high. In the current words, the 17 -year -old Xu Xudong was already a senior technician in the factory.
The technology is good and has a mind, and it is gradually fame.His monthly salary dug him over.
I encountered a key opportunity as soon as I arrived at the new factory. Tianjin Automatic Instrument Factory urgently need a set of plastic molds. I hope that it can be handed over for 20 days.
At first the owner of the mold factory did not dare to pick it up. In his opinion, Xu Xudong found the boss for 20 days, and he had to try anything.No.
Seeing that he is so determined, the boss will let him try it. As a result, it only took 17 days to pay for the quality and quantity. The customer was happy and added an order to the factory.As soon as the boss was happy, Xu Xudongs salary rose to 400 yuan a month.
No exaggeration to say that 400 yuan may be regarded as the highest salary in the industry at that time.
This is not over yet. The boss feels that he can only make him a senior work. He simply gave him the entire factory to him.Become the director of the factory.
After becoming a factory, he also completely changed his life trajectory.
The factory must not only be buried in technology. Talk about customers, to pull business, and to control the project.Its better to do it by yourself.
So, he resigned from the factory director and took an apprentice to stand on his own.
It takes capital to do anything, but Xu Xudong started nothing but the technology.
There is no money to do without money. Because the previous reputation is outside, it is not a problem to pull business.Assemble.
The first order received after Xu Xudongs self -standing portal is the motorcycle side plate mold, or it is subcontracted from other mold plants. This order is more than 6,000A dollar became Xu Xudongs first bucket of gold.
Then, Xu Xudongs component business began to run, but it was very slow. By 2002, the output value was just over 10 million, but among many component factories in Ningbo, Ningbos many component factoriesVery ordinary family.
However, those who are prepared can always wait for a good opportunity. In 2003, a rich businessman in Taiwan found Xu Xudong and was willing to invest in his larger company.
One has a technology and one with funds.Essence
The wealthy businessmen in Taiwan contributed 2.25 million US dollars, accounting for 75%of the shares, and Xu Xudong contributed $ 750,000, accounting for 25%of the shares.
The establishment of Ningbo Xusheng is very important. It has really changed the state of the previous small factory, and it has the booming development of Xusheng Group in the future.
Unexpectedly, the wealthy businessmen in Taiwan exited in 2007 and transferred all the equity to Xu Xudong.The market value is calculated, and the selling is at least billions.
After the wealthy Taiwanese businessman withdrew, Xu Xudong took 6 years to dry the business scale of Xusheng Group to 100 million, and then then againEncountered new historic opportunities.
As mentioned earlier, in 2013, Tesla, which has only 10,000 units worldwide, went to China to find supporting parts manufacturers.Big manufacturers are not interested in a car company that sells for thousands of years.
But Xu Xudong does not think that the other party is small, and also believes that new energy vehicles will inevitably become a future trend. Sure enough, this industry trend has been betted by a young boss of a junior high school education.
With the development of Tesla, Xusheng Group also strengthened together. When it was listed in 2017, Xusheng Groups revenue has exceeded 700 million, which is 7 in 2013, 7 million, which is 7 in 2013.Times.
By 2023, the revenue scale has soared to 4.8 billion, which is almost 7 times when IPO.
Tesla has always been the largest customer of Xusheng Group. In 2018, it reached a maximum of 60%.Essence
However, while Tesla achieved Xu Sheng Group, China New Energy Vehicle Components represented by Xusheng also made Tesla.
Why did Musk go to Shanghai to build a factory not far, because he understands that China has become the worlds most leading and complete new energy vehicle industry chain center.
Tesla produced in Shanghai, 95%of the components were produced in China. In 2023, Tesla China contributed 53%of Teslas global output.
And Chinas own new energy vehicles have stood on the top of the world. In the third quarter of 2023, 73%of global new energy vehicles were Chinese brands.
Behind this, Xu Xudongs contribution is inseparable.
