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In the spring of 2000, Christie's Hong Kong was crowded with people and the atmosphere was tense. A 140-year-old treasure of the Old Summer Palace, a bronze statue of a monkey's head, is waiting for the favor of its new owner on stage.
Suddenly, an unknown bidder caught the attention of the audience. With a determined gaze and a focused expression, he raised his card 25 times in a row in just two minutes, and overwhelmingly bagged this national treasure.
The shock has not subsided, and this mysterious man won the tiger head and the bull head at a sky-high price of 14 million and 7 million. The audience was in an uproar, whispering one after another. Who is so wealthy? Why are you so obsessed with these artifacts? It wasn't until many years later that the mystery was revealed - China Poly Group.
In 1984, the wave of China's reform and opening up was sweeping across the country. With the continuous upgrading of military equipment, how to deal with a large number of old equipment has become a thorny problem.
In this context, Poly Technology Co., Ltd. came into being. "Poly, Poly, Defend Victory" - this name full of positive energy not only highlights the mission of the enterprise, but also places the country's expectations on it.
Poly Group's first big order amazed the industry. In July 1984, they signed a contract with the U.S. military for a total amount of up to 1. $500 million contract for a one-time purchase of 24 S-70 Black Hawk helicopters and supporting equipment.
This decision not only solved the problem of material transportation in Tibet at that time, but also made Poly Group stand out in the international military industry. They have proved with their strength that Chinese companies are fully capable of taking a place in the global military market.
With the changes of the times, Poly Group is keenly aware of the new opportunities for China's economic development. In 1992, they made a bold decision to enter the real estate industry.
In a simple office of only more than 20 square meters on Shahe Road in Guangzhou, seven retired soldiers formed an entrepreneurial team and established the "Guangzhou Poly Real Estate Development Company".
Despite a difficult start, the team quickly gained a foothold in the competitive real estate market thanks to the tenacity and courage characteristic of military personnel.
In 1995, Poly Group ushered in the first milestone of their real estate business. They successfully built the first high-end residential project in Zhuhai District, Guangzhou, "Red Cotton Garden".
This project not only demonstrates the development strength of Poly Group, but also establishes their position in the real estate industry. Since then, Poly Group's development in the real estate market has entered the fast lane.
However, Poly Group's ambitions don't stop there. In 1998, they once again showed their forward-looking vision and established the Poly Art Museum, officially entering the cultural and art industry.
This decision not only enriched the group's business territory, but also laid the groundwork for the subsequent repurchase of cultural relics.
From military trade to real estate development to culture and art, Poly Group's development trajectory reflects the changes in China's economic structure since the reform and opening up.
Their success not only stems from their keen insight into the market, but also reflects the positive response of an excellent enterprise to the country's development needs.
Poly Group's cross-border journey has not been easy. They have faced technical barriers, experienced market volatility, and encountered challenges from competitors. However, it is precisely these difficulties that sharpen the will of the enterprise and forge the ability of Poly Group to adapt to diversified operation.
Every crossover is a self-innovation; Every attempt is a testament to courage.
Today, Poly Group has developed into a diversified enterprise integrating international trade, real estate development, culture and art, and technological innovation. Their success story is not only a model of enterprise development, but also a microcosm of China's economic take-off.
Poly Group has interpreted the true meaning of "advancing with the times" with practical actions, and demonstrated the innovative spirit and enterprising courage of Chinese enterprises in the new era.
In 1992, China's real estate market was in the ascendant, with both opportunities and challenges. In a simple office of only more than 20 square meters on Shahe Road in Guangzhou, seven retired soldiers embarked on the road of real estate entrepreneurship with dreams.
They are the pioneers of Poly Group's real estate business, facing a new battlefield.
At the beginning of the business, the challenges faced by the team were enormous. They know little about the real estate industry, lack expertise, and are not well funded. However, the tenacity and perseverance characteristic of soldiers have become their most valuable assets.
They run projects during the day and learn professional knowledge at night, racing against time to learn from industry experience.
The road to entrepreneurship has not been easy. Some people see their lack of experience and try to take advantage of their innocence. At one point, they were almost defrauded of a large sum of money.
This experience was a wake-up call for the team, who realized the complexity of the market and began to approach each transaction with greater caution.
However, difficulties did not knock down this group of military entrepreneurs. With the discipline and execution characteristic of soldiers, they quickly gained a firm foothold in the highly competitive market.
In 1995, Poly Group ushered in a turning point. The "Red Cotton Plantation" project they developed became the first high-end residential property in Zhuhai District, Guangzhou.
In the face of the market's doubts, they ingeniously used the slogan "This is a house built by the army" as a propaganda slogan. The image of a military man represents reliability and trust, and this strategy immediately won the hearts of consumers.
What's even more surprising is that they even showed a real tank in the sales center, a unique way of marketing that caused a stir and attracted a large number of customers.
The success of the "Red Cotton Plantation" has not only won market recognition for Poly Group, but also strengthened their determination to deepen their cultivation in the real estate field. Since then, Poly Group has entered a rapid development track in the real estate market and has gradually become a leader in the industry.
This group of military entrepreneurs has proved with practical actions that as long as there is firm belief and unremitting efforts, they can create brilliance even from scratch. They have brought the fine style of soldiers into enterprise management, and have won the trust of the market with a rigorous attitude and excellent quality.
From the initial difficulties to the later prosperity, the development of Poly Group's real estate business is a microcosm of the struggle of countless entrepreneurs in the tide of China's reform and opening up.
It not only shows the courage and wisdom of military entrepreneurs, but also embodies the enterprise spirit of Poly Group's continuous progress and innovation. This experience also laid a solid foundation for the diversified development of Poly Group in the future, and became a significant stroke in the company's development history.
In April 2000, there was tension at Christie's Hong Kong. An event called the "Spring Yuanmingyuan Court Art Auction" is underway, the most notable of which are several bronze statues of animal heads in the Old Summer Palace that have been lost overseas for many years.
These precious cultural relics are not only national treasures, but also witnesses of the history of the Chinese nation. Their appearance at auction has sparked widespread attention and discussion.
When it learned that these lost artifacts were about to be auctioned, Poly Group did not hesitate to come forward. They know that this is not only an ordinary auction, but also an important opportunity to save national treasures and promote national culture.
Representatives of Poly Group came to the auction with a sense of mission, their expressions were serious and their eyes were determined, and they were ready to do their best to recover these precious cultural relics.
After the auction began, the representatives of Poly Group showed amazing determination and strength. When the bronze statue of the monkey's head appeared, they raised their cards 25 times in a row and took it at a high price.
Immediately afterwards, they auctioned the tiger head and the cow head at sky-high prices of 14 million and 7 million. The move caused an uproar at the auction scene, with many people intriguing about the mystery buyer's identity and motivations.
This move by Poly Group goes far beyond ordinary business practices. It embodies a large state-owned enterprise's cherishing of national culture and its commitment to historical responsibility.
This cultural relics repurchase not only saved the precious cultural relics, but also aroused the attention of all walks of life to the protection of cultural relics. Many entrepreneurs and collectors have been encouraged to join the process of buying back artifacts.
Poly Museum became famous as a result of this operation and gradually became an important position for the inheritance of Chinese culture. It not only collects and displays these precious cultural relics, but also popularizes the importance of cultural relics protection to the public through various means, and plays an important role in cultural inheritance.
This cultural relics buyback action demonstrates Poly Group's sense of social responsibility and cultural mission. It proves that an excellent enterprise should not only pursue economic benefits, but also shoulder the heavy responsibility of inheriting national culture.
Poly Group has interpreted the profound meaning of "corporate citizenship" with practical actions and set an example for Chinese enterprises.
From military trade to real estate development to cultural relics protection, Poly Group's development trajectory has always been closely linked to national interests. This cultural relics repurchase action is a perfect combination of enterprise development and national cultural inheritance, showing the responsibility and responsibility of a large state-owned enterprise.
It not only enhances the social image of Poly Group, but also injects profound cultural heritage into the long-term development of the enterprise.
With the continuous expansion of Poly Group's business territory, a new challenge has quietly emerged. Some projects with weak profitability within the company began to drag down the overall development and affect the long-term layout of the company.
In the face of this difficult situation, Poly Group has demonstrated excellent strategic vision and decisive decision-making.
After in-depth market analysis and internal discussions, Poly Group made an important decision: to make a strategic adjustment and focus on its core business. The decision-making process was not without its challenges, and there were heated debates within the company.
Some worry that giving up part of the business will affect the size of the company, while others insist that it should be "slimmed down". In the end, after weighing the pros and cons, Poly Group decisively chose the latter.
They resolutely abandoned some non-core projects and concentrated their limited resources on three core areas: import and export trade, real estate development, and cultural and artistic industries.
These three areas are not only the traditional advantages of Poly Group, but also the direction with the most development potential.
The initial pain of this radical reform did come with some pain, but soon the positive effects began to appear. By focusing on development, Poly Group has made significant progress in all core businesses.
The concentration of resources has made it possible to get more input in each area, thus achieving a qualitative leap.
In 2023, Poly Group delivered an impressive report card: it achieved a total operating income of 489.3 billion yuan, ranking 60th among the top 500 Chinese enterprises.
This impressive performance not only proves the correctness of the strategic adjustment, but also demonstrates the strong competitiveness of Poly Group in the new era.
Poly Group's successful transformation has taught us a vivid lesson in business management. It tells us that the development of enterprises can not be greedy for more, but to do something and not to do something.
Only by identifying their own advantages and focusing on their core business can they be invincible in the fierce market competition.
This strategic adjustment not only optimizes the business structure of Poly Group, but also forges the company's ability to quickly respond to market changes. It has laid a solid foundation for the sustainable development of Poly Group in the future, and also provided valuable experience for the transformation and upgrading of other large enterprises.
Looking back on the development history of Poly Group, it is not difficult for us to find a vivid example of how an enterprise can resonate with the development of the country. From the initial start of military trade, to the later real estate development, to the protection of cultural relics, every step of Poly Group is closely in line with the pulse of national development.
As a national enterprise, Poly Group has not only created huge economic value, but also made important contributions in many fields. In terms of national defense construction, their military trade business has provided strong support for the modernization of the mainland's armed forces.
In the process of urbanization, Poly Group's real estate projects have helped to improve the quality of people's lives. In the field of cultural inheritance, their cultural relics buyback action demonstrates the responsibility of large enterprises.
The success story of Poly Group tells us that an excellent enterprise should closely integrate its own development with national interests. They not only pursue economic benefits, but also pay more attention to the creation of social value, and achieve a win-win situation between enterprise development and social progress.
Looking to the future, we have reason to believe that outstanding companies like Poly Group will continue to play an important role in the journey of the new era. With more innovative thinking and more pragmatic actions, they will make greater contributions to China's economic and social development and promote the mainland to create more brilliance in the new era.
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