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In China's science and technology circles, there is a name that is like thunder - Wang Chuanfu. His story is like a legend of ups and downs, from a poor teenager in a remote mountain village in Anhui Province to the founder of BYD, the world's leading manufacturer of new energy vehicles and batteries.
This breathtaking journey of life begins with a heartbreaking turning point: at the age of 15, Wang Chuanfu became an orphan.
However, the haze of fate did not swallow this strong teenager. In the darkest moments, his sister-in-law stepped forward and resolutely sold her cherished dowry to support her brother-in-law to continue his education.
This selfless dedication has become a beacon to light up Wang Chuanfu's future.
From a student from Central South University, to a young cadre from the Beijing Institute of Nonferrous Metals, to the establishment of BYD from scratch, Wang Chuanfu's every step has been difficult and firm.
He used his own struggle to interpret the power of knowledge to change destiny, and also showed the vigorous vitality of China's manufacturing industry.
Today's Wang Chuanfu is not only a powerful entrepreneur, but also a grateful and successful person. He treated his sister-in-law as a princess and repaid his kindness with practical actions.
Wang Chuanfu's story is not only a model of personal struggle, but also a microcosm of China's technological rise, inspiring countless young people with dreams to move forward bravely.
Wang Chuanfu spent his childhood in a remote mountain village in Wuwei County, Anhui Province, to a poor family and simple farmers. However, the cruelty of fate soon befell the family.
When he was 13 years old, Wang Chuanfu lost his father; Just two years later, at the age of 15, he experienced the death of his mother and became an orphan. This successive blows were undoubtedly devastating for the young Wang Chuanfu.
Faced with sudden changes, Wang Chuanfu once wanted to give up his studies. However, his 18-year-old brother and sister-in-law were adamantly opposed to his idea. Especially her sister-in-law, she held Wang Chuanfu's hand, with tears in her eyes, and said in a firm tone: "You are the most promising child in our family, you just have to study with peace of mind and strive to be admitted to a good university."
Don't worry about tuition, even if you go to ask for food, I will find a way to provide for you to study. These words deeply touched Wang Chuanfu and rekindled his hope for the future.
In order to support Wang Chuanfu to continue his studies, his brother and sister-in-law made great sacrifices. Every school season, my sister-in-law will always hand over the tuition fees to Wang Chuanfu in advance. Those crumpled banknotes embody the hard work and thrift of my brother and sister-in-law.
They make a living by raising livestock and growing crops, and their income is meager, but they always insist on spending part of it to support Wang Chuanfu's studies.
Wang Chuanfu, who knows that he has a heavy responsibility on his shoulders, is studying harder. Even in the cold winter, he insisted on studying in shabby cotton pants. Until one day, the attentive sister-in-law found out about this situation and was distressed.
When Wang Chuanfu returned to school again, he was touched by the warm care of a new pair of cotton pants in his suitcase.
With unremitting efforts, Wang Chuanfu was admitted to Central South University with excellent results. However, high tuition fees have once again become a huge challenge. Faced with this dilemma, the sister-in-law resolutely sold her treasured gold earrings and silver bracelets, and the elder brother sold all the pigs in the family just to raise enough money to support his brother's college dream.
This selfless love and support has become the driving force for Wang Chuanfu to move forward. He knows that he is not only studying for himself, but also fighting for the future of the whole family.
The sacrifices and expectations of his brother and sister-in-law have become the most precious wealth on his life path, and have also deeply influenced his attitude and values in life in the future.
After entering Central South University, Wang Chuanfu knew that he was shouldering the expectations of his family. He devoted all his energy to his studies and sought to get a scholarship to ease the burden on his family.
His hard work paid off, and his excellent results enabled him to successfully enter the graduate school of Beijing Institute of Nonferrous Metals.
In his work, Wang Chuanfu keenly observed a huge market opportunity. At that time, Big Brother mobile phones were taking the country by storm, and the key component of it, nickel-chromium batteries, was expensive and all relied on imports from Japan.
Japan's intention to withdraw from the nickel-cadmium battery market undoubtedly leaves a huge gap in the Chinese market.
Wang Chuanfu put forward a proposal to the superior leaders to enter the battery market, but failed to attract enough attention. Faced with this rare opportunity, he fell into deep thought.
Do you want to continue to work securely, or do you want to take the risk of starting a business? This decision will change the course of his life.
After repeated weighing, Wang Chuanfu made a bold decision: quit his stable job and join the tide of entrepreneurship. This decision has puzzled many people, and even his brother and sister-in-law have expressed concern about it.
However, Wang Chuanfu firmly believes in his own judgment, he sees the huge potential of China's manufacturing industry, and also sees the opportunity to show his strength in this field.
With a vision for the future and an apology for his family, Wang Chuanfu embarked on the road of entrepreneurship. He borrowed 2.5 million yuan from his cousin, who was engaged in the real estate industry, and founded BYD Industrial Co., Ltd.
In the early days of the company, he led the workers to produce nickel-chromium batteries in a modest factory. Unable to purchase equipment due to financial constraints, he designed and built the production line himself.
Wang Chuanfu's entrepreneurial passion has infected everyone around him. He only sleeps 3-4 hours a day and eats very irregularly. The brother and sister-in-law who learned of this immediately rushed to the factory to help, fearing that the younger brother would collapse due to overwork.
Wang Chuanfu's perseverance and hard work are not only to realize his dreams, but also to repay his brother and sister-in-law's nurturing grace.
The difficult years in the early days of entrepreneurship laid a solid foundation for Wang Chuanfu's future success. His courage, vision and perseverance allowed him to gain a firm foothold in the fierce market competition, and also paved the way for BYD's future glory.
Wang Chuanfu's persistence and hard work soon paid off. The batteries produced by BYD quickly won the favor of the market with high quality and low price. First of all, the customer in Taiwan conducted a comprehensive cost-performance analysis of BYD batteries, and finally signed a cooperation agreement.
Immediately after a site visit by a customer from Singapore, he did not hesitate to sign an order worth millions of dollars. These successes gave Wang Chuanfu hope for the company's development.
However, the road to entrepreneurship is never easy. The Asian financial crisis in 1997 was like a thunderbolt from the blue, almost crushing Wang Chuanfu. The Singapore client's company declared bankruptcy, millions of dollars worth of orders went to naught, and the company was heavily indebted.
Wang Chuanfu, who heard the news, fainted on the spot and was rushed to the hospital.
In the hospital, Wang Chuanfu was full of guilt and self-blame. However, his sister-in-law gave him great encouragement again. She held Wang Chuanfu's hand and said, "There is hope for people to live.
Remember the days when we farmed together? I can't even eat enough when the harvest is bad, so aren't I coming here now? Life will inevitably encounter ups and downs, so why lose confidence because of a little setback? These words were like a shot in the arm that made Wang Chuanfu cheer up again.
After experiencing this crisis, Wang Chuanfu not only did not flinch, but saw new opportunities. He found that due to the impact of the financial crisis, battery market prices fell sharply, and Japan battery suppliers suffered heavy losses.
With its advantages of high quality and low price, BYD battery has won the favor of well-known companies such as Philips and Motorola, and has rapidly risen to become one of the world's leading battery suppliers.
After the success of the battery business, Wang Chuanfu set his sights on a broader world - automobile manufacturing. In 2003, he announced that he would spend 200 million yuan to acquire Xi'an North Qinchuan Machinery Co., Ltd., officially entering the automotive industry.
This decision caused an uproar in the industry, and many were skeptical about the entry of this "layman" into the automotive industry.
In the face of doubts, Wang Chuanfu still insisted on his judgment. He believes that with BYD's technological advantages in the field of batteries, it is fully capable of showing its strength in the automotive industry.
However, this decision also sparked controversy within the company. Some shareholders expressed puzzlement at Wang Chuanfu's bold decision, and even threatened to sell their shares.
In the face of pressure, Wang Chuanfu showed extraordinary courage and determination. He firmly believes in his choice and is determined to advance the automotive business. Although the company's market value evaporated by nearly HK$3 billion in just two days, Wang Chuanfu remained calm and devoted himself to automotive research and development.
This perseverance and courage laid the foundation for BYD's future success in the automotive industry.
Wang Chuanfu knows that in order to gain a foothold in the fierce market competition, we must rely on core technology. He led the team to concentrate on research and development, and finally developed a top battery product with up to 3,000 times of charge and discharge, successfully surpassing its Japan counterparts and occupying a leading position in the battery industry.
In 2006, BYD's first car came out and quickly caused a sensation in the domestic market. Those who once questioned Wang Chuanfu have to admit that this battery expert from a poor background has indeed realized his dream in the automotive industry.
Since then, BYD's product line has continued to expand, and it has successively launched innovative models such as the world's first plug-in hybrid vehicle and the world's first pure electric bus, demonstrating the company's ambition in the field of new energy vehicles.
In the face of ridicule from the outside world for China's lack of high-end automotive chips, Wang Chuanfu once again showed his innovative spirit. He led the team to independently develop China's first automotive chip technology, which won the respect and praise of the industry.
This breakthrough not only enhanced BYD's technological strength, but also made an important contribution to the development of China's automotive industry.
Wang Chuanfu's innovative spirit and persistent pursuit of technology are not only reflected in the products, but also in his work attitude. Even after becoming the president of the company, he still maintains the habit of visiting the production site to observe the work of employees.
He knows that only by maintaining a keen insight into technology can he be invincible in the fierce market competition.
BYD's success has caught the attention of investors around the world. In 2008, Warren Buffett, the "god of stocks", made a move and spent 2. US$500 million for a 10% stake in BYD.
This is not only a recognition of Wang Chuanfu's personal ability, but also a good prospect for BYD's future development. Warren Buffett's investment has brought huge development opportunities to BYD and enhanced the company's influence in the international market.
Under the leadership of Wang Chuanfu, BYD has made remarkable achievements in the field of new energy vehicles. The company has ranked first in the field of new energy sales for 10 consecutive years, with more than 9,000 patents, becoming the only company in the world that independently develops batteries and motors.
These achievements not only prove Wang Chuanfu's vision, but also demonstrate the innovation ability of Chinese enterprises in the high-tech field.
Wang Chuanfu's story proves that insisting on innovation and technological breakthroughs is the key to the development of enterprises. He led BYD from a small battery factory to a leading global manufacturer of new energy vehicles, setting a new benchmark for China's manufacturing industry.
Wang Chuanfu, who came out of rural Anhui, has now grown into the helm of a multinational company. However, success did not make him forget his roots. Wang Chuanfu always remembers the nurturing grace of his brother and sister-in-law, and repays their selfless dedication with practical actions.
In order to allow his brother and sister-in-law to enjoy their old age in peace, Wang Chuanfu bought real estate for them in Shenzhen, took them to live with him, and even became their neighbors. Such an arrangement not only reflects his filial piety, but also allows him to better take care of his brother and sister-in-law's daily life.
Every holiday, Wang Chuanfu will carefully select gifts to give to his sister-in-law to express his gratitude. These gifts may be worth a lot of money, but in Wang Chuanfu's view, they are far less precious than the friendship that his sister-in-law paid for him back then.
Wang Chuanfu's concern is not limited to the material level. When he learned that his sister-in-law's mother was ill and needed treatment, he immediately arranged for admission to the hospital, covered all medical expenses, and often visited the hospital in person.
This kind of meticulous care shows Wang Chuanfu's warm side of dealing with people.
In 2017, Wang Chuanfu promoted his brother to the important position of vice president of BYD Group. Although his brother and sister-in-law were a little worried because of their low level of education, Wang Chuanfu still insisted on inviting them to join the company and help with various affairs.
This decision not only reflects Wang Chuanfu's trust in his family, but also provides a platform for his brother and sister-in-law to exert their residual heat.
Wang Chuanfu often said that although he lost his parents, having such an elder brother who was willing to pay for him and a sister-in-law who was willing to sacrifice his dowry for him was the greatest happiness and comfort in his life.
His story is not only a self-made entrepreneurial legend, but also a glorious embodiment of human nature that knows how to repay kindness and does not forget the original intention.
Wang Chuanfu's success is not only a personal victory, but also the result of a family's joint efforts. He interpreted the principle of "drinking water and thinking of the source" with practical actions, and also set an example for those who are also from poor backgrounds but have dreams.
In his story, we see the perfect combination of traditional Chinese virtues and modern entrepreneurship, which may be the key to Wang Chuanfu and BYD's continued success in the fierce market competition.
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