Tcl Chairman Li Dongsheng Group: Achieving Eagle Rebirth!
for main attack LCD TV Module project TCL The third adjustment in July private placement programs, plans to raise funds of around 1.69 billion. It is worth noting that this non-public offering of A shares, TCL Group Chairman, CEO Li Dongsheng subscription ratio of 18%, and the locking period of three years, far longer than other investors to subscribe for shares locked for one year.
Li Dongsheng The intent is clear, that is, to investors that he: “I am a long-term bullish on TCL, we must believe we can operate a good business!”
The immediate interests of his company’s fate with the lockout is not the case with the rare, such as Suning Electrical appliances, gold crystal technology, such as Gabriel electric controlling shareholders of listed companies have been declared to extend the limit on sale of shares in order to enhance investor confidence, but this was particular valuable Li Dongsheng, Li Dongsheng this career from the start with.
China’s reform and opening up 30 years, created a group of outstanding entrepreneurs, Liu Lenovo, Haier’s Zhang, etc., there is TCL’s Li Dongsheng. TCL was founded in 1981, TCL has been formed in order to trump the current TV Represented Home Appliances , Communications, information, four electrical products, home appliance market in China dominate, the industry called “TV upstart.” In 2004, the peak of career development in the TCL, TCL announced a joint venture with Thomson joint venture TTE, the world’s largest TV company, which also means that the strength of Chinese enterprises for the first time the mainstream of industrial reconstruction map of the world. However, with the marriage of Thomson and TCL is not to bring the joy of the honeymoon, “the evolution of international” is more pain.
“During that time, I experienced the most difficult days of life.” Li Dongsheng own assessment Thomson M & A day. In fact, this painful time, but to bring greater impetus to Li Dongsheng, after three years of the European business model adjustments, TCL, not only in a net profit of 396 million yuan in 2007, from the delisting risk, and in 2008 First-quarter revenues of 8.781 billion yuan earnings, net profit of 449 million. Industry generally believe that, through international temper and after baptism, TCL-head has been returned to the sound operation of the track. In fact, results of the 2008 TCL continued gains across the board, especially its LCD business, will far exceed the industry average. According to the latest disclosure of data, in July 2008 TCL Multimedia sales data showed sales of the company’s current LCD TV 420,600 units, compared with same period last year 436.2%, LCD sales continue growth trend.
Li Dongsheng has been that the international strategy is correct, this is the strategic direction of the problem, no matter how difficult, it is only a tactical error. I am more agree with that, consistent with the direction of future development of Chinese enterprises, but also of China’s economic development trend, the Chinese economy has become indispensable to the world economy an important part, to become a world power must have its own multinational companies. We look at Lenovo’s acquisition of IBMPC is true, the current initially completed the first step of corporate globalization, from a regional leader in the IT electronics manufacturer headquartered in the United States into Raleigh and Beijing, China, the scale of nearly 17 billion business dollar global operations of multinational enterprises and promotion in the world top 500 enterprises, results gratifying. TCL’s global distribution is also reflected in the more established international management system, R & D systems, global supply chain system, and build high-end brands.
Dare the first person to eat crab is the quality of primary mental quality. “Without the courage to dare to become martyrs, can not become a pioneer.” Mr. Li says. I am more admire the perseverance and courage Li Dongsheng, entrepreneurs in China, Mr. Li is not only a friend and brother enough to talk, talk tolerant entrepreneur, is an act of entrepreneurs. In the face of major setbacks in TCL International, the European business suffered when the huge loss, Mr. Li had come out calm and self-reflection may reflect, in 2006, he published “Eagle’s rebirth,” an article in the TCL set off inside a corporate culture within Provincial-style movement, and in enterprises “Eagle Transformation”, a large number of executives to be replaced, a large number of marginal operations is adjusted.
I am an expert from Mp3 Player Manufacturers, usually analyzes all kind of industries situation, such as red granite countertops , ceramic tile table top.
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