"M & A" Ning Gaoning "retired" and took charge of 4 Fortune 500 companies in the world
Author:Costrit Finance Time:2022.08.28
"I know that the master of the world is time. It is silent, and no trace solves all problems. Time is the ultimate fairness. Fairness is the ultimate morality."
On August 26, Ning Gaining, who dominated many heavy mergers and acquisitions, stepped down as chairman of China Sinochem. He gave poetry "Old Beauty" in the circle of friends that night to make the past years.
Since then, Ning Gaoning officially said goodbye to the long -term service battlefield -born in November 1958, he was nearly 64 years old and exceeded the 63 -year -old retirement age of the leader of the central enterprise.
China Sinochem's official website released on the morning of the same day saying that Li Fanrong was replaced by Li Fanrong, the chairman and party secretary of China Sinochem. This "chemical carrier" with over trillion total assets is quite young. It has only been established for more than a year. It is reorganized by Sinochem Group and China Chemical.
It is not the first case in Ninggao Ningbo's magnificent business career. Ning Gaoning, who claims to be "state -owned enterprises to put Niuwa", has been in charge of four Fortune 500 companies in the world, showing the capital talent and operational capabilities different from ordinary people.
Although Ning Gaoning has officially resolved armored today, the China Resources, COFCO, and Zhonghua mast he had in charge did not unload, and still carried the "Ning -style" seal to continue sailing.
China Resources Twenty -Cai's reputation rises
From ordinary employees to the chairman of the board of directors, Ning Gaoning's resume in China Resources Group was hot.
In 1987, Ning Gaoning joined the Planning Department of China Resources. Subsequently, Yongda Lili, a company of China Resources, has become his test goldstone. At that time, the original business was difficult to sustain due to environmental protection issues, and the "planning" plan given by Ning Gaoning was actually going to turn the business direction and engage in real estate. Such a big bargaining bet was approved by senior management, and the company finally made more than 400 million net profit. Yongdari was renamed "China Resources Entrepreneurship" and became the first listed company of China Resources.
This experience is like a sentence, making a preview for Ning Gaoning's career to treat incurable diseases.
After this battle, Ning Gaoning gradually emerged and embarked on the fast track of promotion. In 1990, he served as director and managing director of China Resources Entrepreneurship Co., Ltd. In 1999, Ning Gaoning was appointed chairman of China Resources Group Corporation and officially took over China Resources.
During the period of in charge of China Resources, Ning Gaoning led China Resources in the Mainland market while led China Resources in the mainland market while trying to create a new China Run in the mainland market. Later, Ning Gaoning began to make a big merger and acquisition and business integration, and promoted China Resources from a Hong Kong trade window company to an industrial big business. Its business in the Mainland involved in multiple fields such as real estate, beer, and retail. Assets laid the cornerstone.
COFCO ten years chess game is not gone
"It seems that a stranger broke into a lively family gathering. I don't know what everyone is talking about, and I don't know many stories in this family. The feelings of the airborne COFCO Group.
In December 2004, Ning Gaoning, who has been serving in China Resources for nearly 20 years, replaced Zhou Mingchen as the chairman of COFCO. At that time, although he had been famous for his achievements in China Resources, Ning Gaoning was a little confused in the face of the word "grain".
However, the Shandong man who had been in the team, served as a soldier, served, and stayed in the ocean soon brought COFCO Group to a new height.
According to incomplete statistics, during the 11 years at the helm of Ning Gao Ning, COFCO Group launched a total of 50 mergers and acquisitions. Only three A -share listed companies launched more than 20 acquisitions. Essence
However, high -speed expansion is not harmless. At that time, COFCO faced the problem of declining profit pressure and the decline in the market share of food brands. Ning Gaoning's strategy of "the entire industry chain from the field to the dining table" is not ideal, and multiple food brands have gradually disappeared. In 2013, Ning Gaoning said in an interview with the media, "COFCO's entire industrial chain has its own problems, such as the expansion speed is too fast, and the overall development speed of the economy, the level of management team, especially the expansion ability,"
Industry insiders analyzed that "COFCO is more like the accumulation of resources in the early stage, and there may be problems with excessive expansion, but as the internal integration is completed, these problems are expected to be solved."
This wish was delayed. As early as 2008, Ning Gaoning included COFCO's overall listing into the plan. He was also considered by the market to be the best candidates for COFCO's reform and reorganization. But before the COFCO, the behemoth of COFCO went towards the capital market. In 2015, a paper was adjusted, making Ning Gaoning feel that "the painting circle of COFCO has not finished."
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