Zhejiang Xiaoshan big dark horse: 27 years old, 60,000 capital, 29.602 billion this year, ranking in Hangzhou's top 33 private enterprises

Public information shows that Xiang Xingfu was born in Xiaoshan district of Hangzhou. Unfortunately, there are not many public information about Xiang Xingfu, such as: family background and other information can not be found from the Internet;

At the age of 15, after finishing high school in Nga Qian Middle School, he entered the newly established collective enterprise Nga Qian Commune Silk Factory. From mechanic, workshop director to deputy factory director, factory director, he accumulated his own experience in running a factory.

At the age of 27, that is, in 1989, Xiang Xingfu rented a small factory with only 10 textile machines (namely Xiaoshan District Luoshan Silk Factory) with a starting capital of 60,000 yuan and began to set up his own factory practice. According to the official website of Xinghui Chemical Fiber Group, "From 1989 to 1995, it has been operating in the form of a red hat." This textile "small workshop" has now broken the cocoon into a comprehensive large-scale private enterprise - Xinghui Chemical Fiber Group, which has been listed in China's top 500 private enterprises and China's top 500 private manufacturing enterprises for many years.

At the age of 33, in accordance with the provisions of the Company Law, he successfully registered a private enterprise and named it Hangzhou Xinghui Chemical Fiber Co., LTD. Xiang Xingfu served as the chairman and general manager; In the same year, the introduction of Italy's advanced textile equipment;

At the age of 34, he introduced Japanese textile equipment. These equipment, are the most advanced equipment in the 1990s, in many private enterprises at that time, Xinghui is the pioneer;

At the age of 36, Xinghui and Hengyi Group, another large private enterprise in Xiaoshan, jointly carried out a polymer project with a total investment of 350 million yuan, introducing foreign advanced equipment and adopting domestic advanced production technology;

At the age of 39, the company changed its name to Xinghui Chemical Fiber Group Co., LTD., which successfully transformed from a small chemical fiber textile enterprise into a large group enterprise with leading technology, performance and research and development level in the same industry in China.

At the age of 40, Hangzhou Banglian Spandex Co., Ltd. was established in Jiangdong Industrial Park, Xiaoshan Economic and Technological Development Zone to develop spandex products.

At the age of 42, Zhejiang Xinghui Chemical Fiber Group Co., Ltd. was changed to Xinghui Chemical Fiber Group Co., LTD. Xiang Xingfu served as chairman and general manager;

At the age of 45, the total assets of Xinghui Chemical Fiber Group Co., Ltd. reached 2.95 billion yuan, the net assets of 1.03 billion yuan, the sales revenue of 5.57 billion yuan, the profit of 139 million yuan, and the tax paid nearly 108 million yuan;

At the age of 49, Xinghui Group has become a modern private enterprise group with slicing and spinning, chemical fiber and elastic, clothing fabrics as the main business, commercial foreign trade, industrial investment, real estate development as the auxiliary business, the integration of the industrial chain is high, and the main and auxiliary industries support each other. Top 500 Private enterprises in China, 500 Private manufacturing enterprises in China, Top 100 enterprises in Zhejiang Province, etc.

At the age of 55, he was listed on the 2018 Hurun Rich List for the first time, ranking 1,080th with a fortune of 3.9 billion yuan;

At the age of 56, he ranked 878 in the 2019 Hurun Rich List with a wealth of 4.8 billion yuan;

At the age of 57, he ranked 1177 in the Hurun Rich List 2020 with a wealth of 4.8 billion yuan;

At the age of 58, with a wealth of 5.2 billion yuan, he ranked 1373 in the Hurun Rich List 2021.

It is worth mentioning that Xiang Xingfu and Xinghui Chemical Fiber Group Co., Ltd. under his leadership, while promoting the development of enterprises, actively fulfilling social responsibilities, returning to society, and making great contributions in "poverty alleviation", "helping the poor", "revitalizing education and learning" and other aspects. According to the "Common rich peer people's power ③ | Xiang Xingfu: The results of development help common prosperity "article introduced," In 2008 Wenchuan earthquake, Xiang Xingfu personal donation of 1 million yuan, in 2012, Xinghui Group to the district charity Federation named 20 million yuan, in 2020, the new coronavirus pneumonia epidemic affected people, Xiang Xingfu donated 3 million yuan, He has donated 30 million yuan to support education and poverty alleviation."

Conclusion: Weaving is a xing rich old business, no matter how the market changes, over the years he has adhered to the main business this "this". From market conditions to professional manufacturing, from technology to equipment, from brand to e-commerce, Xiang Xingfu's hard work and focus on innovation have created two major features of Xinghui Group: equipment specialization and product serialization. At the same time, he and Zhejiang Hengyi Group Co., Ltd. jointly established Zhejiang Hengyi Polymer Co., LTD., creating a precedent for strong cooperation among private enterprises and starting the influence of private entrepreneurs.