The strength of the stainless steel king can’t be hidden.
He has never been in the top 300 of the rich list. Outside Wenzhou, not many people know his name.
But it is this the person who is not obvious, has won the two global firsts in the stainless steel and nickel-iron industries and has also established China’s right to speak in the field of new energy vehicle batteries.
This dark horse is called Ruipu Energy. It was established in 2017. Before the second phase of the production base was completed, more than 20 new energy vehicle companies such as Guangzhou Automobile and Geely rushed to place supply orders.
Ruipu’s parent company, Yongqing Technology, is a new energy company that produces metallic nickel. Because they have nickel in their hands, global head anode precursor producers GEM, Zhongwei Co., Ltd., Huayou Cobalt, etc., all seek cooperation with Yongqing to supply nickel. Even Ruipu Energy’s giant rival, Ningde Times, seeks cooperation through subsidiaries. It cooperates.
Half of the seven inches of the car battery industry is in the hands of Yongqing Technology does it monopolize nickel resources?
Evergreen’s parent company, Tsingshan Holding Group, is one of the world’s largest ferronickel producers. In 2018, 12% of the world’s ferronickel came from Qingshan’s overseas nickel mines.
From Ruipu to Yongqing and then to Qingshan, only three subsidiary companies have opened up the entire chain from upstream nickel raw materials to battery precursors, from battery manufacturing to downstream car companies, and has become an inevitable existence in the new energy vehicle battery industry.
Since starting his business in the sea in 1988, Xiang Guangda has been in the iron and steel industry for 32 years, with factories in Fujian, Guangdong, Zhejiang, Henan, and other places, and his business has extended to Indonesia, India, the United States, and Zimbabwe.
Wenzhou people are famous for making all kinds of small commodities and like to try various opportunities to make money. Xiang Guangda does not have this habit. When others do 100 things, he would rather focus on one thing and do it 100 times.
Because of this focus, Xiang Guangda seemed to have walked into the dark on the unimaginative track of steel but took every path he chose to the extreme.
In the field of stainless steel, Qingshan has formed an annual production capacity of over 10 million tons, ranking first in the world since 2014;
The ferronickel smelting industry accounts for 12% of the world’s production capacity with approximately 300,000 tons of nickel equivalent per year, ranking first in the world;
In the development of nickel-chromium alloy materials, the annual output value is nearly 100 billion, and it has become a first-tier supplier of Apple and other companies;
In the field of new energy, it has become the top five domestic lithium battery companies after entering the company for three years.
Indeed, the prospects of the steel industry were unclear. At that time, any real estate speculator in Wenzhou had tens of billions of projects in its hands. Li Zhaohui, chairman of Shanxi Haixin Steel, became the richest man in Shanxi by transforming real estate and finance.