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Ceo Fang Hongbo Most Expensive Household Appliances: New Challenges, New Rights Battles

January 22nd, 2011 Comments off

Ceo Fang Hongbo Most Expensive Household Appliances: New Challenges, New Rights Battles

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Home Page > Business > Industrial > Ceo Fang Hongbo Most Expensive Household Appliances: New Challenges, New Rights Battles

Ceo Fang Hongbo Most Expensive Household Appliances: New Challenges, New Rights Battles

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Posted: Oct 21, 2010 |Comments: 0
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2005 year, 45.6 billion yuan; in 2006, 550 billion; 2007, 75 billion yuan; 2008, 99 billion yuan; in 2009, estimated 98 billion yuan; in 2010, is expected to exceed 120 billion yuan.

Midea Group Sell Income is almost meteoric rise, and the next day broke into the Fortune 500 are numbered. However, all of the achievements and glory in the United States Electric (000527) (000527.SZ) Chairman of the Board Fang Hongbo it seems has become the past tense, for like the challenges of uncertainty and excitement of the Fang Hongbo, aesthetic The future possibilities are infinite.

2009, the for Fang Hongbo is a memorable year. August 26, Fang Hongbo took over the former Chairman of the Board He Xiangjian sitting on the baton for 16 years. Midea private enterprise to break the family succession practices, Fang Hongbo, as professional managers to achieve the brilliant career peak, has become

Home Appliances Industry the most expensive CEO (salary 4.58 million yuan).

Fang Hongbo within the company as the “plane rose up the heads.” 17 years ago when he first arrived in the U.S. electrical only within the President’s Office Journal editor, was rumored to accompany He Xiangjian as travel editor, Fang Hongbo will be the observed market situation sorted out and summarized, and how boldly express their point of view. No doubt when editing written speeches for leading a “sideline”, he learned his trade the big picture and in-depth study of the “eye.”

Opportunities from stepped in the United States in 1997

Air conditioning Operations into the end grain, Fang Hongbo He Xiangjian against all the odds in after the company was only use competent domestic sales of air conditioning. Led him to success is “to sell to

Marketing Changes to manufacturing changes to customer needs “new ideas, to cultivate a group of young in the Emergency Unit of marketing in 2008 after the company sales growth of 200%, sales of 90 million units, China’s air-conditioned four rapid Sharu strong list.

Fang Hongbo so positioning yourself, “compared to

Boss This concept, the boss is born, is a genius; and professional managers are stringent standards for machine parts, the employees, rely on the professional qualities and abilities. “

This way, the United States with an annual sales of electrical appliances close to 50 billion yuan predators. Even in the event of the 2008

Financial Crisis, the US’s electrical energy is also still blooming.

Three quarterly according to the company revealed that the United States in the first three quarters of total revenue 35.66 billion yuan, down 4.5%; net profit of 1.551 billion yuan, an increase of 45%.

Although the sales of beauty has not fully recovered, but the contrast greatly enhance the profitability of the company last year. 2008 full year revenue of 45.3 billion, net profit of only 1.033 billion yuan. First three quarters of the company annual revenues of less than 9.6 billion yuan in 2008, but last year’s net profit more than a 518 million.

Fang Hongbo led the U.S. in appliances, in 2009 has been in transition to high-end products, leading to significant increase in gross profit margin: gross profit margins in the first three quarters as high as 22.24 percent, while the 2008,2007, the company gross margin was only 19.16%, 18.62%. In addition, the annual profit was gratifying: the cumulative expected 2009 net profit of about 18 billion yuan, up about 74%.

This may be just a coincidence. Bo Fang in the 1997 Asian financial crisis, when orders from the company’s crisis, a Crisis in the U.S. Later in the electrical industry to establish a leading position; 12 years, the global financial crisis Fang Hongbo then became the company’s top leader ” Chairman of the Board “and is also the president, set policy and implementation in a, Fang Hongbo what they bring to the company’s miracle?

U.S. group plans to “reach 120 billion yuan in 2010 sales, the impact of the world’s 500″, as compared with 50% of the total group revenue of U.S. electrical appliances work towards this goal in the group naturally important, boosting and witness the Group into the world top 500, or Fang Hongbo another miracle to bring the company.

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Fang Hongbo, The Most Expensive Home Appliance Industry Was Promoted To U.s. Ceo’s “head”

December 20th, 2010 Comments off

Fang Hongbo, The Most Expensive Home Appliance Industry Was Promoted To U.s. Ceo’s “head”

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Fang Hongbo, The Most Expensive Home Appliance Industry Was Promoted To U.s. Ceo’s “head”

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Posted: Aug 24, 2010 |Comments: 0

promoted to the US’s “head”

Industry: the primary task is to sort out the brand positioning and Little Swan

Year’s CEO pay 4.58 million yuan will bring beauty to where? Recently, the United States and the Group Board of Directors announced the resignation of the United States of He Xiangjian Midea Chairman of the Board and the director, the original Board of Directors Vice Chairman, President and Chairman of the Board succession Fang Hongbo, and is also the president. It also declares

Home Appliances Industry CEO of the birth of the most expensive, currently a board member of the United States exclusively by professional managers as in the domestic listed companies is still unusual.

Or will be more emphasis on process management

It is understood that He Xiangjian to be a thoroughly

Guangdong , He low-key, cautious, prudent, believe in “talk less and do more, quietly dry” principle. He Xiangjian hand-picked up by the Fang Hongbo was also a low-profile drives people crazy people.

He advocated “combination of knowing, knowledge and action” management philosophy, and the implementation of Six Sigma management. Six Sigma as a cycle management model is to enhance the competitive advantage of the most effective measure. This management model to the data and evidence-based, customer demand, to focus on process management in order to take the initiative to prevent the fundamental objectives in pursuit of perfect quality, so that enterprises obtain significant cost advantages and differentiation advantages.

Transition to the modern enterprise To 4.58 million salary ranked the most expensive home appliance industry practitioners Fang Hongbo, CEO of the road seems smooth. Joined the United States in 1992, the group’s Fang Hongbo, who served the United States of

Air conditioning Domestic Division Marketing General Manager, Air Conditioning Division Vice President and General Manager, Vice President of the United States electrical, vice chairman and president of the Board of Directors level.

Liu Buchen, industry experts said the move is U.S. family business of electrical appliances from the transition to the modern enterprise.

To such a heavy burden to the Fang Hongbo, is He Xiangjian recognition of his ability, but also the needs of enterprises. Liu Buchen, that the party took office the United States can maintain the good momentum of electrical appliances while on its

Washing machine Products, such as a small swan, Rongshida how such positioning.

He said, can see the Little Swan Electric in the United States did not highlight the last two years, the product is not clearly defined, and air conditioning,

Small appliances Positioning are taking the high road. If the Little Swan’s orientation at the low end, that the whole concept of beauty does not match appliances.

Liu Buchen, that, from 2005 States United States

Only 300? 40,000,000,000 yuan of revenue, had reached 700 last year? 90000000000 income, we can see that beauty very fast pace of development, Fang Hongbo taking office, the continuity of the policy will be more smooth, expected next three years, Midea promising “rapid” development.

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