Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：29  发布时间：2025-10-09

The 'King of Coils' Zheng Xiangqing had a bit of black humor when he was caught back then. One day, the "Strike Economic Crime Working Group" drove through Liushi and saw a three story white building that was quite eye-catching. The members of the group discussed in the car, "Can this family afford to build such a building without capitalism?" The next day, the OP Zheng Xiangqing became a key target of investigation. When the working group searched his home, they found a large pile of abandoned motor coils in the yard, and he was accused of "producing fake and inferior coils for huge profits". The title of "Coil King" was thus established. Zheng Xiangqing was released after being detained for six months and dared not go out to do any business for nearly seven or eight years. Later, he became obsessed with the newly popular computer and held a small computer training class in Liushi Town.

The only "screw king" Liu Dayuan who was not caught has been doing the screw business all along. The "Dayuan Screw Shop" he opened on the busiest Qianshi Street in town became a model for reform that journalists came to take photos of many years later. His proudest thing was, 'In the 1980s, my store had the most complete set of screws. At that time, Shanghai Standard Parts Company only had over 20000 types, while I had over 40000!' Later, the state-owned Shanghai Standard Parts Company was really overwhelmed by Liu Dayuan and his team.