Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：108  发布时间：2025-10-16

Only the four brothers of the Liu family know Chen Yuxin's thoughts. These four young people, who are full of vitality and have a lot of knowledge in the local area, have long been impatient to spend their whole lives in the dull career institutions. They have decided to start an electronics factory together. They even developed their first product - a dual channel audio system, and secretly brought it to the entrance of a shopping mall in the county to play. Surprisingly, the sound effects were quite good. At that time, private enterprises were not allowed in the city, and the only possibility was to establish community enterprises in rural areas. So, the result of the discussion was that the third brother, who was most proficient in radio, resigned first and started a community enterprise in Gujia Village in the suburbs, while the other three brothers resigned and joined separately. At that time, they even had a name for the factory in mind. They admired the great inventor Edison, whose company was called GE, and the Liu brothers' factory was called "Xinyi".

Chen Yuxin entered Gujia Village with his bedding on his back. A few weeks later, he went to the county for approval with a report from the village agreeing to open a new electronic factory, but was rejected outright. The reason is, 'You don't have funds, you don't have engineers, why are you messing around!'