Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：114  发布时间：2025-12-19

Zhang Ruimin, who deeply abhors this formalism, certainly does not like the factory he manages continuing on this old path. The 'Qingdao Daily Electrical Appliance Factory' he went to was a long-standing mess. It was originally a handicraft production cooperative, but later transitioned into a collective cooperative factory. For many years, it has produced electric motors, electric hoists, civilian hair dryers, small table fans, and so on. In recent years, it has started producing a washing machine called "Baihe". Due to its rough appearance and poor quality, it has been unable to make any progress, and the factory's assets and debts have offset a deficit of 1.47 million yuan. Before Zhang Ruimin took office, he had already changed three factory managers within a year. At that time, he was the deputy manager of the home appliance company. If he didn't go again, no one would go. Many years later, he recalled, "I was welcomed by 53 transfer requests. I came to work at 8 o'clock and left at 9 o'clock. At 10 o'clock, throwing a grenade in the courtyard would not kill anyone. When I got to the factory, there was only a muddy road. When it rained, I had to tie my shoes up with ropes, otherwise they would be dragged away by the mud