Let’s begin with the most recent donation.
Recently, as Northwestern Polytechnical University (NPU) celebrated its 87th anniversary, Shaanxi Huaqin Technology Industry Co., Ltd. donated 100 million yuan to NPU, particularly to help the development of the college’s younger expertise staff and the event of the supplies self-discipline. The helmsman of Huaqin Technology is Zhe Shengyang, an alumnus of the School of Materials at NPU from the category of 1977.
Few folks exterior know that Zhe Shengyang now holds controlling stakes in two listed corporations on the STAR Market: Huaqin Technology and BLT. Since beginning his enterprise, Zhe Shengyang has been collaborating along with his college classmates to rework scientific analysis achievements, and now the mixed market worth of the businesses he is concerned in exceeds 40 billion yuan.
A 70-year-old NPU alumnus owns two STAR Market-listed corporations
Back in 1955, Zhe Shengyang was born right into a peasant household in Zhejiaping, Qingjian County, northern Shaanxi. After graduating from highschool, he bought a job as a math trainer. Fortunately, the school entrance examination was restored, and Zhe Shengyang was admitted to NPU to review supplies science and expertise.
After graduating from college, Zhe Shengyang labored on the Thermal Technology Research Institute of Xi’an Qing’an Group Co., Ltd. below AVIC, primarily engaged in analysis on supplies science and engineering expertise. As an undergraduate, he turned the chief of a nationwide aviation challenge analysis group. At the age of solely 27, he turned the director of the Thermal Technology Institute of Qing’an Aerospace Equipment Company and was later promoted to the Shaanxi Science and Technology Consulting Service Center.
Zhe Shengyang, who had a easy profession path, selected to vary the path of his life. During the increase of beginning companies within the Nineteen Nineties, in 1992, Zhe Shengyang resigned and based “Shaanxi Huaqin Technology Industry Co., Ltd.”, the predecessor of Huaqin Technology. At that point, there was a selection between being a authorities official or going into enterprise, between a steady job and entrepreneurship. Zhe Shengyang additionally struggled with this choice. Years later, he talked about his unique intention of “going into business”, saying, “To develop and promote emerging and high-tech technologies and take the industrialization path.”
Entrepreneurship at all times comes with numerous challenges. When the corporate was first established, Zhe Shengyang did not actually have a place to calm down. The workplace he lastly took a elaborate to value 100,000 yuan in hire per yr. With solely 65,000 yuan in financial savings, he needed to ask his mates to behave as guarantors to get a spot to work. After getting the workplace, Zhe Shengyang began from planning scientific analysis initiatives and writing feasibility examine experiences, and step by step developed into challenge demonstration and feasibility analysis, finishing up science and expertise service consulting enterprise throughout the province.
In the primary yr of the corporate’s institution, the gross earnings reached 6 million yuan. After incomes his first pot of gold, Zhe Shengyang was clearly not happy with simply doing consulting enterprise. In 1996, Huaqin Technology, primarily counting on the staff of Professor Zhou Wancheng from NPU, cooperated with NPU to conduct pre – analysis and cultivation of particular useful supplies expertise.
For a very long time after that, Huaqin Technology used its firm’s earnings to help scientific analysis initiatives. During this course of, the staff have been additionally skeptical about investing in these “high – tech” initiatives with lengthy cycles, sluggish outcomes, and unsure futures. But Zhe Shengyang firmly believed that the transformation of scientific analysis achievements takes time, and this course of could take many years and even generations. “You have to be prepared for a large amount of money to be wasted; otherwise, there will be no scientific research achievements.” Interestingly, when there was a scarcity of funds as soon as, Zhe Shengyang solved the pressing downside by inventory buying and selling.
This analysis lasted for no less than a decade. In 2012, Huaqin Technology made a serious breakthrough within the analysis and growth of stealth supplies, handed the evaluation for a sure kind of apparatus within the army subject, and the corporate formally entered a brand new stage of reworking scientific analysis achievements from primary analysis to utilized analysis. To today, Huaqin Technology has develop into an “invisible champion” in particular useful supplies, attaining modern analysis and growth and unbiased provide of key core supplies within the aerospace and excessive – finish tools fields.
In 2022, Huaqin Technology was formally listed on the STAR Market and have become the most costly new inventory of that yr. It’s value mentioning that this was not his first time on the itemizing ceremony stage. In July 2019, BLT, a excessive – tech enterprise specializing in industrial – grade steel additive manufacturing (3D printing), was listed on the A – share market as one of many first batch of corporations on the STAR Market. Its service software fields cowl aviation, aerospace, vitality, automotive, business, electronics, molds, medical dentistry, college analysis, and so forth. Zhe Shengyang can also be one of many precise controllers of BLT.
At the age of 70 this yr, Zhe Shengyang holds two STAR Market – listed corporations with a mixed market worth of over 40 billion yuan.
Repaying his alma mater
After greater than three many years of entrepreneurship, Zhe Shengyang and NPU have been carefully intertwined.
Over the years, Zhe Shengyang and his alma mater, NPU, have explored a comparatively profitable “industry – university – research” cooperation system: NPU primarily focuses on primary and ahead – trying analysis on applied sciences similar to stealth, camouflage, and safety, whereas Huaqin Technology focuses on aggressive and instantly relevant expertise growth and sensible functions, and the 2 sides share analysis outcomes.
His former classmates have develop into necessary companions for Zhe Shengyang. At college, Zhe Shengyang and Zhou Wancheng have been classmates, and so they typically studied with Huang Weidong and Jie Wanqi from the identical main. Different from Zhe Shengyang’s selection, the opposite classmates selected to remain on the faculty after commencement to proceed scientific analysis.
But destiny introduced them collectively once more. The staff led by Zhou Wancheng is chargeable for the technical analysis of Huaqin Technology. In 2011, Zhe Shengyang invested and cooperated with the scientific analysis staff of Professor Huang Weidong to determine BLT Laser Forming Technology Co., Ltd., the predecessor of BLT. This is how the 2 billion – yuan – degree listed corporations got here into being. In addition, Zhe Shengyang additionally collectively established Shaanxi Ditaike New Materials Co., Ltd. with the staff of Professor Jie Wanqi.
According to incomplete statistics from public data, there are lots of NPU alumni within the groups of Huaqin Technology and BLT. More than half of the senior administration staff of Huaqin Technology, together with Zhe Shengyang, Zhou Wancheng, Luo Fa, and Huang Zhibin, are from NPU. Xue Lei, the chairman and normal supervisor of BLT, graduated from the School of Materials at NPU; Sun Xiaomei, a non – unbiased director, graduated from the Department of Materials Science and Engineering at NPU; and Xu Yadong, an unbiased director, is a professor on the School of Materials at NPU…
“Our alma mater is the place where our dreams set sail,” Zhe Shengyang recalled on the donation ceremony. “It is this fertile ground of our alma mater that has provided us with batches of excellent scientific and management talents and cutting – edge scientific research support, enabling us to have the ability and confidence to continuously break through in market competition and achieve sustainable and high – quality development.”
He by no means forgets his roots after success. According to experiences, from 2011 to the current, Zhe Shengyang, together with Huaqin Technology and BLT, have donated funds and in – sort donations value greater than 70 million yuan to the college in complete, strongly supporting the college’s expertise introduction, college development, expertise cultivation, faculty growth, and alumni’s innovation and entrepreneurship. Now, with one other donation of 100 million yuan, will probably be particularly used to help the development of the college’s younger expertise staff and the event of the supplies self-discipline.
This type of factor taking place at NPU shouldn’t be unintended.
Located in Xi’an, NPU shouldn’t be very effectively – recognized nationwide, however it’s a nationwide – acknowledged protection business college and is affectionately referred to as one of many “Seven Sons of National Defense”. In the previous few many years, NPU has created many “firsts” with distinct nationwide protection traits within the historical past of New China. Historically, the primary engineering doctoral levels in disciplines similar to foundry, aerospace manufacturing engineering, flight mechanics, aero – engines, and rocket engines within the nation have been all awarded to graduates from NPU.
Therefore, with a robust engineering gene, NPU has produced many “high – end and sophisticated” initiatives. These initiatives have gone into the sky, underground, and underwater, forming a novel entrepreneurial group in a number of hardcore fields similar to aviation, aerospace, navigation, supplies, and manufacturing.
This article is from the WeChat official account “Investment World” (ID: pedaily2012). The creator is Wu Qiong, and it’s printed by 36Kr with authorization.