Wang Liping: Independent innovation is to create new opportunities (Part 1)
Ningbo, as a place where one of the top ten business gangs, the 'Ningbo Gang' once produced, has always had no shortage of innovative and passionate enterprises. In addition to the well-known companies such as Shanshan, Oaks, and Youngor, there are more Ningbo bosses lurking under the water. You may not have heard of their names, but the companies they operate are not only well-established, but also in the industry. The inside is like a thunderbolt, and some even take the lead. MicrosoftInternetExplorer402DocumentNotSpecified7.8 lbsNormal0 Ningbo, as one of the top ten business gangs in Ningbo, has always been a business place, and there is always no shortage of innovative and passionate enterprises. In addition to the well-known companies such as Shanshan, Oaks, and Youngor, there are more Ningbo bosses lurking under the water. You may not have heard of their names, but the companies they operate are not only well-established, but also in the industry. The inside is like a thunderbolt, and some even take the lead. Wang Liping, chairman of Zhejiang Guangbo Group, is one of this group. Its Guangbo Group has a total assets of 1 billion yuan, ranking among the top 500 private enterprises and the top 30 Chinese cultural, educational and sporting goods companies. 'Industry Standard' is the main revision and drafting unit. In recent years, Guangbo, which started with stationery, has continuously expanded its tentacles to high-tech industries such as nano and digital while consolidating traditional industries. It is the nano-nickel powder and nano-copper powder that Guangbo mainly develops and produces, which are widely used in the new generation of microelectronic components in the electronic information industry, filling the gap in this application field in China. Currently, Guangbo nano materials account for more than 90% of the domestic market. At the beginning of this month, Wang Liping, who has always been low-key, held the Zhejiang Merchants Innovation Award and appeared at the 2006 Zhejiang Merchants Conference in Hangzhou. Compared with the reporter's first contact two years ago, although Wang Liping is still humble and refined, his speech and demeanor reflect his strategizing of the enterprise, and he is more confident. Reporter: First of all congratulations to you for winning the Innovation Award. What is your understanding of independent innovation? Wang Liping: My understanding is that innovation is to create new opportunities. Independent innovation is to change the traditional business model. It includes technological innovation, management innovation, and market innovation. Reporter: What do you think is the most important innovation among the three? Wang Liping: Technological innovation. The ultimate element of enterprise products is technological innovation. Guangbo invests 30-50 million yuan in technological transformation every year. It has accumulated more than 400 million yuan so far. 3%-5% of our annual revenue is used for research and development. Last year, we invested 25 million yuan in research and development. If the company does not have new products, sales will be greatly affected.