byAnonymous fromOffice for Alumni Affairs
Translated by Wei Xutao; edited by Zhen Yanhua
Time:2013-10-2115:35:45 Click:1,010
Zhang Wenli is one of the most famous Chinese decorated entrepreneurs in equipment manufacturing, as well as one of the most famous HUST alumni, or Electrical Engineering majors. After graduating from HUST in 1982, he finished his postgraduate study, and climbed in his career ladder from a technologist up to a senior engineer as well as a researcher of ideological and political works. In 2000, he was promoted to the CEO as well as Vice Party Secretary of Tianjin Mechanical and Electrical Industry Holding Group Co., LTD, and, in 2005 and from then on, serves as its chairman of boarders and Party secretary, as well as the CDR of Tianjin Association.
Tianjin Mechanical and Electrical Industry Holding Group Co., LTD is a state-owned enterprise derived from the original Tianjin OKMO, or Tianjin Mechanical and Electrical Industry Company after 1995. Now it is renamed Tianjin Baili Mechanical and Electrical Industry Holding Group Co., LTD (or “Tianjin Baili” for short) , which was certificated as a state-owned asset authorized industrial operating entity by SASAC of Tianjin in 2009.
With his firm pursuit of shouldering the responsibilities of maintaining and increasing the value of state-owned assets, Alumnus Zhang and his management took a successive reform steps to transform “Tianjin Baili” from a administrative organs with strong bureaucracy characteristics into a lively modern enterprise ranked in “China’s Top 100 Industrial Enterprises”, “China’s Top 200 Profitable Enterprises” and “China’s Top 500 Enterprises”. By the end of 2010, its main business income totaled ¥35.8 billion RMByuan, 12 times as much as that in 2005, while its total profit, ¥32.4 billion RMByuan, 88 times as much as that in 2005.
Now, “Tianjin Baili” has accomplished its “11thFive-year” plan two years ahead, and its ROE reached all-time highs again, whereas Alumnus Zhang, with his strong confidence and brand new working project, is devoting his full effort to fulfill the group’s “12thFive-year” plan.
