Chen Huagen: Founded The First Joint Stock Cooperative Enterprise

Sitting in the parlour of the Poly Group, Chen Huagen was dressed in plain clothes. The 63 year old elder prefers to tell his life story rather than the brilliance of his company. The establishment of the first joint-stock cooperative enterprise in China is, of course, the most news in Chen Huagen's story. In 1982, Chen Huagen and villager Wang Huasen and other 4 people jointly established the Wenling County Mu Yu Nan handicraft factory. At that time, other factories should wear "red hat" and hang signs of collectives. Only Lao Chen, who was the first to approve the procedures in the name of "collective membership group", was designated as "independent production, several partnerships, self financing, and joint labor management". This business license has become the first business license of a joint-stock cooperative enterprise approved by the administrative department for Industry and Commerce in China. Recalling the scene of the year, Chen Huagen said, "in fact, we were not only one of us, but we went for approval." Chen Huagen would prefer to mention why he did so. Chen Huagen, who was immersed in his memory, said: "some collective enterprises has the final say of leaders who do not know business. Those who understand business are just salesmen. Such collective enterprises call it switch factory at any time, and they are open at any time." Chen Huagen also used to rely on a collective enterprise to do shoe brush business. The final result was only two words: failure. Chen Huagen was very impressed by this: "at that time, I wanted to run an enterprise named" people "and wear" people "shoes. In this way, Chen Huagen and Wang Huasen jointly established the first South China handicraft factory with joint stock cooperative system. The original product was plastic shoe brush. "We will do business from now on, and no longer need to send a letter of introduction to the brigade, invoice and contract." Chen Huagen said, "the biggest advantage is that people who know the production and management has the final say in the enterprise." Amazingly, Chen Huagen told us that after 10 years of operation, the company did not dare to list. It is of course the question of "surname", "surname". Chen Huagen said, "when we run an enterprise, some people say that we exploit employees and we will fight you one day." In order to avoid causing trouble, manufacturers dare not hang up. Even if they make products, they have to put them in a rented house and use boards to seal them. The main problem that puzzles Chen Huagen is not the quality of business, but the social environment of emancipating the mind. In fact, from Chen Huagen, he got the industrial and commercial license of "collective membership". The joint-stock cooperative economy has broken through the bondage of ideas and broken into cocoon and become a pillar of Taizhou's economy. In 1993, Chen Huagen, who hung up the label, said: "if we do not emancipate our minds, we will not have the first joint-stock cooperative company in the year, nor will we have the development of this enterprise today." The handicraft factory has gradually developed in the course of emancipating our minds. From the 9000 yuan registered capital to the first year output value of 150 thousand yuan, to the output value of tens of millions of yuan and the output value of hundreds of millions of yuan, it has now developed into a group of 300 million yuan assets and an annual export of about 40000000 dollars. Chen Huagen said: "if the cadres' minds in Wenling were not liberated, then we would not become the first joint-stock cooperative enterprises. If there is no ideological emancipation of foreign capital, we will not cooperate with foreign investors, nor can our products go to the world. If there is no further deepening of economic restructuring, we will not be able to establish a modern enterprise system and carry out shareholding system reform; if..." Fortunately, Chen Huagen's original grass-roots exploration was not lost in the era of ideological emancipation. The joint-stock cooperative system explored by him and many peasant entrepreneurs is not only a strong force in the socialist market economy, but also a golden bridge for farmers to go from comfortably to comfortably to well-off and achieve common prosperity.