Sharing Wisdom, Creating Brilliance Together—President Wang Zhenghu was invited to attend and deliver a keynote speech at the Siemens LD Distributor Conference.
Time:
2022-07-15
On May 10, 2013, the “Siemens Large Drive Division Standard Motor FY12/FY13 Fiscal Year Distribution Business Conference” was solemnly held at the Marco Polo Hotel in Foshan City. Foshan Zhengda Mechanical & Electrical (Group) Co., Ltd., as one of the largest distributors in the LD field, was invited to attend this conference. In the afternoon, at the invitation of Mr. Fu Qiang, General Manager of the Large Drive Division of Siemens (China) Co., Ltd., Mr. Wang Zhenghu, President of Foshan Zhengda Mechanical & Electrical (Group) Co., Ltd., delivered a keynote speech on “Enterprise Management and Incentive Mechanisms.” His warm greetings and humble, straightforward language won high praise from both customers and the entrepreneurs present. From his university days...
| On May 10, 2013, the “Siemens Large Drive Division Standard Motor FY12/13 Fiscal Year Distribution Business Meeting” was held with great success at the Marco Polo Hotel in Foshan City. Foshan Zhengda Mechanical & Electrical (Group) Co., Ltd., one of the largest distributors in the LD sector, was invited to attend this meeting. In the afternoon, at the invitation of Mr. Fu Qiang, General Manager of the Large Drive Division at Siemens (China) Co., Ltd., Mr. Wang Zhenghu, President of Foshan Zhengda Mechanical & Electrical (Group) Co., Ltd., delivered a keynote speech titled “Enterprise Management and Incentive Mechanisms.” His warm greetings and humble, straightforward language earned him high praise from both clients and the entrepreneurs present in the audience. His experiences during university have profoundly influenced his career choices and values after graduation. After graduating from a key national university, he was assigned to work at a state-owned enterprise in Guangdong, where he honed solid professional skills and demonstrated exceptional leadership abilities, eventually earning a promotion to a position in a national government department. For over a decade, he remained steadfastly committed to hard work and continuous learning, earning the admiration of his superiors and enjoying a smooth career trajectory. In 1997, his personal career took a second major turn: he left his well-compensated civil service position to enter the private sector, choosing instead to help more people achieve their dreams alongside himself. In the early stages of his entrepreneurial journey, he introduced some of the world’s best marketing practices into his company, seizing an unprecedented historical opportunity to rapidly accumulate capital and resources. In 2008, the company became the exclusive distributor of products from foreign brands such as Siemens, and its business scale began to grow rapidly, setting it on a fast track of expansion. For a company to thrive, talent is the key to its development. From the very beginning of its establishment, the company has made talent development a core priority, setting itself apart in areas such as talent selection, on-the-job training, and promotion opportunities—thus cultivating a pool of outstanding business and management professionals. In recent years, the effective operation of more than 20 subsidiary teams, coupled with the addition of senior executives to key positions since 2012, has laid a solid talent foundation for the company’s leapfrog growth. For a company to thrive, motivation is the driving force behind its progress. The company’s development depends on having an industry-leading performance appraisal system and incentive mechanism. In 2002, the company introduced an equity-based stock option plan for key employees, marking an innovative step in its incentive system that greatly boosted employees’ work enthusiasm. In 2008, the business units underwent restructuring, and in 2012, the company once again reformed its equity structure by further reducing its shareholding, thereby enabling more key and mid-to-high-level personnel to participate in and share in the company’s growth and success. For a company to thrive, learning is the source of innovation. “The only constant is change.” Whether it’s employees or the enterprise itself, only by continuously learning and consistently innovating can we surpass ourselves and leave our past behind. Our company promotes a learning culture that spans from childhood to old age—each year, we regularly arrange for employees at all levels, including middle and senior management, to participate in tours, external training programs, and overseas study visits, broadening their horizons, deepening their understanding of foreign cultures, and gaining access to advanced management practices. Every year, we also send senior executives to the China Europe International Business School and Cheung Kong Graduate School of Business to learn from their peers and even more accomplished entrepreneurs, putting what they learn into practice. As a result, our company’s strategic development plans always stay ahead of industry trends, ensuring that our practices continue to evolve and thrive. “One flower blooming alone does not make spring; when myriad flowers bloom in vibrant hues, the garden is filled with spring.” All of you here today are exceptionally talented, and Teacher Fu’s team is highly professional and outstanding. As long as we remain united and ambitious, work hand in hand, pursue common development, share risks together, and reap rewards collectively, continuing along this path of shining achievements, we have every reason to believe that your company will surely grow into the most dazzling star enterprise in its industry. |
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