After two years as a VC, he came home at the age of 32, inheriting the 30 billion property of Hailan home

category:Finance
 After two years as a VC, he came home at the age of 32, inheriting the 30 billion property of Hailan home


The investment community (ID: pedaily2012) learned that on the evening of November 25, Hailan home announced that Zhou Jianping resigned from the position of chairman, director and chairman of the strategy committee of the board of directors for personal reasons, and his son Zhou lichen formally took over.

Graduated from Tsinghua University, Zhou lichen, 32, had a little-known VC experience. After graduating from university in 2010, he did not choose to study abroad. Instead, he entered Shanghai Zhixin capital with a low profile and made a silent investment for two years. Zhixin capital was founded in 2006 by Li Shujun, the former CFO of Shanda. It is quite mysterious in the circle. In his early years, he invested in Hailans home.

Interestingly, VC firms seem to be attracting more and more second-generation Industrial people. A well-known local venture capitalist in Shenzhen has raised billions of new funds. One of the top LP companies is the founder of a large listed company whose capital contribution is to let their son exercise at the bottom of the fund. In the VC Circle, the seemingly unknown investment manager around you may go home to inherit the family business one day.

The second generation after 85 takes over Hailans home

Will inherit 30 billion businesses

Behind the home of Hailan is a legendary entrepreneurial story.

Zhou Jianping made a lot of money when he stepped on the right time. Three years later, the annual sales of the third wool mill successfully exceeded 100 million yuan. In the same year, Zhou Jianping formally established Jiangsu Sanmao group, with a total assets of 5.5 billion in 1996, more than 5000 employees, and an annual production and sales of more than 1 billion yuan, which successfully ranked among the top 5 textile industry.

In 2002, Zhou Jianping went to Japan for market investigation. During his stay in Japan, he was deeply impressed by the variety of Japanese clothing brands, the popular price, and the optional purchase mode of mass selling. After returning home, Zhou Jianping launched this clothing sales model for mass consumption in China and established Jiangyin Hailan home Clothing Co., Ltd. In September of the same year, the first store of Hailan house, Zhongshan North Road store in Nanjing, opened a new page in the history of Chinese clothing marketing.

In April 2014, Hailan home was listed on the back door successfully and officially landed in the capital market. In more than ten years, Zhou Jianping created the largest clothing enterprise in China with a market share of 4.7% in the mens wear industry for six consecutive years. He invited famous stars such as Jay Chou and Lin Xinxin as spokesmen of the brand. According to the third quarter financial report of Hailan home, during the reporting period, the companys revenue scale has reached 11.78 billion yuan, with a net profit of 1.29 billion yuan.

At the age of 60, Zhou Jianping finally handed over his son Zhou lichen, 32, the Hailan Empire, which he built from scratch. On November 26, Hailan home announced that Zhou Jianping resigned from the position of chairman, director and chairman of the strategy committee of the board of directors for personal reasons. After resignation, Zhou Jianping will not hold any position in the company. At the same time, the company elected Zhou lichen, the son of Zhou Jianping, as the chairman of the eighth board of directors and a member of the strategy committee, and Zhou lichen served as the chairman of the Strategy Committee for a term ending on the expiration of the eighth board of directors.

Meanwhile, according to the announcement, Zhou Jianping signed the equity transfer agreement with Zhou lichen and Zhou Yanqi (the daughter of Zhou Jianping). After the transfer, Hailan group is still the controlling shareholder of Hailan home, holding 40.88% of the shares. Zhou Jianping, Zhou lichen and Zhou Yanqi hold 28%, 27% and 5.9% shares of Hailan holding respectively, and Zhou Jianping is still the actual controller of the company.

Affected by this news, the stock price of Hailan home rose slightly on the 26th. Today (November 27) morning opening price was 6.69 yuan. As of the press release, the market value of Hailan home exceeded 28 billion yuan.

At the founding meeting of the new board of directors, Zhou Jianping, 60, and his son, Zhou lichen, the next leader of Hailan family, hugged and handed over their duties. My son is better than me, Zhou told the meeting! I believe and firmly believe that Zhou lichen will not disgrace his father and his fellow countrymen. Zhou lichen vowed: live up to our youth, our youth, our enterprises, and create more brilliance together.

32 year old successor

As a successor, Zhou lichen had planned his own life.

Unlike most of the second generation founders, Zhou lichen, born in 1988, does not have the label of overseas returnee or studying abroad for further study. After graduating from Tsinghua University in 2010, in order to broaden his horizons and accumulate contacts, Zhou lichen once hid in Chinas VC / PE Circle and joined Zhixin capital, an equity investment fund company in Shanghai.

The investment community has learned that Zhixin capital was founded in 2006 by Li Shujun, the former CFO of Shanda. It has always been active in the forefront of Chinas venture capital industry. It has invested in well-known enterprises such as meituan, new oxygen, ape guidance, mushroom street, Wework, Yuewen group and Hailan home.

Among them, the injection of Wework is one of the most eye-catching moves in recent years, to rescue it in the fire. In September of this year, Wework announced that Wework China had obtained additional investment of US $200 million from Zhixin capital. After the investment is completed, Zhixin capital will become the controlling shareholder of Wework China. At the same time, the management team of Wework in China has also made corresponding adjustments. Jiang Yueping, partner of Zhixin capital operation, is acting CEO of Wework China. This also means that Wework China is fully localized.

The relationship between Zhixin capital and Wework China can be traced back to July 2018. At that time, Wework China raised $500 million from Softbank, Temasek, Zhixin capital and Hony investment, with a valuation of about $5 billion. In January, the news of Chinas equity purchase between China capital and the wall street was disclosed.

After accumulating investment experience in Zhixin capital, Zhou lichen returned to the headquarters of Hailan group in 2012 to open the way of succession and successively took over the advertising department, information center, commodity center, e-commerce and other departments. He was nominated as the sixth director of the board of directors of LAN Hai Chen in 2015. Two years later, Zhou lichen, who was 29 years old at that time, was officially appointed as the president of Hailan group. He formally went to the management front desk and took on the management responsibility of Hailan Empire. Zhou Jianping also wrote four words for his son: make contributions.

During this period, Zhou lichen started LP (limited partnership) with strong capital background and previous accumulated investment experience. In Jiaxing ruiyong investment partnership (limited partnership), Zhou lichen holds 9.97% of the shares and is the second largest shareholder. The investment community has learned that the above-mentioned company is one of the management funds of Shanghai Ruisheng investment (hereinafter referred to as: Ruisheng capital).

According to tianyancha app, Ruisheng capital was established in 2006, focusing on investment in different stages of enterprises in the fields of medical health, cultural consumption and intelligence, and has invested in ape man technology, Delma electric appliances, Yingji coffee, etc.

The second generation of secret in VC

The investment manager around you has come home to inherit the family business

In addition to mens Wardrobe, Hailan home also has an unknown business, doing investment.

In September this year, a news about Hailan home investing in semiconductors exploded rapidly, which led to a sharp rise in the share price. Subsequently, Hailan house quickly clarified that it has nothing to do with kaihuakang company, and Hailan home has no plans to invest in the semiconductor industry in the near future..

Although it does not invest in semiconductors, it has realized the cross-border from industry to finance for a long time. In 2007, Hailan group established Jiangyin Hailan Investment Management Co., Ltd., which is specially responsible for private equity investment. It mainly focuses on financial enterprises such as banks and securities, resource-based enterprises, new energy, environmental protection and energy-saving enterprises, and industry leading enterprises.

Nowadays, the second generation in the industry has gradually formed an indissoluble bond with VC / PE. Recently, Chen Qingshuis family, founder of Yinlu, is about to buy back Yinlu peanut milk and Yinlu canned Babao porridge from Nestle group. This also brings to the surface Chen Chaozong, the son of Chen Qingyuan, the second generation of mysterious creation.

Different from the conventional phenomenon of family succession in Fujian business circles, Chen Chaozong did not enter Yinlu group, but engaged in investment. In addition to his own fund investment projects, the post-80s young man also started LP. Sky eye check APP shows that Chen Zhaozongs affiliated companies exceed 30, are nuts and capital, seven wolves venture capital, Kai Cheng capital and many other executives and shareholders, and one of its affiliates is one of LP, a well-known local venture capital company.

Another more well-known case is Wang Sicongs Pusi capital. According to Tianyan survey, its investment scale has exceeded 3 billion yuan, and has invested in more than 40 projects such as Lele tea, dewu and Xiaoguo culture. A VC firm in Shanghai told the investment community (wechat ID: pedaily2012), many of our investment managers are second-generation, with abundant resources and funds, good family background and hard work. Such a phenomenon is not rare in VC industry, the rapid pace of venture capital and the richness of work content make many young people willing to get experience from it. LP, a local venture capitalist, provides the right conditions for its next generation to go to the organization to exercise, and the following is to create its own VC career or to go back to the industry after training. Therefore, the seemingly unknown investment manager around you may one day go home to inherit the family business. Source: editor in charge of investment: Chen Hequn_ NB12679

Another more well-known case is Wang Sicongs Pusi capital. According to Tianyan survey, its investment scale has exceeded 3 billion yuan, and has invested in more than 40 projects such as Lele tea, dewu and Xiaoguo culture.

A VC firm in Shanghai told the investment community (wechat ID: pedaily2012), many of our investment managers are second-generation, with abundant resources and funds, good family background and hard work. Such a phenomenon is not rare in VC industry, the rapid pace of venture capital and the richness of work content make many young people willing to get experience from it. LP, a local venture capitalist, provides the right conditions for its next generation to go to the organization to exercise, and the following is to create its own VC career or to go back to the industry after training.

Therefore, the seemingly unknown investment manager around you may one day go home to inherit the family business.