MySheen

Zhu Yuwei, chairman of Youjia Industry, delivered a public welfare speech on Hong Junpei Culture and Education Foundation.

Published: 2024-11-10 Author: mysheen
Last Updated: 2024/11/10, (Taiwan Business Daily News) A trumpet of global buying power has been sounded. Hon Hai invested in Sharp and HTC invested in Beats, while Taiwan enterprises went against the current, courageously venturing into advanced countries and technology upstream, buying technology and grabbing brands, in an attempt to expand global strength through mergers and acquisitions. In this wave.

Zhu Yuwei, chairman of Youjia Industry, delivered a public welfare speech on Hong Junpei Culture and Education Foundation.

友嘉实业董事长朱昱维公益演讲:机床经营、创新突破

(Taiwan Business Daily News) A trumpet of global buying power has been sounded. Hon Hai invested in Sharp and HTC invested in Beats, while Taiwan enterprises went against the current, courageously venturing into advanced countries and technology upstream, buying technology and grabbing brands, in an attempt to expand global strength through mergers and acquisitions. In this wave of "M & An escalation", the experience of Youjia Group is worth learning from.

This newspaper and the Hong Junpei Culture and Education Foundation invited Zhu Yuwei, chairman of Youjia Industries, to give a lecture on "Machine tool Operation and Innovation Breakthrough" last Sunday. As Taiwan's largest machine tool group, Zhu Yuwei did not hesitate to share the successful experience of his company.

Zhu Yuwei is the second-generation operator of Youjia Group and the son of Zhu Zhiyang, honorary chairman of the Industrial and Commercial Construction and Research Association of the Republic of China. Zhu Zhiyang has been in the machine tool industry for 30 years and has acquired 39 companies around the world. Compared with its second-place competitor, it is more than three times ahead. As a result, Youjia Group's market influence has become one of the global economic indicators.

Machine tool, also known as working machine, is the necessary basic equipment for industrial production. When the country has a strong capacity in this industry, it can not only make the domestic manufacturing industry do not have to purchase expensive equipment from abroad, but also have the ability to export machinery to earn considerable turnover.

Machine tools have long been classified as a traditional industry in Taiwan, and the assistance from government resources is far less than that from the electronics industry. However, thanks to the callous efforts of nearly one million employees in this industry chain, Taiwan's machine tool output value and export value rank among the top five in the world over the years.

Down the river, there are more than a thousand precision machinery and tens of thousands of downstream suppliers. It is the golden valley of precision machinery in Taiwan, with an employment population of more than 300000 and an annual output value of 900 billion. This is the precision machinery settlement with the highest output value per unit area and the highest density in the world.

Without them, iPhone mobile phones, which are expected to sell 100 million units in the world this year, will soon be cut in half; Google will also have no solar power plants in the desert; the semiconductor and panel industries will face a chain-breaking crisis; and auto parts in Germany and Italy, GM in the United States, Porsche in Germany, Hyundai in South Korea, and the gears of Hyundai Motor in South Korea, as well as China, the world's largest auto market, its mold processing equipment also depends on Taiwan, a precision vertical valley.

Zhu Yuwei says that when Youjia started out as an excavator, he happened to catch up with Taiwan's economic take-off boom. By selling an excavator, he could earn an excavator, so he began to accumulate a lot of capital. However, the threshold of machine tool technology is low, as long as a technician who knows a little about decoration can do it, so Youjia began to find another way out-mergers and acquisitions.

During the Asian financial turmoil in 1998, Taiwan's Liwei broke out in financial crisis. At that time, it lost nearly 1.2 billion yuan and fell into a state of semi-shutdown. After Zhu Zhiyang intervened in the operation, he improved the operating physique and integrated the resources of Youjia Group. Over the past few years, not only did Taiwan's Liwei turn into profits, but Taiwan's Liwei earned more than 3 billion yuan last year, which also made Youjia famous. Therefore, he is more convinced that M & An is the best mode for enterprises to expand their operation scale. In the past 1 or 2 years, they have increased their M & An activities around the world. Until now, from satellites in outer space to submarines at the bottom of the sea, there are parts produced by the machine bed equipment of Youjia Group.

Zhu Yuwei said that in line with the international development trend, the emerging markets actively developed by the machine tool industry are mainly focused on biomedical and green energy industries, as well as intelligent function research and development to increase the added value of machinery.

In addition to developing new technologies on its own, Youjia is also actively developing related industrial chains. From the United States, Italy, Germany, Japan and other mergers and acquisitions, and actively expand China and other related strongholds.

Youjia's M & A philosophy is very special, many acquisitions will choose to eliminate the acquired brands, but Youjia has retained a number of original brands. This is a big secret of Youjia's success, but it is not to retain all the M & A brands, but to choose to retain only the original well-known brands such as Liwei, Takeuchi, SMS and so on. Zhu Yuyang says that the companies bought are more technical and productive than Youjia, and it is actually very difficult to manage them, especially if they have different cultures and different ideas, and there will be differences in management.

In addition, mergers and acquisitions companies have their own history. For example, SMS in the United States has a history of 150 years, Japan has a history of 70 or 80 years, and so is Europe. Therefore, whether it is abroad or Taiwan, Youjia insists that no one should be stationed in the company, which is very different from other people's mergers and acquisitions.

Zhu Yuyang said that Youjia only changes their ideas and ideas and gives them stimulation and direction. In this way, the rest is handed over to professional managers to manage numbers and financial reports.

Hong Junpei Culture and Education Foundation 103 commonweal speech

洪钧培文教基金会103年公益演讲

 
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