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Wenzhou bosses common with family-owned, compared Nan Cunhui is the most unusual places: from the date of the establishment Chint, he vowed to implement stock to "equity release military power." When he was 100 percent of the shares retreated from the current less than 20%, Chint, but in his "subtraction" in the development of Louis Vuitton Bags bigger and bigger.louis vuitton damier azur canvas brooklyn mm n51211 lv bags

In 1991, with friends, co-founder of the "refinement Switch Factory" after the disintegration, Nan Cunhui absorbed brother, brother and other members of the family Louis Vuitton Bags bigger shares, the formation of a typical family business --- Wenzhou Chint Electric Co., Ltd., Nan Cunhui personal account shares more than 60%. By 1993, annual sales income of Chint's more than 5,000 yuan. Nan Cunhui aware edge burst on the scene, Chint order to continue to expand, the need for a transformative change. So, Nan Cunhui take full advantage of Chint this card, take the joint capital expansion. He has 38 companies included in the local arm of Chint, formed in February 1994, a low-voltage electrical industry's first enterprise group. Chint to dozens of shareholders once, and Nan Cunhui personal stake is diluted to 40%.

However, he gradually found in the dark, the Achilles heel of a family business is not to absorb and utilize more and better quality foreign talent, is the first enterprise development resources. By 1998, after several breakthroughs in thinking Nan Cunhui resistance, resolutely decided to weaken the South's family stake in the absolute number of family-controlled group's core layer (ie, the main low-voltage electrical industry) joint-stock reform, to make up the core interests of the family, and equity in the distribution system implemented within the  Louis Vuitton Bags bigger Group, the best distribution of capital to the enterprise of the most talented people. In this way, Chint's shareholders from 10 to more than 100 now, Nan Cunhui share dropped to 20%. Tens of millions of "knowledge" rich man was born. Family of color gradually fade, but in the growing business, Chint has now become assets of 3.0 billion, annual sales exceed $ 10 billion in taxes paid over 5 billion worth of major enterprise groups. In this regard, Nan Cunhui frankly stated: "Sharing is not generous, for entrepreneurs, sharing is a wise."louis vuitton damier graphite canvas president n48190 lv bags