Li Xin Hua (Li Tan Hoa) gave up his police career to revive his family’s business, bringing the company through 3 major shocks to list with a value of nearly 7.8 billion yuan (nearly 1.1 billion yuan). billion USD).
Li Xin Hua was born in 1975 in Henan, China. Although born into a family with a business tradition, Li Xin Hua has a passion for the police profession.
Therefore, Li Xin Hua took the entrance exam to Henan Provincial Public Security College and People’s Public Security University of China. After graduating, Li Xin Hua did not care about the family business and continued to pursue her passion, so she applied to become a local police officer.
However, in 2003, at a time when Blue Sky Gas encountered many difficulties in business, even facing the risk of bankruptcy, Li Xin Hua had to abandon his passion and return to manage Blue Sky Gas under the direction of Blue Sky Gas. arranged by his father Li Wanzhi, Chairman of Blue Sky Gas.
Li Xin Hua had to give up her passion to revive her family’s business and achieve success.
In 2006, Li Xin Hua’s father suddenly died of a brain hemorrhage. At that time, Li Xin Hua was only 31 years old, and was forced to take over leadership.
Blue Sky Gas’s path to success encountered many “thorns”. However, thanks to Li Xin Hua’s sharp leadership, Blue Sky Gas successfully overcame three major shocks, becoming one of the largest oil and gas companies in China.
The first shock is due to adverse market impacts. The second shock is related to management issues within the company. The third shock originates from fluctuations in the macroeconomic environment. All of these shocks put Blue Sky Gas’s business operations at risk of serious decline.
Facing these challenges, Li Xin Hua always maintains faith, searches for appropriate management strategies, and leads the company through the “storm” to achieve its current success.
Since taking office, Li Xin Hua has carried out strong reforms in the enterprise, consolidating more than 20 original subsidiaries into 4 specialized groups and 2 independent companies, helping to improve efficiency and capacity. enterprise competitiveness.
In addition, Li Xin Hua actively promotes transformation, enterprise upgrading, enhances technological innovation and brand building, making Blue Sky Gas stand out in the natural gas business in China. Quoc.
Thanks to that, Blue Sky Gas successfully won the right to build and operate the East-West Gas Pipeline in South Henan (China), and signed an annual gas supply contract of 1 billion m3 with the Group. China National Petroleum. This has laid a solid foundation for the development of Blue Sky Gas.
Thanks to outstanding developments, Blue Sky Gas was listed on the Shanghai Stock Exchange on January 29, 2021. As of the close of trading on December 17, 2023, the total market value of Blue Sky Gas is 7.725 billion yuan (nearly 1.1 billion USD).
The outstanding achievements of Blue Sky Gas have brought Li Xin Hua a huge fortune, successfully being named on the Hurun Rich List in 2021, 2022, 2023 with a fortune of more than 422 million USD (more than 10,000 billion VND). copper).
Li Xin Hua’s story is a legend full of struggle and diligence. With his market insight and unique business strategy, he led Blue Sky Gas to achieve a spectacular transformation from a local business to a publicly listed company.
(Theo NDB)
