Yan Jiehe: from business tycoons to billions spent nearly 20 years-2

10 billion from the venture to become rich, Yan Jiehe spent the past 20 years. 1986, 26-year-old Yan Jiehe secondary school teachers left the post to the local state-owned enterprises as temporary workers. The following year, martial law through open competition by a local contractor of township enterprises, venture began. However, he has come from the real Diyitongjin 1992 Nanjing Ring Road project, when he earned 8 million yuan. In public construction projects have tasted sweet taste, Yan Jiehe decision as a main direction. 2001 Yan Jiehe started the business started on a new level. This is due to have adequate funding, Yan Jiehe began to take a lot of BT mode (Build-Transfer) operation of infrastructure projects: In other words, the first side to the construction of full Dianzi way to carry out infrastructure, the project will be completed Its ownership and operation of power transmitted to the Government and the Government through instalments to repay funds. BT model form for those who are eager to engage in infrastructure, and local governments have no funds to provide a shortcut, Yan began the business of high-speed development.
Mergers and acquisitions before the end of 50 billion yuan state-owned assets: Guotuiminjin think the opportunities are fewer and fewer 2005, Yan Jiehe began his speeding development and over again. From the beginning of the second half of this year within six months, he plans to Jiangxi, Jilin, Guangxi and the three state-owned enterprises in mergers and acquisitions, involving assets of more than 50 billion yuan. In fact, martial law on the acquisition of state-owned enterprises from 2001 began, so far, of the Pacific has acquired 31 state-owned enterprises, with assets amounting to 6 billion. ST listed companies including vertical and horizontal. Yan also told the media that the next few years, the Pacific Group will "in each of the acquisition of a listed company." However, Yan Jiehe, said: "Before a business is a business acquisitions, mergers and acquisitions this year, mainly on package." He said, "We buy state-owned enterprises this year, the intensity so much, is that Guotuiminjin the opportunities are fewer and fewer. "