Zhang Yin: A Beautiful Reversal Of &Nbsp; The Richest Throne.

Recently, financial magazine "new wealth" released the list of new wealth women rich in 2010.

According to statistics, the per capita wealth of the women rich list is 8 billion 200 million yuan this year, which is higher than the new wealth of the new year 500. The wealth per capita of the rich is about 43%, compared with 31.5% last year, reflecting the growth ability of the rich in mainland China.

In the 2009 to 2010 fastest growing 50 people, Zhang Yin jumped from the richest richest person last year to the richest and fastest growing rich, from 2 billion 160 million yuan last year to 34 billion 420 million yuan, and the wealth growth rate reached 1494%.

In the past more than a year, nine dragons headed by Zhang Yin

Two years ago, the global financial crisis struck a heavy blow to the high-speed expansion of the Nine Dragons Paper.

The share price of the company dropped sharply, falling from HK $26.75 to HK $0.71 in the 13 months, or 97.3%.

Zhang Yin's fortunes also shrank sharply. According to the "new wealth 500 rich list" in 2009, Zhang Yin's wealth dropped from 20 billion 320 million yuan in 2008 to 2 billion 160 million yuan, which shrank by 89% and fell the fastest.

In 2009, the Chinese government launched a series of measures to stimulate the economy.

Sensitive Zhang Yin quickly adjusted the policy, implemented exports to domestic sales and other strategies, and continued the stock repurchase before the company, early repayment of part of bank loans and other practices, in order to boost investor confidence.

Jiulong paper not only did not fall quickly in the crisis, but also soon got out of the mire.

The company's share price is also rising.

In December 2, 2009, the Nine Dragons Paper rebounded to a high level of HK $14.58, up nearly 20 times the lowest point.

Zhang Yin's wealth in the past 09 years has also risen, and the speed of wealth growth has also been staggering.

According to the 09 financial year performance report issued by Nine Dragons Paper, the company's profit in the second half of fiscal year (09 January 1st to June 30th) rose rapidly, reaching 1 billion 338 million yuan, an increase of 414%.

After going out of the mire, Nine Dragons Paper must solve the debt table at the bottom of the downturn.

The main way for Jiu Long paper to solve the debt problem is to solve the problem of high debt by placing shares.

In October 28, 2009, Nine Dragons Paper successfully raised 2 billion 800 million Hong Kong dollars through rationing, which marked the end of the debt crisis of the family business.

In addition, Nine Dragons Paper is also actively expanding in response to the opportunities for recovery and other paper competition.

In April 20th, Zhang Yin announced that he spent 8 billion yuan to build fifth of the nine dragons in Quanzhou, Fujian.

After this beautiful "V reversal", we can say that Zhang Yin and His Nine Dragons Paper have entered a new stage.