Zhou Xiaoguang started her business career at the age of 65,438+06, selling embroidery rings, embroidery needles and embroidery patterns along the street. As the eldest daughter of the family, she shoulders the heavy responsibility of taking care of 1 brother and 5 sisters. This responsibility on her shoulders dashed her dream of going to college. In the next six years, she traveled more than half of China, and her products were as far away as Harbin and Yichun in Heilongjiang Province.
1985, married Yu, a small embroidery merchant also from Zhejiang. They co-founded Guangxin Jewelry Company in Yiwu, Zhejiang, and developed it into the world's largest manufacturer of artificial jewelry and fashion jewelry. Today, Obligation has gathered nearly 4,000 jewelry manufacturers. The number of employees exceeds 654.38 million+,and the average annual sales exceeds 3 billion US dollars. Among these companies, more than 600 founders have worked in companies in Zhou Xiaoguang.
Zhou Xiaoguang owns 565,438+0% shares of Guangxin Holding Group, with a value of about 650 million US dollars; Her husband owns the remaining 49%, worth about $624 million. In 2008, she entered the Forbes China 400 Rich List for the first time, with a net worth of $65.438+800 million. In 20 12, Zhou Xiaoguang and his wife were listed again with a net worth of $660 million.
Guangxin Holding Group was established in 1995. At the beginning, it was just a low-cost manufacturer of cheap rings, bracelets and necklaces, headquartered in Yiwu City, Zhejiang Province. Now, the group has nearly 1,000 stores all over China, and has recruited 300 designers who can produce hundreds of designs every day. The group formed an alliance with the Austrian luxury brand Swarovski, using the crystals produced by the latter. The group also cooperated with music star Celine Dion to launch a new high-end jewelry product line.
According to the recently published financial report, in 20 1 1 year, Guangxin Holding Group's jewelry sales revenue (besides jewelry, its assets are also distributed in garment accessories, real estate, finance and other industries) reached 1.2 1 billion US dollars (755 million RMB), while the total income of the Group reached 555 million RMB. Compared with the previous year, the company's jewelry sales increased by 77%, but the total revenue decreased by 465,438+0%. The decline in total income is mainly due to the decline in real estate prices caused by the regulation of the domestic real estate market by the China government. However, thanks to the long-term equity investment in a series of real estate development companies and financial service companies such as Jiangsu Xinguangyide Construction and Development Co., Ltd., Zhong Bai Group and AEON Life Insurance, the total assets and shareholders' equity of the company have increased. According to the recently published financial report, as of the end of 20 1 1, the shareholders' equity of the group was 127 billion USD (7.94 billion RMB), much higher than the comparable data in 2009: 732 million USD (4.56 billion RMB).