Therefore, BBK was not a company owned by Duan Yongping alone from the beginning, which was very rare for Chinese companies at that time.To some extent, when BBK split its business in three different directions into three companies in 1999, Duan had already completed the handover.In order to prevent capable employees from leaving because they have no sense of belonging to the company, Duan has been using equity incentives in the company.At that time, because most employees and even BBK executives did not have enough cash to acquire equity, he even offered to lend money to these people to help them buy shares. File: /home/bq60o9f5vzd9/public_html/wikizero.com/index.php Duan Yongping is convinced Tim Cook didn’t have a clue who he was when they first met a couple years ago. Within less than 6 years, he set the business empire and created a very famous brand in Chinese community: Subor (Xiao Ba Wang; Chinese: 小霸王). File: /home/bq60o9f5vzd9/public_html/wikizero.com/application/controllers/Main.php BBK is no longer used in smartphones, only in e-study kit.In the early days, when all three companies were called BBK, they shared each other’s offline dealers. Even geeks who are interested in digital technology may know only Lei Jun, founder of Xiaomi, and Ren Zhengfei, founder of Huawei. At the beginning, the company only had 20 workers including himself. The former head of BBK, who was in charge of three different businesses, became the CEO, of three independent new companies and held a certain stake.In 2001, under the matchmaking of Duan Yongping, the three BBK companies jointly funded the registration of the BBK Education Electronics Company and BBK Communications Company are headed by Huang Yihe and Shen Wei, respectively. In my free time I play golf. These seven brands originated from the same boss. 08. Although Chinese smartphones have gained some market share overseas, most foreign consumers may not be familiar with the founders of Chinese mobile phone brands. He was granted the title of China’s God of shares in the first World War. The combined net worth of the 2019 class of the 400 richest Americans was $2.9 trillion, up from $2.7 trillion in 2017. Duan Yongping (Chinese: 段永平; pinyin: Duàn Yǒngpíng; born 1961) is a Chinese entrepreneur, electrical engineer, and philanthropist.He is the founder of both the Subor Electronics Industry Corporation (also the former CEO) and BBK Electronics Group (also the current Chairman). Duan's net worth was estimated at $1.5 billion, according to the 2018 Hurun China Rich List. In my free time I play golf. Subor, which belonged to another state-owned enterprise at that time, suffered a loss of about 2 million yuan due to poor management.Duan saw the popularity of Famicom in markets such as Europe, the United States and Japan, and had a keen intuition that the game console market in mainland China was about to explode, so he decided to let Subor transform the production of game console products.Next, there is the Subor Famicom Clone we mentioned above.Back in 1995, Duan Yongping made a request to Subor’s parent company for shareholding reform, but the request was rejected by the parent company.This made Duan realize that no matter how good he is, he will always be a professional manager at Subor. But as the three companies developed independent brands, they began to compete fully with each other.What these companies have in common now is that they all had Duan Yongping’s participation in their founding period, and Duan Yongping still owns shares in it. In 1960, during a difficult period of three years, the days of Jiangxi Taihe and Duan … Vivo. Duan was acutely aware of the changes in the industry and finally chose to continue his studies. In 1989, he joined a company in Zhongshan and became the CEO later. He graduated in 1988 with a master’s degree in economics.The dual academic background of technology and economy laid the foundation for Duan Yongping’s success after that.In 1988, Duan Yongping came to Guangzhou from Beijing and joined Subor. Within less than 6 years, he set the business empire and created a very famous brand in Chinese community: Subor (Xiao Ba Wang; Chinese: 小霸王).

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