Start-up stage [2001-2003] Achieving success through hard work
■ In 2001, China officially joined the WTO and also succeeded in application of Olympic Games holding; in addition, “Ningbo Janhike Industry Co., Ltd.” was established in a residential office apartment in the plastic trade market with the registered capital of RMB 1.5 million;
■ In 2002, the company worked hard under conditions of insufficient funds and limited staff, the gradually adapted to the market and gained a firm foothold in the plastic trade industry;
■ In 2003, the company’s sales amount was over RMB 100 million; it established its first branch company in Yuyao plastics city and the registered capital was increased to RMB 3.5 million.
Foundation solidification stage [2004-2007] Development and growth, and gathering strength
■ In 2004, the company moved to the “Post Office Building” from the apartment building, and its staff number was increased to 10, thus realizing the first “leap”;
■ In 2005, the company selectively and temporarily suspended further expansion of ABS, PS, and other markets, and concentrated human resources and financial resources on development of PE and PP markets, which has gained development and returning beyond expectations. The annual sales amount has exceeded RMB 1 billion and the registered capital was increased to RMB 5 million;
■ In 2006, the staff after 80s entered the company; the company’s market covered the whole Zhejiang and its influence expanded to the whole east China;
■ In 2007, the company’s sales amount was over RMB 3 billion; the team cohesion had an unprecedented rise, and the registered was increased to RMB 10 million.
Transition in 2008 Financial Storm [ 2008] Resisting the pressure and realizing “curve beyond”
■ 2008 is an extraordinary year, the Beijing Olympic Games, the Wenchuan earthquake, and the global financial storm occurred;
■ In early 2008, Janhike Industry and Trade Company firmly implemented the first operation agency adjustment; divided the original plastics business department into three parts, and set up the PP undertaking department, LDPE&LLDPE business department and HDPE business department. After that, it performed resource integration and employment to these three business departments. After six months’ adaptation, the company’s fighting capacity has been greatly improved.
■ On September 15, Lehman Brothers applied for the bankruptcy protection, thus the crisis officially out broke and spread. Within 3 months, WTI crude oil price was rapidly reduced to USD 42 from USD149, which was a great calamity to Janhike Company with plastics trade import as its main business. During this period, a countless number of peers have collapsed, but Janhike company has resisted the pressure; won the “storm” and turned crises into opportunities: With counter attack at the beginning of 2009, the company has saved the losses in the crisis and won high-quality resources when competitors are overwhelmed, thus grabbing opportunities for the next “leap”;
■ Though the company has suffered the first annual loss since the establishment due to 2008 financial storm influence, its sales amount has hit a record high and entered into Ningbo top 50 foreign trade enterprises.
Rapid development stage [2009-2012] Taking the advantage of the opportunity and making booming development
■ In 2009, with the rapid recovery of macro economy, the annual sales amount reached RMB 5 billion, thus entering Ningbo top 30 foreign trade enterprises. In addition, it was moved to Zhenhe building from the postal office building in August, thus realizing the second “leap”. The registered capital was increased to RMB 20 million;
■ In 2010, the company’s talent number was increased to 50 people, and it newly set up “Ningbo Santure Chemical Co., Ltd.”, thus the company has entered a new stage of development;
■ In 2011, the company started the establishment of “Janhike group”; established “Ningbo Janhike Investment Management Co., Ltd.” and scheduled the establishment of “Janhike building”;
■ In 2012, “Janhike Investment Group Co., Ltd.” was formally established with the registered capital of RMB 200 million. “Zhejiang Janhike Petrochemical Co., Ltd.”, “Zhejiang Janhike Rubber Co., Ltd.” and a number of subsidiaries were established, and the group staff number was over 100.
Solidification and strengthening stage [2013-2016 (plan)] Foundation solidification and transformation and upgrading
■ In 2013, the group implemented the second business agency adjustment; changed the main business departments to the subsidiaries for operation, and further enhanced the independent operation capacity of the business team, with an annual sales amount over RMB 8 billion. It has been included into Ningbo top 30 foreign trade enterprises for five consecutive years and obtained formally the land ownership of “Janhike building”;
■ In 2014, “Janhike building” which is self-built by the group was officially started; the “commodity research department” was formally established, and the businesses have booming development. To be continued.