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Entrepreneurship is a characteristic of organizations, not just individuals.

Fighting in the business world and riding the wind and tide, the legendary stories of Chinese entrepreneurs always make people's blood boil.

Wang Jianguo, born in 1960, caught up with the initial budding and rhythmic era of China's economy. He founded Five Star Appliances and competed with home appliance retail giants such as Suning and Gome. Then, at the peak of his business career, at the age of 49, he chose to retreat bravely and sold Five Star Appliances, which was worth billions and was in the midst of explosive growth in the industry, to Best Buy in the United States. He said that every industry has cycles. When you feel the best, look for the second parabola. There are many reasons for selling Five Star Appliances, but more of them are because the market has changed, consumers have changed, and home appliance chain retail has encountered a turning point. "When a company encounters a development bottleneck, it will be very difficult to make a decision, but choosing a new path is sometimes more important than working hard on the old path, and it requires more courage."

So, Wang Jianguo, who was over 50 years old, started all over again and founded Wuxing Holding Group. On the one hand, he did "industry incubation", studied different ways of playing in different business fields, and created different business models and different brands. On the other hand, he combined the advantages of the industry to make empowering investments.