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fast technology reported on september 1 that at the 2024 yabuli entrepreneurs 20th summer annual meeting, chen dongsheng, founder, chairman and ceo of taikang insurance group co., ltd., expressed his insights on entrepreneurship.

he specifically mentioned huawei founder ren zhengfei, calling him a "great entrepreneur" and stressed the importance of continued investment in research and development.

chen dongsheng pointed out in his speech that strategy is the key to business success, and the scarcity of resources requires entrepreneurs to make wise decisions and focus limited resources on core strategies.

he reviewed the development history of chinese commerce, pointing out that in the past, the diversified development of enterprises was due to the need to "grab land and grow wildly", but after making money, they failed to continue to focus on their core businesses and might eventually be eliminated by the times.

he emphasized that one must continue to invest one's core resources in one's main business. ren zhengfei is such an entrepreneur who continuously invests resources in software, technology updates and research and development.

"a great entrepreneur will never feel that he does not have enough money. he will invest the money he earns in research and development to develop the next generation of products."