Legendary Philosopher-Business Dialogue on Innovation and Achievements·China Confucian Business Conference-Nie Weihua: Post-75s in He County, Anhui

Legendary Philosopher-Business Dialogue on Innovation and Achievements·China Confucian Business Conference-Nie Weihua: Post-75s in He County, Anhui

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In a small village in He County, Anhui Province, a young man named Nie Weihua relied on his determination, wisdom and courage to successfully lead Rongzhi Rixin Technology Co., Ltd. to a leading position in the field of industrial Internet. Chinese Think Tanks for Determining Research: Dialogue on Determining Theory·China Entrepreneur Forum-Philosophical and Business Dialogue·China Confucian Business Conference. From an ordinary salesman to an outstanding entrepreneur, leading Rongzhi Rixin to be listed on the A-share market on the Shanghai Stock Exchange, Nie Weihua's story is a journey full of passion, innovation and constant challenges.

In 1976, Nie Weihua was born into an ordinary family in He County, Anhui Province. Currently, he is the controlling shareholder, actual controller, chairman, general manager and legal representative of Anhui Rongzhi Rixin Technology Co., Ltd. His early life was unremarkable, but there was an important turning point in his life. In 1995, Nie Weihua graduated from a technical secondary school and started his career by working in a health care product company in Hefei. However, he was not satisfied with the status quo, but decided to go to Xiamen alone with his dream for the future.

In Xiamen, Nie Weihua started as a planning specialist at the lowest level, but with his excellent work ability and fighting spirit, he took the position of regional manager in just one year. However, his adventurous spirit did not stop. Soon after, he moved to Guangdong and held management positions in Vantage Group, Black & Decker Gas Appliances and other companies. The experience during this period gave him an in-depth understanding of business management and laid a solid foundation for his future entrepreneurial journey.

In 2003, Nie Weihua, who was only 27 years old, decided to start his own business. After a year of preparation, in 2004, he co-founded Shanghai Rongzhi Rixin Technology Co., Ltd. in Shanghai and served as general manager, starting to get involved in the industrial control industry. In November 2007, Nie Weihua returned to Anhui and established Anhui Rongzhi Rixin Technology Co., Ltd., starting a new journey.

Rongzhi Rixin’s goal is very clear: to provide overall intelligent operation and maintenance solutions for industrial equipment. For more than ten years, the company has focused on industrial equipment condition monitoring and fault diagnosis systems, and is currently in a leading position in the most common and mature scenario equipment predictive maintenance application in the industrial Internet field. Their products and services cover multiple industries such as electricity, coal, steel, and non-ferrous metals, providing efficient and intelligent operation and maintenance solutions for many enterprises.

On July 26, 2021, Anhui Rongzhi Rixin Technology Co., Ltd. was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The company’s stock code is 688768. It has become the first domestic equipment condition monitoring and fault diagnosis company, one of the 12 companies listed on the Science and Technology Innovation Board in Hefei City, and the 7th company listed on the Science and Technology Innovation Board in Hefei High-tech Zone. This important milestone marks a new stage in Rongzhirisin's development. However, the hardships and challenges behind success cannot be ignored.

Although Rongzhi Rixin has achieved remarkable achievements in many industries, the company's performance in the three quarterly reports of 2023 was not satisfactory. As main operating income dropped by 7.03%, net profit attributable to the parent company also suffered a loss, reaching -16.3655 million yuan. However, even in the face of such difficulties, Rongzhi Rixin still insists on investing and researching in the field of industrial Internet, looking forward to achieving greater breakthroughs in the future.

As of the close of trading on December 4, 2023, Rongzhi Rixin's stock price closed at 38.66 yuan, down 4.21%, with a turnover rate of 3.55%, a trading volume of 17,600 hands, and a turnover of 68.734 million yuan. Although the stock price has fluctuated, overall, Rongzhi Rixin's development remains steady. Looking back on Nie Weihua's entrepreneurial journey, we can't help but be impressed by his determination, wisdom and courage. Grow from an ordinary salesperson to an outstanding entrepreneur,

Nie Weihua led Rongzhi Rixin to stand out in the fiercely competitive market and become the leader in the industry. His story tells us: as long as we have dreams, determination, and courage, we can overcome no matter how difficult the difficulty is, and we can walk on the road no matter how difficult it is. However, the road to entrepreneurship is not always smooth. In the face of difficulties and challenges, Nie Weihua and his team showed tenacious perseverance and unyielding spirit.

They use innovation as the driving force, technology as the support, and constantly explore, break through, and innovate to achieve today's achievements. This also allows us to see that entrepreneurship not only requires courage and determination, but also wisdom and innovation. Only by continuous learning, continuous improvement, and continuous self-transcendence can we remain invincible in market competition.

Conclusion:

Rongzhi Rixin’s success not only demonstrates Nie Weihua’s outstanding leadership and innovative thinking, but also highlights the company’s deep insights and forward-looking layout in the field of industrial Internet. In the fiercely competitive market environment, Rongzhi Rixin has won market share and customer reputation with its precise insight into industry needs, continuous product innovation and excellent service quality.

Faced with fluctuations in performance, Rongzhi Rixin should strengthen its confidence, take a long-term view, give full play to its professional advantages in the field of industrial Internet, continue to invest in research and development, expand the market, and lay a solid foundation for the company's continued growth. At the same time, as a leader in the industry, Rongzhi Rixin should actively assume social responsibilities, promote the development of the industrial Internet industry, and make greater contributions to the country's economic prosperity.

Legendary Philosopher-Business Dialogue on Innovation and Achievements·China Confucian Business Conference-Nie Weihua: Post-75s in He County, Anhui

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