Collector Xu QimingChu Tianjin reported that he is the world's "salmon king." At the age of 18, he started business in the sea. At the age of 38, the “Xulong Group”, founded by the company, exported 100 million US dollars of squid annually, becoming the world's largest carp farming and processing enterprise.
He is also a well-known art collector. In 1994, he began to get involved in the art investment market. So far, there are more than 200 pieces of ancient Chinese palace art treasures.
Xu Qiming, chairman of Zhejiang Xulong Group, is a cross-border legend of “squid farming” and “art collection”. In the 2014 Hurun Rich List, he ranked 290th with a list of 6.5 billion yuan.
Carrying 73 yuan to start business in the sea
In 1963, Xu Qiming was born in a peasant family in Cixi, Zhejiang. Talking about life in adolescence, Xu Qiming said that he was most impressed by "hungry" and "eat a meal" was Xu Qiming's greatest wish at that time.
Xu Qiming’s family has seven people, parents and grandmothers plus four brothers, and Xu Qiming is the eldest son. Only one father works at home, and his family is poor.
In order to subsidize the family, Xu Qiming and his second brother, who are the eldest sons, have to go to school while going out to work, mainly to sell fish for a living. At the age of 18, Xu Qiming graduated from high school and was introduced to Ningbo Marine Fisheries Co., Ltd., working on “handling and unloading fish”.
After two years of tempering, Xu Qiming, 20, began to think about his own life. "It’s like this every day, and it’s the same in this life.” Finally, one day, Xu Zhiming resigned and resigned. He borrowed 73 yuan from his grandfather, started business in the sea, and started a fish business.
For the first time, Xu Qiming departed from Ningbo and took a boat to Taishan. He carried two bags and bought more than 100 kilograms of fish in the morning. Then he pulled it around Shanghai and sold it in the middle. After half a day, he earned 10 yuan. Since then, Xu Qiming has gone further and further in the aquatic industry. Xu Qiming’s first bucket of gold slowly accumulated.
Until now, Xu Qiming sometimes dreams, dreaming that the whole family will re-sell the fish and sell the fish. The market is not good, and the fish has no one at all. He said: "I don't need to face poverty any more, but I still dream of poverty."
Tactile acumen to achieve "the world king"
In the 1980s, Japanese aquaculture technology was introduced from Taiwan to Guangdong, and the well-cultured Chengdu was also mainly exported to Japan. In 1992, Xu Qiming keenly observed the opportunities contained in the high-end aquatic products at that time, and made a decisive investment. For the first time, he opened a 1000-mu river breeding base in Zhongshan, Guangdong.
In April 1993, Xu Qiming also established Xu's Aquatic Products Co., Ltd., began the large-scale operation of aquatic products trade, and chartered aircraft from Guangdong and Guangxi to traffic crabs and other aquatic products to Zhejiang, which can pack up to 70 aircraft a month. At that time, Xu Qiming’s net assets had reached 100 million yuan.
Since 1995, Japanese catfish consumption has entered a downturn. Xu Qiming felt the changes in the market, and he began to consciously control the scale and actively digest the inventory. In 1997, the sudden Asian financial crisis made the market even worse. In that round of crisis, 80% of the enterprises in the industry went bankrupt, and the Xulong Group survived the crisis because of the early warning.
In 2000, Xu's Aquatic Products Business Department was renamed as China Xulong Food Group, becoming a subsidiary company with 10 subsidiaries and an enterprise group with one-stop industrial chain for the supply and marketing of squid industry. With an annual export volume of 100 million US dollars, it has become the vanguard of the global leading group of squid production and processing industry. Xu Qiming has also won the reputation of “the world’s king”.
According to media reports, the current squid business accounts for 1/3 of Xulong Group's operating income, and the rest is real estate and investment business. In the 2014 Hurun Report, the company's main industry is displayed as: aquatic products, real estate, art collection .
Cross-border to art collection
Xu Qiming’s interest in collecting began in the early 1990s. At that time, Yuyao and Cixi opened highways, and a large number of porcelains were unearthed. Xu Qiming looked fresh. As his interest increased, Xu Qiming felt that the knowledge inside was very big and he gradually became obsessed with it.
After a long time, everyone knows that the squid boss is generous, and then, once people have good things, they will send it to him. Around 1995, foreign squid business partners came to Cixi and Xu Qiming took out the collection. When a friend is surprised, he is also outspoken. If you want to make a bigger move in this line, you must improve the quality of the collection.
In 2000, Xu Qiming began to engage in international large-scale auctions. In 2003, Xu Qiming learned that the New York DOYLE auction company would auction the US ship king heritage, and some of the auctions were the official kiln treasures of the Empress Dowager Cixi. Because of the temporary flight to New York, after arriving at the auction site, even the time for changing clothes was not available, and they dressed in the venue. This image was ridiculed by the New York Times on the second day.
Of the more than 200 collections Xu Zhiming now collects, more than 90% are national first-class and second-level cultural relics, 80% of which come from Christie's and Sotheby's [microblogging] every spring and autumn. In the domestic professional collection magazine, he was positioned as the top ceramic collector in mainland China.