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Wanlong, in charge of Shuanghui for 40 years, the heir abandoned the elder and established the young, with a profit of 2.3 billion cents and 2.2 billion yuan in half a year. Why

2025-09-11 12:09:24 HKT

Author|Zhouzhou

Editor|Zhiyu

The old man who rings the bell is called Bandung, and he is the one who created and witnessed this miracle.

Back then, he insisted on spending $7.1 billion to acquire this American loss-making company, and he did not hesitate to borrow billions of dollars in loans.

All of this is inseparable from Bandung. Some people say that Wanlong is the god of Luohe and the soul of Shuanghui.

But in recent years, father and son have turned against each other. Shuanghui and Bandung are both controversial due to the decline in performance and the high proportion of dividend funds traveling across the ocean.

01

Workers elected Bandung as factory director.

Bandung has only one idea, that is, we must let the company make money.

The human problem has been solved, but live pigs are not enough. The state guides farmers to not sell them, and the workshop is hungry for slaughter.

Banlong made the decision to increase the purchase price by more than 2 cents per catty. As a result, in the afternoon of that day, all the farmers in the township came with pigs and the meat plant was revived. That year, there was a profit of 8,000 yuan in the account.

When seeing the endless stream of dealers at the ordering meeting, Bandung cried with joy. He won this bet and no longer had to worry about the pork being unsalable.

It was also this year that Shuanghui and several other ham sausages had a price war and came to the Three Kingdoms Kill. The final result was that Shuanghui, who had the king of kings, laughed to the end, and replaced Chundu became the leader in the industry.

02

Gong Ruxin thought of 300 million yuan to replace Shuanghui Trademark Holdings, but was rejected by Bandung and would rather return her 127 million yuan.

Gong Ruxin had to give up. She couldn't bear to withdraw because Shuanghui's golden doll was so fragrant. With a 23% yield, she got 30 million yuan in a year.

The Chairman of the Board is Bandung. The Wan family is actually the actual controller of Shuanghui Development, and it is just a vest of foreign capital.

Maybe it has been developing too smoothly. In 2011, Shuanghui encountered a serious trust crisis.

After the clenbuterol incident, it was on CCTV 315 Gala, and the supermarket's Shuanghui products were removed from the shelves. The 71-year-old Bandung was so angry that he slapped the table.

Wandong's eldest son Wan Hongjian strongly opposed this decision, and he believed that the focus should be placed on the domestic market.

The $5 billion in debt has also been paid off.

It is hard to say now whether Shuanghui's acquisition of the American pig company is correct or wrong. At least this brand has become well-known internationally.

03

As old as he grows, Wanlong is also considering the issue of successor. The boss Wan Hongjian started at the grassroots level, and he has done both workshops and sales. He has a deep affection for Shuanghui development.

The old 2 Wan Hongwei has experience in studying abroad and an international landscape.

Banlong once said that he has no hobbies, he just likes to kill pigs and kill pigs well.

But now, he is more like a capitalist. Especially in recent years, Shuanghui's profits have almost all the benefits. Coupled with the unique equity structure of Shuanghui's nesting dolls, a total of 25 billion yuan of dividends have flowed to overseas accounts.

Bandung is still fighting against capital, competing against the market, and racing against time at the age of 85. His mental state and work attitude impressed countless people.

Reference:

Interface News "War in Bandung"

Dahe Caicun "Bandung: Shuanghui has done four things in the past 40 years"

21st Century Business Forum "Six Monthly Revenue 28.4 billion, Shuanghui's Steady Growth Shows Resilience"

First Financial News "Wan Hong Jianbao Wanlong received a private reward of US$200 million Shuanghui Development has made some worse》

—END—

Picture | Source of the Internet to delete infringement

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