After graduating from high school, Du went to Canada to study at a university, and obtained a Bachelor of Science degree from the University of Toronto at 1968. From 65438 to 0969, he went to the University of California to study for a master's degree and obtained a master of science (biology). Later, following his father's wishes, he continued to study for a diploma in jewelry appraisal in the United States and worked as an intern at the Belgian World Diamond Center for more than half a year.
His father founded Shengfeng Jewelry Co., Ltd. in Hong Kong from 65438 to 0957. He imported diamonds directly from the United States and then processed them, and his business was quite prosperous. The father has only one son, and I certainly hope he can follow in his footsteps. So, in the early 1970s, Du returned to Hong Kong and worked in his father's company.
Under the influence of Chinese and western cultures, Du made his mark in the jewelry industry in Hong Kong. Unlike his father, he is not satisfied with keeping the family business. With his extraordinary entrepreneurial and adventurous spirit, he gradually expanded his family business from the initial single jewelry business to other industries, including real estate, hotels, security, catering and so on. , known as the rising star of the Hong Kong business community.
1979 Du joined Hong Kong New World Group. Speaking of the founder of New World Group, Du admired him deeply. And Du's father are good friends. They have been good friends since the 1950s. At that time, they all belonged to the jewelry industry, and Chow Tai Fook, a famous gold shop in Hong Kong, was opened by Zheng Yutong.
In the mid-1960s, Hong Kong society was very unstable and the real estate market was quite depressed. However, with its unique vision and courage, Zheng Yutong made a decisive investment in Hong Kong real estate and became famous in one fell swoop. Today, New World Group has become one of the four famous real estate developers in Hong Kong. Due to the friendship of the previous generation, our son and Du also studied together since childhood and became good friends.
Zheng Jiachun returned to Hong Kong to work for his family after studying abroad in the early 1970s. Later, with the retirement of his parents, both of them took on the heavy responsibility of the company. Both of them are determined to make the new world brilliant again, and have cooperated for many years, and are praised as "best partners" by the company's top management. At present, he is the chairman of the group and Du is the vice chairman.
As early as 65438+the early 1980s, Du, Du and Du established the New World Hotel Management Company, and set up a private joint venture company at 1990 to invest and buy hotels abroad. At present, the company has more than 80 four-star and five-star hotels all over the United States, Canada, Europe, Australia and other major cities. Among them, there is the famous Mayflower Hotel in Washington, where the swearing-in ceremony of successive American presidents was held. In fact, Du's investment in Shanghai was not "smooth sailing". As early as 1993, when he undertook the first project, he encountered a difficult problem. That year, he was introduced to a piece of land, which was a renovation project of dangerous houses and simple houses in cooperation with the Luwan District Government. The other party's request is to pay the relocation fee plus an appropriate management fee (the operation mode at that time was very irregular). After several rounds of negotiations, he finally contributed10.2 billion yuan to relocate all the land. After signing the contract, Du was very excited, knowing that this was his "first shot" to enter Shanghai. Who knows, a few months later, there was an unexpected bad news. The land said that the relocation fee was miscalculated, which should be 230 million yuan, more than the original budget 1. 1 billion. This is so unexpected. You know, in the 1990s, 1 billion was not a small sum. Du is puzzled. How can this be wrong? Because the amount involved was too large, this incident alarmed the leaders of the district government. At this time, the main leaders of the district came forward to discuss with him. This leader is very reasonable. He said that Du has three options: first, according to the requirements put forward by the local government, pay 1 100 million yuan and continue the project; Second, if we don't do this project, the local government will return Du/KLOC-0.20 billion yuan; Third, go to the local government, insist on not bearing additional costs, and execute at the original contract price, and the difference will be borne by the local government. Because he has a contract in his hand, there is a great possibility of winning the case.
What shall we do? Faced with these three choices, Du was lost in thought. He returned to Hong Kong to report to the board of directors. At that time, the board of directors didn't know much about the situation in Shanghai, so Du was asked to make another in-depth investigation on this project. The first thing is to find out whether there is any calculation error or other reasons, and re-evaluate the gold content of this land. The board of directors authorized Du to have the final decision. In the end, Du felt that the three choices made by the district leaders were in line with the spirit of the rule of law, which greatly increased his confidence in the cooperation of the Shanghai municipal government. So he accepted the first choice and overpaid 1. 1 100 million yuan. Du's practice of "losing money" won him credibility. Afterwards, Du said with deep feelings that in fact, in doing business, we should think more about each other, be willing to make profits, and not haggle over every ounce. Only by mutual benefit can we bring greater benefits to ourselves.
Du said that he is still studying, the society is changing rapidly, and a lot of new knowledge needs to be learned constantly. If he hesitates, he will fall behind. He reads eight newspapers every day now. In his spare time, Mr. Du plays bridge once a week to relieve himself. As long as he is in Hong Kong, every Sunday morning, he will go to the mountains to run, exercise and relax himself in order to get into work in the best condition. Du is full of confidence in the future development of New World China Real Estate Co., Ltd. He confidently said that the New World Group has a good foundation, which was laid by the older generation. As a new generation of the new world, we should make every effort to make the new world create greater glories.