
There is a Youngor in China
by Ren Binwu
About This Novel
Youngor is the English transliteration of youth, and it is also a gentle name for a company. Youngor was born out of the sudden rise of township and village enterprises, and it also paved a path to glory for China's township and village enterprises. What is described here in the introduction may be just one of thousands of Chinese stories. However, do you want to know this fact? A large enterprise group well-known in China and even overseas, a Youngor company with hundreds of millions of assets, annual sales of 1 billion yuan, and profits exceeding 100 million yuan, which governs more than 20 economic entities, turned out to be a primitive handicraft workshop that was started 15 years ago in the basement of a stage in a small town with 20,000 yuan in resettlement fees for educated youths, each equipped with a ruler, scissors, and a small bench. Its development speed is comparable to that of the Four Asian Tigers.
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