Guangdong Postal Savings Bank Helps "Double Innovation" Provide Financing and Intelligence Platform

Type：News Update Date：2016-12-18 13:57:38 Share：

The final of the 2016 Postal Savings Bank Entrepreneurship and Wealth Creation Competition has been successfully held. Five teams won the gold prize from 6,470 participants. What secrets did they rely on to succeed? Nandu reporters approached these "dream chasers" to explore their new highlights in entrepreneurship, wealth creation, and innovation.

Serving small and micro enterprises, serving agriculture, and practicing inclusive finance have always been the consistent service philosophy of Postal Savings Bank. Under the support of the Postal Savings Bank Wealth Creation Competition, have the wealth creation pioneers realized their wealth creation dreams? How will the future path of wealth creation be?

Resigning from Public Office to Start a Business: Scholar Starts a Company

As early as the late 20th century, Su Nong, a structural design engineer, discovered during an overseas inspection that the vertical parking industry in countries such as Japan and Germany was quite developed and mature, while the parking industry in China was still in its infancy. Su Nong keenly realized the tremendous opportunities for vertical parking in China.
Upon returning to China, Su Nong left the coveted public office and founded Three Sampu Company. At the beginning of the company's establishment, the leading product was aimed at intelligent mechanical garages. Su Nong, with the help of his old friend from Tsinghua University, Professor He Guangyu, jointly developed a new energy vertical garage and applied for the first domestic patent for a new energy vertical garage in 2010.

Since its establishment, Sampu has developed, manufactured, and installed hundreds of vertical garages, with products covering major cities such as Guangzhou, Shenzhen, Hong Kong, and Macau, and the first vertical garage in several key cities in China (such as Zhuhai, Shunde, Meizhou, Zhanjiang, Jiangmen, Lijiang, Sanya, etc.) being manufactured by Sampu Garage.
From a structural design engineer to a civil servant and then transforming into an entrepreneur in the industrial sector, Su Nong admitted that he was initially ridiculed by friends for being a scholar starting a business. But with enthusiasm and steady progress, Three Sampu Company has gradually developed into the first vertical garage company listed on the New Third Board in South China and one of the largest vertical garage manufacturers in South China.

"Entrepreneurship is a very hard thing. In the process of entrepreneurship, you will definitely encounter many difficulties. The biggest challenge is yourself. First of all, you must not be impetuous and accumulate in life. The process of laying the foundation for professionalism, occupation, and contacts cannot be lacking," Su Nong said when reviewing his entrepreneurial journey.

The Postal Savings Wealth Creation Competition Helps Wealth Creators' Dreams Come True

Today, Sampu Company has a professional technical team composed of several senior engineers and is one of the few companies in China that simultaneously masters the complete set of technology for lifting and horizontal shifting, tower-type, and intelligent storage-type vertical garages. The company's fully intelligent mechanical vertical garage can be built as high as 25 floors.

Sampu Company has achieved certain accomplishments in the industry. With the increasingly prominent issues of parking difficulties, vertical garages are gradually being accepted by the government and society. However, Su Nong noticed that operational efficiency and safety hazards, which investors and consumers are concerned about, have gradually become unavoidable issues in the development of vertical garages.
By leveraging the Postal Savings Bank Wealth Creation Competition platform, more people can learn about and support the development of vertical garages. Therefore, Su Nong carefully prepared for this competition and won the gold medal.
Relevant personnel from the Guangdong Branch of Postal Savings Bank stated that since its establishment in 2010, the Wealth Creation Competition has attracted many entrepreneurial and aspiring wealth creators to participate. The competition plays the role of a connector, booster, and incubator for entrepreneurship and employment, providing tailored services to the participating projects and contestants through policy support, expert guidance, and base incubation, and has become a comprehensive "financing + wisdom" platform.

Regarding the next steps in Sampu Garage's development, Su Nong said that the most important thing is to establish the brand of Sampu Garage and strive to occupy 30% of the market share by the end of the "Thirteenth Five-Year Plan," becoming a true industry leader and fulfilling the historical mission of making parking no longer difficult for the Chinese people. With the support of the Postal Savings Bank Entrepreneurship and Wealth Creation Competition, the entrepreneurial dreams of those with aspirations are gradually becoming a reality. (By Wu Mengshan)
"Entrepreneurship is a very hard thing. In the process of entrepreneurship, you will definitely encounter many difficulties. The biggest challenge is yourself. First of all, you must not be impetuous and accumulate in life. The process of laying the foundation for professionalism, occupation, and contacts cannot be lacking." ——— Su Nong
"The Wealth Creation Competition plays the role of a connector, booster, and incubator for entrepreneurship and employment, providing tailored services to the participating projects and contestants through policy support, expert guidance, base incubation, and has become a comprehensive "financing + wisdom" platform." ——— Relevant personnel from the Guangdong Branch of Postal Savings Bank

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