Entrepreneurs' view

  • Mr. Zhang Daili, Chairman of Red Collar, was born in 1955, and earned the first barrel of gold in his life with his carpentry craftsmanship. He started his own business in 1976 and established Red Collar in 1995. He has always upheld the highest standards of integrity in either his personal or business actions, and highlighted the “upright and customer-focused” business philosophy.

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  • “In the West, rules and frames build trust between family businesses and professional managers. But for China’s first generation private entrepreneurs, the trust is placed with shares in managers. But, does this make enterprises more family-like and private? Are managers owning shares of the company more trustworthy?” A lady with a German face and a classical Chinese name raised this question in a CEIBS Kaifeng CFH seminar, CEIBS, on Mar. 28th. This provoked a heated discussion among the first and second generation entrepreneurs present.

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