Yu is short for Henan province. So the term “Yushang”, on behalf of local businessman in Henan and those from Henan province that are doing business elsewhere, refers to Businessman native to Henan province. We think of Yushang as its realistic significance, a group taking up almost half of the abrasive industry, whose style of doing things, state of the mind and something deeply rooted in their culture reflects the features exclusively to abrasives industry.
Among the thirty four provinces in China, to be objective, some don’t have a good impression on people’s mind, including people in Henan, where most practitioners in abrasives industry are from. This may cause many people to feel unpleasant and some might even be irritated.
We don’t concern about whether the impression is true or not, however, we’d like to remind those who keep arguing excitedly that some special factors possessed by the group. For example, the commercial gifts, just like a seed with vitality that can sprout and spread rapidly like a legend as long as there are abundant supplies like resource, policy and fund. You might feel it’s a bit of exaggeration or ignore it for other reasons. However, in an era of changes, they are actually turning into a new rising group in business, which is worth learning.
According to statistics, there are more than 450,000 overseas Henan locals, mainly in the U.S, Canada and Australia, over sixties countries in total. In Romania, seventy percent overseas Chinese being Henan natives, among which most are from Kaifeng and Zhengzhou; there are over 6000 corporations founded by Henan natives, more than ten of them possessing an assets of more than a billion; In Guangdong province of China, Henan natives have founded 9,200 companies independently; In Xinjiang autonomous region, one out of five Xinjiang natives come from Henan. Especially in recent years, relying on the advantage of rich mineral resources, a large number of Henan businessman doing abrasives trade emerge and expand nationwide.
Henan Huanghe whirlwind Co., Ltd is China’s biggest diamond manufacturing base, whose output takes the first place in China and lead the world. “Whirlwind” brand series products enjoy a good market in Japan, America, Europe and many developed countries as well as south-eastern markets. Another example is Henan SF Diamond Co., Ltd. Established in 1997, it has now turned into the numbered PVD manufacturer in China and the world with complete production line as well as international standards.
This group, as we see, turns out to be a great member of traditional commerce civilization. Their endeavors and struggle is the prerequisites for the rising of abrasives industry, as well as the best testimony for Henan province advancing to success. iAbrasive report.
For more information, please visit www.iabrasive.com