Duan Yongping joins American citizenship

Now, OPPO and vivo may be familiar to everyone, but many people may not know Duan Yongping. Let me first introduce Duan Yongping, the founder of OPPO and vivo. Duan Yongping is from Jiangxi Province. He graduated from the Radio Department of Zhejiang University, a famous Chinese university. After graduating from university, he studied for a master's degree at Renmin University of China. Duan Yongping created two well-known brands, Subor and BBK, and OPPO and vivo are both subsidiaries of BBK.

After 2001, Duan Yongping has retreated behind the scenes at BBK. In his own words, "I only return to China twice a year to attend the board of directors of BBK." Duan Yongping actually controls "BBK" as an investor. At the same time, Duan Yongping immigrated to the United States.

Duan Yongping once spent three million to have lunch with Buffett

Buffett is a famous American investment businessman. Because of his unique investment vision, he is known as the stock god. Duan Yongping once paid $620,100 for the opportunity to have lunch with Buffett. The business website eBay auctioned the opportunity to have lunch with Buffett. Of course, dining with the world's top businessmen in investment is not a waste of money, and Duan Yongping is not that stupid. According to Duan Yongping, during this meal with Buffett, he exchanged skills and wisdom on accumulating wealth, and was more influenced by his wealth, values ​​and outlook on life, which is a priceless treasure for domestic entrepreneurs. After receiving Buffett's guidance, Duan Yongping began to buy NetEase stocks at a price of about $1 at the end of 2001. On October 14, 2003, NetEase's stock price soared to $70. Duan Yongping's stock market value doubled 50 times in more than a year. That year, Forbes listed him on the rich list, ranking 71st with assets of 1 billion yuan.

OPPO is not designed for Chinese people

A reporter from NetEase Finance interviewed Duan Yongping. During the interview, the reporter asked about the relationship between OPPO and vivo and BBK. Duan Yongping replied that BBK is the parent company, and OPPO and vivo are subsidiaries. In other words, OPPO and vivo, which are currently popular in the domestic mobile phone market, are brothers, and they all belong to Duan Yongping.

When the host asked about the positioning of OPPO mobile phones, Duan Yongping said that the OPPO mobile phone brand has been designed since 2000. If you want to create a brand that goes international, you can't use the BBK brand to go international because the brand name is Chinese.

But when it came to the OPPO brand. Duan Yongping specially invited European designers, spent a lot of money and time. Because he was worried that foreigners would not be able to read it smoothly, he also did pronunciation tests for people from different countries, and finally decided on the OPPO brand.

Duan Yongping bluntly said that the OPPO brand was not designed for Chinese people. So the OPPO mobile phone advertisements we see now are very high-end and full of international flavor.

Support domestic charity

Although Duan Yongping has joined the American nationality, he still supports domestic charity and education.

In September 2006, Duan Yongping donated 30 million US dollars to Zhejiang University to support education.

In 2006, Duan Yongping won the opportunity to have lunch with Buffett online for 620,100 US dollars.

On May 14, 2008, Duan Yongping donated 3 million US dollars to the earthquake-stricken areas in Wenchuan, Sichuan.

In December 2009, Duan Yongping donated RMB 7,600,791 to his alma mater, Zhejiang University.

In February 2010, Duan Yongping and his wife donated 30 million US dollars to Renmin University of China.

In April 2010, Duan Yongping donated another 3.5 million RMB to his alma mater.

In January 2011, the "2011 University Alumni Donation Ranking" was released, and the "double alumni" of Zhejiang University and Renmin University of China topped the list with a donation of 447 million.

Summary

Duan Yongping is a very successful Chinese businessman. The only thing that people criticize is his American citizenship. Some netizens say that it is everyone's freedom to become an American citizen, while others say that becoming an American citizen is a sign of being unpatriotic. Many entrepreneurs and businessmen choose to become American citizens after they become successful. This is already a very common phenomenon, so we won't comment too much.