What are the characteristics of the new generation from the internal business to the "financial man"?


What are the characteristics of the new generation from the internal business to the

Author: Chen Yifan, Shen Yiran, Li Xiuli

If Alibaba's 36 partners represent the top of the Ali family, the following lists may be of interest in Ma Yun's heritage: Zhang Yong, Zhao Ying, Zheng Junfang, Tong Wenhong, Shao Xiaofeng, Hu Xiaoming, Jing Xiandong and Cheng Li.

For the Ali department, Ma Yun's role has not yet faded out, and the list may leave out more important people, but from the changes Ma Yun's company has made, these names will undoubtedly have a bearing on the future of the Ali department.

On Sept. 10, Ma Yun issued an open letter saying that one year later, on Sept. 10, 2019, the 20th anniversary of Alibaba, Ma Yun will no longer be chairman of the board of directors of Alibaba Group, and the current CEO of Alibaba Group, Zhang Yong (Xiaoyao Zi), will take over as chairman of the board. Ma will fully cooperate with Zhang Yong to prepare for the organizational transition. After September 10, 2009, Ma Yun will continue to serve on the board of directors of Alibaba Group until the annual shareholder meeting of Alibaba in 2020. Ma Yun said he had been preparing for the abdication for 10 years.

Emerging new generation

In fact, looking back on Alibaba's closely related enterprise departments - "Zheng", "Jun" and "Yun" have undergone personnel adjustments. After Ma Yun retired, several key figures of Ali's "new generation" surfaced, including Zhang Yong, Zhao Ying, Zheng Junfang, Tong Wenhong, Shao Xiaofeng, Hu Xiaoming, and so on. Jing Xiandong and Cheng Li.

According to the Tian Eye Examination, the center of the "Zheng" enterprise is Hangzhou Zhengxi Investment Management Co., Ltd. (hereinafter referred to as Hangzhou Zhengxi). Hangzhou Shengxi has two shareholders, namely: Hangzhou Shengzhen Investment Management Partnership (Limited Partnership) and Hangzhou Shengqiang Investment Management Partnership (Limited Partnership). The legal representatives of these two limited partnership enterprises are Hangzhou Zhen Yue Enterprise Management Co., Ltd. The shareholders of "Zhen" can be traced back to five natural persons: Zhang Yong, Zhao Ying, Zheng Junfang, Tong Wenhong and Shao Xiaofeng. Zheng Junfang is the legal representative of Hangzhou Zhen Xi Cci Capital Ltd.

In the investment territory of Hangzhou Zhen Xi, there are 4 enterprises, all holding 100% holdings. The four enterprises are Hangzhou Ali Technology Co., Ltd., Ali Cloud Computing Co., Ltd., Zhejiang Tianmao Network Co., Ltd. and Hangzhou Alibaba Venture Capital Management Co., Ltd.

The legal representatives of the latter two enterprises are Zhang Yong, and the legal representatives of Hangzhou Ali Technology Co., Ltd. are Xue Siyuan and Ali Cloud Computing Co., Ltd. are Hu Xiaoming.

The 4 companies have also undergone changes in the near future. The first change took place in Zhejiang Tmall Network Co., Ltd. On January 10, 2018, Xie Shihuang and Ma Yun withdrew from the ranks of shareholders of Zhejiang Tianmao Network Co., Ltd. and took over by Zhenxi of Hangzhou. Zhang Yong became the legal representative and director of Tianmao on December 26, 2016, while Lu Zhaoxi withdrew.

On May 23, 2018, Hangzhou Ali Technology Co., Ltd. - Ali's mother's legal representative changed from Zhu Shunyan to Xue Siyuan. On the same day, the enterprise type changed from the original natural person investment or holding limited liability company to non-natural person investment or holding limited liability company, Ma Yun and Xie Shihuang Withdraw from Hangzhou.

Ali Cloud Computing Company also changed its legal representative from Zhang Yong to Hu Xiaoming on May 5, 2017. Feng Yunle was added as supervisor in the senior management in 2018. On July 16, 2018, Ma Yun and Xie Shihuang withdrew from the shareholders'ranks and became wholly owned by Hangzhou Junxi.

The change of senior management from Junzi company mainly revolves around two people, one is Ying Xiandong, the other is Cheng Li. On July 2, 2018, Zhang Yi resigned as director of Ant Golden Clothing and changed to Cheng Li. On May 18, Jing Xiandong succeeded Peng Lei as legal person of Ant Golden Clothing. According to the public material, Peng Lei is the superior of the supervisor, and Cheng Li is subordinate to Jing Xiandong.

Jing Xiandong worked in Guangzhou Pepsi Cola Beverage Co., Ltd. From 2007 to 2009, he served as senior financial controller and vice president of finance of Alibaba group. In September 2009, he joined Alipay as chief financial officer. In October 2014, the ant financial services group was formally established. In June 2015, he served as president of Ant Golden Wear. He is currently CEO of Ant Golden Wear and has been chairman of the company since April this year.

Cheng Li, who joined Alipay in 2005, is responsible for the planning of the various technical structures and the construction of the basic technology platform. He belongs to the small and micro gold clothing group to share the platform technology department of the platform business group, and the superior supervisor is another partner, Jing Xiandong, who currently owns the ant gold clothing CTO.

On the relationship with the group, according to Tian Eye, in addition to Ant Golden Clothes, Cheng also served as senior executives of six companies, including Beijing Ant Cloud Financial Information Service Co., Ltd., Ant Golden Clothes (Hangzhou) Network Technology Co., Ltd., Ant Golden Clothes (Chengdu) Network Technology Co., Ltd., and Hangzhou Ant Core Technology Co., Ltd. Shanghai wind news Mdt InfoTech Ltd, Shanghai Shang Yun Fei Liu Information Technology Co., Ltd. He also serves as the shareholder of Hangzhou Jun'ao Equity Investment Partnership (Limited Partnership) and Hangzhou Junji Equity Investment Partnership (Limited Partnership).

Internet Co financiers

Among these key figures, executives with financial and financial backgrounds account for half of the total. From finance to business, it seems that Alibaba's leadership has grown through a path of growth. Cai Chongxin, executive vice-chairman of the board of directors of Alibaba, and Ying Xiandong, president of Ant Gold Suit, are both "financially educated".

According to the retrospective data, Zhang Yong, Zhao Ying, Zheng Junfang and Hu Xiaoming all have financial accounting background, and most of them have been CFOs. Many of them worked in accounting firms before joining Alibaba.

Zhang Yong, the successor to Alibaba announced by Ma Yun, joined Alibaba in August 2007 with a bachelor's degree in finance from Shanghai University of Finance and Economics. His first job in Ali was as Chief Financial Officer of Taobao. Before that, he served as a Nasdaq-listed online game developer and operator of Grand Interactive Entertainment. Earlier, he served as senior manager of auditing and corporate consulting at PricewaterhouseCoopers in Shanghai.

Zheng Junfang, a Hangzhou Shenxi legal representative and now chief risk officer of Alibaba Group, holds a bachelor's degree in accounting from Northeast University of China. Before joining Alibaba in 2010, she was an auditing partner at KPMG. In an interview with a reporter from China Quality Daily, she once said that years of experience in auditing and finance would make her pay special attention to the logic behind problems. For example, if you find what kind of product has a high complaint rate, you will put it in a large system to sort out, and eventually find the source of the problem. In addition, the financial background will make her more rigorous, any decision will be more cautious. When to say "no", make a fair and careful decision.

Zhao Ying, the current president of Alibaba's globalization division and vice president of Ant Financial Services Group since May 2013, graduated from the accounting department of Tianjin University of Finance and Economics with a master's degree. Before joining Alibaba Group in 2005, she served as financial director of an electric control product manufacturer and senior financial director of Yahoo China. From October 2009 to April 2013, Zhao Ying served as vice president of Taobao, Tmall and Ali's mother. She once said that the company had cultivated her awareness of "doing business in finance". "Only by understanding the business, can we clearly understand the source and distribution of each budget, in order to do the best allocation of funds for the company."

Hu Xiaoming, who has a bachelor's degree in finance from Zhejiang University since November 2014, served in China Construction Bank and Everbright Bank before joining Alibaba Group.

Experience of building business from zero

In the vast ecosystem that Alibaba has evolved over the past 19 years, new generations of changes have focused on the areas of electricity, logistics, finance, cloud computing, and information security. Among them, most of them have the experience of internal entrepreneurship, and start new businesses from scratch, including Tong Wenhong, who is the first to set up a rookie network, Hu Xiaoming of internal entrepreneurial Ali finance, Shao Xiaofeng from scratch to build Ali B2B platform, Taobao C2C platform and Alipay payment platform, responsible for Tmall business, and create double 11 Shopping Festival. Zhang Yong of high speed engine.

Since 2013, Tong Wenhong has taken the lead in setting up a rookie network. She has served as Chief Operating Officer, President, Chief Executive Officer and Non-Executive Chairman successively. Tong Wenhong, who is fully responsible for the operation of the rookie network, is also the director of Yuantong Express. As a rookie network operator, Tong Wenhong has a unique set of women's management experience: "Express companies are very ambitious, will make very impulsive decisions because of the tone of contention," and women's advantage is "focus on the problem, not to contend for that tone."

Before joining aliyun, Hu Xiaoming started his own business in Alibaba and founded Ali finance, which is regarded as the prototype of domestic Internet + finance. In an exclusive interview with Titanium Media, Hu Xiaoming, then president of Aliyun, stated why he was president of Aliyun because he was a continuing entrepreneur within Alibaba. When Aliyun is in its early stages, it may take an entrepreneur mentality to do this; second, he knows how to coordinate the parallel development of business and technology, although not a technician; and third, he fought with Aliyun in the earliest years of Aliyun Finance to learn more about Aliyun. At the 2008 Cloud Qi Conference, Hu Xiaoming said that Alibaba will fully enter the Internet of Things, IoT is the new main track of Alibaba Group after e-commerce, finance, logistics, cloud computing.

Before becoming CEO, Zhang Yong was Taobao's chief operating officer and general manager of Taobao Mall. In 2011, Taobao Mall became the president of Tianmao after becoming an independent business Tianmao. As Chief Operating Officer of Alibaba Group since September 2013, he is fully responsible for the operation of Alibaba Group's domestic and international business. As the future leader of Ali, Zhang Yong once talked about Ali's course: "In the past two years, we have made great strides in our development, from a familiar e-commerce company, completely transformed into a big data-driven, e-commerce, finance, logistics, cloud computing, entertainment scenarios, generating data and using data to feed the industry back." A data company.

Inside Ali, Zhang Yong is thought to be "the man who changed engines on the highway and replaced the tractor with the Boeing 747." Zhang Yong also spoke openly about Ali's goal of $1 trillion GMV by 2020, serving 2 billion consumers worldwide, 10 million profitable small businesses and creating 100 million jobs by 2036. In an interview with China Entrepreneur in June 2018, Zhang Yong said, "Fortunately, we are in an industry that everyone pays close attention to. Business is the closest to money. Everyone wants to enter this industry, cash in or start anew. In the business world, competition has never stopped and competition has never stopped. What are the advantages? You must wake up all the time, and you must sleep with your eyes open.


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