Sun Shuhua, a rich man from Zhoukou: started his business by collecting rags and accumulated a net worth of 1.4 billion. How is he doing now?

Being honest is the way of heaven and people who think honestly are also the way of man. Mencius is a poor representative in the eyes of many people. However, there was a man who made a fortune by collecting rags and became the richest man in Henan. For more than 10 years, he traveled between banks and the government. Using fraudulent loans, he has a net worth of 1.4 billion and is on the Forbes rich list. Eventually the corporate empire he built began to collapse, leading to the end of the gold and silver being dispersed and Lang being imprisoned. Sun Shuhua was born in a poor family in Huainan County, Henan Province. When Sun Shuhua was 12 years old, her parents moved from the county town to the countryside to make a living.

At that time, people in the village thought that Sun Shuhua had made a living by collecting rags in her life. Sun Shuhua didn't care what people in the village pointed at him. He still rides his bicycle every day and collects garbage from door to door. Sun Shuhua's garbage collection is not limited to the village. He also went to nearby towns and soon became a famous "garbage king". After going to the township to collect rags, he saw a business opportunity to make a fortune. Sun Shuhua's county mainly grows cotton, which requires a large amount of plastic mulch. Plastic mulch can be recycled, and when he went door to door collecting rags, he received the most agricultural mulch.

At that time, the local township chief gave Sun Shuhua a suggestion. Sun Shuhua believed that Sun Shuhua could build his own factory to produce plastic films. After all, there is a huge local demand for plastic films and there will be great development prospects. Sun Shuhua naturally understood the benefits, and he had also thought about this idea. However, building a factory is not that easy and requires a lot of money. Although he has made a lot of money in the past few years, it is far from enough to build a factory. Sun Shuhua told the township head that he did not want to build a factory, but he did not have enough funds.

After the establishment of Hualin Group, the plastics factory continued to develop, from a small factory to several medium-sized factories, with annual sales of tens of millions. He has always felt that the growth space of the plastics industry is limited, and he wants to look at other industries to find a good opportunity to make a fortune. He organized several previously established companies into Henan Hualin Group. When Sun Shuhua founded Henan Hualin Group, she claimed that the group's assets exceeded 200 million and it had thousands of employees. But in fact, this group has less than a few hundred employees and no assets exceeding 100 million yuan.