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TTGG Held the Third Reading Circle

Date: 2017-07-24
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      On July 21, TTGG held the Third Reading Circle in Shaoxing, a famous historical and cultural city in China. This event was chaired by GUO Feng, President of TTGG Financial Research Institute.

       HE Xiangdong, President of TTGG, delivered an opening speech. There were changes and challenges before us in private equity investment industry at every moment, he revealed. TTGG, one of the earliest private equity investors in China, has been leading the way through 17 years of trials and hardships. One key reason to this huge success is we have all along been committed to innovation. The engine for TTGG’s innovation is constant learning. It is only through reading that we can adapt to new trend of industry development. In other words, we should devote ourselves to what are good at, doing the best. That is a major subject to improve enterprises’ core competition, as well as the reason why we hold the reading circle.

      It is worth pleased to see that we invited a bevy of heavyweights in this event, including CHEN Guoping, former Deputy Secretary General of, and Director of General Office of, Zhejiang Provincial Government, current Executive Vice President of Academy of Financial Research, Zhejiang University and Chairman of China Association for Public Companies, WU Ge, Executive Partner of Value Fund Inc., and WANG Linjiang, Honorary Chairman of TTGG. Mr. WU learned a lot about investment from personal experiences and real cases. He shared new pattern of China’s default market and solutions to this. Mr. GUO macroscopically analyzed the development trend of economy and private placement industry in the era of deleveraging. Mr. CHEN teased out the ideas of industry development from policies, and proposed valuable suggestions. Mr. WANG taught all of us a vivid lesson from culture.

       This reading circle lasted nearly 1 month from June 25. It has gained great attention of our executives as well as strong support of all staff. During the course, three books are recommended, Holacracy: The New Management System for a Rapidly Changing World, The    Era of Intelligence - Great Data and Intelligent Revolution Redefine the Future, The Most Important Thing: Uncommon Sense for The Thoughtful Investor. Classical books can allow us to see new trend of the era of intelligence, and find a golden key to investment and management. In the circle, 18 representatives from business teams, middle & back offices and subsidiaries shared their own reading comprehension and practical experience with attendees through 3 themed salons. They combined highlights of the books with practice, and delivered many valuable views, provoking deep thought.

      Mr. HE pointed out in the summary speech that we must keep in mind we are in knowledge-intensive industry. Learning is an essential way to improve working ability. Reading gives us the opportunity, guiding the practice well. There is a saying in TTGG that takes small steps, keep moving forward, and go half a step ahead. That said, every player becomes an active learner with good reading habit, and enhances themselves on the ongoing learning and practice process. That is how we can lay a solid foundation for a century-old company in assets management industry.

     

TTGG Held the Third Reading Circle

TTGG Held the Third Reading Circle

TTGG Held the Third Reading Circle

TTGG Held the Third Reading Circle

TTGG Held the Third Reading Circle

TTGG Held the Third Reading Circle

At the end of the reading circle, all staff visited Shaoxing Daxianglin Scenic Area. They were impressed by holy Doushuai Palace, solemn Longhua Temple, and vegetarian diet full of Zen.

This reading circle frees minds of all staff, and enables them to consider industry trend, cross-industry opportunity and business development direction. The collision of thought will ignite new sparks, and bring new dynamics for innovation.

 

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