On January 5, 2017, Yin Mingshan, who will celebrate his 80th birthday in five days, appeared at the press conference of Wuhan Jinsheng Group's ownership of Chongqing Lifan Salon.
He wore a Chinese mountain suit, black leather shoes, his hair was cleaned up, and when he went on stage to speak, his body was straight and upright, not at all like a nearly senile old man.
Less than 3 minutes of speech, brief and drenched in generosity, and finally he blessed the future of Chongqing soccer:
"Prosperity."
On May 24, 2022, Chongqing Two Rivers Athletic Football Salon made an announcement to withdraw from the
China Super League (soccer league)
League and suspend operations.
Yoon Myung-sun, 84, rushed to the salon at the news, leaving tears in his eyes in the face of the current situation.
After asking the finance officer about the status of salon employees' payroll, he said:
"How can it be closed without a (paycheck)?"
84-year-old Yoon Myung-sun
As the "motorcycle king" and once the "richest man in Chongqing", Yin Mingshan has funded Chongqing soccer for 17 years.
Before 1997, Chongqing did not have a real team in the cutting-edge professional league, that year Wuhan's avant-garde Huandao Salon relocated to Chongqing, Chongqing soccer for the first time there are 10,000 people cheering the spectacle.
In 2000, Yin spent 55.8 million yuan to buy the Avant-garde Huandao Salon and renamed it "Chongqing Lifan Football Salon".
On November 12, amidst the "Rise and Shine" of 40,000 Chongqing fans, Huandao, then named Chongqing Loncin, defeated Beijing 4-1
national security
The team won 4-2 on aggregate
soccer league
Cup Champions, Lifan together at the scene to unveil the first national championship in the history of the Lifan team.
In the same year, Yin also spent 80 million yuan to buy the Chongqing Yanghe Stadium, which was built into Lifan's Yanghe training base.
Lifan was ranked 9th in 2001 and 6th in 2002, in accordance with our
soccer league
Algorithm developed (2002 ranking X 0.5 + 2003 ranking =
China Super League (soccer league)
points), Lifan has a head start on the road to the Super League.
Unexpectedly, the sudden change of the wind and clouds, the results of 2003 Lifan a drop in the last generation of the last round of the A A, but also suffered a "only lose to get into the
China Super League (soccer league)
"The Difficulty.
At that point, in addition to the now ironclad unavailability of
China Super League (soccer league)
of Shaanxi and Bayi, the other spot will definitely have to come between Tianjin and Chongqing. Chongqing team to move forward
China Super League (soccer league)
The sine qua non for this is for Tianjin to lose to title favorites Shanghai International on the road and themselves to Qingdao at home.
In this way, Qingdao
China Super League (soccer league)
The seniority points will then overtake Tianjin, and as Qingdao's ranking rises, Tianjin's ranking will fall. With this difference, Chongqing will be able to take the opportunity to overtake Tianjin. Therefore, although Tianjin's last round away to Shanghai's victory or defeat Chongqing team can not control, but it is necessary for Chongqing team to lose this game against Qingdao team first by themselves.
But it was a crazy time, aiming to shock the champion of the Shanghai International "accidentally" lost 1-2 to Tianjin, and finally "lost the ball into the".
China Super League (soccer league)
"The embarrassment did not happen.
In late 2003, Yin Mingshan bought Yunnan Hongta's for $38 million
China Super League (soccer league)
shell, Lifan "borrowed the shell to return to the soul", became the
China Super League (soccer league)
The entry salon for the meta year.
Just the fact that they're in
China Super League (soccer league)
It's not a good life.
From 2004-2006, Yin Mingshan invested nearly 30 million per year, but due to the salon youth training is difficult to produce good seedlings, and did not introduce good internal and external assistance in the situation, three consecutive years at the bottom of the table, lucky to escape two years of relegation of the Lifan in 2006
China Super League (soccer league)
After recovering from the lift, they became the only relegated team that year.
Despite relegation, Yin Mingshan's investment in the salon was not drastically curtailed, with approximately 25 million invested in each of 2007 and 2008.In 2008, Lifan, under the leadership of Wei Xin, finished with a
soccer league
2nd place status magically kills back
China Super League (soccer league)
repetition of kanji (sometimes voiced)
China Super League (soccer league)
Yin Mingshan raised the investment to 30 million, but it still can't change the team's fate of relegation, known as the "elevator" Lifan, by 2010 in the middle of the country.
national soccer team
The altar against gambling is back again
China Super League (soccer league)
In 2010, Yin Mingshan increased his investment to 50 million, but due to the team's own lack of strength, it ranked 2nd from the bottom of the league and was relegated again, which was Lifan's fourth relegation in 7 years.
Slogan in defense of Chongqing
This relegation on Lifan's impact is huge, due to Lifan's lackluster results, the Chongqing Municipal Government, led by the Chongqing Municipal Bureau of Sports, the establishment of Chongqing Football Salon (Chongqing FC), many of the resources originally belonging to the Lifan tilted to the new team, the most notable example is the home of Lifan was forced to go far away from the Olympic Sports Center to Yongchuan and Fuling.
It was then that Yoon hatched the idea of transferring the team, and over the next few years he invested around $30 million a year.
At the end of 2013, Chongqing FC Salon closed.In 2014, Yin Mingshan increased his investment, splashing 70 million, and Lifan succeeded in another Super League run.
Also in 2014, Lifan Group began to engage in strategic transformation, large-scale investment in new energy vehicles, for economic considerations, Yin Mingshan decided to transfer the Lifan salon.
At the end of 2014, Yin Mingshan transferred the salon to a company called Beijing Huaxia Guorui for the "white price" of 10 million (only 2 million was paid in practice).
Yin Mingshan's only intention is to keep the team in Chongqing.
But as the true nature of this shell company was revealed, the country's
soccer league
The transfer was eventually called off and Yoon took back ownership of the salon.
Wang Jianlin and Yin Mingshan on CCTV's Dialogue Program
In early 2015, Yin Mingshan appeared on CCTV's Dialogue with Wang Jianlin, and for the first time, he also talked about why he transferred the salon.
"When my profit is more than 300 million, take 30 million, small thing, but now when my profit is only 400 or 500 million, if I want to take 200 or 300 million, the burden is heavy, it is not that I don't like soccer anymore, it is not that I am sick of soccer, it is really because I feel that my ability is not commensurate."
In order to keep the team, together with the team in the future to have a good home, 2015 Yin Mingshan paid a huge effort, the annual investment of more than 100 million. 2016, the total investment of the salon more than 120 million, half of which is Yin Mingshan funded, the final team rankings
China Super League (soccer league)
No. 8, smooth
relegate
After that, Wuhan Jingshi Group entered the ownership, bought 90% of the shares of Lifan Salon, the salon was renamed Chongqing Jingshi Lifan Football Salon.
Yoon, who took home $540 million, stepped back but still retained a 10 percent stake in the salon, he said:
"I'm going to have to inform on Chungking City."
In 17 years, Yin Mingshan has dropped 840 million for Chongqing soccer.
"Over the past 17 years, despite the ups and downs, it's always held up. In particular, I've seen that the number of people who are cool with soccer here go from a handful to a majority, from watching it in general to burning with passion, and I think that's the best reward for me."
Yoon Myung-sun was now 62 years old when he funded the soccer.
In 1979, at the age of 41, Yin Mingshan ended his 18-year-long labor reform, after which he worked as an English teacher and a publisher, and later made his first bucket of money by successfully distributing a series of penny books for middle school students.
In 1992, at the age of 54, Yin Mingshan started his motorcycle manufacturing career, which later became "Lifan Motorcycle".
In 2000, Lifan motorcycle with production and sales of 1.84 million units of engines, sales revenue reached 3.85 billion yuan, surpassing Jialing, build and other brands, becoming the first national sales volume of enterprises.
Yin Mingshan, 62, made the 2000 Forbes list of the 50 richest people in China with a net worth of 550 million yuan.
In 2003, Lifan entered the automobile category, began to build cars, in November 2010, Lifan Automobile became the first private car company listed on the A-share market.
After the listing, 72-year-old Yoon said:
"Fan Jin went crazy after he won the lottery, I won't, I'll be calmer."
That year, Yin became the "richest man in Chongqing" with a fortune of more than 11 billion dollars.
Not long after the "richest" halo, Lifan began to fall behind on the road to build cars.
In 2016, the "Lifan new energy vehicle subsidy scandal", 2017, 2018, 2019, Lifan shares for three consecutive years of deductible net profit is negative, 2019 deductible net profit is a huge loss of nearly 4.4 billion yuan.
2020 Lifan situation is worse, high debt, 2021 August Lifan Group bankruptcy reorganization, Geely's Li Shufu finally became the practical control, Yin Mingshan can finally "retirement".
On the day he retired from the Lifan salon, Yin said:
"I have not left Chongqing for 79 years. In Chongqing, I have changed from a pauper to a boss, from a grassroots in Chongqing to a civilized citizen of the city. I love this place very much, and I am willing to do something for the economic construction, culture and education of Chongqing. Also because I love soccer, since I was a child, I love soccer, play soccer, play soccer, so to old age funded soccer. Soccer has given me a lot, gave me a robust physique, my virtual age of 80 years old, how to see how there is no bowed back hunchback well, this is thanks to soccer."
"When I took over soccer, Chongqing soccer was A-A, the equivalent of the
China Super League (soccer league)
, now that I'm handing over the reigns, it's still
China Super League (soccer league)
, I didn't let the city down."
He said he was going to leave the soccer salon in the hands of his family, but the kids didn't have a hobby.
"I am indeed older, originally intended to be the soccer piece to the family, but children's hobbies are often not the same as their parents, so I do not force them to do what they like to do, for example, my son is more interested in racing, he went to do that just go to do it, I do not force them. If my family is as obsessed as I am, then I will definitely continue to do it."
For the last three years, three
China Super League (soccer league)
Teams closing out, discontinuing operations, "share reform" has become a common theme for many Chinese
national soccer team
The salon's "lifeline".
Chongqing Two Rivers Athletic Salon Suspends Operations
Chongqing Two Rivers Athletics announced the closing day, talking about the salon's share reform, Yin Mingshan said:
"No one told me that from the beginning to the end!"
