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Lin Huayou graduated from primary school and became a cobbler. The brand of Oulusha was frequently stolen

Leju Finance 2024-05-17 19:19 11.1w Read

Lin Huayou and his brother hold about 98% of the shares.

Wen/Leju Finance Yang Kaiyue

Many bosses in the household circle are grassroots. However, compared with other self-made bosses, the childhood experience of Lufthansa Chairman Lin Huayou is still more turbulent.

Public data shows that Lin Huayou was born in 1968 into a poor farmer's family. His family had four children, and the burden was not light. Unfortunately, Lin Huayou's father died of illness when he graduated from primary school. Lin Huayou, who graduated from primary school, said goodbye to the school and picked up a hoe to learn carpentry. Two years later, he went to Guangzhou alone to work as a cobbler, and then moved to Hubei and other places to repair shoes, leading a vagrant life for several years.

Until Lin Huayou was 20 years old, in 1988, the decoration of bathroom began to sprout among the people. Lin Huayou perceived the business opportunity of bathroom products, rented a house for others to grow mushrooms in Xinqiao with his second brother Lin Huaping, and began to use a bathtub made of cement. After the hot sale of cement bathtubs, Lin Huayou expanded the production scale again, and added two partners, eldest brother and brother-in-law, with a total investment of more than 300000 yuan, to start manufacturing cast iron bathtubs.

It is reported that in 1993, Lin Huayou's team created an output value of more than 20 million yuan, and by 1995, the output value had reached more than 30 million yuan. In 1998, Lin Huayou and his second brother, Lin Huaping, set up Taizhou Modern Sanitary Ware Co., Ltd. (the predecessor of "Lufthansa") with Lin Huayou as the chairman.

In 2000, Lin Huayou moved the production base to Shanghai as a whole, founded Shanghai Venus Sanitary Ware Co., Ltd., and started the production and sales of sanitary products. Lin Huayou gave his products a pleasant name - "Oulusha". In 2003, Lufthansa Co., Ltd. was incorporated.

Today, according to the public data of Tianyancha, Lufthansa Co., Ltd. (hereinafter referred to as "Lufthansa") was founded in 2003 with a registered capital of 69.9 million yuan, and its legal representative is Lin Huaping, the second brother of Lin Huayou. However, in the equity structure, Lin Huayou holds 49.6914% of the shares slightly higher than Lin Huaping's 48.3% of the shares. Lin Huayou serves as the chairman, while Lin Huaping serves as the director and manager. The two brothers together hold about 98% of the equity, firmly holding Oulusha.

When she became famous, she had her own troubles. Last November, the public account of Lufthansa bathroom disclosed an infringement case. It has been reported that illegal elements frequently embezzle the trademark of Lufthansa for counterfeiting activities, seriously disrupting the market order, damaging the brand image of Lufthansa and infringing the rights and interests of customers. With the cooperation of Lufthansa and the police, on November 9, 2023, a large batch of fake "Lufthansa" manufacturing dens were seized in Shuikou Town, Kaiping City, Guangdong Province, where the products involved shower, hardware faucet, sewage and other products, amounting to hundreds of thousands of yuan.

Important: This article only represents the author's personal view, and does not represent Leju's financial position. The copyright of this article belongs to Leju Finance. Without permission, no unit or individual may use the content of this article on any public communication platform; When reprinting or quoting with permission, please indicate the source. Please send an email to ljcj@leju.com Or click Contact customer service

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