The US economy is recovering, which is a major positive for the hair products companies in our city.

"The name of Xuchang Yufa Jewelry Co., Ltd. may not be known to many people, but in the hair products industry, Du Rongqing is very famous. In the field of e-commerce, he has more to do with his own contribution and development, and to connect the hair products with the Internet. Together." In the interview, a staff member of the Xuchang City Hair Products Association said this.

The reporter learned that Du Rongqing worked in Xuchang Foreign Trade Animal Products Company in 1990. In 1993, the city's foreign trade system selected 20 young university graduates to study international trade at Beijing International Relations College, and six people obtained the certificate of exporter qualification. He is one of them. At that time, he used his knowledge to successfully operate the export business of the first single 30,000 US dollars, which was then passed down as a beautiful talk.

In 1998, Du Rongqing registered Xuchang Yufa Jewelry Co., Ltd., frequently sent information on Yahoo and Google, and also used a B2B e-commerce platform in Shenzhen to do hair product export business. In 1999, Mr. Ma Yun founded the Alibaba Group in Hangzhou. Two years later, Du Rongqing registered a free member of Alibaba and insisted on growing up with Alibaba. At first his company did not produce products, but only placed orders for more than a dozen production companies, and checked the quality. In 2006, he registered the company in the Trade and Industry Bureau with a registered capital of 1 million yuan and increased to 5 million yuan the following year. Benefited from the Internet, starting from hair products. Du Rongqing is the first person to lead the trend in the wig industry e-commerce online store. He is also one of the top ten e-commerce promoters in Henan Province and has been repeatedly commended by the Alibaba Group and the Provincial Department of Commerce. At present, with the help of e-commerce platform, Xuchang Minfa Jewelry Co., Ltd. has a small number of people, but has trade with more than 200 customers. In 2013, the export wigs exceeded 10 million US dollars, ranking among the top 52 foreign trade enterprises in the city.

Hair products are a pillar of our city and a characteristic industry of Xuchang. As an industry expert, Du Rongqing is very optimistic about the prospects of hair products. He said: "People want to pursue beauty, life needs to improve quality, this is the world trend, and wigs just meet this demand. At present, despite such difficulties, Xuchang hair products have developed rapidly in the competition. National hair products The industry is growing at a rate of 10%-15% per year, and Xuchang's growth rate is above 20%. I am full of confidence in the prospects of Xuchang's hair products industry, and the prospects for wig export and e-commerce are more promising." He went on to say: “In October last year, Alibaba Group had a statistics on wig exports. The wig industry has 40,000 single businesses exporting through e-commerce every day, with a growth rate of more than 500%, and 90% of its products are exported to the US. This shows that the US economy is recovering. This is a major positive for the hair products companies in our city."