Born among businessmen, the first President of Mongolia is the founder of “Jenko Group”. He owns Bayangol Hotel and Meat Impex.
H. Battulga, the founder of the kingdom called Jenko, was born in the spring of 1963 as the middle son of a man named Khaltmaa in the industrial district of Ulaanbaatar. Khaltmaa, who is popularly known as a wrestler, has seen five states: Autonomous State, People’s Revolution, Socialism, and Democratic Government. He was adopted into a family and went through all kinds of hardships, so he trained his two sons in the same way. by installing.
Since Battulga was the tireless boy of the team, since the 4th grade, he used to punch holes in the “Nu pogodi” wolf and rabbit on his friends’ t-shirts and make them study instead. He used his mother’s sewing machine to adjust his school uniform, and when he custom-made 5 pairs of pants, he used to trade the material of one pair of pants to earn cash on hand. He was also a good-natured boy who picked nuts from the mountains and sold them at a reasonable price.
She had hobbies of painting and sewing and did not pay much attention to her studies. Therefore, it is said that the class teacher agreed to enter the Fine Arts class and passed the exam. So, at the age of 16, the youths of the Bank 84 family apartment near the secondary school of visual arts began to beg for money in groups. Although at that time he was giving his pocket without hesitation, Battulga continued to attack the atamans one by one and took them down, but he insisted on fighting the police.
However, seeing that their fight was for “Freedom” in the school and in the city. had a good time. As a result, Tulga’s father took his son to teacher Namshir to enroll him in the wrestling section, and the teacher said, “Your son is a person who can wrestle in clothes.” This was the foundation for him to start judo samba and become a famous athlete. He showed himself to be a good athlete by winning bronze, gold and gold medals from the national samba championship and gold from international competitions. So, in 1982, after graduating from school, he was appointed as an artist in the committee of the craftsmen’s union.
In 1983, after winning the gold medal at the World Championship held in Kyiv, he raised the flag of his country, and became known as Mongolia. His younger brother Battuul also continued to achieve success in the continent and the world as a freestyle wrestler. He didn’t stop trading as he went abroad to compete. When he became the world champion in 1983, L. Enebish, who was the head of the Sambo wrestling association, gave him a 4-room apartment in the 11th district, and he received it 5 years later. During this time, of course, he had a wife and children.
One day, a friend who studied in Germany told him that Mongolian 20 banknotes were going up in price. He invited his Polish friend living in Warsaw to go to Eastern Europe with 100 banknotes. It was during this time that he actually experienced the 30 hardships of hunger, thirst, and spending the night outside in the human land. He went to Poland but couldn’t find his friend’s house. After asking someone he knew, Tanja asked to stay one night with Bataa, the son of Molomzhamts chief, but he was forced to stay for two nights, and because he was clearly feeling the pressure, he stayed there for three days.
By the time he went to his friend in Magdeburg, Germany, the bill business was over, and Battulga’s only struggle for survival had begun. Because I don’t have money for the ticket to go back, so I decided to work for 30 years to earn the return expenses. A friend who studied there worked as a salesman at a new kiosk opened by a Westerner with a long queue of customers. That boy kept numbering Battulgi, and when it was his turn, he kept his boss’s eyes open and threw him something to eat.
But it didn’t last long and his friend lost his job due to his master’s behavior. So he made a living by drawing portraits of people sitting on the street for 10 stamps. At that time, the World Cup was taking place, so the West German wrestler, who was wrestling with him, decided to try it out. So he talked to his friend and told the truth about his bravery and asked to borrow 10,000 Deutsche Marks. Then the German came that day with 10,000 Deutsche Marks in his arms.
On the other hand, Battulga felt a lot of profit from the official exchange rate of East and West marks and the xap market exchange rate, so he got rich with 40,000 deutsche marks in a few days by exchanging his deutsche marks with Mozambicans working in the East German meat factory on a 1:1 basis. The German friend was surprised and amazed when he gave me the same amount of money as a reward for paying back the 10,000 borrowed within 7 days. Once he had money, he went to Hanover and saw the concert of Pink Floyd and returned to his country. When he came to Mongolia, his daughter was born. He has experienced enough that he is nobody without money for three months, so he decided to give up sports and go back to business.
In 1992, he sold more than 100,000 dollars, which is two years’ worth of trading income, to the Russian police. “Jenko” is a word that means “General company” or head company. Although the company was established, there was no financial possibility to start any kind of production. So, he borrowed 10,000 dollars from Gantumor of “Het” and started trading cameras between Singapore and Beijing. Instead of selling the camera in Mongolia, it was a good time and money saving move to sell it in Beijing.
It is clear that the Chinese also bought a camera that costs 12 thousand dollars in the store for half the price. But soon, many Mongolians started carrying cameras, which caused the price to drop and the deal to close. So, he started a business in Mongolia with a specific plan and looking for the idea to bring regular profits, he hired a hairdresser, established a taxi base, and created the well-known “Millionaire” lottery. Until 1996, he did only money-making work. He was also lucky that his friend N. Zoljargal, one of Mongolia’s best economists and the former director of the stock exchange, gave him a good understanding of the secondary market of securities, which was an eye-opener. That’s why they started collecting shares of “Bayangol” and “Ulaanbaatar” hotels.
At that time, Sh. Otgonbileg, who was the director of Erdenet, came and met. “Sell Ulaanbaatar’s to me,” he promised enough money. after all this, “Jenko” company managed to own 50% more shares of “Bayangol” hotel. Along with Battulg’s achievements, there were many mistakes. Below is what he revealed about the 17 containers of xep. One day, the guys from “Jenko” came to Battulga and asked for 300,000 dollars, suggesting that there is a profitable business that will make a million dollars in just seven days. At that time, it was a high-profile alcohol trade.
Despite Battulga’s reluctance, Usshhoorch “put 300,000 dollars on the table after warning them to be careful.” Soon after bringing in 17 containers of alcohol, they were arrested by the police. The eight young men who carried out the deal, Xopigdcon and his younger brother Battuul, along with a young man named Bayaraa, were killed. It is indisputably true. Because of this, the alcohol trading gangs tried to suppress “Jenko” and take Battulgi to the shop in connection with the crime, so he was forced to pay three taxes.
While in captivity, Interpol went to Tibet for pilgrimage and stayed in places like Hong Kong for about 6 months. His body was abroad, but his mind did not leave his country, so he finally called the police authorities and said, “I’m here.” As soon as he got off the plane, he was detained for 72 hours, and the tapes were found to be fake and customized, and the attempt to kill him failed.
When he participated in the tender for the privatization of Khan Bank, he agreed with the management of the Russian “Alfa” bank to participate in the privatization, but he lost the large Mongolian bank to the Japanese in anticipation of a victory. In general, he believes that the entry of foreigners into the banking and financial markets will have a direct impact on national security, so he has become a pioneer in many fields of Mongolian business because of his view that a Mongolian should be the owner.
For example: the first amusement park, the first supermarket “Sapporo”, the photo studio “Konica”, the Chinggis statue complex located in Tsonjin, the Great Maidar, etc. Also, in 2006, on the 800th anniversary of the establishment of Great Mongolia, he gave shares of “Jenko Tour Bureau” JSC to children born in the year. He is currently working as the fifth President of Mongolia with a firm position and purpose that Mongolians should be united by the principle of defeating one by physical strength and defeating many by emotional strength.