Wang Jianyi Net Worth is$790 Million
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Wang Jianyi Net Worth: Wang Jianyi is a Chinese entrepreneur who has a net worth of $790 million. Wang Jianyi entered the billionaires' club as the founder and chairman of the Zhejiang-based Futong Group, one of the largest manufacturers of fiber optic cable products in China, as well as a key supplier of cable to some of the country's biggest telecoms, including China Mobile, China Unicom and China Telecom. Wang owns 80% of the private company whose great performance earned him a place among billionaires in 2012. As a matter of fact, the company's revenue went up by 45% to $1.4 billion (8.73 billion yuan) in 2011, a rising trend that continued in the first half of 2012. In that period, there was a 13.2% rise in revenue to $690 million (4.3 billion yuan). Subsequently, net income also grew by 30.5% to $37.5 million (2.33 billion yuan). A graduate of the Zhejiang University of Technology, he set up Futong Telecommunication Materials Co. in 1987. By 1993, the company started manufacturing fiber optic cables. With more than 5.000 employees today, it generates $1.4 billion a year in sales. Business aside, Wang is a member of Chinese People's Political Consultative Conference.
Wong Lo Kat (Chinese: ?????????), now known as Wanglaoji in mainland China, is a Chinese tisane, and one of the most popular herbal tea drinks in China.


"Wong Lo Kat" is the Cantonese transliteration of its name in Chinese characters. Wong Lo Kat originated in 1828 during the Qing Dynasty in Guangdong (Kwangtung) and Guangxi (Kwangsi) provinces of China, founded by a doctor Wong Chat Bong (simplified Chinese: ???ae? 1/2 ???; traditional Chinese: ???ae 3/4 ????; pinyin: W??ng Z?(C)b??ng). Because the Wong family was the inventor of tisane brewing in southern China, the brand is synonymous with this type of drink. The recipe has been passed down through multiple generations to today's tea culture.
In around 1949, the Chinese government began seizing private companies and all associated assets. Wong Lo Kat's descendants established operations in Hong Kong, whilst all assets in Mainland China passed to a government-owned subsidiary.
After the foundation of the People's Republic of China, Wong Lo Kat (pronounced "Wanglaoji" in Mandarin) in mainland China has been owned by the government.
"Wanglaoji"'s trademark right holder, Guangzhou Yangcheng Pharmaceutical (??????? 3/4 ????????,?), whose name was later changed to "Guangzhou Wanglaoji Pharmaceutical Co., Ltd." (???????????????????,?ae??????????,), a subsidiary of the state-owned Guangzhou Pharmaceutical Holdings Limited (????????>>?????????ae??????????,), licensed the right to use the "?????????" trade mark to Hong Kong Hung To Group Co., Ltd. (???ae,???>>?????????ae??????????,), who marketed the Wong Lo Kat product in red cans, meanwhile the 250ml green carton version has been produced by Guangzhou Pharmaceutical themselves.
In 1997, Hung To Group and Guangzhou Pharmaceutical signed a trademark license agreement. Hung To Group had legally gained the right to use "?????????" and, its subsidiary, JDB Beverage Co., Ltd. (?? ????(R)???(R)ae??ae??????????,; aka. Jiaduobao) had been the producer of th

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Wang Jianyi Latest News

Chinese probe Sinopec president Wang

The China Central Commission for Discipline Inspection (CCDI) named Wang Tianpu, an oil industry veteran and president ... In recent weeks, FAW group chairman Xu Jianyi, Baosteel vice-president Cui Jian, a general manager at China National Petroleum ...
Posted: April 27, 2015, 7:26 am

Global presence

"Together, we show Chinese art as a whole, in a free and vigorous manner." Long before China's official debut in 2005, a dozen mainland artists including Wang Guangyi, Geng Jianyi and Fang Lijun participated at the 45th biennale's themed exhibition in 1993.
Posted: May 31, 2013, 1:30 am

Man detained for fatal school stabbing attack

Police say he approached Wang Zhenyu, a 9-year-old third-grader, and stabbed him in the head with a pair of scissors. Kang Guimei (left), wife of Yang Jianyi, is overcome with grief as she learns of the death of her husband on Tuesday. [Guo Guoquan/ For ...
Posted: January 16, 2013, 11:21 pm
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