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

For Chinese Women, a Basic Need, and Few Places to Attend to It

BEIJING — Wang Jianyi, 26, was in a huge hurry. She had been riding the bus for three hours. At each rest stop, the line outside the women’s toilet was too long for her to use the restroom. So as soon ...
Posted: October 25, 2017, 8:20 am

Technology Breakthrough Makes Chinese Fiber Optics Entrepreneur A New Billionaire

Wang Jianyi, chairman of China's optical fiber maker Futong Group, has joined FORBES' billionaire ranks with a net worth of $1 billion, thanks to the company's strong business performance. Analysts ...
Posted: March 10, 2013, 5:00 pm

Geng Jianyi, Hao Jingban and An Exhibition about Exhibitions Win the 11th AAC Awards

Yang Fudong and Yu Youhan and the winner was Geng Jianyi after a long discussion among judges. Mr. Wang Huangsheng, a member of the Judging Committee, announced the award and read out Geng’s winning ...
Posted: June 2, 2017, 10:25 am
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