Zhang Shiping Net Worth is$3.5 Billion
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Zhang Shiping Net Worth: Zhang Shiping is a Chinese businessman who has a net worth of $3.5 billion. He has acquired most of his wealth as a shareholder and chairman of China Hongqiao, the country's fifth-largest aluminum-products maker. Due to poor market conditions, the group was publicly listed in March 2011 raising $817 million. Ever since its formation in 1994, China Hongqiao has transformed in a large aluminum-processing company that employs 31,872 people. The group, along with its subsidiaries, is now run by Shiping's son, Zhang Bo, who serves as the CEO. Mr. Shiping also holds shares in Weiqiao Textile, where he and his daughter Zhang Yanhong sit on the board. As stock prices for his two listed companies went higher, Zhang Shiping has seen his net worth increase by over $1 billion from a year ago. Married with three children, he currently resides in Binzhou, China.
Zhang Shiping was a merchant from Zhongshan during the late Han Dynasty period of Chinese history. Impressed by Liu Bei, he and Su Shuang sponsored Liu so he could have the funds to recruit a large troop of followers around 180.
In Luo Guanzhong's historical novel Romance of the Three Kingdoms, Zhang and Su Shuang supplied Liu Bei, Guan Yu and Zhang Fei with horses, money, and steel for making weapons. Liu's forces were preparing to fight the Yellow Turban rebels at the time.

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Zhang Shiping Latest News

China Hongqiao : ·Continuing Connected Transactions -Factoring Agreement

Chongqing Weiqiao is owned as to 55% by Weiqiao Chuangye Group, which is in turn held as to 31.59% by Mr. Zhang Shiping, an executive Director and controlling shareholder of the Company. Therefore, Chongqing Weiqiao is deemed as a connected person of the ...
Posted: January 17, 2017, 4:00 am

A List Of China's Super-Rich, And Their Stories

He is worth 32.8 billion yuan ($5.33 billion). Zhang Shiping is the chairman of Shandong Weiqiao Group, which owns power plants. Zhang Shiping and his family own a total of 48.79 percent of Weiqiao, with a net worth of 30 billion yuan ($4.88 billion).
Posted: May 7, 2013, 11:19 pm

China Hongqiao : ·Further Delay in Despatch of The Circular

As at the date of this announcement, the Board comprises eight directors, namely Mr. Zhang Shiping, Ms. Zheng Shuliang, Mr. Zhang Bo as executive directors, Mr. Yang Congsen, Mr. Zhang Jinglei as non- executive directors, and Mr. Chen Yinghai, Mr. Xing ...
Posted: February 3, 2017, 5:47 pm
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