Billionaire Profile
Cheng Xue
Global Rank
#1519

Image: XIAOYU TANG | CC BY-SA 2.0 | via Wikimedia Commons

Cheng Xue

CEO, Soy sauce
CHINA
Real-Time Net Worth
$2.721B
Estimated based on Soy sauce stock value as of March 6, 2026
+4.01% (24h)
Age
55
Source
Soy sauce
Industry
Food & Beverage
Citizenship
CHINA

Biography

Cheng Xue, a prominent figure in China's business landscape, is a highly successful executive known for her strategic acumen and leadership in the food and beverage industry. As of 2026, her net worth is estimated to be $6.5 billion, largely derived from her significant stake in Foshan Haitian Flavoring & Food Co. Ltd, a leading condiment manufacturer. Her career, marked by a nearly thirty-year tenure, includes pivotal roles such as Vice-Chair and CEO, showcasing her deep understanding of the company and the industry. Her rise to the top has earned her recognition, including being listed on Forbes China's list of “100 Outstanding Business Women” in 2024.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Career Beginnings

Cheng Xue's career began in 1990 when she joined the Hai Tian Soy Sauce Factory, which later transformed into Foshan Haitai Seasonings Company. Her initial foray into the business world involved participating in a stock subscription, acquiring ownership of fifteen thousand shares. Her strategic thinking and business acumen were evident from the start, helping her to establish a strong presence within the company as it grew. As the company developed, so did Cheng Xue's influence within it.

Rise to Success

Cheng Xue's dedication and skill led her to become the Vice-Chairwoman and CEO of Foshan Haitian Flavoring & Food Company, one of China's largest condiment manufacturers. She has served in pivotal roles within the company, including Director of Corporate Planning and Vice President. Under her leadership, the company has become a leader in the food and beverage industry. In September 2024, Cheng Xue was appointed as Chairman of Haitian Flavoring, succeeding Pang Kang.

Key Business Strategies

A key element of Cheng Xue's success has been her focus on strategic growth and innovation. With a deep understanding of consumer needs and market trends, she has guided the company to achieve significant financial milestones. Her deep understanding of consumer behavior and market dynamics has allowed the company to adapt and thrive. By the time Haitian went public, Cheng Xue's holdings amounted to 10.09%.

Philanthropy

There is no direct information available about Cheng Xue's specific philanthropic activities. However, as a prominent business leader, it is common for individuals like her to be involved in charitable initiatives, whether through direct donations, supporting various causes, or participating in community projects.

Career Milestones

1990

Joined Hai Tian Soy Sauce Factory

Began her career within the company.

1995

Company Restructure

Hai Tian Soy Sauce Factory transformed into Foshan Haitai Seasonings Company.

2012

Vice Chairman

Ascended to vice chairman of Foshan Haitian Flavoring & Food Company.

2024

Chairman

Appointed as Chairman of Haitian Flavoring.

Philanthropy & Social Impact

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Unknown

Undisclosed

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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