Billionaire Profile
Liu Fangyi
Global Rank
#1753

Image: 猫猫的日记本 | CC BY-SA 4.0 | via Wikimedia Commons

Liu Fangyi

CEO, Medical equipment
CHINA
Real-Time Net Worth
$2.396B
Estimated based on Medical equipment stock value as of April 21, 2026
+0.02% (24h)
Age
0
Source
Medical equipment
Industry
Healthcare
Citizenship
CHINA

Biography

Liu Fangyi is a prominent Chinese entrepreneur and the founder and chairman of INTCO Medical Technology Co., Ltd. His source of wealth stems from his leadership in the medical equipment industry, specializing in disposable medical consumables like gloves, wheelchairs, and gauze. Liu's career began with studies and trade in the United States from 1989 to 1999. Returning to China in 2000, he spearheaded joint ventures and contributed to establishing two publicly listed companies. In 2009, he founded INTCO Medical, which went public on the Shenzhen Stock Exchange in 2017. His innovative approach to intelligent manufacturing has positioned INTCO Medical as a global leader, earning him several awards, and a net worth of $2.5 Billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life

Liu Fangyi, also known as Frank Liu, was born in China. From 1989 to 1999, he studied and engaged in trade activities in the United States, gaining experience in global markets. He returned to China in 2000 to pursue joint ventures.

Rise to Success

In 2009, Liu founded the predecessor to INTCO Medical in Zibo, China, focusing on intelligent manufacturing within the medical sector. This led to the company's successful listing on the Shenzhen Stock Exchange in 2017. Under Liu's guidance, INTCO Medical expanded into a global high-tech enterprise focused on medical devices and consumables. He has since become a key player in China's healthcare manufacturing sector. INTCO Medical experienced significant growth during the COVID-19 pandemic due to increased demand for medical gloves.

Key Business Strategies

Liu's primary business venture is INTCO Medical Technology (SZSE: 300677), a major supplier of disposable medical gloves, wheelchairs, and gauze. He has focused on R&D innovation and efficient supply chains, contributing to the company's expansion and success. He also founded Intco Recycling, a separate company focused on recycling plastic foam.

Philanthropy

In 2016, Liu and his wife Wang Ping established the Myhome Community Volunteer Philanthropic Foundation, donating $11 million to help senior citizens volunteer for community services. Liu's company, INTCO Medical, also integrates social responsibility into its development strategy, supporting education, rural revitalization, and other public welfare projects.

Career Milestones

2009

Founded INTCO Medical

Founded the predecessor to INTCO Medical in Zibo, China.

2017

INTCO Medical IPO

Led INTCO Medical to a successful IPO on the Shenzhen Stock Exchange.

2025

Pharmaceutical Industry Outstanding Contribution Award

Awarded for his contributions to the pharmaceutical industry.

Philanthropy & Social Impact

Community Service

Myhome Community Volunteer Philanthropic Foundation

$11M

Pledged $11 million to the Myhome Community Volunteer Philanthropic Foundation in China's Hubei Province.

Business Philosophy & Leadership

Leadership Principles

Integrating Social Responsibility

Liu Fangyi integrates social responsibility into his development strategy, supporting education and rural revitalization.