Billionaire Profile
Liu Fangyi
Global Rank
#1894

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
$2.184B
Estimated based on Medical equipment stock value as of March 6, 2026
+1.77% (24h)
Age
0
Source
Medical equipment
Industry
Healthcare
Citizenship
CHINA

Biography

Liu Fangyi is a prominent figure in the healthcare industry, primarily known as the founder and chairman of Intco Medical Technology, a leading manufacturer of disposable gloves, medical consumables, and medical devices. Born in China, Liu has over 30 years of industry experience. He is recognized for his leadership and innovative spirit, receiving accolades like the Entrepreneurial Leadership Award in 2025. His source of wealth stems from his successful venture in the medical equipment sector, with an estimated net worth of $1.9 billion as of early 2024. Liu's career includes early experiences in trade in the United States and a return to China where he contributed to the establishment of publicly listed companies. He later founded Intco Medical Technology in 2009, which went public in 2017. Liu's commitment to social responsibility is evident through Intco Medical's support for education and public welfare projects.

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

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Liu Fangyi's early life is limited, but it is known that he began his professional journey with over 30 years of industry experience. He studied in the United States and was engaged in trade from 1989 to 1999.

Rise to Success

In 2000, Liu returned to China to collaborate in joint ventures. He contributed to the creation of what was, at the time, the world's largest glove company. Liu's entrepreneurial spirit led him to establish Intco Medical Technology in 2009, specializing in medical consumables and medical devices. The company went public on the Shenzhen Stock Exchange in 2017.

Key Business Strategies

Liu Fangyi's success is attributed to his strategic vision and focus on the healthcare industry. He has effectively allocated resources and identified optimal business solutions, expanding INTCO's global reach. Under his leadership, INTCO Medical has become a leading disposable glove manufacturer and continues to promote intelligent production. He is recognized for his innovation and leadership in the healthcare industry.

Philanthropy

INTCO Medical, under Liu Fangyi's direction, has integrated social responsibility into its development strategy. The company has played a significant role in the global fight against epidemics and promoting equal access to medical resources. INTCO supports various public welfare initiatives, including education and rural revitalization programs.

Career Milestones

2009

Founded Intco Medical Technology

Established Intco Medical Technology in Zibo, China, focusing on medical consumables and medical devices.

2017

Intco Medical IPO

Led Intco Medical Technology to go public on the Shenzhen Stock Exchange.

2025

Entrepreneurial Leadership Award

Awarded the Entrepreneurial Leadership Award for his contributions to the healthcare industry.

Philanthropy & Social Impact

Social welfare

Support for Education and Rural Revitalization

Unknown

INTCO Medical supports education and rural revitalization projects.

Business Philosophy & Leadership

Notable Quotes

""With the rapid growth of enterprises and the global layout experience, Mr. Liu Fangyi elaborated on how to effectively allocate all kinds of resources in the world and find the most suitable business solutions of them.""

Leadership Principles

Focus on Innovation

Continuously integrates enterprise development with national strategies to drive innovation.

Global Perspective

Effectively allocates resources and identifies optimal business solutions on a global scale.

Social Responsibility

Integrates social responsibility into the company's development strategy, contributing to the global fight against epidemics.