Billionaire Profile
Lyu Yixiong
Global Rank
#2031

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Lyu Yixiong

CEO, Cosmetics
CHINA
Real-Time Net Worth
$2.071B
Estimated based on Cosmetics stock value as of April 21, 2026
+1.27% (24h)
Age
63
Source
Cosmetics
Industry
Fashion & Retail
Citizenship
CHINA

Biography

Lyu Yixiong, the 63-year-old CEO of Shanghai Chicmax Cosmetic, has significantly impacted China's cosmetics industry. His wealth stems from the cosmetics sector. He completed executive management training at the Cheung Kong Graduate School of Business. Lyu is recognized for his leadership in driving innovation, research and development. He has steered Shanghai Chicmax Cosmetic to a successful public offering on the Hong Kong Stock Exchange in December 2022. Lyu is also dedicated to corporate social responsibility, promoting sustainable business practices. His career reflects his business acumen and commitment to societal contributions.

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

Wealth Over Time

In-Depth Profile

Early Life

Lyu Yixiong was born and raised in China. From an early age, he showed a keen interest in business and management, setting the stage for his future success. He pursued higher education and completed executive management training at the Cheung Kong Graduate School of Business. This education equipped him with the skills necessary to navigate the complexities of the corporate world, especially in the competitive cosmetics industry.

Rise to Success

Lyu Yixiong's career is marked by his strategic leadership at Shanghai Chicmax Cosmetic. He founded the company, and under his leadership, the company has flourished as a prominent cosmetics supplier in the Chinese market. A key achievement was leading the company to a successful public offering on the Hong Kong Stock Exchange in December 2022. This milestone underscored his ability to guide the company through growth phases and capitalize on market opportunities.

Key Business Strategies

Lyu's leadership style is defined by his commitment to excellence and innovation. He has prioritized investment in research and development, which has driven product innovation and maintained Chicmax's competitive edge in the cosmetics sector. Furthermore, Lyu's strategic initiatives have enhanced Chicmax's market presence and solidified its reputation as a leader in beauty and personal care products. Lyu Yixiong has stated that the company focuses solely on the cosmetics track, with multiple brand differentiations to support sustainable growth.

Philanthropy

Beyond his corporate duties, Lyu Yixiong is involved in corporate social responsibility (CSR) initiatives. He supports sustainable business practices and community development, ensuring that Chicmax contributes positively to society while achieving its business objectives.

Career Milestones

2004

Founded Shanghai Chicmax Cosmetic

Lyu Yixiong founded Shanghai Chicmax Cosmetic (formerly Shanghai Kaka Cosmetic Co., Ltd.).

2022

Shanghai Chicmax Cosmetic IPO

Led Shanghai Chicmax Cosmetic to a successful public offering on the Hong Kong Stock Exchange.

Philanthropy & Social Impact

CSR

Corporate Social Responsibility

Undisclosed

Actively involved in CSR initiatives and supports sustainable business practices and community development.

Business Philosophy & Leadership

Notable Quotes

"Focusing is CHICMAX's primary strategy."