Billionaire Profile
Qiu Jianping & family
Global Rank
#857

Image: Public domain | via Wikimedia Commons

Qiu Jianping & family

CEO, Hangzhou GreatStar Industrial
CN
Real-Time Net Worth
$4.7B
As of December 2025
Age
63
Source
Hand tools
Industry
manufacturing
Citizenship
CN

Biography

Qiu Jianping is the chairman of Hangzhou GreatStar Industrial, one of Asia's largest hand tool manufacturers. After being dissatisfied with his wage at a state-owned company, he founded GreatStar Holding Group in 1993. Under his leadership, the company has grown into a diversified enterprise group. His net worth is estimated at $4.7 billion, stemming from his hand tool business and other ventures. Qiu Jianping has also participated in public welfare and charitable undertakings, with cash donations exceeding 20 million yuan.

Wealth Over Time

In-Depth Profile

Early Life

Qiu Jianping's entrepreneurial journey began at age 30 after he was dissatisfied with his wage at a state-owned company. He holds a Master of Science degree from Xi'an Jiaotong University.

Rise to Success

In 1993, Qiu founded GreatStar Holding Group. The company has grown into a diversified enterprise group integrating hand tools, laser measurement, lidar, and storage cabinets. Qiu is the chairman of Hangzhou GreatStar Industrial, one of Asia's largest hand tool manufacturers. Hangcha Group, a forklift truck maker, also belongs to Qiu Jianping. He invested in Hangcha in 2011.

Key Business Strategies

Qiu Jianping's business strategies include independent innovation and constantly promoting the transformation and upgrading of enterprises. The core industries include tools, forklifts, tires, robots, and diesel engines. GreatStar also owns a variety of world-class tool brands such as WORKPRO, ARROW, PONY&JORGENSEN, Goldblatt, BeA, Shop Vac, SK, and etc. The group owns three listed companies: Superstar Technology, Hangcha Group and Xinchai Co., Ltd.

Philanthropy

While making the company bigger and stronger, Qiu Jianping actively participated in public welfare and charitable undertakings. Cash donations exceeded 20 million yuan.

Career Milestones

1993

Founded GreatStar Holding Group

Qiu Jianping established GreatStar Holding Group, which later became one of Asia's largest hand tool manufacturers.

2011

Invested in Hangcha Group

Qiu Jianping invested in Hangcha Group, a Chinese forklift truck maker.

2022

Awarded Outstanding Builder

Qiu Jianping was awarded the title of Outstanding Builder of Socialism with Chinese Characteristics in the New Era of Zhejiang Province.

Philanthropy & Social Impact

Education and Charity

Charitable Donations

$20M+

Qiu Jianping and his company have made cash donations exceeding 20 million yuan to support education and the provincial charity foundation.