Billionaire Profile
Shao Qinxiang
Global Rank
#2171

Image: Public domain | via Wikimedia Commons

Shao Qinxiang

CEO, Zhejiang Garden Bio-chemical High-tech
CN
Real-Time Net Worth
$1.7B
As of December 2025
Age
71
Source
Diversified
Industry
manufacturing
Citizenship
CN

Biography

Shao Qinxiang, a 71-year-old Chinese billionaire, is a diversified businessman primarily known for his involvement in manufacturing. His wealth stems from various ventures, including Zhejiang Garden Bio-chemical High-tech, a major supplier of pharmaceuticals and animal nutrition products. Shao's career began in 1981 when he co-founded an apparel factory. Through strategic diversification into bio-chemicals, real estate, and construction, he built a significant fortune. As of 2024, his net worth is estimated at $1.7 billion.

Wealth Over Time

In-Depth Profile

Early Life

Shao Qinxiang began his entrepreneurial journey in 1981 by co-founding an apparel factory. This marked the start of a career that would lead him to become a prominent figure in the business world.

Rise to Success

The pivotal moment in Shao Qinxiang's career came with the establishment of Huayuan China. Over time, the company evolved into a diversified business with interests in construction, real estate, materials, bio-chemicals, and food. A significant milestone was the listing of Zhejiang Garden Bio-chemical High-tech, a subsidiary of Huayuan China, on the Shenzhen Stock Exchange in October 2014. This company became the world's largest manufacturer of vitamin D3, significantly contributing to Shao's wealth.

Key Business Strategies

Shao's success is attributed to his strategic diversification and foresight in identifying growth opportunities. The listing of Zhejiang Garden Bio-chemical High-tech allowed the company to raise capital and expand its operations. His ability to adapt and venture into new sectors, such as pharmaceuticals, has been crucial to his sustained financial growth.

Philanthropy

While specific details about his philanthropic activities are not readily available, his commitment to charitable causes is a testament to his desire to contribute back to society.

Career Milestones

1981

Founded apparel factory

Co-founded an apparel factory, marking the start of his entrepreneurial journey.

2000

Founded Garden Group

Founded Garden Group, the parent company of Zhejiang Garden Bio-chemical High-tech.

2014

Zhejiang Garden Bio-chemical High-tech IPO

Listed Zhejiang Garden Bio-chemical High-tech on the Shenzhen Stock Exchange.

Philanthropy & Social Impact

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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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