Billionaire Profile
Xiang Guangming & family
Global Rank
#2014

Image: Public domain | via Wikimedia Commons

Xiang Guangming & family

CEO, China Tianying Inc. (CNTY)
CN
Real-Time Net Worth
$1.9B
As of December 2025
Age
62
Source
Waste disposal
Industry
manufacturing
Citizenship
CN

Biography

Xiang Guangming, a 62-year-old Chinese entrepreneur, and his family have built a significant fortune primarily through their involvement in waste disposal and environmental services. Their wealth stems from China Tianying Inc. (CNTY), a publicly listed company engaged in waste-to-energy projects, waste management, and related environmental infrastructure. Xiang Guangming's career and the family's achievements are closely tied to CNTY's growth and its expansion into renewable energy and smart urban services, demonstrating a strategic focus on sustainable development and environmental solutions.

Wealth Over Time

In-Depth Profile

Early Life

Details about Xiang Guangming's early life and education are not widely available in public sources. However, his later career choices indicate a strong interest in the environmental sector, which led to the founding and development of China Tianying Inc.

Rise to Success

Xiang Guangming's rise to success is directly linked to China Tianying Inc. (CNTY). Founded in 1984, the company has grown to become a significant player in China's waste management and environmental services industry. CNTY's business model focuses on investing in, constructing, operating, and maintaining municipal environmental infrastructure projects, including waste-to-energy power plants, waste treatment facilities, and urban services. The company has expanded its operations internationally, acquiring companies like Urbaser Environmental Limited in 2018.

Key Business Strategies

CNTY's key strategies include:

  • Focus on Waste-to-Energy: Investing in and operating waste-to-energy plants to convert waste into electricity, reducing landfill usage and carbon emissions.
  • Integrated Urban Services: Providing a range of urban services, including waste collection, street cleaning, and recycling programs.
  • Technological Innovation: Investing in research and development to improve waste treatment technologies and develop smart urban service solutions.
  • International Expansion: Expanding operations globally through acquisitions and partnerships.

Philanthropy

Philanthropic activities specifically attributed to Xiang Guangming and his family are not readily available in the search results. However, CNTY's core business of waste management and environmental services inherently contributes to environmental sustainability and public health, which can be considered a form of indirect philanthropy.

Career Milestones

1984

Founded China Tianying Inc.

Founded China Tianying Inc. (CNTY), laying the foundation for his wealth through waste management and environmental services.

2014

Renamed China Kejian Co., Ltd. to China Tianying Inc.

The company's name was changed to China Tianying Inc. to reflect its focus on environmental protection and new energy.

2018

Acquired Urbaser Environmental Limited

Expanded the company's international presence and capabilities in waste management.