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Billionaire Profile
Xiong Haitao
Global Rank
#2839

Image: Public domain | via Wikimedia Commons

Xiong Haitao

CEO, Kingfa Science & Technology Co. Ltd.
CN
Real-Time Net Worth
$1.2B
As of December 2025
Age
61
Source
plastics/investment
Industry
manufacturing
Citizenship
CN

Biography

Xiong Haitao is a prominent figure in the Chinese business world, recognized for his substantial wealth derived from plastics and investment ventures. At the age of 61, he has built a successful career, currently serving as a director of Kingfa Science & Technology Co., Ltd., a major plastics supplier. His achievements include contributing to the company's expansion into medical and protective goods during the COVID-19 pandemic. Xiong's net worth is estimated at $1.2 billion as of December 4, 2025, and he is married to Yuan Zhimin, the founder of Kingfa. He is listed on the Forbes Billionaires list, reflecting his significant influence in the manufacturing and investment sectors.

Wealth Over Time

In-Depth Profile

Early Life

Information on Xiong Haitao's early life is limited in the search results. However, it is known that she is the wife of Yuan Zhimin, who founded Kingfa Science & Technology Co., Ltd. in 1993.

Rise to Success

Xiong Haitao's career is closely tied to Kingfa Science & Technology Co., Ltd. She serves as a director of the company, which is a key player in the plastics industry. The company expanded its operations during the COVID-19 pandemic, entering the markets for medical and protective gloves. Xiong's involvement in Kingfa has contributed to her financial success.

Key Business Strategies

While specific business strategies are not detailed in the search results, Xiong's role as a director of Kingfa indicates her involvement in the company's strategic decisions. Kingfa's expansion into new markets, such as medical and protective goods, demonstrates a responsive approach to changing market conditions. The company's revenue growth also reflects effective business strategies.

Philanthropy

The search results do not provide detailed information about Xiong Haitao's philanthropic activities.

Career Milestones

1997

Joined Kingfa

Began working at Kingfa Science & Technology Co., Ltd.

2020

Expansion into medical goods

Kingfa entered the markets for medical and protective gloves during the global pandemic.