Billionaire Profile
Xue Jiping
Global Rank
#2816

Image: Public domain | via Wikimedia Commons

Xue Jiping

CEO, Jiangsu Zhongtian Technology (ZTT Group)
CN
Real-Time Net Worth
$1.2B
As of December 2025
Age
74
Source
Cable
Industry
telecom
Citizenship
CN

Biography

Xue Jiping, a self-made billionaire, is the chairman of Jiangsu Zhongtian Technology (ZTT Group), a prominent supplier of optical fiber communication products. With an estimated net worth of $1.2 billion as of December 2025, Xue's wealth stems from his pioneering role in the cable industry. His career began with a small collective factory that made bricks and tiles, transforming into a global leader in optical fiber communication. Under his leadership, ZTT Group went public in 2002 on the Shanghai Stock Exchange, enabling further expansion and innovation. Xue Jiping's leadership has been recognized, and he was elected as the "Annual Responsibility Pioneer" in 2020.

Wealth Over Time

In-Depth Profile

Early Life

Xue Jiping's journey began with a humble start. The origins of Zhongtian's success trace back to a small collective factory engaged in the production of bricks and tiles. This humble beginning might seem worlds apart from the high-tech industry of optical fiber communication, yet it was here, amidst the dust of brick-making, that the seeds of innovation were planted.

Rise to Success

In the early 1990s, under Xue's leadership, the company ventured into the optical fiber communication arena. Xue's decision to pivot the company's focus from traditional manufacturing to cutting-edge technology marked the beginning of an era of unprecedented growth and innovation for Zhongtian Technology. The crowning achievement of Xue's vision came on October 24, 2002, when ZTT Group went public at the Shanghai Stock Exchange.

Key Business Strategies

Under Xue's stewardship, ZTT Group has not only expanded its product offerings but also its geographic footprint, with operations and projects spanning across continents. The company's products, including optical fibers, cables, and related telecommunication equipment, are at the heart of the modern digital infrastructure, enabling high-speed internet access, cloud computing, and a host of other services that are integral to the digital economy.

Philanthropy

In the public welfare and charity activities, ZTT made a one-time donation of 10 million yuan to the Charity Federation; in terms of environmental governance, it has donated 1.2 million yuan every year for more than 10 years to create a clear water and blue sky for local residents; in terms of student aid and poverty alleviation, it assisted the construction of Hope Primary School to solve the educational problems of local left-behind children.

Career Milestones

1992

Founded ZTT Group

Founded Zhongtian Technology (ZTT Group), starting in the optical fiber communication field.

2002

ZTT Group IPO

Took ZTT Group public on the Shanghai Stock Exchange.

2020

Annual Responsibility Pioneer

Elected as the "Annual Responsibility Pioneer" at the 12th China Corporate Social Responsibility Annual Conference.

Philanthropy & Social Impact

Charity

Charity Donation

$1.4M

One-time donation of 10 million yuan to the Charity Federation.

Environment

Environmental Governance

$0.17M annually

Donation of 1.2 million yuan every year for over 10 years for environmental projects.

Education

Student Aid and Poverty Alleviation

Unknown

Assisted in the construction of Hope Primary School.