Recognition for innovation and drive

PUBLISHED : Tuesday, 08 November, 2011, 12:00am
UPDATED : Tuesday, 08 November, 2011, 12:00am


Consumer Products

Hongdou Group has become a multinational and one of the top 500 Chinese enterprises.

CEO Zhou took over at Hongdou when it was losing money and heavily in debt, now the Hongdou Group has been ranked second in the list of the Top 100 Chinese garment enterprises for several years and company sales have risen 36 per cent from 2008 to 2010, hitting 28.2 billion yuan (HK$34.4 billion) last year.

The Hongdou brand has also won the 'Accomplishment Award', the highest award in the Chinese garment industry, for its national garment brands.

Its product line has expanded from knitted underwear to include costumes, motor vehicle tyres, real estate and biopharmaceuticals.

Zhou is also focused on public welfare, with donations of 300 million yuan for disaster and poverty relief to date.

Industrial Products

Ren began as a worker in a state-owned shipping yard. Today, he is chairman of his own shipping company. The legendary shipping magnate created his own company Yangzijiang Shipbuilding Group, with a goal to build the best shipbuilding company in China.

Yangzijiang became the first private Chinese company listed in Singapore and last year, when the Economic Co-operation Framework Agreement came into effect, the company became the first mainland company to list in Taiwan.

The group is the second largest shipbuilding company in China in terms of output and technology. It has been listed in the Top 500 Chinese enterprises and Top 500 Chinese manufacturing enterprises for two consecutive years.

Ren is also a keen charity supporter, donating 10 million yuan to build schools following the Wen Chuan earthquake and overseeing much of the work himself.


Liu founded a company named Jing Dong in 1998, started to develop it in e-commerce in 2004 and by 2008 he had established as the largest B2C e-commerce company in China. has enjoyed more than 200 per cent annual growth each year for six consecutive years. Last year, it became the first domestic online retailer with sales exceeding 10 billion yuan. is the largest self-operated B2C online retailer in China and its market share has reached 35.1 per cent.

Liu has steadily expanded its products categories and improved service quality. Believing in 'customers first', the online retailer provides a one-stop online shopping experience with affordable and high-quality commodities.

Liu is also involved with public welfare, and contributes 60 per cent of his personal income to such activities.


Wang established Noah Holdings in Shanghai in 2005.

Confident in the future development of China's wealth management market, as CEO Wang developed Noah to provide independent wealth management services in China and it is dedicated to becoming a wealth management solutions provider for high-net-worth clients, and an expert in the design and selection of financial products.

The company has grown over the past six years. It began with 1,000 clients and now it has 20,000 served by more than 450 relationship managers in 40 branches spread across China's major cities.

Noah went public on the New York Stock Exchange last year.

Under the leadership of Wang, Noah continues to embrace change and dedicates itself to innovation and self-improvement.

Industrial Products

In 1985 Li Chaowang founded his household paper business and for the past 25 years, he has turned Vinda International Holdings Limited into one of the top three branded household paper manufacturers in China. Vinda's performance has always been exceptional, from 2007 and 2010, its earnings per share compound annual growth rate was approximately 58%.

Due to Li's dedication and leadership, Vinda was the first Chinese company to use wood pulp as raw material for producing household paper products.

Li's strong brand awareness and willingness to innovate saw Vinda launched cartoon-themed series of household papers, which was well received by consumers.

The company has also expanded into personal product care by launching 'babifit' baby diaper products, broadening Vinda's business and also achieve its objective of 'Healthy lifestyle starts from Vinda'.


Wen Yibo started Beijing Sound Environmental Group in 1993, and less than twenty years later, Sound Group is a market leader in the fields of water supply, sewage treatment and solid waste disposal in China.

The advancements of environmental techonolgy with market adaptability, Wen innovatively introduced the Build-Operate-Transfer (BOT) model to the Chinese water industry. In doing so, he explored a workable business model for Chinese private companies to join in construction of sizable sewage treatment projects, changing the market structure in Chinese water industry and facilitated the development and improvement of relevant policies and regulations.

Wen has been improving the industrial chain layout and actively exploring the field of solid waste disposal. He is also investing to build the world's largest industrial park for recovery, recycling and reuse of waste.

Consumer Products

Wang Hung established Golden Eagle International Group in 1992, focusing on retail, real estate and investment.

The company's subsidiary, Golden Eagle Retail Group, is engaged in self-owned properties and operating a department store chain and was successfully listed on the Hong Kong Stock Exchange in 2006.

In 2007, Golden Eagle Retail's sales proceeds surged to RMB 10.95 billion from RMB 4.9 billion.

Chains of the Golden Eagle Retail Group will be expanding across China, and after dedicating and expanding the company for more than a decade, Golden Eagle has grown into a large department store retailer with 21 stores in 14 cities and 4 provinces across China.

Wang is also actively involved with charitable work with focus on financing special education and helping poverty stricken school children and families.

Consumer Products

Dr. Wilson Ip opened his first cosmetic shop in 1991 at a young age, with a floor space of only 200 sq. ft. and only a few thousand dollars in monthly revenues. But over the last 20 years, Bonjour has grown into a well know company in Hong Kong.

In 2000, Ip established Bonjour Beauty Limited to allow Bonjour to expand through diversification, settling a precedent for one-stop beauty services including medical cosmetology and SPA.

Under the leadership of Dr. Ip, Bonjour was the first to introduce internationally well-known medical cosmetology to Hong Kong.

Wilson Ip is also actively involved in charitable activities to help the needy in the society.

Emerging Entrepreneur of the Year

Yao Gongda took over as operator of Dago New Energy Corp. in 2008 having already previously served as Vice President at one of the top 500 companies worldwide. The company was founded in Wanzhou, Chongqing Municipality and Daqo has become one of the largest poly silicon manufacturers in China and leads the way in manufacturing cost effectiveness.

Daqo has three production bases in Chongqing, Jiangsu and Xinjiang Provinces. The enterprise has also expanded overseas with branches and subsidiaries in the US and Canada, while its products are marketed globally.

Despite the financial crisis in 2008, Daqo was a growth in its sales proceeds by 334% during 2008-2010. Daqo was successfully listed on New York Stock Exchange in 2010.

Under Yao's leadership, Daqo is dedicated to providing clean energy and making a real contribution to social development and environmental protection in China.

Consumer Products

City Super Group President Thomas Woo has transformed the company's early losses to profit making in a short period of time. In doing so, he has led the company to hold a dominate market position in Hong Kong.

Woo's vision and extensive marketing knowledge has allowed him to produce great results for the business.

In 1996, Mr Woo was determined to set up City Super along with Mr Masashi Ishikawa by using his multicultural experiences and strong merchandising knowledge. With this, he's established a unique business that was different to the conventional supermarkets of the past in Hong Kong.

Thomas Woo continue to build integrity within the industry and to ensure ethnically and safe products are created. Woo's goal is to open up stores in mainland China and South East Asia over the next three years.


Cheng Congwu found AutoNavi Software in 2002 after exploring mapping and navigation industry in the mid 1990's.

He soon became a leader in the automobile navigation sector and after 8 years of development, AutoNavi Holdings Limited. (AutoNavi) went public on NASDAQ Global Select Market in 2010.

Cheng established the company as a leading provider of digital map content and navigation and location-based solutions in China, and when mobile internet became available he used this opportunity to make map and navigation applications for various mobile operating systems.

Under his leadership, AutoNavi has achieved a solid result with 51% year-over-year increase in total revenue and 184% year-over-year growth in net income in the first half of 2011.

Cheng also envisioned an expansion of the business from a pure B2B model to a combined B2b and B2C for a successful business model.

Emerging Entrepreneur of the Year

Cheng saw that domestic IC supply was insufficient on the mainland, so realising the gap in the market, he took the opportunity to provide the mainland with high performance and cost effective ICs.

The AppoTech CEO and president used self-developed technology to deliver improved cost effectiveness across Hong Kong, Taiwan and the mainland, rather than relying on expensive European and American Technologies. Cheng developed affordable, quality products that have won AppoTech consumer confidence and loyalty, making it a strong competitor less than a decade after its founding.

Cheng will continue to develop specialised personnel while committing to self-designed products which started AppoTech.


Qihoo 360 Technology was founded by Zhou in 2006. Three years later, Qihoo 360 launched the first-of-its-kind free anti-virus software worldwide which had an impact on the traditional anti-virus software industry.

Qihoo 360 has become the largest internet security and mobile security company in China and one of the top three internet companies with the most active users in China.

The company listed on the New York Stock Exchange in March this year and its price has soared and achieved a 135 per cent increase over the issuance price in the first day of trading.

Zhou is closely involved in researching projects with his employees to provide users with the best software products.

Zhou has been actively involved in public welfare activities.

In 2008, he was awarded a medal as recognition for his social welfare contribution within the internet community.