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Entrepreneur Of The Year China - 2006 Winners - EY - China

Entrepreneur Of The Year China2006 Winners

Entrepreneur Of The Year China
2006 Country Winner - Mainland China region

Jiang Nan Chun
Chairman & CEO
Focus Media (China) Holding Ltd.

Mr Jiang worked part-time in the advertising industry when he was a college student and showed his potential by becoming the top salesman within one year. With his talent, he decided to start his own advertising agency in 1994, providing IT advertising services. During the Internet economy downturn in 2001, Mr Jiang had a vision to expand his client base outside of IT advertising. He established Focus Media in 2003 and invented the concept of "Commercial Location Advertising" in China. In one and a half year, Mr Jiang attracted funding of more than US$85 million and expanded its markets to Hong Kong, Taiwan and Singapore. Mr Jiang has created China's largest commercial location advertising company within 3 years, and Focus Media was listed on NASDAQ in 2005. The company has since acquired several other advertising companies, including the company's largest competitor. It now operates in 74 China cities, with a 70% share in the commercial location advertising market and rapidly expanding into other advertising media such as mobile phones and cinemas.

Entrepreneur Of The Year China
2006 Country Winner -
Hong Kong/ Macau region

Horst Julius Pudwill
Chairman & CEO
Techtronic Industries Co. Ltd.

Mr Pudwill came to Hong Kong in early 1970s as an executive with Volkswagen. He liked Hong Kong so much that he decided to stay there and started his own business. Mr Pudwill co-founded Techtronic in 1985 together with his business partner and began producing rechargeable battery packs. Over the past 20 years, through organic growth and successful integration of major acquisitions, Mr Pudwill has pioneered the expansion of Techtronic into a global company with annual sales of over HK$22 billion, and is the second largest electric power tool supplier in the US with a 20% market share. Mr Pudwill is known as the King of Power Tool Maker and Techtronic has been named as one of the emerging-market companies that have the potential to reach the top rank of global corporations.

Media Category Winners

Liu Changle
Chairman & CEO
Phoneix Satellite Television Holdings Limited

Mr Liu spent his early years working for the China Central People's Radio Station. After working for some years as a reporter he then moved on to further his study at the Beijing Broadcasting Institute, and graduated in the early 1980s. He then returned to China Central People's Radio, where he worked his way up from a reporter to a managerial position. The experience and knowledge equipped him well in developing the right business relationships which subsequently led to the establishment of his own TV broadcasting company. In 1996, he established Phoenix, which is the only foreign private TV network allowed to broadcast news in Mandarin in China. Phoenix was able to achieve financial breakeven after just 3 years of operation, a milestone for a private TV broadcasting company and it was listed in Hong Kong in 2000. Phoenix Chinese Channel has an estimated market penetration rate of 14% reaching an audience of 180 million, while Phoenix Infonews has a penetration rate of 8% with an audience of 100 million. In 2006, the "Phoenix" brand was valued at RMB23 billion, second only to CCTV in the Chinese media sector.

IT & Technology Category Winners

John Deng
Chairman
Vimicro Corporation

After graduating with three degrees within 5 years, which is a record in the 130 years of history in UC Berkeley, Dr Deng joined IBM as a senior researcher in the mid-80s. As soon as he left IBM, he co-founded Pixim in 1998 in Silicon Valley, a company specialized in digital imaging. Dr Deng sold his interests in Pixim in 1999 and returned to China to establish Vimicro, as he believed that there would be many opportunities for the digital imaging technology and DSP chips in consumer electronics and communication markets in China. After only six years of operations, the company became the first Chinese semiconductor company to be listed on NASDAQ in 2005. Vimicro is currently the global leader in multimedia signal processing chips. Its chips power over 60% of PC cameras shipped worldwide. These achievements have brought Dr Deng and Vimicro many distinguished technology and business awards.

IT & Technology Category Winners

Robin Li
Chairman & CEO
Baidu.com, Inc.

Before Mr Li set up Baidu, he worked in Silicon Valley as a leading search engineer at Infoseek. Although the industry outlook was uncertain at that time, he showed great perseverance by continuing with the development of search engine technology. Mr. Li returned to China to establish Baidu with his business partner in 2000, which provided pure back-end search engine services. In 2001, Mr Li decided to change its business model and launched a search portal for Internet end-users. The transformation brought Baidu an annual growth rate close to 300% since 2003, and led to a hugely successful IPO in 2005. Mr Li was awarded "The Best Business Leader 2006" by BusinessWeek and was recognized by some VC investors as one of the Top-5 search engine experts in the world. Baidu is now the biggest and most frequently used Internet search engine in China, the biggest Chinese language Internet search engine worldwide, and the largest website in China.

IT & Technology Category Winners

Yang Yuanqing
Chairman
Lenovo Group Limited

Mr Yang joined Lenovo after university as an entry-level sales person in1989, and became its CEO at the age of 37 after joining the company for 12 years. He pioneered the company's transformation from being a distributor of foreign branded PCs into the leading PC manufacturer in China, and the company has secured the China's market leadership position in 1996 with his innovative pricing and sales distribution strategies, a position which the company has held ever since. Lenovo's acquisition of IBM PC division represented one of the biggest and high profile overseas acquisitions ever made by a mainland Chinese company, which helped to elevate the company becoming one of global's top-3 PC makers with operations in 66 countries and revenue of over HK$100 billion.

Retail Category Winners

Kwok Siu Ming
Chairman & CEO
Sa Sa International Holdings Ltd.

In 1978, Mr Kwok, together with his wife, took over their first cosmetics counter from the previous tenant. He found a niche in the cosmetics market and decided to offer discounts to customers while other cosmetics retailers did not. The business grew rapidly and soon expanded to occupy the whole basement in the shopping arcade. Since then, Mr Kwok has successfully expanded Sa Sa from one outlet with 40sq ft to a network with over 88 retail outlets and 12 beauty centres in seven Asian countries. Sa Sa was listed in Hong Kong on 1997 and has a market capitalization of nearly HK$4 billion. Over the last 10 years, Mr Kwok has steered the company through many challenges including the Asian Financial Crisis and the SARS epidemic. Sa Sa is now one of the most distinguished Hong Kong brands and has won the"Most Favourable Brands of the Nation" award and "The PRC Most Favourable Hong Kong Brands" award in 2006.

Retail Category Winners

Wong Kwong Yu
Chairman
GOME Electrical Appliances Group

Growing up in a humble family surrounding, Mr Wong and his brother left school at a young age. He showed his business acumen by taking advantage of the price differentials which existed between southern and northern parts of China and earned their initial capital by selling electronic products in mid-80s. In 1987, the brothers started GOME and the retailing business in home electrical appliances. In three years, business grew rapidly under Mr Wong's innovative business model such as direct purchase from manufacturers and open advertisement of retail prices in newspapers. Good customer service, price guarantee, extended warranty and "no question asked" return policy helped to promote GOME's brand amongst the customers. GOME successfully executed a reverse takeover and was listed on the Hong Kong Stock Exchange in 2004. GOME has become the largest household electrical appliance retail chain in China with revenue of HK$18 billion in 2005.

Industry & Commerce Category Winners

Richard Samuel Elman
CEO
Noble Group Limited

Mr Elman started his career in commodities trading business with Philip Brothers in the 1970s. In 1986, he left Philip Brothers and started Noble in Hong Kong with an initial capital of USD 100,000. Through a mixture of organic expansion and strategic acquisitions, Mr Elman has expanded the company from a pure trading business into a value-added service provider along the supply chain for producers to customers by diversifying both horizontally across commodity markets and vertically through the supply chain. In March 1997, Noble was listed on the Singapore Stock Exchange. It is now the biggest supply chain and logistics company based in Asia, one of the world's top 5 coffee merchants and supplies 50% of China's cocoa bean consumption. The company has also diversified its investments into coal mines, soybean crushing plants and loading ports across the globe.

Industry & Commerce Category Winners

Guo Guangchang
President & CEO
Shanghai Fosun High Technology Group Co. Ltd.

In 1992, Mr Guo was inspired by Mr Deng Xiaoping's visit in southern China that he decided to start his first company in order to capture the potential opportunities from the opening up of the PRC economy. With little capital and experience, he had to overcome many adversities. His entrepreneurial spirits and perseverance paid off when his team successfully produced a hepatitis tester and Fosun Pharmaceutical was formed in 1994, and subsequently listed on the Shanghai Stock Exchange in 1998. He has since then diversified his businesses and entered into the property market by establishing Forte Land in 1994, which was subsequently listed on the Hong Kong Stock Exchange in 2004. In 2001, Mr Guo also identified an opportunity in the iron & steel industry and pioneered the turnaround of the business fortune in Nanjing Iron & Steel by reorganizing its operations. Mr Guo's philosophy of "Discover, Manage, and Prosper" has helped him to create one of China's largest conglomerates within the last two decades.

Industry & Commerce Category Winners

Song Zhenghuan
President
Goodbaby Group

Mr Song was a deputy headmaster when he was asked to manage a loss-making tooling factory in Kunshan owned by the Education Bureau 17 years ago. With great innovations such as the swing enabling functions and, financed with a small bank loan, Mr Song transformed the ailing factory into Goodbaby in 1989 producing baby strollers. In the process, Mr Song had showed great entrepreneurial spirit and vision by refusing to simply sell his innovation for a quick profit. The company's products are now sold through a substantial distribution network in China, which includes 6 specialty stores, 35 branches, 40 chain stores and over 5,000 sales counters. Goodbaby has become the number 1 stroller manufacturer in China since 1993, and number 1 exporter to the US market since 1999, and reported by Fortune that one in three strollers in the US are currently made by Goodbaby.



 Introduction

 Awards Gala

Entrepreneur Of The Year China
2006 Country Winner - Mainland China region

Jiang Nan Chun
Chairman & CEO
Focus Media (China) Holding Ltd.

Mr Jiang worked part-time in the advertising industry when he was a college student and showed his potential by becoming the top salesman within one year. With his talent, he decided to start his own advertising agency in 1994, providing IT advertising services. During the Internet economy downturn in 2001, Mr Jiang had a vision to expand his client base outside of IT advertising. He established Focus Media in 2003 and invented the concept of "Commercial Location Advertising" in China.

More


 Introduction

 Awards Gala

Entrepreneur Of The Year China
2006 Country Winner -
Hong Kong/ Macau region

Horst Julius Pudwill
Chairman & CEO
Techtronic Industries Co. Ltd.

Mr Pudwill came to Hong Kong in early 1970s as an executive with Volkswagen. He liked Hong Kong so much that he decided to stay there and started his own business. Mr Pudwill co-founded Techtronic in 1985 together with his business partner and began producing rechargeable battery packs.

More


 Introduction

 Awards Gala

Media Category Winners

Liu Changle
Chairman & CEO
Phoneix Satellite Television Holdings Limited

Mr Liu spent his early years working for the China Central People's Radio Station. After working for some years as a reporter he then moved on to further his study at the Beijing Broadcasting Institute, and graduated in the early 1980s. He then returned to China Central People's Radio, where he worked his way up from a reporter to a managerial position. The experience and knowledge equipped him well in developing the right business relationships which subsequently led to the establishment of his own TV broadcasting company.

More


 Introduction

 Awards Gala

IT & Technology Category Winners

John Deng
Chairman
Vimicro Corporation

After graduating with three degrees within 5 years, which is a record in the 130 years of history in UC Berkeley, Dr Deng joined IBM as a senior researcher in the mid-80s. As soon as he left IBM, he co-founded Pixim in 1998 in Silicon Valley, a company specialized in digital imaging. Dr Deng sold his interests in Pixim in 1999 and returned to China to establish Vimicro.

More


 Introduction

IT & Technology Category Winners

Robin Li
Chairman & CEO
Baidu.com, Inc.

Before Mr Li set up Baidu, he worked in Silicon Valley as a leading search engineer at Infoseek. Although the industry outlook was uncertain at that time, he showed great perseverance by continuing with the development of search engine technology. Mr. Li returned to China to establish Baidu with his business partner in 2000, which provided pure back-end search engine services.

More


 Introduction

IT & Technology Category Winners

Yang Yuanqing
Chairman
Lenovo Group Limited

Mr Yang joined Lenovo after university as an entry-level sales person in1989, and became its CEO at the age of 37 after joining the company for 12 years. He pioneered the company's transformation from being a distributor of foreign branded PCs into the leading PC manufacturer in China, and the company has secured the China's market leadership position in 1996 with his innovative pricing and sales distribution strategies, a position which the company has held ever since.

More


 Introduction

 Awards Gala

Retail Category Winners

Kwok Siu Ming
Chairman & CEO
Sa Sa International Holdings Ltd.

In 1978, Mr Kwok, together with his wife, took over their first cosmetics counter from the previous tenant. He found a niche in the cosmetics market and decided to offer discounts to customers while other cosmetics retailers did not. The business grew rapidly and soon expanded to occupy the whole basement in the shopping arcade. Since then, Mr Kwok has successfully expanded Sa Sa from one outlet with 40sq ft to a network with over 88 retail outlets and 12 beauty centres in seven Asian countries.

More


 Introduction

 Awards Gala

Retail Category Winners

Wong Kwong Yu
Chairman
GOME Electrical Appliances Group

Growing up in a humble family surrounding, Mr Wong and his brother left school at a young age. He showed his business acumen by taking advantage of the price differentials which existed between southern and northern parts of China and earned their initial capital by selling electronic products in mid-80s. In 1987, the brothers started GOME and the retailing business in home electrical appliances.

More


 Introduction

 Awards Gala

Industry & Commerce Category Winners

Richard Samuel Elman
CEO
Noble Group Limited

Mr Elman started his career in commodities trading business with Philip Brothers in the 1970s. In 1986, he left Philip Brothers and started Noble in Hong Kong with an initial capital of USD 100,000. Through a mixture of organic expansion and strategic acquisitions, Mr Elman has expanded the company from a pure trading business into a value-added service provider along the supply chain for producers to customers by diversifying both horizontally across commodity markets and vertically through the supply chain.

More


 Introduction

Industry & Commerce Category Winners

Guo Guangchang
President & CEO
Shanghai Fosun High Technology Group Co. Ltd.

In 1992, Mr Guo was inspired by Mr Deng Xiaoping's visit in southern China that he decided to start his first company in order to capture the potential opportunities from the opening up of the PRC economy. With little capital and experience, he had to overcome many adversities. His entrepreneurial spirits and perseverance paid off when his team successfully produced a hepatitis tester and Fosun Pharmaceutical was formed in 1994, and subsequently listed on the Shanghai Stock Exchange in 1998.

More


 Introduction

 Awards Gala

Industry & Commerce Category Winners

Song Zhenghuan
President
Goodbaby Group

Mr Song was a deputy headmaster when he was asked to manage a loss-making tooling factory in Kunshan owned by the Education Bureau 17 years ago. With great innovations such as the swing enabling functions and, financed with a small bank loan, Mr Song transformed the ailing factory into Goodbaby in 1989 producing baby strollers.

More


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