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Entrepreneur Of The Year China - 2007 Winners - EY - China

Entrepreneur Of The Year China2007 Winners

Entrepreneur Of The Year China
2007 Country Winner - Mainland China region

Liu Yonghao
President
New Hope Group

Mr Liu Yonghao is one of China's greatest success stories in recent times. Starting from a small hatchery operation, the former teacher has built New Hope Group into China's largest agribusiness and one of China's largest private enterprises. Mr Liu and his brothers developed their own brand of animal feeds, which proved to be an instant success when launched in 1989. The family business restructured in 1995, leading Mr Liu to establish New Hope.

New Hope's agribusiness interests now span the livestock, feed, meat processing and dairy industries. Mr Liu has also diversified into real estate, financial and chemical industries. Apart from his achievements in agribusiness, Mr Liu is also a pioneer in the China banking industry, playing a crucial role in the early development of private sector banks. He is a major shareholder in China Minsheng Banking Corp., China's first bank owned by largely non-government enterprises, which he helped to found.

He is one of the founders of the Guangcai Programme, the largest private social welfare programme of its kind in China. New Hope Group was also the first private Chinese enterprise to publish an annual Corporate Social Responsibility Report.

Entrepreneur Of The Year China
2007 Country Winner -
Hong Kong/ Macau region

Poon Wai, Daisy
Chief Executive Officer
Ajisen (China) Holdings Ltd.

As the business woman behind Ajisen (China) Holdings, Ms Poon Wai is one of the most successful entrepreneurs in the China's food and beverage industry. Combining her love for food with a passion to succeed, she created the biggest chain of Japanese noodle restaurants in China. In the 10 years since opening her first outlet in Hong Kong in 1996, she has quickly expanded the restaurant chain throughout Hong Kong and China, with over 160 outlets in total. Consumers can be extraordinarily fickle when it comes to food, but by introducing innovative menus, she has continued to stay ahead in the highly fragmented catering business.

Behind the food, there are two ingredients to her success. First, she industrialised food production by using centralised facilities to supply semi-cooked and cooked food items to the outlets, which helped her achieve economies of scale and ensure consistent high-quality products. Second, she imposed standardised management systems and techniques, so that outlets could be managed effectively and new outlets could be opened quickly by replicating the same methods.

Chan Yue Kwong, Michael
Chairman
Café de Coral Holdings Ltd.

Mr Michael Chan joined the Café de Coral Group in 1984, and set about turning the medium-sized company into a diversified restaurant chain with a global presence. Through his leadership, Mr Chan steered Café de Coral to become the largest listed Chinese fast food restaurant group in the world with over 330 outlets in Asia, and over 200 quick service restaurants in North America.He helped the Group improve its reputation by introducing better decor and offering high quality food at reasonable prices. He diversified into speciality eateries and into other catering businesses through organic growth and acquisitions, such as Spaghetti House and Ah Yee Leng Tong, and expanded into China and North America.

Among his achievements, Mr Chan turned around the loss-making Oliver's Super Sandwiches chain within a year of purchase. He also turned around the fortunes of Manchu Wok, a fast-food chain based in North America.

He is a consensus builder, balancing the interests of shareholders, customers and employees to create a culture of togetherness. Like the Group's name in Chinese, he finds it important that "everybody is happy together."

Cheung Yan
Chairman
Nine Dragons Paper (Holdings) Ltd.

Ms Cheung Yan is a remarkable woman with a remarkable story. Ms Cheung made her fortune in the recycled paper business. She started Nine Dragons in 1995 as Chinese exports boomed, catering for the growing demand for quality containerboard products, such as cardboard and corrugated board, used to package goods for domestic and export markets.

Her ingenuity lay in securing a stable source of waste paper supply from a company she had previously established in the US, where supplies were plentiful and could be recovered and shipped back to China cheaply because container vessels transporting goods to the US often returned empty, so she was able to incur low freight costs.Nine Dragons is China's biggest containerboard manufacturer and one of the largest in the world in terms of capacity. It has become the leading green enterprise in China, showing that social responsibility can be at the core of a profitable business strategy.

Dai Wei Ming, Wayne
Chairman & CEO
VeriSilicon Holdings Co. Ltd.

Dr Wayne Dai has an impeccable pedigree in the computer chip industry. He is one of the few engineers with strong enough technical competency and industry connections to launch a successful business such as VeriSilicon.

He set up VeriSilicon in 2001, to provide design services for the manufacturing of integrated circuits - commonly known as computer chips. VeriSilicon provides intellectual property (IP) and design services to more than 500 clients including IBM. Its designs are widely used in communications, including 3G mobile phones.

The Company owns China's biggest chip design library. IP license fees and royalties from using the library account for the majority of its revenue, while the rest comes from chip design services.

While small, the Company already has a global presence. US and Japan customers account for half of its revenue. Mainland China and Taiwan region each contributes 25% to revenue. VeriSilicon believes the launch of 3G in China will help it grow because it owns critical IP, which can be used for TD-SCDMA, a Chinese 3G standard.

The Company has raised funding from investors including HSBC Private Equity, IDG and Intel Capital.

Gao Dekang
Chairman & CEO
Bosideng International Holdings Ltd.

From humble beginnings, Mr Gao Dekang turned a small textile business comprising 11 tailors into a multibillion renminbi enterprise, creating the undisputed leader in down apparel and one of the most profitable garment companies in China.

Inspired by Deng Xiaoping's famous Southern China visit in 1992, Mr Gao decided to set up the Bosideng brand, challenging the might of the large state-owned clothing enterprises. His conviction in his beliefs, tenacity and vision as an entrepreneur enabled him to take calculated risks to challenge his larger rivals – and ultimately surpassed them.Bosideng is a clear market leader in the Chinese down garment market with estimated market share of over 30%. Bosideng was the leading down apparel brand in China based on sales for 12 consecutive years from 1995 to 2006.

Mr Gao has a strong affinity with his home town. He developed the award-winning Kan Bo Village comprising about 400 modern villas, which enabled the whole community to move into new houses.

Li Ge
Chairman & CEO
WuXi PharmaTech Co. Ltd.

Dr Li Ge founded WuXi PharmaTech in 2000 on a single premise: to find better ways for the pharmaceutical industry to successfully translate advanced drug research and development (R&D) technologies into new drugs. In so doing, he pioneered change in China's pharmaceutical industry.

Dr Li has built China's leading pharmaceutical R&D outsourcing company, which counts nine of the Top 10 global pharmaceutical companies as its clients, including giants such as Pfizer and Merck & Co. WuXi PharmaTech significantly shortens the cycle and reduces the cost of drug discovery and development for drug companies, by providing cost-effective and efficient R&D outsourcing solutions.

WuXi PharmaTech carries out sophisticated drug development projects, competing against rival US R&D companies by combining innovation with its cost advantages. In China, it has already gained significant market share because of its first-mover advantage. He has influenced the way big pharmaceutical companies think about China, and China's respect for intellectual property. He also presents his ideas to the scientific community.

Shen Guojun
President
China Yintai Holdings Ltd.

Mr Shen Guojun, 45, has built a diversified conglomerate with interests spanning department stores, real estate, energy and environmental protection projects in the space of 10 years. The Group operates six department stores in Zhejiang province, the first of which opened in 1998, making the Group the biggest department store operator in the province. His department store business operates under the Hong Kong-listed Intime Department Store. Mr Shen's insistence on prime locations, and the innovative use of management and marketing techniques, has made the business the leader in one of China's most affluent provinces.

In real estate, his ambitions lay in the capital. The Yintai Centre, a multi-purpose complex in the heart of Beijing, will be the flagship for his vast property interests. It will be the tallest building on Changan Avenue upon completion. Like his department stores, his success lies with his vision in focusing on upscale luxury residential properties in prime locations.

An active philanthropist, he is using his resources and community influence to set up his own charity, to channel funds directly to those most in need.

Xu Hang
Co-CEO & Chairman
Mindray Medical International Ltd.

Mr Xu Hang's aspiration to provide affordable high quality medical devices for the well-being of society has been the driving force behind the success of Mindray since its inception in 1991. Today, Mindray has achieved unprecedented success as a Chinese medical device maker in the local and international market, supplying products including patient monitoring systems and ultrasound systems to hospitals and health centres in China and 140 countries worldwide.

Mindray has helped overcome the negative perception regarding quality and innovation that Chinese products face globally, through its commitment to research and development. Mindray lays claim to being the most impressive R&D force in China's medical equipment industry, with over 1,000 R&D staff in 2007. As a result, more than 10 of its products meet the most stringent standards for medical devices, including gaining US FDA approval. Mindray is also successful because it is able to price its products at 30-40% below domestic and international rivals' prices. It is the first and only Chinese medical device maker listed on the New York Stock Exchange.

Charles Zhang
Chairman & CEO
Sohu.com Inc.

Over a decade ago, Mr Charles Zhang recognised the vast potential of two powerful converging trends: the emergence of the Internet and the rise of China. As an early pioneer in an unknown market, he led the rapid and dynamic development of Sohu.com and the creation of a new service and resource that would forever change the lives of millions of Chinese citizens. Now Sohu ranks as the fourth most popular website in China and 22nd most popular website in the world, boasting over 1,000 content partners, 850 advertising clients, and the highest proportion of advertising revenue among its Chinese Internet peers.

Sohu is widely regarded as the cornerstone of the Chinese Internet. Through several major acquisitions including ChinaRen.com, Focus.cn, 17173.com, GoodFeel, and Go2Map, Zhang has led Sohu into new markets, providing its users with a wide range of high-quality online services.



 Introduction

 Awards Gala

Entrepreneur Of The Year China
2007 Country Winner - Mainland China region

Liu Yonghao
President
New Hope Group

Mr Liu Yonghao is one of China's greatest success stories in recent times. Starting from a small hatchery operation, the former teacher has built New Hope Group into China's largest agribusiness and one of China's largest private enterprises. Mr Liu and his brothers developed their own brand of animal feeds, which proved to be an instant success when launched in 1989. The family business restructured in 1995, leading Mr Liu to establish New Hope.

More


 Introduction

 Awards Gala

Entrepreneur Of The Year China
2007 Country Winner -
Hong Kong/ Macau region

Poon Wai, Daisy
Chief Executive Officer
Ajisen (China) Holdings Ltd.

As the business woman behind Ajisen (China) Holdings, Ms Poon Wai is one of the most successful entrepreneurs in the China's food and beverage industry. Combining her love for food with a passion to succeed, she created the biggest chain of Japanese noodle restaurants in China. In the 10 years since opening her first outlet in Hong Kong in 1996, she has quickly expanded the restaurant chain throughout Hong Kong and China, with over 160 outlets in total. Consumers can be extraordinarily fickle when it comes to food, but by introducing innovative menus, she has continued to stay ahead in the highly fragmented catering business.

More


 Introduction

 Awards Gala

Chan Yue Kwong, Michael
Chairman
Café de Coral Holdings Ltd.

Mr Michael Chan joined the Café de Coral Group in 1984, and set about turning the medium-sized company into a diversified restaurant chain with a global presence. Through his leadership, Mr Chan steered Café de Coral to become the largest listed Chinese fast food restaurant group in the world with over 330 outlets in Asia, and over 200 quick service restaurants in North America.He helped the Group improve its reputation by introducing better decor and offering high quality food at reasonable prices. He diversified into speciality eateries and into other catering businesses through organic growth and acquisitions, such as Spaghetti House and Ah Yee Leng Tong, and expanded into China and North America.

More


 Introduction

Cheung Yan
Chairman
Nine Dragons Paper (Holdings) Ltd.

Ms Cheung Yan is a remarkable woman with a remarkable story. Ms Cheung made her fortune in the recycled paper business. She started Nine Dragons in 1995 as Chinese exports boomed, catering for the growing demand for quality containerboard products, such as cardboard and corrugated board, used to package goods for domestic and export markets.

More


 Introduction

 Awards Gala

Dai Wei Ming, Wayne
Chairman & CEO
VeriSilicon Holdings Co. Ltd.

Dr Wayne Dai has an impeccable pedigree in the computer chip industry. He is one of the few engineers with strong enough technical competency and industry connections to launch a successful business such as VeriSilicon.

More


 Introduction

 Awards Gala

Gao Dekang
Chairman & CEO
Bosideng International Holdings Ltd.

From humble beginnings, Mr Gao Dekang turned a small textile business comprising 11 tailors into a multibillion renminbi enterprise, creating the undisputed leader in down apparel and one of the most profitable garment companies in China.

More


 Introduction

 Awards Gala

Li Ge
Chairman & CEO
WuXi PharmaTech Co. Ltd.

Dr Li Ge founded WuXi PharmaTech in 2000 on a single premise: to find better ways for the pharmaceutical industry to successfully translate advanced drug research and development (R&D) technologies into new drugs. In so doing, he pioneered change in China's pharmaceutical industry.

More


 Introduction

 Awards Gala

Shen Guojun
President
China Yintai Holdings Ltd.

Mr Shen Guojun, 45, has built a diversified conglomerate with interests spanning department stores, real estate, energy and environmental protection projects in the space of 10 years. The Group operates six department stores in Zhejiang province, the first of which opened in 1998, making the Group the biggest department store operator in the province. His department store business operates under the Hong Kong-listed Intime Department Store. Mr Shen's insistence on prime locations, and the innovative use of management and marketing techniques, has made the business the leader in one of China's most affluent provinces.

More


 Introduction

 Awards Gala

Xu Hang
Co-CEO & Chairman
Mindray Medical International Ltd.

Mr Xu Hang's aspiration to provide affordable high quality medical devices for the well-being of society has been the driving force behind the success of Mindray since its inception in 1991. Today, Mindray has achieved unprecedented success as a Chinese medical device maker in the local and international market, supplying products including patient monitoring systems and ultrasound systems to hospitals and health centres in China and 140 countries worldwide.

More


 Introduction

 Awards Gala

Charles Zhang
Chairman & CEO
Sohu.com Inc.

Over a decade ago, Mr Charles Zhang recognised the vast potential of two powerful converging trends: the emergence of the Internet and the rise of China. As an early pioneer in an unknown market, he led the rapid and dynamic development of Sohu.com and the creation of a new service and resource that would forever change the lives of millions of Chinese citizens. Now Sohu ranks as the fourth most popular website in China and 22nd most popular website in the world, boasting over 1,000 content partners, 850 advertising clients, and the highest proportion of advertising revenue among its Chinese Internet peers.

More


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