Ren Yuanlin, Chairman of Yangzijiang Shipbuilding Group
Thomas Woo, President of City Super Group
named Ernst & Young Entrepreneur Of The Year 2011 China country winners
4 November 2011, Beijing, Shanghai and Hong Kong – Ernst & Young is pleased to announce the two country winners of the Ernst & Young Entrepreneur Of The Year 2011 China awards, given in recognition of their success in leading dynamic, fast-growth companies: Ren Yuanlin, Chairman of Yangzijiang Shipbuilding Group Limited won the country award for the Mainland China Region and Thomas Woo, President of City Super Group was presented with the country award for the Hong Kong / Macau Region.
Albert Ng, China Chairman and Greater China Managing Partner of Ernst & Young says, “Ernst & Young Entrepreneur Of The Year China is in its sixth year. Our country winners Ren Yuanlin and Thomas Woo will be joining their global counterparts in a gala event next year to compete for the Ernst & Young World Entrepreneur Of The Year awards. I wish them continued success.”
Ernst & Young Entrepreneur Of The Year 2011 China
Country Winner, Mainland China Region –
Ren Yuanlin, Chairman of Yangzijiang Shipbuilding Group Limited
Mr. Ren Yuanlin began as a worker in a state-owned shipbuilding yard. Today he is a shipping magnate and the leader of his own company. The legendary chairman of
Yangzijiang Shipbuilding Group did it by focusing on his goal to build the best shipbuilding company in China. Mr. Ren led Yangzijiang to become the first private Chinese company listed in Singapore, with both the size of its IPO and its PE ratio ranking it at the top of all Chinese companies listed there. In 2010, when Economic Cooperation Framework Agreement came into effect, Yangzijiang became the first mainland company to successfully list in Taiwan.
Yangzijiang Shipbuilding Group is the second largest private shipbuilding company in China in terms of output and technology. It has been listed in “Top 500 Chinese
Enterprises” and “Top 500 Chinese Manufacturing Enterprises” for two consecutive years. The company has been maintaining its annual output within the first five places
among the top 100 Chinese shipbuilding companies for two consecutive years. Mr. Ren is also an avid supporter of charity, donating RMB10 million to build schools following the Wen Chuan earthquake and overseeing much of the work himself. He has also
personally financed new schools in Kazakhstan.
Ernst & Young Entrepreneur Of The Year 2010 China
Country Winner, Hong Kong / Macau Region -
Thomas Woo, President of City Super Group
Mr. Thomas Woo’s vision and wisdom allow him to leverage his extensive marketing knowledge for truly spectacular results. In 1996, Mr. Woo with his multicultural experiences
and strong merchandizing knowledge was determined to join Mr. Masashi Ishikawa together to set up City Super with a unique business concept completely different from that of the conventional supermarket industry in Hong Kong. Over the past 15 years, City Super’s dedication to high quality products and service have earned it a large and loyal customer base.
Mr. Woo has transformed the business from early losses to profit making in a short period of time without any additional financing from the shareholders since their first initial investment. He led the company to hold a dominant market position in Hong Kong. Mr. Woo will continue to build integrity within the industry and take the social responsibility to provide safe and ethically sourced products to the society. Mr. Woo’s goal for the next three years is to open stores in mainland China and South East Asia, ensuring that City Super remains an Asian leader.
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About Entrepreneur Of The Year®
Ernst & Young Entrepreneur Of The Year® is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in 50 countries.
About Ernst & Young
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This news release has been issued by Ernst & Young, China, a part of the Ernst & Young global network.
