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Cao Longxiang & family

Cao Longxiang & family

C. family
-0.14% | - $-4.02M
$2.92 B ₹ 26,559 Cr
Real Time Net Worth #1407 Ranking as of 21 Feb 2026 By Forbes

More on Cao Longxiang & family

Gender

Male

Age

69Y

Country

China

Born On

January, 1957

Deceased

No

Relationship Status

Married

Children

1

Education

EMBA

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Pharmaceuticals)

Primary Organization

Jumpcan Pharmaceutical

Titles

Chairman

Sources of Wealth

Jumpcan Pharmaceutical

Industry

Healthcare, Pharmaceuticals

About Cao Longxiang & family


C ao Longxiang is the chairman of Hubei Jumpcan Pharmaceutical, a leading Chinese drug manufacturer known for its pediatric and traditional Chinese medicine (TCM) products. His path to wealth began in the industrial sector; he was a manager at a cement factory and served in the military before transitioning to pharmaceuticals. He took the helm of what was then a general machinery company and steered its transformation into a pharmaceutical powerhouse, officially taking control in 2013.

Under Cao's direction, Jumpcan has focused on developing flagship products like Pudilan Anti-inflammatory Oral Liquid, which have become staples in Chinese healthcare. He owns more than 60% of the company, ensuring strong family control over its strategic direction. His son, Cao Fei, serves as vice chairman, preparing for the next generation of leadership. The company's success on the Shanghai Stock Exchange reflects the robust demand for modern TCM treatments in China.

Quick Reads:

  • Chairman of Hubei Jumpcan Pharmaceutical.
  • Transformed the company from a machinery firm into a pharma giant.
  • Specializes in traditional Chinese medicines, particularly for children.
  • Served in the Chinese military and worked in cement before pharma.
  • His son, Cao Fei, is the company's Vice Chairman.

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Quick Reads


  • Chairman of Hubei Jumpcan Pharmaceutical.
  • Transformed the company from a machinery firm into a pharma giant.
  • Specializes in traditional Chinese medicines, particularly for children.
  • Served in the Chinese military and worked in cement before pharma.
  • His son, Cao Fei, is the company's Vice Chairman.

Early Life and Background


Cao Longxiang is a self-made Chinese billionaire, the actual controller of Hubei Jumpcan Pharmaceutical Group Co., Ltd. (SHA: 600566). He served in the Chinese military before transitioning to business, working as a manager at a cement factory before entering the pharma business.

His core company, Hubei Jumpcan Pharmaceutical, is one of China's largest drug companies, specializing in both Western and traditional Chinese medicine. His philosophical approach combines military discipline with strategic asset control.

  • Core Company: Hubei Jumpcan Pharmaceutical (SHA: 600566), specializing in Western and TCM drugs.
  • Ownership: Controls more than 60% of the company, sharing control with his son, Cao Fei, who serves as vice chairman.
  • Early Career: Served in the Chinese military and managed a cement factory.

Career Journey of Cao Longxiang & family


Cao Longxiang's career breakthrough was the acquisition of control over the listed entity, which was initially named Hubei Hongcheng General Machinery when it went public in 2001. Cao took control in 2013 and pivoted the company's focus to pharmaceuticals, achieving dominance in key drug markets.

His structural contribution is tied to the successful transition of a listed asset into a powerful pharmaceutical platform. The family maintains control of over 61% of the company's total equity (as of July 2025). His wealth is secured by the colossal, long-term, stable profitability of the high-growth pharmaceutical sector.

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Cao Longxiang & family's Timeline


Pre-2001:

Served in the Chinese military and worked as a cement factory manager.

2001:

Hubei Hongcheng General Machinery goes public (precursor to Hubei Jumpcan).

2013:

Cao Longxiang acquires controlling interest in the listed entity.

2025 (July):

Finalizes an equity transfer to his son, Cao Fei, making the son the formal controlling shareholder.

Major Business Ventures and Investments


Cao Longxiang’s wealth is concentrated in his family’s controlling stake in the core publicly traded pharmaceutical giant, Hubei Jumpcan Pharmaceutical.

  • Hubei Jumpcan Pharmaceutical: Produces and distributes both Western and traditional Chinese medicine.
  • Ownership Structure: He and his son Cao Fei are the actual controllers, collectively holding over 61% of the company.
  • Strategic Use of Public Company: The listed entity serves as the primary capital and acquisition vehicle for the family's assets.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He and his family control Hubei Jumpcan Pharmaceutical, a major Chinese drug company.
  • The listed entity he controls was originally a machinery company before he pivoted it to pharmaceuticals.
  • He previously served in the Chinese military and was a cement factory manager.
  • His fortune is secured by a stake of over 60% of the company's equity.
  • He resides in Taixing, China, and holds Chinese citizenship.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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