C hen Xueli is a prominent Chinese entrepreneur and the chairman of Weigao Holding Company, a major supplier to the healthcare industry. He founded the company in 1988, starting humbly in an old warehouse with a focus on manufacturing disposable infusion sets. Under his leadership, Weigao has grown into a comprehensive medical device manufacturer, producing a wide array of products including orthopedic implants, blood purification consumables, and surgical equipment.
Weigao Group's principal subsidiary, Shandong Weigao Group Medical Polymer, is listed on the Hong Kong Stock Exchange and is recognized as a leading player in China's medical consumables market. Chen's strategic vision has driven the company's expansion into high-value medical sectors, such as interventional cardiology and blood management. He continues to influence the company's direction as its controlling shareholder, ensuring its continued growth in the rapidly evolving healthcare landscape.
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Chen Xueli is a Chinese businessman and billionaire, the Chairman of Weigao Holding Company, a major supplier to the healthcare industry. He co-founded his first disposable infusion business in an old warehouse in China in 1988.
His main publicly listed business is Shangdong Weigao Group Medical Polymer (HKSE: 1066), demonstrating his long-term commitment to the medical consumables and devices sector.
Chen Xueli's career is a major success story of entrepreneurial growth in China's healthcare market. He built his business from a humble beginning in an old warehouse in 1988, focusing initially on disposable infusion products.
His structural achievement is the creation of the Weigao Group, which today supplies a wide range of medical devices. The listing of his main business, Shangdong Weigao Group Medical Polymer, on the Hong Kong Stock Exchange cemented his billionaire status and provided capital for massive expansion.
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Co-founds his first disposable infusion business.
Serves as Chairman of Weigao Holding Company.
Oversees Shangdong Weigao Group Medical Polymer, which trades on the Hong Kong Stock Exchange.
Chen Xueli's wealth is concentrated in his controlling stake and continued leadership of the Weigao Group, a key supplier to the Chinese and global healthcare industry.
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-0.02% | -$1.34M
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