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Li Hongxin & family

Li Hongxin & family

L. family
-0.14% | - $-4.64M
$3.37 B ₹ 30,677 Cr
Real Time Net Worth #1246 Ranking as of 21 Feb 2026 By Forbes

More on Li Hongxin & family

Gender

Male

Age

73Y

Country

China

Born On

January, 1953

Deceased

No

Relationship Status

Unknown

Children

1

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Paper Industry)

Primary Organization

Sun Paper

Titles

Chairman

Sources of Wealth

Sun Paper

Industry

Manufacturing, Paper Products

About Li Hongxin & family


L i Hongxin is the chairman and patriarch of Sun Paper, one of China's largest and most technologically advanced paper manufacturing companies. He has led the company for over four decades, transforming it from a small state-run mill into a diversified global enterprise. Sun Paper produces a wide array of products, from high-grade coated printing paper and office paper to food-grade packaging and household tissue. Li's leadership has been characterized by a relentless focus on research and development, sustainable practices, and strategic international expansion.

Under his direction, Sun Paper has invested heavily in environmentally friendly production processes, including pulp-paper integration and waste treatment, setting new standards for the industry in China. The company has also expanded its footprint abroad, with significant investments in production facilities in Laos and the United States, aiming to secure its raw material supply and access global markets. Li Hongxin has been preparing for succession, with his son, Li Lu, taking on a senior management role as Vice General Manager, ensuring the family's continued influence over the paper empire they built.

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Quick Reads


  • Chairman of Sun Paper, a leading Chinese paper manufacturer.
  • Transformed a small state-owned mill into a global industry player.
  • Pioneered sustainable and environmentally friendly practices in China's paper industry.
  • Expanded the company's operations internationally, including to the U.S. and Laos.
  • His son, Li Lu, is being groomed to take over the family business.

Early Life and Background


Li Hongxin is a Chinese businessman, the self-made billionaire Founder and Executive Chairman of China Mengniu Dairy Co., Ltd. (HKSE: 2319), one of China's largest dairy and liquid milk producers. His career is rooted in the essential agri-food and consumer goods sectors.

Li's philosophy centers on scale manufacturing, aggressive marketing, and vertical integration across the entire dairy supply chain. He founded Mengniu Dairy in 1999, recognizing the immense, untapped domestic demand for branded, high-quality milk and dairy products.

  • China Mengniu Dairy (Founder & Executive Chairman): The core publicly traded asset, one of China's largest dairy and liquid milk producers (brands include Mengniu Milk).
  • Dairy Focus: His success is built on scale manufacturing and brand development in the highly competitive Chinese dairy market.
  • Investment Strategy: His philosophy is rooted in long-term investment in agricultural assets and catering to the massive domestic Chinese consumer demand for quality food.
  • Controversy: The company was linked to the 2008 melamine scandal (along with Yili), which led to massive food safety concerns and a major industry shakeup.

Career Journey of Li Hongxin & family


Li Hongxin's strategic leadership transformed China Mengniu Dairy into a dominant force in the Chinese dairy market. Under his guidance as Chairman, the company expanded aggressively, focusing on high-quality, domestic dairy products to meet rising consumer standards. The company successfully executed its IPO on the Hong Kong Stock Exchange (HKSE).

His structural contribution is immense: pioneering the industrial scale and efficiency of China's dairy sector. Despite facing the 2008 melamine crisis (which severely damaged the brand but was later overcome through restructuring and renewed quality commitment), the company remains a major force. His wealth is secured by the colossal, long-term, stable profitability of the global food and consumer staples sector.

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Li Hongxin & family's Timeline


1999:

Founds China Mengniu Dairy (Founding).

2004:

Mengniu Dairy executes its successful IPO on the HKSE (Financial Milestone).

2008:

The company is linked to the melamine milk scandal (Corporate Crisis).

Ongoing:

Mengniu successfully rebuilds its brand and achieves market dominance (Corporate Turnaround).

Ongoing:

Continues as Founder and Executive Chairman, guiding the massive agri-food giant (Executive Oversight).

Major Business Ventures and Investments


Li Hongxin's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded agri-food giant, China Mengniu Dairy Co., Ltd. (HKSE: 2319).

  • China Mengniu Dairy (Founder & Executive Chairman): The core publicly traded asset, one of China's largest dairy and liquid milk producers (brands include Mengniu Milk).
  • Dairy Focus: His success is built on scale manufacturing and brand development in the highly competitive Chinese dairy market.
  • Investment Strategy: His philosophy is rooted in long-term investment in agricultural assets and catering to the massive domestic Chinese consumer demand for quality food.
  • Controversy: The company was linked to the 2008 melamine scandal (along with Yili), which led to massive food safety concerns and a major industry shakeup.

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Philanthropy and Social Impact


Li Hongxin's social impact is structural, stemming from China Mengniu Dairy's role in providing essential food and nutritional products (milk, yogurt) to millions of Chinese households. The company contributes significantly to food safety and public health security in China. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the Chinese dairy and agri-food sector.

Fashion, Style, and Lifestyle


Li Hongxin maintains the professional, pragmatic style of a Chinese industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized food production sector.

Residing in Hohhot, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, quality control, and the long-term, stable growth of the dairy and agri-food supply chain.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder and Executive Chairman of China Mengniu Dairy, one of China's largest dairy and liquid milk producers.
  • His company was linked to the 2008 melamine milk scandal but successfully rebuilt its brand.
  • Mengniu is publicly traded on the HKSE.
  • His focus is on high-quality, domestic dairy products to meet rising consumer standards.
  • His fortune is a direct result of the massive growth of the Chinese domestic consumer market.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His philosophy emphasizes brand development and industrial scale in the food sector.

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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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