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Wu Guangming

Wu Guangming

W. Guangming
-0.14% | - $-4.60M
$3.34 B ₹ 30,392 Cr
Real Time Net Worth #1254 Ranking as of 21 Feb 2026 By Forbes

More on Wu Guangming

Gender

Male

Age

64Y

Country

China

Born On

January, 1962

Deceased

No

Relationship Status

Married

Children

1

Education

China Europe International Business School - EMBA

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Medical Equipment)

Primary Organization

Jiangsu Yuyue Medical Equipment & Supply

Titles

Founder

Sources of Wealth

Medical Equipment

Industry

Healthcare, Manufacturing

About Wu Guangming


W u Guangming is the founder of Jiangsu Yuyue Medical Equipment & Supply, a leading Chinese manufacturer of home medical equipment. Born into a fisherman's family, he started the business with his father in the late 1990s. Under his leadership, Yuyue Medical became a dominant player in the Chinese market for products such as oxygen concentrators, blood pressure monitors, and glucose meters.

Wu took the company public on the Shenzhen Stock Exchange in 2008. He has since expanded the company's portfolio through strategic acquisitions, including the purchase of Italy's Esaote, a medical imaging company, in a consortium deal. While he remains a key figure, his son, Wu Qun, has taken over as chairman, representing the next generation of leadership. Wu Guangming's vision helped modernize home healthcare in China, making essential medical devices more accessible.

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Quick Reads


Early Life and Background


Wu Guangming is a Chinese businessman and founder, whose wealth stems from Jiangsu Yuyue Medical Equipment and Supply. The company supplies medical equipment such as rehabilitation machines, oxygen tanks and diagnostic equipment.

Wu was born to a fisherman's family, and cofounded the predecessor of Yuyue with his father in the 1990s. In 2008, the elder Wu took the company public on the Shenzhen Stock Exchange. His son, Wu Qun, now chairs and runs the company.

  • Core Company: Jiangsu Yuyue Medical Equipment and Supply (SZSE: 002223).
  • Products: Supplies rehabilitation machines, oxygen tanks and diagnostic equipment.
  • Founding: Cofounded the predecessor of Yuyue with his father in the 1990s.

Career Journey of Wu Guangming


Wu Guangming's career is defined by his successful transition from humble beginnings to building a major enterprise in the critical healthcare sector. His structural achievement is creating a massive manufacturing and supply chain for medical equipment used by millions of patients.

He guided the company through its 2008 IPO on the Shenzhen Stock Exchange. While his son, Wu Qun, now holds the chairman and CEO roles, Wu Guangming remains the founder and major shareholder.

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Wu Guangming's Timeline


1990s:

Cofounded the predecessor of Yuyue with his father.

2008:

Wu Guangming takes the company public on the Shenzhen Stock Exchange.

Ongoing:

His son, Wu Qun, chairs and runs the company.

Major Business Ventures and Investments


Wu Guangming's wealth is concentrated in his founding equity in the publicly traded medical equipment giant.

  • Jiangsu Yuyue Medical Equipment and Supply (SZSE: 002223): Founder and major shareholder.
  • Products: Supplies rehabilitation machines, oxygen tanks and diagnostic equipment.
  • Family Governance: His son, Wu Qun, chairs and runs the company.

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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 is the founder of Jiangsu Yuyue Medical Equipment and Supply.
  • He was born to a fisherman's family.
  • The company supplies rehabilitation machines, oxygen tanks and diagnostic equipment.
  • His son, Wu Qun, chairs and runs the company.

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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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