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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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.
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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Cofounded the predecessor of Yuyue with his father.
Wu Guangming takes the company public on the Shenzhen Stock Exchange.
His son, Wu Qun, chairs and runs the company.
Wu Guangming's wealth is concentrated in his founding equity in the publicly traded medical equipment giant.
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-0.14% | -$1.92M
-0.14% | -$19.07M
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