W u Shaoxun is the chairman of Jing Brand, a major Chinese producer of health-focused liquor and traditional Chinese medicine (TCM) spirits. He began his career in a textile factory after serving in the army, later moving to a distillery in Daye, Hubei province, in the late 1980s. Recognizing the potential of combining alcohol with TCM herbs, he led the transformation of the small factory into a modern enterprise.
In 1998, Wu privatized the company, becoming its owner and driving its expansion. Jing Brand's flagship product, "Jing Jiu," became widely popular across China for its purported health benefits. Wu has focused on modernizing TCM extraction technologies to ensure product consistency and quality. His company remains privately held and is one of the largest taxpayers in Hubei province, with sales exceeding billions of dollars annually.
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Wu Shaoxun is a Chinese businessman, the Chairman of Jing Brand, a major supplier of Chinese liquor.
Wu started his career in the industrial sector, working for a textile company after leaving the army in 1980. Seven years later, he took a job at a distillery factory in Daye in China's Hubei Province, which was the predecessor to Jing. Wu bought that business in 1998.
Wu Shaoxun’s career is defined by his successful acquisition and transformation of a distillery factory into the profitable Jing Brand. His structural achievement lies in building a major, scaled brand within the highly competitive Chinese liquor market.
After acquiring the business in 1998, he scaled operations significantly, with Jing's sales exceeding $1.6 billion in 2017. He maintains his strategic role as Chairman of the successful spirits company.
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Left the army and worked for a textile company.
Took a job at the distillery factory that became the predecessor to Jing.
Bought that business (the predecessor to Jing).
Continues as Chairman of Jing Brand.
Wu Shaoxun's wealth is concentrated in his controlling stake in the private spirits giant, Jing Brand.
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-0.8% | -$38.57M
-0.34% | -$11.71M
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