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2671
In the world today
Yuan Zhimin

Yuan Zhimin

Y. Zhimin
-0.14% | - $-1.89M
$1.37 B ₹ 12,497 Cr
Real Time Net Worth #2671 Ranking as of 21 Feb 2026 By Forbes

More on Yuan Zhimin

Gender

Male

Age

65Y

Country

China

Born On

January, 1961

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Beijing Institute Of Technology - Master'S

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Manufacturing)

Primary Organization

Kingfa Sci. & Tech

Titles

Chairman

Sources of Wealth

Plastics

Industry

Manufacturing, Chemicals

About Yuan Zhimin


Y uan Zhimin is the chairman of Kingfa Sci. & Tech. Co., the largest modified plastics manufacturer in the Asia-Pacific region. He founded the company in 1993 in Guangzhou with a graduate degree from the Beijing Institute of Technology, initially focusing on advanced polymer materials for the automotive and electronics sectors. Under his stewardship, Kingfa has established a global R&D and production network, supplying major multinational corporations.

In 2020, facing the global COVID-19 pandemic, Yuan swiftly expanded the company's operations into the production of medical and protective gloves, a move that significantly bolstered its financial performance. He shares his fortune with his wife, Xiong Haitao, who serves as a director on the board. Yuan's leadership has been pivotal in Kingfa's evolution from a local startup to a Shanghai-listed industrial giant with a diverse product portfolio.

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Quick Reads


Early Life and Background


Yuan Zhimin is a Chinese businessman, the chairman of Shanghai-listed Kingfa Sci.and Tech. Co. (SHA: 600143), a major supplier of modified plastics.

Yuan founded Kingfa in 1993 and holds a graduate degree from Beijing Institute of Technology. He shares his fortune with his wife XiongHaitao, who is a Kingfa director.

  • Core Company: Kingfa Sci.and Tech. Co. (Modified plastics supplier).
  • Founding: Founded Kingfa in 1993.
  • Education: Holds a graduate degree from Beijing Institute of Technology.

Career Journey of Yuan Zhimin


Yuan Zhimin's career is defined by his commitment to industrial manufacturing and technological adaptation. His structural achievement is tied to establishing and leading Kingfa as a major supplier of modified plastics for various industries.

In 2020, in response to the global pandemic, the company successfully expanded into the production of medical and protective gloves. He shares ownership with his wife, XiongHaitao, who serves as a company director.

  • Strategic Pivot: Expanded into medical and protective gloves in 2020.

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Yuan Zhimin's Timeline


1993:

Founded Kingfa.

2020:

Expanded into production of medical and protective gloves.

Ongoing:

Continues as Chairman.

Major Business Ventures and Investments


Yuan Zhimin's wealth is concentrated in his family's controlling stake and continued leadership of the publicly traded industrial giant, Kingfa Sci.and Tech. Co..

  • Kingfa (Founder & Chairman): Supplier of modified plastics and medical gloves.
  • Family Role: Wife XiongHaitao is a Kingfa director.
  • Sector Focus: Plastics, industrial manufacturing, and medical supplies.

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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 chairs Shanghai-listed Kingfa Sci.and Tech. Co., a supplier of modified plastics.
  • He founded Kingfa in 1993.
  • In 2020, the company expanded into production of medical and protective gloves.
  • He holds a graduate degree from Beijing Institute of Technology.

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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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