Z hang Xuansong is the founder and chairman of Yonghui Superstores, one of China's largest and most successful supermarket chains. He started his retail journey in Fuzhou, Fujian province, opening his first supermarket in 1995. Zhang revolutionized the Chinese grocery market by focusing on fresh produce and supply chain efficiency, a model that allowed Yonghui to compete effectively against international giants like Walmart and Carrefour.
Under his leadership, Yonghui expanded rapidly across China, listing on the Shanghai Stock Exchange in 2010. Zhang runs the company with his brother, Zhang Xuanning, who serves as vice chairman. He has also embraced digital transformation, attracting strategic investments from tech titans like Tencent and JD.com to integrate online and offline retail. His innovative approach to "fresh food" retail remains the core of Yonghui's competitive advantage.
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Zhang Xuansong is a Chinese businessman, the Chairman of Yonghui Superstores (SHA: 601933), a major operator of hypermarkets and supermarkets.
His brother, Zhang Xuanning, serves as the vice chairman of Yonghui Superstores. The company successfully listed on the Shanghai Stock Exchange in 2010.
Zhang Xuansong's career is defined by his successful establishment and scaling of a large-scale modern retail business. His structural achievement is tied to building Yonghui Superstores into a major, publicly traded player in the fast-moving consumer goods (FMCG) and fresh produce markets.
The company's 2010 IPO secured his family's wealth. The business remains a tightly controlled family affair, with his brother serving as vice chairman.
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Yonghui Superstore listed on Shanghai Stock Exchange.
Continues as Chairman; brother Zhang Xuanning is the vice chairman.
Zhang Xuansong's wealth is concentrated in his family's controlling stake and continued leadership of the publicly traded retail giant, Yonghui Superstores.
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