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752
In the world today
Zhu Baoguo

Zhu Baoguo

Z. Baoguo
-0.14% | - $-7.61M
$5.53 B ₹ 50,297 Cr
Real Time Net Worth #752 Ranking as of 21 Feb 2026 By Forbes
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More on Zhu Baoguo

Gender

Male

Age

64Y

Country

China

Born On

January, 1962

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Henan Normal University - Bachelor'S

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Pharmaceuticals)

Primary Organization

Joincare Pharmaceutical Group

Titles

Chairman

Sources of Wealth

Pharmaceuticals

Industry

Healthcare, Pharmaceuticals

About Zhu Baoguo

Z hu Baoguo is the chairman of Joincare Pharmaceutical Group and its subsidiary, Livzon Pharmaceutical Group. He started his business career in the early 1990s with a hit product, "Taitai Oral Liquid," a herbal tonic for women based on a traditional recipe he acquired. Leveraging the immense success of this health supplement, he transformed the company into a comprehensive modern pharmaceutical empire specializing in prescription drugs and diagnostic reagents.

A chemical engineer by training, Zhu has diversified his interests beyond healthcare. He was a founding shareholder of WeBank, China's first digital-only bank backed by Tencent, demonstrating his foresight in the fintech sector. Based in Shenzhen, Zhu is one of China's most resilient entrepreneurs, having successfully navigated the transition from traditional health products to R&D-driven biopharmaceuticals.

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Quick Reads

Early Life and Background

Zhu Baoguo is a Chinese businessman, the chairman of Shenzhen-based Joincare Pharmaceutical Group Industry (SHA: 600380).

Prior to his pharmaceutical venture, Zhu was a chemical engineer with a bachelor's degree in chemistry from the Henan Normal University. Joincare began with a unique product: making herbal tonics for women, which were based on a recipe Zhu bought from a Chinese medicine practitioner in his native Henan province.

  • Core Company: Joincare Pharmaceutical Group Industry (Pharma empire).
  • Founding Product: Herbal tonics for women, based on a recipe Zhu bought.
  • Education: Chemical engineer with a bachelor's degree in chemistry.

Career Journey of Zhu Baoguo

Zhu Baoguo's career is defined by his successful application of his technical background to the massive pharmaceutical market. His structural achievement is tied to expanding Joincare from a single herbal tonic into a pharma empire with businesses in prescription drugs, traditional Chinese medicines, health products and diagnostic reagents.

Zhu has diversified his wealth into fintech, owning a stake in WeBank, a Chinese digital bank backed by Tencent.

  • Diversification: Pharma empire includes prescription drugs, traditional Chinese medicines, and diagnostic reagents.

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Zhu Baoguo's Timeline

Ongoing:

Trained as a chemical engineer.

Ongoing:

Founded Joincare, starting with herbal tonics.

Ongoing:

Holds a stake in WeBank, a Chinese digital bank.

Major Business Ventures and Investments

Zhu Baoguo's wealth is concentrated in his controlling stake in the publicly traded pharmaceutical giant, Joincare Pharmaceutical Group Industry, and his fintech investments.

  • Joincare Pharmaceutical (Chairman): Pharma empire.
  • WeBank (Stakeholder): Chinese digital bank backed by Tencent.
  • Sector Focus: Pharmaceuticals, traditional Chinese medicine, and fintech.

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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 chairman of Shenzhen-based Joincare Pharmaceutical Group Industry.
  • Joincare started with making herbal tonics for women, based on a recipe he bought.
  • He was a chemical engineer with a bachelor's degree in chemistry.
  • He also owns a stake in WeBank, a Chinese digital bank backed by Tencent.

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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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