Fang Runhua

Fang Runhua

Fang Runhua was born in Heyuan, Guangdong Province on May 22, 1924. His ancestral home is Hetian village, Houjie Town, Dongguan City, Guangdong Province. In 1994, with the approval of the international organization of asteroids, asteroid 5198 was named "Fang run Hua Xing". In 1997, it won the fourth national top ten prize for poverty alleviation, and in 2006, it won China's top ten construction talents. He has long been concerned about education and poverty alleviation in the mainland. He has donated over 300 projects and over 300 million yuan to build more than 200 schools or education buildings in 31 provinces, cities and autonomous regions of China. It has more than 100 public service and honorary titles at home and abroad, and has won more than 10 awards from relevant international, domestic and Hong Kong organizations. It has made great contributions to education, scientific research, medical and health care, the cause of the disabled, flood and earthquake relief in Hong Kong and the mainland of China.

From his first donation in 1956 to the construction of a primary school in his hometown of Dongguan, Mr. Fang has successively subsidized over 400 million yuan in education, medical treatment, science and technology in the mainland over the past 50 years. Up to 2006, he was employed as honorary professor by 52 international famous universities. In 2010, he was awarded the "leader · Lifetime Achievement Award", and in 2012, he was awarded the "outstanding Dongguan businessman" by the world Dongguan merchants conference. There is a saying in a Book: songfengshui month is not enough to compare with Qinghua, xianlumingzhu can square Langrun. There is a person's name implied in this sentence. He is Dr. Fang Runhua.

In the 2019 Forbes Global billionaire list, he was elected the 804th with $2.8 billion. On February 26, 2020, with a wealth of 18 billion yuan, it ranked 1146 in the 2020 Shimao Shenzhen Hong Kong International Center · Hurun global rich list. ***

curriculum vitae

He is a famous philanthropist in Hong Kong. He was also awarded the "Hong Kong philanthropist" by Forbes in 1924 The National Service Medal. At present, he is the chairman of Hong Kong Association group, Jinhua Real Estate Co., Ltd., Fang shufutang fund and Fang Runhua fund. He is also a consultant to the American Association for international friendship, a justice of the peace of the Hong Kong Special Administrative Region, an honorary consultant to the Hong Kong real estate and Construction Association, a prime minister of the three East China courts, chairman of the Baoliang Bureau, a member of the United Nations Committee on Disarmament education, a regional affairs consultant to the Hong Kong Branch of the Xinhua news agency, a member of the first Government Promotion Committee of the Hong Kong Special Administrative Region, and a chairman of the Hong Kong Council for the promotion of economy. In 1994, it was named "Fang run Hua Xing" by asteroid 5198. In 1997, it was appointed as the honorary director of China Youth Development Foundation and was rated as one of the top ten poverty alleviation scholars in China in 1997. At that time, the only Hong Kong person received this honor. Since 1998, he has been appointed as an independent non-executive director of Hong Kong CTS International Investment Co., Ltd. As a philanthropist, Fang Runhua, who started his love aid program in the mainland of China in 1956, always cares about and supports the development of the motherland. In 1970, he and his father Fang Shuquan founded the Fang shufutang fund. In 1986, he set up the Fang Runhua fund. The annual profit of the Xie Chengxing group constitutes the fund, with a total amount of more than 500 million yuan. The two funds are committed to promoting good cause. They have donated 120 hope project primary schools, 32 middle schools, 19 kindergartens, as well as primary and secondary school libraries, education centers, industrial training centers and rehabilitation centers for the disabled. From his first donation in 1956 to the construction of a primary school in his hometown of Dongguan, Mr. Fang has spent more than 50 years on education, medical treatment, science and technology in the mainland

400 million

RMB yuan. Up to 2006, he was employed as honorary professor by 52 international famous universities. In 2010, he was awarded the "leader · Lifetime Achievement Award", and in 2012, he was awarded the "outstanding Dongguan businessman" by the world Dongguan merchants conference. There is a saying in a Book: songfengshui month is not enough to compare with Qinghua, xianlumingzhu can square Langrun. There is a person's name implied in this sentence. He is Dr. Fang Runhua.

It was listed in 1972, but it was automatically privatized 17 years later. After privatization, "Xie Chengxing" has set up two charitable funds to do good deeds. They not only donate money to help the poor, help the poor and do good work in Fang's hometown Dongguan, but also have more than 300 projects of Fang's doing good all over the country, including Hong Kong. "Fong Shufu Tang fund" and "Fong run Hua fund" benefit Hong Kong, Macao, Taiwan and greater China.

Mr. Fang Runhua's righteous deeds of helping students to develop education and doing good deeds to help the world have also been highly praised by the international community. On February 23, 2006, with the approval of relevant departments, the Far East Institute of the Russian Academy of Sciences awarded the honorary doctorate in Sociology in Hong Kong and appointed Mr. Fang Runhua the honorary title of "member of the International Academic Committee for peace and security development in Northeast Asia". Only two people in Hong Kong were awarded this honor. In addition to long-term assistance in education, poverty alleviation, and various public welfare and charity undertakings in the mainland of China, Mr. Fang spared no effort to pay attention to and support the economic construction and scientific and technological undertakings of the motherland.

Real estate tycoon

Fang Runhua is one of the senior members of the Hong Kong business community and a close friend of Li Ka Shing. Fang Runhua has been active in the real estate industry in Hong Kong since the 1960s. His old real estate firm, Xie Chengxing, is well known in Hong Kong. He is on an equal footing with Huo Yingdong, Zheng Yutong, Li Jiacheng and other real estate industry veterans. However, compared with other real estate tycoons, Fang Runhua's style is too conservative. His real estate business is mainly long-term, and only 30% of the completed real estate will be sold, The remaining 70% is used for rent collection. He also set up the Fang Runhua fund to spend 10% of the annual profit of Xie Chengxing bank on charity. A lot of energy is also spent on charity. Naturally, the business is not as fast as others. However, Fang Runhua's steady style has also enabled him to stand firm in the highly competitive real estate industry in Hong Kong. Today, Xie Chengxing has become a big company with tens of billions of assets, which is not comparable to Tu Fei's companies.

Fang Runhua has become a real estate tycoon in Hong Kong, which is a typical example of the success of long-term investment. His way of operation is to rent 70% of the completed real estate, collect rent, and sell only 30% of the completed real estate. He will earn money and buy the site. When selling a residential building, he usually sells only the upper floor, leaving the lower floor for rent. He benefited a lot from the constant appreciation of Wangpu on the ground floor. Innovative thinking in the business world. Today, Fangbo owns a large number of real estate in Hong Kong, the United States, Canada and other places. The group owns more than 20 properties in Hong Kong with more than 1.5 million square feet of floor space for rental purposes. The comprehensive owned properties include office buildings, shops, service apartments, villas, factories, buildings, warehouses, hotels, parking lots, etc. all over the new territories. The main properties include: Central Association Center, central anqing building, Hongshan Plaza of datan Hongshan Peninsula, zodun service apartments, Wangjiao Plaza of association and Kowloon Center of association, etc He is also known as the "king of laodi" in the industry. For example, in 2001, when the science and technology network was blasted, he became the "king of laodi"

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It has nearly doubled its market value so far

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100 million yuan in 2002

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Billion yuan will buy Huachuang building in Wanchai from China Resources and change its name to Wanchai Xiecheng center. Until 2003, it launched a series of attacks, and spent nearly 20 million yuan

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In 2006, it joined hands with Zheng Yutong to build the Hong Shan Plaza in Tai Tan Road, South District of Hong Kong Island

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In 2007, we cooperated with new world group to build a new housing project

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A total of 24 titles at 5-11 Tin Hau Wong Lung Road were acquired with a land price of $4926 per foot. The high-rise building can only be redeveloped if the land price has to be supplemented. It is expected that it will be developed together with the adjacent New Oriental terrace. In addition, 33-35 Wong Chuk Hang Road and 19-21 Wong Chuk Hang Road own two industrial buildings and build hotels with sole proprietorship and cooperation with Lee Siu Kee respectively.

"Xiecheng bank", an old real estate firm founded by Fang Runhua, is still playing a strong role in Hong Kong. Even today, when Hong Kong's economy is not optimistic and the real estate market economy is obviously declining, "Xiecheng bank" is still developing steadily and steadily

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The purchase of two commercial properties has greatly increased the group's rental income. Fang, who is quite economic minded, uses his cash to cast a vote of confidence in the future market. The funds are fully paid by internal resources, avoiding the risk of borrowing from banks and seeking a balance between conservatism and enterprise. Near

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The whole building of Hongshan Plaza in datan, which was purchased with 100 million yuan, has become a real estate with full potential. Xie Chengxing, with the courage of a Dongguan person, stands in Hong Kong with a new thinking of keeping pace with the times and becomes the pride of Dongguan people.

Mr. Fang Shuquan, who is known as a businessman, lives in the business world. He is not forgetful of charity. He would rather save his own money than help the poor. Since he was a child, Mr. Fang Runhua has always been happy to do good. As early as during the Anti Japanese War, many refugees fled to Hong Kong without food and clothing, and their father had to cook porridge for them when he bought rice on credit. Confidence in the business field is even more written

Chinese PinYin : Fang Run Hua