Fang Wenxiong

Fang Wenxiong

Fang Wenxiong, from Dongguan, Guangdong, was born in Hong Kong in 1957. Among his eight brothers and sisters, he ranks seventh. He is the seventh son of Fang Runhua, chairman of Xie Chengxing Development Co., Ltd.

Fang Wenxiong is now the managing director of Hong Kong xiechengxing Development Co., Ltd., vice chairman of Fang shufutang fund, vice chairman of Fang Runhua fund and member of the National Committee of the Chinese people's Political Consultative Conference.

Managing director

Fang Wenxiong is now the managing director of Hong Kong xiechengxing Development Co., Ltd., vice chairman of Fang shufutang foundation, vice chairman of Fang Runhua foundation, member of the CPPCC National Committee, chairman of Hong Kong Lottery and lottery committee, director of Jinan University, honorary director of Peking University, honorary citizen of Dongguan City, honorary citizen of Xuchang City, Permanent Honorary President of Hong Kong Chinese General Chamber of Commerce, and member of hospital authority He is also a member of the board of Trustees of the Hong Kong University of science and technology, and a member and member of the board of directors of WWF Hong Kong Branch. Fang Wenxiong's excellence lies in his deep understanding of the rectification and innovation of traditional business philosophy,

Whether it's the inheritance and tolerance of the enterprise handover between the two generations, or the benign collision between the nearly conservative traditional management and modern enterprise management, or even the docking and blending of eastern and Western cultures, Fang Wenxiong is embracing, gradual and forceful in his own way.

Through the analysis of the shock before and after the return of Hong Kong, Fang Wenxiong keenly found a good opportunity to enter the market from the downturn of the market. He and his father Fang Runhua quickly allocated the family's cash resources for many years, and the father and son worked together to deduce one refreshing battle after another for the acquisition of grade a commercial buildings.

In July 2001, Chongshan building in Tsim Sha Tsui was purchased from a Japanese Consortium at a cost of HK $180 million.

In May 2002, it purchased Hongshan Plaza in datan from bailibao group of Luo XURUI at a cost of HK $156 million.

During the SARS period in 2003, the Bank of China Group purchased 55 des Voeux Road Central, which is now the Xiecheng bank center, for HK $320 million.

Fang Wenxiong learned from his father Fang Runhua that he is calm and steady in his business style. He deeply agrees with his father's business strategy of "defending as an attack" which he has insisted on for decades. He also sincerely admires his father's kindness of persisting in repaying society for a long time while leading Xie Chengxing to grow through the storm.

Fang Wenxiong knows that he has a long way to go. He knows that it is his bounden duty to successfully continue the great cause of Acer created by his grandparents from scratch. Therefore, at any time and in any move, he will base his decision on minimizing the investment risk. For a long time, Fang Wenxiong has been leading the Xiecheng group with a calm mind and an overall view. He has timely established a clear and appropriate vision and deployed a series of humanized management actions to revitalize the traditional enterprises and shorten the enterprise structure. Fang Wenxiong is well aware that in the new era of knowledge economy, the formation of enterprise change is the most prominent survival skill of enterprise leaders. Therefore, he should ensure that the company will still be competitive in the next 20 to 30 years in a step-by-step way. Under the influence of his father, Fang Wenxiong is good at using static restraint to attack others later. In his words, "the difference between late and early is not very big. Early has advantages, and late has business opportunities. Therefore, Fang Wenxiong, with unique vision, chose to invest in China's blue chip stocks as his second battlefield. He was calm, focused on medium and long-term investment, and never moved by the big market. Over the past few years, Fang Wenxiong's success stories have been repeated and he has been triumphant all the way.

Fang Wenxiong is full of confidence in China's economic trends in the future. He even believes that the next 20 years will be a golden opportunity for China's economic development. Fang Wenxiong decides to accumulate strength to participate in We are surprised to appreciate the depth of his thoughts, and share Fang Wenxiong's silent breakthrough and innovation through his subtle and outstanding business leader talent.

resume

Born in Hong Kong in 1957

1974-80 studied in the Department of economics, Simon Fraser University, Vancouver, Canada, with a Bachelor of Arts

From 1980 to 82, he studied MBA in the University of Hong Kong and obtained MBA

1985-86 worked in San Francisco real estate company

From 1993 to 2009, he served as the deputy general manager of Xiecheng bank

In 2009, he was promoted to managing director of the association

Ten years in the United States

Fang Wenxiong, who went to high school and University in Canada in his early years and worked in a real estate company in the United States for 10 years, returned to Hong Kong in 1993 to work in Xiecheng Development Co., Ltd., which was founded by his father Fang Runhua and grandfather Fang Shuquan in 1948, and took the post of deputy managing director of the group from 1993 to 2009. In 2009, Fang Wenxiong was promoted to the post of managing director of the group. He said frankly that at that time, he was optimistic about the business opportunities brought to Hong Kong by Deng Xiaoping's southern tour of Shenzhen. In addition, compared with the United States, it is expected that business opportunities in Hong Kong, the mainland and even Asia will grow more rapidly, so it is determined to return to Hong Kong for development. At present, Xiecheng bank buys more ready-made residential and commercial properties to collect rent. In 2003, central Jincheng bank, which was purchased by the group at a cost of $310 million during SARS, is now renamed Xiecheng bank center. In the past, Xiecheng bank was a stable and conservative company. It was not a fast-moving company, and its properties lacked competitiveness. Therefore, in the future, Xiecheng bank will strengthen the competitiveness of properties, such as improving the quality of property management and facilities.

New property

In 2012, the group entered into service residence and boutique hotel for the first time, providing hotel service residence service in mudidi Hotel and mudidi hotel in Changle street, Jordan, providing fitness service and comfortable leisure enjoyment for guests. The unit also has independent hi fi audio and DVD equipment, providing wireless Internet service, and independent cooking stove equipment, which can be called service residence and boutique hotel It's a new attempt of tasting hotel.

Keen on public welfare

In fact, although Xiecheng bank is a medium-sized developer, it still spare no effort in charity. Fang Wenxiong disclosed that the group will use 5% to 10% of its profits for charity every year.

Over the years, Fang shufutang fund and Fang Runhua fund have been working hand in hand and making concerted efforts. Apart from donating funds in Hong Kong and Dongguan, they have been gradually facing the whole country since the 1980s. Especially in the early 20th century, in response to the call of the State Council on the development of the western region, they have expanded to the poor areas and ethnic minority areas in the western region. The donation projects have spread all over Hong Kong, Macao and Taiwan, as well as 31 provinces, cities and autonomous regions in China District. There are mainly the following aspects

1. Science and education: since 1978, it has donated funds to build a middle school, four primary schools, ten universities in Hong Kong, as well as the University of Macao and Taiwan Jiaotong University. So far, it has donated 121 hope primary schools, 32 middle schools, 21 kindergartens, education centers and vocational training centers in the mainland, and donated teaching buildings, libraries, lecture halls or computer centers, experimental centers and other educational facilities in more than 100 famous institutions of higher learning, such as Peking University and Tsinghua University. Some universities have also set up "scholarship programs" and launched satellites in Xichang and Jiuquan In addition, some scientific research institutions have donated more than 400 scientific and educational projects.

2. Medical treatment: in order to help solve the problem of farmers' medical treatment, 51 health centers have been built in poor villages and towns in the mainland through overseas Chinese affairs offices, the Federation of overseas Chinese Affairs and the Red Cross Society of China; and medical research centers or special medical research funds have been built in more than 10 famous universities in China and Hong Kong to promote the treatment of integrated traditional Chinese and Western medicine and help to overcome modern stubborn diseases such as cancer, diabetes and Parkinson's disease a helping hand.

3. Welfare: in order to help the poor and disabled people in the mainland, the fund donated more than 30000 wheelchairs to Shanchang, which were purchased by China Welfare Foundation for the disabled, and sent directly to the elderly, the weak and the disabled through local branches. Every major natural disaster, such as the 2008 Wenchuan earthquake, the fund donated millions of money to rebuild ten primary schools in the disaster area and help the affected college students tide over the difficulties. At the same time, through the relevant government departments and charities, the elderly center, child care center and child support center will be built in China and Hong Kong.

Foster children

Fang Wenxiong now has two sons. Regarding the expectations of the next generation, Fang Wenxiong said frankly that today Hong Kong has to face global competition in both study and work. In addition, the mainland people are catching up. Compared with that, the attitude of Hong Kong people towards lifelong learning is not as good as that of the mainland. He hoped that Hong Kong people and the next generation would wake up quickly and cultivate a lifelong learning attitude. Besides reading books, they should also contribute to the society. If they have time, they should do volunteer work. At the same time, we should also pay attention to knowledge and social responsibility in order to build a harmonious society. The biggest worry, he says, is that the next generation will be spoiled by material abundance.

Transformation shopping

Central has always given people the impression that it is a place for financial and law firms to gather on free days, while on Sundays it becomes a place for Filipino domestic helpers to gather together. However, Fang Wenxiong believes that with the changes of the times, Central has become one of the shopping malls, such as famous brand shops, fashion shops, telephone communication and jewelry and gold ornaments. In recent years, due to the increase of shop rent in central, many industries that may not necessarily operate in the shops, such as beauty and slimming centers, have gone upstairs, adding beauty and slimming In general, the industry needs to make an appointment, not to mention the traditional retail areas such as Wan Chai and Causeway Bay.

Be sure to dress up

Take the shopping mall in the international financial center as an example. Since its opening, the response has been better than expected. Even on holidays, it can attract people to come. In addition, Central has become an internationally renowned location. Naturally, it can serve as a distributary place for the retail industry

Chinese PinYin : Fang Wen Xiong