2004 China Philanthropists List
Lou Zhongfu - 2004 China Philanthropists List:No.16
| 2003 donations: | 1,810,000 |
| causes： | non-specific |
| age: | 50 |
| birthplace: | Zhejiang |
| company: | Guangsha Holdings |
| head office: | Zhejiang |
| industry: | Zhejiang, Shanghai and Chongqing real estate, construction |
| personal info: | This year, the family-run Guangsha has invested US$70 million into land in the heart of Nanjing and already sold 500, 000 square meters of its US$1 billion Hangzhou development. Controlling companies with sales last year of US$1.9 billion (2002: US$1.25 billion) and paying taxes of US$70 million for the second year running, Guangsha now controls companies with 50,000 employees and has interests that span hotels, a hospital, labour export teams (mainly to the Middle East and Africa) and a local newspaper. Fifteen years a laborer, Lou started out in 1984 in construction, recapitalising in 1992 and from an early listing in 1997. Lou is a delegate to the National People’s Congress for a second term. |
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