2004 China Rich List
Ming Jinxing - 2004 China Rich List:No.24
| 2004 wealth (US m): |
340 |
| 2003 wealth (US m): |
315 |
| age: | 46 |
| birthplace: | Zibo, Shandong |
| company: | People’s Food Holdings |
| head office: | HK |
| industry: | Meat products |
| listing: | Singapore – PFOOD People’s Food (March 2001), Hong Kong – 0708 People’s Food Holdings (October 2002) |
| personal info: | This past year has seen Ming sell off US$85 million worth of shares in People’s Food. With sales last year of US$590 million (2002: US$600 million) and paying taxes of US$10 million (2002: US$16 million), People’s Food has 9,500 employees. The low-key Ming, a former doctor, started with medical equipment in 1993, before joining up with a local joint venture partner to build one of China’s most successful meat product businesses. The similarities with Ye Weichen (number 80), are striking: both started in the meat business at around the same time, merged with existing local business and managed a Singapore listing in 2001. |
| other list rank: |
