Zhu Baoguo - 2004 China Rich List:No.48
2004 wealth
(US m):
230
2003 wealth
(US m):
180
age: 43
birthplace: Xinxiang, Henan
company: Joincare Pharmaceutical Group
head office: Guangdong
industry: Health products and pharmaceuticals
listing: Shanghai – 600380 Joincare Pharmaceutical Group (June 2001), Shenzhen – 000513 Livzon Group (May 2002)
personal info: With an eye on China’s fast-growing pharmaceutical industry, Zhu changed the name of his main company from Taitai to Joincare to position his company away from his successful health care products to pharmaceuticals. With sales last year of US$210 million (2002: US$85 million) mostly on the back of its three key brands, and paying taxes of US$4 million, Joincare has 8,600 employees. Zhu founded the business in 1992.
other list rank:
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