#2644

Wu Zhigang & family

China 91 years old Self-Made

Overview

Source of Wealth
Bakery chain
Residence
Shenyang, Liaoning
Marital Status
Married
Children
3

Assets

  • Shenyang Toly Bread Co
    776,000,000 shares @ -
    -
    603866-CN
  • Shenyang Toly Bread Co
    -153,000,000 shares @ -
    -
    603866-CN

Biography

Wu Zhigang is the founder of Shanghai-listed bakery chain Shenyang Toly Bread.

Wu was a teacher at an industrial school before founding the chain with his son Wu Xuequn in 1995; Xuequn is the company's general manager.

Wu Zhigang's wife, Sheng Yali, and sons Wu Xuedong, Wu Xuequn and Wu Xueliang hold shares in Toly.

Xuedong, Xuequn and Xueliang are board members.

Wu Zhigang retired as chairman in 2019 and was succeeded by Wu Xueliang.