Early Life and Education
Chi Yufeng, also known as Michael Chi, was born on September 15, 1971. His early life was marked by a strong interest in technology. He received a bachelor's degree in chemistry from Tsinghua University in 1994. Later, he pursued a Master of Business Administration degree from China Europe International Business School, which he completed in 2004.
Rise to Success
Chi Yufeng's career began in 1996 with the founding of Beijing Hongen Education and Technology Co., Ltd., focusing on educational software. In 2004, he founded Perfect World Games, which quickly became a leading Chinese online game developer and publisher. Under his leadership, Perfect World Games went public on the NASDAQ in 2007. Chi also created Perfect World Pictures Co., Ltd., in 2008, expanding the company's reach into film and television production.
Key Business Strategies
Chi Yufeng's business strategies have been centered on innovation and expansion. He successfully navigated Perfect World Games through an initial public offering, and subsequently, a privatization. In 2016, he led the asset reformation of Perfect World Pictures and Perfect World Games to list on China's A-shares market. His focus on high-quality products and services has contributed to the company's success, with the company's logo appearing in multiple Oscar-winning films.
Philanthropy
Chi Yufeng is known for his philanthropic efforts, particularly in supporting education and technology-related initiatives. He has been involved in social welfare through Perfect World, helping employees and organizing educational events in rural primary schools, as well as donating money and books. Information about the exact amounts is unavailable.